Flush with cash, big investors have bought at least 55,000 single-family homes across the U.S. in the past year, and home buyers say it's hard to compete.
A recent jump in investors' confidence has been driven by millionaires, while the merely rich remain unconvinced that the recent stock market rallies are real, a new survey said.
A lawsuit has prompted the historic parish to offer an estimate of the value of its assets: more than $2 billion.
A new study shows that the stock boom has benefited the rich more than the less affluent, whose wealth is concentrated in their homes.
In the highly personal interview, the cable magnate talked about his wealth, his land holdings and the one toy he does enjoy: Barry Diller's yacht.
Several hedge fund leaders who had giant paydays last year earned their riches the old-fashioned way: by posting big returns on their investments. The New York Times reports.
Carl Icahn appears set to enter the fray over the leveraged buyout of Dell. Trading sources say they are confident that Icahn has amassed a position in Dell that may approach 100 million shares, and would bring him to a roughly 6 percent ownership.
This asset manager says he's met with three new clients with over $1 million each but the "shock and awe" of 2008 still looms large in their psyche.
A slow British economy and high prices has made London property less attractive to investors as they realize returns are low and capital values are vulnerable.
Click on to see the priciest motorcycles, with values starting in the low six figures and going up to a million dollar machine.
As their clients became frozen by economic churning in Europe and Washington, wealth advisers have been trying to convince clients of the positive effects of uncertainty.
The amount of annual income to guarantee happiness varies from country to country, a new international survey finds.
The soaring value of fine wines has given collectors an unexpected source of liquidity.
Before you go out and buy a mansion and a yacht, here is some smarter advice on what you should do if you win the $425 million Powerball.
New IRS data show that those making between $1.5 million and $2 million pay the highest average tax rates in the country.
Nowhere is the impact of foreign riches more noticeable than at Lamborghini Miami, one of the nation’s largest sellers of super-cars.
In their rush to avoid the tax hikes of the "fiscal cliff," investors may end up with regrets.
If the charitable deduction is capped or cut, some say, the United States will lose billions of dollars in charitable donations. But there is little hard data to support the claim.
An Andy Warhol canvas led Christie's $412.3 million sale in New York, signalling a shift in tastes to midcentury and contemporay American work.
Sotheby’s contemporary art sale had total sales of $375 million, shattering the old record of $362 million set in May 2008, before the financial world collapsed.