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Less than a year after buying the Hawaiian island of Lanai, Oracle chief Larry Ellison has purchased Island Air, a local airline that factors in his development plans.
"Penta-millionaires," those worth $5 million or more, are happier than the merely rich, a new study shows.
Wealthy Chinese are buying more luxury goods — just not at home. Here's where they're spending their money.
Harvard leads all universities with some 52 billionaire alumni with a collective fortune of $205 billion, according to a global list of universities.
Dennis Tito, who paid a reported $20 million for a ride on a Russian spacecraft, is said to be backing a privately funded, possibly manned, shot at Mars.
American millionaires say they are better off than they were at their 2007 peak.
An auction by collector Bruce Weiner has brought renewed attention to "microcars," a popular automobile genre valued as much for their cute looks and ingenious designs as for their parsimony.
For $75,000, this matchmaker will help high-flying executives find the match that meets their every demand and handles it discreetly.
Mystery surrounded the appearance of Russian billionaire Roman Abramovich's 533-foot yacht, Eclipse, at a berth in mid-town Manhattan.
Long after the housing crash, wealthy homeowners are challenging what they perceive as overly high tax assessments of their properties.
An Australian millionaire made headlines recently by giving $50 million to Australian National University. His reason? To keep it away from his kids.
A new survey from Spectrem Group finds that only 20 percent of affluent and wealthy investors agree that "money can buy happiness."
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.
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?
When asked about their broader definitions of wealth, a majority of investors surveyed said it meant "greater security." "More happiness" ranked a distant second.
At a facility with a chef, maid service, and a view, patients pay upward of $50,000 to be treated for an increasingly common blend of addictions to sex, often with prostitutes, and stimulants.
Sellers at high-end Manhattan apartment buildings have been forced to reduce their prices after buyers balked at the high monthly payments.
The Hamptons real-estate market has not only recovered -- it’s soaring past its pre-crisis peaks.
What can small private banks do to win back trust in their concierge financial services? In Switzerland, banks are focusing on the country's political stability, strong currency, and selling their niche appeal through lavish dinners and exclusive access.
The $4.6 million sale of the original Batmobile grabbed the headlines from this weekend's Scottsdale car auction, but the huge prices paid for Ferraris and other exotics were the real news.