A garage in London is set to be auctioned for $261,567 or more, as the escalation in real estate prices in the already expensive city continues.» Read More
Hong Kong's unrest may be prompting globe-trotting millionaires to locate to Singapore instead, as the cities each strive to be Asia's financial hub.
The appeal of $3.1 million-plus properties in London appear to be waning, with sales in the capital's most prestigious districts at a year-low.
The running shoes worn by Roger Bannister when he broke the four-minute mile were sold in London by Christie's for a six-figure sum on Thursday.
A vast trove of artworks valued at $500 million that belonged to the late billionaire collector A. Alfred Taubman is to go under the hammer at Sotheby's. The FT reports.
Real estate and property development companies cheered as the ruling Conservative party triumphed on Friday, news that put paid to fears of a “mansion tax.”
Wealthy foreigners are retreating from the ultra-luxury London property market, said estate agency Knight Frank.
Luxury home-buying in the Caribbean is bouncing back this year, with real estate agents citing the improved economic picture in the U.K. and U.S.
The $100 million sale seems to have become an annual rite of passage for the luxury real estate market following the financial crisis.
If your marriage is over, you’re a member of the jet set and earn less than your partner, London seems to be the place to get a generous settlement.
Lamborghini just unveiled the Huracan, a supercar that can reach a top speed of more than 202 mph.
The Facebook CEO is selling 41.4 million shares of Facebook worth around $2.3 billion. The company said "most" of the net proceeds will go to pay taxes.
The largesse of the Federal Reserve over the past five years has amounted to one of the largest ever subsidies to the American wealthy.
Warren Buffett gained more wealth than any other U.S. billionaire, adding $37 million a day, according to one study.
The rich are getting richer at a fast clip, led by the Oracle of Omaha, Warren Buffett, who earned $37 million a day this year, Wealth-X said.
The wealthy are handing out so much money to needy family members that they've earned a new nickname: "the family bank."
The world's millionaires and billionaires are seeking at-home teachers to help their children in the education race. For the tutors, it's a lucrative business.
If the Fed dials back next year, interest rates could drift higher. The wealthy, who hold most of the stocks, would bear the brunt of the hit.
Want to get rich? Invest in things that rich people buy—including $3,000 ski jackets. Moncler, the Milan-based maker of stylish puffy jackets is about to go public.
You could write off the mystery tipper as a novelty in the charity world, but the mega-tipper may, in fact, be part of a trend toward direct giving.
Marking his exit from his business empire, Norway's richest man, Olav Thon, gifted a charity a 71.9% stake of his company, valued at $1.3 billion.