Apartment prices in "prime" central London rose by a staggering 33 percent last year, thanks to reforms to the taxes levied on homebuyers.» Read More
Here's why househunters in Miami, Chicago and... Lagos had better get ready for their dream homes to get pricier.
Wealthy Chinese are spending substantial money on real estate in New York and some other major cities around the world, including London and Sydney.
Here's how the wealthiest people may manage their fortunes in 25 years.
A New York City art dealer is offering three works by the elusive British street artist Banksy at a Miami auction.
A well-known portrait of Jane Austen will be auctioned by Sotheby's on Tuesday, the reproduction of which is set to grace U.K. banknotes.
U.S. auction sales of collectible cars are set to reach an all-time high in 2013. Plus, why a car sold for $100 million is within reach.
Bob Dylan's historical Fender Stratocaster guitar sold for nearly $1 million at Christie's: the highest price ever paid for a guitar at auction.
Edward Hopper's famous portrait of economic hardship has just become the new symbol of unbridled wealth.
Young pro athletes often burn through big money contracts, but Philadelphia 76ers phenom Michael Carter-Williams is going to an extreme to protect himself.
Norman Rockwell's "Saying Grace" sold on Wednesday for more than $46 million, double its high pre-sale estimate.
Even if you have $1.4 million to buy a LaFerrari, you probably can't get it. The supercar's sold out.
This week, the largest-known private collection of memorabilia from the Lord of the Rings films will be auctioned in Beverly Hills.
Millionaires are feeling better about the economy, but more skeptical of the stock market, according to Spectrem Group's Millionaire Investor Confidence Index.
Fantex will launch the largest celebrity IPO in history on a stock exchange that lets fans and investors trade on the value of personal brands.
The "Art of the Automobile" auction held by Sotheby's and RM Auctions surpassed its estimate of $50 million Thursday, when it sold off 31 gleaming vintage cars.
Silicon Valley's suddenly wealthy won't be doing mutual funds and muni bonds. Start-up millionaires just don't do "traditional" when it comes to investing.
The NYSE and iBillionaire have launched the iBillionaire Index, which tracks the blue-chip stock holdings of leading billionaire investors.
Lackluster sales at a recent Christie's auction may not be a sign that the frothy art market is finally breaking down.
While the wealthy don't show any signs of worrying about the effects of tighter money, they should be, according to economist Marc Faber.
Demand for fine art is thriving, but it is the priciest works that are attracting most interest, as a number of paintings sold for millions of dollars at the Frieze Masters art fair in London.