Wealthy foreigners are retreating from the ultra-luxury London property market, said estate agency Knight Frank.» Read More
Amid the backlash against Kate Menendez, who said she's "sick of feeling ashamed for being privileged," there's a bigger point: Is she real?
Cigar Aficionado magazine recently highlighted Miami's cigar industry describing the city as a "a new hot spot for creative cigarmakers."
A survey asked wealthy homeowners about the perks they want in their homes. The answer: open floor plans and high tech gadgets.
The U.K. is not usually seen as a prime location for second homes, but a growing number of Russians are snapping up real estate on a strip of coastline dubbed “Britain’s Palm Beach.”
The Spectrem Group's Millionaire Confidence Index reached its highest limit in its 9½-year history. What's their secret?
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.
These six words mean one thing to most people and something totally different to the super rich. Life has complications.
A deal has been reached to divide up the estate of the reclusive heiress Huguette Clark, a artist who lived her last 20 years in New York hospitals.
It’s one of the most exclusive homes in America, but only CNBC's cameras granted access to tour this luxury manse.
A proposed settlement in the $300 million estate of heiress Huguette Clark would give more than $30 million to her relatives, most of whom never met her. NBC News reports.
The racehorse market took a spill during the recession and didn't look ready for a comeback. But suddenly, Thoroughbred prices are charging ahead.
Billionaire Stanley Druckenmiller said quantitative easing is just another version of trickle-down economics. Some economists agree.
Will there be a price bubble for bubbly? We'll soon find out when a 99-year-old bottle of Moët Champagne is sold at Sotheby's.
The price marks a sharp fall for a house that got widespread media attention and listed last year for $125 million.
Supercars are very common on the wide, state-of-the-art highways of Dubai. But a new record-breaking Lamborghini, made out of gold and gems, is sure to turn heads.
The wealthy should give less to charity and invest more of their money in start-ups, said Scott McNealy, the former CEO of Sun Microsystems.
Settlement efforts have delayed the trial of who will inherit the $300 million estate of copper mining heiress, Huguette M. Clark.
The 400 richest Americans are now worth a combined $2 trillion, according to Forbes. That's more than the GDPs of many nations.
Newport's storied mansions were left behind in the 1990s and 2000s, but its oceanfront estates are regaining their shine as new buyers come to town.
President Barack Obama said government can and should shrink the gap between the rich and poor. Here are some reasons why that's wrong.