Inside Wealth
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New data from the IRS shows that tax filers with taxable incomes of $1 million or more were audited nearly 12 times more often than the population as a whole.
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For financial advisers, knowing the value and proper care of client's collections has become an essential part of doing, and keeping, business.
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In London, surprisingly robust sales of Lamborghinis and Ferraris depend on mass-market techniques as the super-rich spend less freely.
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For $75,000, this matchmaker will help high-flying executives find the match that meets their every demand and handles it discreetly.
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As Chinese tourists travel abroad for New Year this week, they will show why the Chinese consumer is considered the top spender in luxury worldwide.
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Many owners are happy to part with large sums of cash to buy extravagances for their pets. Here's a list of products for the pet who has everything, and the owner who gives it to him.
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Even those who paid close attention to the 'fiscal cliff' deal are likely in for a shock in April 2014, when they could see a drastic increase in their tax bill.
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Three of the top five on the Chronicle of Philanthropy's 2012 list of Most Generous Donors are under 40 – the largest number of young donors at the top ever.
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Penny Pritzker, a possible nominee for commerce secretary, has never been comfortable with the title "billionaire." Her wealth could also be an odd fit in the Obama White House.
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How families of great means hope an act of giving will keep the family together and help them weather inevitable family discord.
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Weathering Europe's economic storm, London auctions this week netted more than $440 million as bidders snapped up high-profile works by Picasso, Modigliani, and Morisot.
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Long after the housing crash, wealthy homeowners are challenging what they perceive as overly high tax assessments of their properties.
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Houses in London's 10 most expensive boroughs are now worth as much as the property markets of Wales, Scotland and Northern Ireland combined.
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Bought by an antique picker for less than $100, the photo depicts the nine players and a manager of the 1865 Brooklyn Atlantics team.
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Reprising his 2011 crusade, Barack Obama is calling again for eliminating "tax breaks for private jet owners," drawing criticism from the industry and opposing politicians alike.
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An Australian millionaire made headlines recently by giving $50 million to Australian National University. His reason? To keep it away from his kids.
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Giving in the United States grew by a scant two percent in 2012, the slowest since the depths of the financial crisis in 2009.
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A new survey from Spectrem Group finds that only 20 percent of affluent and wealthy investors agree that "money can buy happiness."
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With the Dow breaching 14,000, investors have recovered the more than $8 trillion in wealth lost during the recession and millionaires are more numerous and more confident than they've ever been.
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With 82 percent of all directly owned stocks in the United States in the hands of the wealthiest five percent of Americans, the gains from the recent stock market surge will go almost entirely to those who are already rich.
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Virtually every state's tax system unfairly takes from those who make the least, says a new report. But which states take the most from their richest residents?
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Frank joined CNBC in 2012 as a reporter and editor. He is a leading journalistic authority on the American wealthy.