Five-star hotels and luxury tour operators are trying new gambits to lure in the growing pool of female million- and billionaires. » Read More
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.
Indian farm machinery maker Mahindra and Mahindra is a possible investor in Aston Martin, whose iconic British sports cars are favoured by 007.
Warren Buffett's proposal for a "minimum tax on the wealthy" presumes that the rich pay a lower rate than the rest of America. But data shows that they don't.
From piracy to fly fishing, the activities driving new trends in property buying are as wide-ranging as the buyers themselves.
New IRS data show that those making between $1.5 million and $2 million pay the highest average tax rates in the country.
A survey from Spectrem Group showed that 83 percent of millionaires do not plan to go shopping at all on Black Friday.
Nowhere is the impact of foreign riches more noticeable than at Lamborghini Miami, one of the nation’s largest sellers of super-cars.
Russians are spending hundreds of millions of dollars on waterfront palaces in Miami, launching the next big land grab by the world's super-rich.
A Ferrari F12 Berlinetta sold for $1.125 million over the weekend, with the proceeds going to Hurricane Sandy charity.
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.
John McAfee, now wanted for questioning in a murder in Belize, moved to the country to escape U.S. regulations and the "materialism" of the American wealth culture.
In the wake of Sandy, the election and the Dow's fall, the fall auction season began with a sale that could generously be described as “subdued.”
Millionaires candidates who used their own money to run were roundly rejected by voters last night, and the majority were targeted during the campaign for their wealth.
While not a record for self-financed campaigns, the $90 million former pro wrestling executive Linda McMahon spent on her two failed Senate bids could have bought her plenty of luxury.
Wealthy candidates are hoping they don't see a repeat of 2010, when millionaire office-seekers were roundly defeated.
Asset protection isn't only for the well-off. Anyone with a nice home and a couple of cars should consider taking a few simple steps.
Companies have given millions to the Sandy cause. But so far, big charity checks from the rich remain scarce.
The owner of a private bridge in Michigan is spending millions to block a new government-funded bridge nearby. When do the wealthy have too much political influence?