July 1- Macy's Inc said on Wednesday it would end its business relationship with Donald Trump, and New York City said it was reviewing its contracts with the billionaire developer and U.S. presidential hopeful because of his comments insulting Mexicans. In New York City, where Trump built his fortune in real estate, his company has a contract to run a golf course at...» Read More
Deep-pocketed, high-profile individuals are pouring millions of dollars into these money-losing businesses, often without any goal of earning a return.
A new report from A.T. Kearney finds that just 2 percent of China's population accounts for about a third of all of the world's luxury consumption.
CNBC's Robert Frank shares a peak at Wednesday's season finale of "Secret Lives of the Super Rich."
There's a stretch of asphalt 95 miles north of New York City where super-rich drivers can go super fast. The cost? Initiations fees start at $125,000.
U.K. billionaire Richard Branson mounted a swift online defence of his decision to move to his private Caribbean island retreat.
Studies suggest the American wealthy could be even more generous than they already are, so why don't they give more? It depends who you ask.
The French Riviera hasn't lost its cachet, topping the list of prime residential enclaves for the ultra-wealthy, according to research from Savills.
A peek inside Feadship, one of the world's most prestigious makers of megayachts, including those for Steve Jobs and Larry Ellison.
Inequality is all relative. It now takes at least $100 million to matter in New York, leaving many wealthy feeling disadvantaged.
CNBC's Robert Frank reports John Arnold pledged up to $10 million to fund head start programs that were closed because of the government shutdown.
The sticker shock is just the beginning—the cost to keep a mega-yacht afloat is pretty mega ,too, according to some experts and owners.
Check out this supercar once owned by Barbara Hutton, and visit the island where the super rich spend more than $50 million on classic cars in a weekend.
Twitter will get a public value of as much as $10 billion, but only one shareholder will become a billionaire—and he's no longer with the company.
If you can't buy it, build it. These 5 expensive replicas that may be even better than the real thing.
Sales of New York apartments priced at $10 million or more surged 75 percent in the third quarter, according to Brown Harris Stevens.
America's 100 largest individual landowners added 700,000 acres to their holdings, according to the Land Report 100, and now own 2 percent of the U.S. land mass.
A bitter fight between two of the New York area's wealthiest families is playing out in the modest trappings of a county courthouse.
It's simply known as "The Ski Home." This Aspen, Colo., megamansion is the largest home in town. CNBC cameras take you on a VIP tour with the owner.
Millionaires can be forgiven for feeling, well, a little average. There are millions of millionaires in the U.S. Here are some signs you're super rich.
It’s one of the most exclusive homes in America, but only CNBC's cameras granted access to tour this luxury manse.