The billionaire, who last week warned of the rising wealth gap sparking a revolution, just spent $71 million on an estate in Palm Beach, Florida.» Read More
If you happen to get trapped in the trunk of a car, hope that it's not a Ferrari 458. More than 3,000 of them are being recalled for faulty escape latches.
Tired of two weeks vacation a year? Perhaps you should work for Virgin, where boss Richard Branson believes in offering unlimited time off.
Apple's $3-billion acquisition of Beats earlier this year helped co-founder Dr. Dre jump to the top of Forbes' Hip-Hop Cash Kings list.
London has trumped Hong Kong as the world’s most expensive city, according to a report from international estate agent Savills.
Billionaires are holding mountains of cash, offering the latest sign that the ultra-wealthy are nervous about putting more money into today's markets.
Dallas was the fastest-growing city in 2013 when it comes to new millionaires, according to a report from Capgemini and RBC Wealth Management.
Alibaba's IPO will unleash a flood of wealth for Jack Ma and Joseph Tsai, but unlike some other tech IPOs, the big money isn't being spread around the company.
The geography of wealth in America is shifting to the oil/energy states, reports CNBC's Robert Frank, with a look at a new study that shows where the fastest growth of millionaires occurred last year.
A tropical island in the Indian Ocean will go on sale on Wednesday, allowing punters to buy a piece of paradise for around $14 million.
Stephen Hung, a luxury hotel entrepreneur, ordered 30 Rolls-Royces—the largest single order ever of Rolls-Royces, according to the company.
Sir Thomas Hunter said there are still facts missing from both sides of the Scotland independence debate.
Nearly half of Chinese millionaires plan to move out of the country in the next five years, according to a report.
China created 40,000 new millionaires last year, a growth rate only about half of that in 2010 and 2011.
London and New York may be the favorite two cities of the global wealthy. But when it comes to investment returns since 2010, Dubai was your best bet.
Two of the biggest names in real estate are forming a global alliance to create the largest network for homes priced in the top ten percent of the market. CNBC's Robert Frank talks to Howard Lorber, Douglas Elliman chairman and Lord Andrew Hay, Knight Frank, about the global marketplace.
Today's globe-trotting rich are more likely to want pied-à-terres as second homes, which means you may not guess where the new 2nd-home hot spot is.
The home, believed to now be America's most expensive public listing, has set a new high-water mark for real estate.
The widening gap between the wealthy and the rest of America during the recovery can largely be explained in one word: stocks.
America's millionaire population hasn't grown significantly in 10 years, according to new data, suggesting those at the top aren't benefiting from the recovery.
This multimillion-dollar midcentury Beverly Hills, California, megahome built by a famed architect is now for sale.