The $100 million sale seems to have become an annual rite of passage for the luxury real estate market following the financial crisis.» Read More
The economy needs the kick-start of high-earners buying luxury goods, but a new survey says rich consumers are no more confident than the rest of us.
A new 590-foot yacht under construction in Germany will be the world's largest. But the owner's identity remains a mystery.
The prospect of expiring U.S. tax cuts makes 2012 an opportune time for wealthy families to sell their businesses, but a host of obstacles will likely prevent a flood of deals
The world’s super yachts are some of the biggest and most expensive toys of the super rich. Which super yachts rank as the largest in 2013? Click ahead to find out!
Rafalca, a 15-year-old mare from Germany, is owned in part by Ann Romney, wife of the presumptive Republican candidate for president, and represents an unusual collision of national politics and the Olympics.
Those earning incomes in the top one percent (like many Americans) rank themselves much lower than their actual position, and worry that the wealthy have "too much influence."
One of the world’s richest people is known for not being like other billionaires, and this also applies to his minimal real estate portfolio. Have a look at his longtime home and a former vacation home.
Led by Microsoft founder Paul Allen, the super-rich have brought their supersized boats to serve as party platforms and traffic-beating transportation during the Olympics.
A report earlier this month that Maryland's tax hikes on the wealthy had driven high-earners and jobs from the state received a spirited response from the governor. Now, round two.
Sandy Weill is not only reinventing his position on banks. He is also dismantling some of his personal empire, selling his penthouse and yacht. The aim, he says, is to "simplify."
The tiny principality of Monaco has a lustre usually only found in the world’s greatest cities, but lately it's struggled to shed its image as a shady haven for tax evaders.
A new survey shows that wealthy women are more likely than wealthy men to say that the rich don't pay their fair share.
With more than 600 private islands for sale around the world, prices have fallen by between 20 percent and 80 percent, creating a buyer's market for a private piece of paradise.
Auction house Gooding & Co. has put its mitts on the Ferraris of a collector named Sherman Wolf, including a 1960 Ferrari 250 GT California Spider Competizione.
A new report says the global rich have placed more than $21 trillion in offshore accounts, costing governments $280 billion a year in lost revenue.
Inheriting money would seem like one of life’s unabashed blessings, yet the inheritors I spoke to said they were ill equipped emotionally or financially to handle the windfall.
As the Chinese boom slows Hermes, Remy and other posh names are still going full throttle in Asia.
A new report shows that the One Percenters lost more income and paid higher tax rates than the rest of the population.
A new study finds that millionaires who don't feel wealthy need at least $5 million in invesitble assets to feel wealthy.
Many of Europe's royal families are feeling a pinch of the austerity sweeping the continent as it deals with its debt crisis.