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Inside Wealth

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  • Larry Ellison

    Even before buying the Hawaiian island of Lanai, Oracle CEO Larry Ellison was among the biggest spenders in corporate America.

  • UK Company Promises Moon Tourism by 2015 Wednesday, 20 Jun 2012 | 12:31 PM ET

    Excalibur Almaz will charge wannabe astronauts an average of £100 million for a six to eight month journey exploring deep space

  • What the Rich Are Reading This Summer Wednesday, 20 Jun 2012 | 10:39 AM ET
    Beach

    The ten best reads for the High Net Worth reader to hit the beach with this summer.

  • Asia's Millionaire Count Passes North America's Tuesday, 19 Jun 2012 | 10:54 AM ET

    The United States is still No. 1 when it comes to the number of millionaires in a single country, but global wealth is continuing its movement eastward.

  • Handing money over

    A new study shows that charitable giving in America increased 4 percent last year, to $298.4 billion. But Americans gave only 1.9 percent of income to charity, down from previous levels.

  • Gina Rinehart, chairwoman of Hancock Prospecting Pty.

    A new study of multi-millionaires finds that only half plan to leave their inheritence to their kids.

  • Subtle Signs Show Wealthy Are Worried Monday, 18 Jun 2012 | 9:58 AM ET

    The very rich seem to be spending conservatively on their luxuries and their investments alike, which is bad news for the rest of us.

  • Opa! Greek Wines Create Some Buzz Friday, 15 Jun 2012 | 2:48 PM ET
    Hillside Vineyard, Samos, Greece.

    Amid Greece's economic woes, there is some good news: importers and top sommeliers are becoming more interested in the increasing quality (and rising prices) of Greek wines.

  • Renting a Super-Yacht Just Got Cheaper Friday, 15 Jun 2012 | 12:23 PM ET
    Slipstream Yacht

    An over-supply of mega-yachts in the Mediterranean has led to heavy discounting and deals for yacht renters. Some are offering free private jet flights with a yacht rental.

  • Super-Yachts at a Discount Friday, 15 Jun 2012 | 12:23 PM ET
    The Euro crisis has affected every part of the European economy, even in the rarified market of mega-yacht rentals in the Mediterranean. A glut of yachts for rent, coupled with the slowing global economy and the Euro crisis, is creating unprecedented bargains in the charter yacht business this summer. Yacht brokers say there are roughly 750 boats over 100-feet long docked on the shores of the Med this summer waiting for customers – twice the number of previous years. And there simply aren’t enou

    The slowing economy has led to some unprecedented bargains in the charter yacht business. Click ahead to see what kind of yacht is for rent at a discount this summer.

  • The 10 Most Overpaid NBA Players Friday, 15 Jun 2012 | 11:30 AM ET
    Sports fans hold strong opinions about which pro basketball players deserve their massive salaries, and which ones don’t. One fan, however, has gone further than the average barstool commentator --- Southern Utah University economics professor David Berri. Berri is co-author of the 2006 book “The Wages of Wins,” which determines which players are overpaid with a statistical method called "Wins Produced" that he and his co-authors developed.According to Berri, NBA players are paid for high scorin

    Sports fans hold strong opinions about basketball salaries, but economics professor David Berri developed a statistical method to see which players are the most overpaid.

  • Watchmakers Ask, Why Can't Phones Be Smart and Beautiful? Thursday, 14 Jun 2012 | 12:32 PM ET
    The Chairman

    Luxury watch brands are launching high-end, high-tech smartphones with the craftsmanship traditionally associated with the art of watchmaking.

  • The $500,000 Nadal Watch Is Now Sold Out Thursday, 14 Jun 2012 | 11:10 AM ET
    Richard Mille RM027 watch

    No wonder tennis star Rafa Nadal was so sad about losing his watch this week. The company that makes it is totally sold out of the product.

  • Why the Rich Recovered and the Rest Didn't Wednesday, 13 Jun 2012 | 3:51 PM ET

    New Fed data show that while the middle class lost more than a third of their wealth between 2007 and 2010, the top 10% gained. The reason is quite simple: the wealthy owned more stocks.

  • Lost and Found: Nadal's $370,000 Watch Wednesday, 13 Jun 2012 | 10:51 AM ET
    Rafael Nadal celebrates with his trophy after winning the French Open tennis tournament at the Roland Garros stadium, on June 11, 2012 in Paris.

    The $370,000 luxury watch owned by tennis great Rafa Nadal was stolen..and now found.

  • As Euros Flee to Germany, Germans Buy Up Beach Homes Wednesday, 13 Jun 2012 | 8:04 AM ET

    abstract goes here

  • Is the Miami Mansion Boom Becoming a Bubble? Tuesday, 12 Jun 2012 | 2:02 PM ET
    Miami, Florida

    Miami's high-end real-estate market is hot, but with wealthy foreign speculators providing the heat, a global stumble could cool it off in a hurry.

  • Beware the 'Fairy Tales' of Art, Wine and Jewels Tuesday, 12 Jun 2012 | 12:36 PM ET
    "Tete" carved by Italian sculptor and painter Amadeo Modigliani

    The wealthy have been turning to the concrete value of collectibles during the financial crisis. But some of the sector's stability is illusory.

  • If the CEO Owns a Yacht, Should You Sell the Stock? Monday, 11 Jun 2012 | 1:43 PM ET

    In the past, investors rarely cared much about off-the-job spending by CEOs. But in the current climate, the yacht and Ferrari habits of CEOs may, indeed, be relevant to investors.

  • An Investment? Wheels May Be Just an Expensive Hobby Monday, 11 Jun 2012 | 12:08 PM ET
    965 Ferrari 275 GTB

    Classic cars have been steadily increasing in value, but once you own one of these cars, the cost of restoration, insurance and taxes start to mount, until your investment becomes more about love than money.

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