A Frida Kahlo painting has sold for just over $8 million at auction, a world auction record for the late Mexican artist. » Read More
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.
A classic 1957 Ferrari is set to become the most expensive car to sell at a European auction this Friday.
Take a look at what wealth advisers and their ultra-high-net-worth clients expect for the year ahead and how they plan to invest.
This is what you need to consider if you are dedicating your billions to philanthropy, the FT reports.
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.