Wealthy foreigners are retreating from the ultra-luxury London property market, said estate agency Knight Frank.» Read More
A group of 25 entrepreneurs, academics and wealthy heirs told Congress the estate tax should be higher than President Obama’s current proposal.
Sixty super-wealthy families had annual returns on investments of as little as a quarter of what they had reaped in 2011.
The rich in UK are often told they should give in numbers more like their American counterparts. Analysis of new study suggests that they do.
The fight over revenue has largely focused on income taxes for the rich. But a dispute over "the other rich tax" looms in Washington.
An extremely rare bottle of Glenfiddich single malt scotch may fetch as much as $100,000.
CNBC's Robert Frank showcases a desk worth several million dollars.
With foie gras banned at home, Californians are crossing the border to buy the delicacy.
New data shows that Beijing and Shanghai have more multi-millionaires than Los Angeles.
The newest status symbol in the mega-yacht world: support yachts to carry helicopters, speedboats, and other toys.
Big art buyer Steven A. Cohen is skipping the premier U.S. show this year, taking the buzz out of the air.
A pro-tax ad by the California teachers' union has drawn fire even from those who support higher taxes.
The wine cellar of legendary restaurant elBulli will be sold in two auctions at Sotheby's next Spring in New York and Hong Kong.
The race to beat the "dividend cliff" is on – and it's generating some big pay-days for CEOs and company founders. Special dividends will total more than $22 billion this quarter.
The U.S. millionaire population will fall by 315,000 if the fiscal cliff is not averted.
A new study showed that financial services produced more multi-millionaires than any other industry in 2011.
The amount of annual income to guarantee happiness varies from country to country, a new international survey finds.
The soaring value of fine wines has given collectors an unexpected source of liquidity.
A new survey that shows that millionaires are far more dog-friendly than the rest of Americans.
Billionaire Warren Buffett said that killing the charitable deduction would not change his giving.
The gap between a "low-luxe" mini-size import and a loaded American sedan is getting smaller, and Detroit is betting you'll soon choose more room for a lower price.