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
The wine cellar of legendary restaurant elBulli will be sold in two auctions at Sotheby's next Spring in New York and Hong Kong.
The race to beat the "dividend cliff" is on – and it's generating some big pay-days for CEOs and company founders. Special dividends will total more than $22 billion this quarter.
The U.S. millionaire population will fall by 315,000 if the fiscal cliff is not averted.
A new study showed that financial services produced more multi-millionaires than any other industry in 2011.
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.
A new survey that shows that millionaires are far more dog-friendly than the rest of Americans.
Billionaire Warren Buffett said that killing the charitable deduction would not change his giving.
The gap between a "low-luxe" mini-size import and a loaded American sedan is getting smaller, and Detroit is betting you'll soon choose more room for a lower price.
San Jose, Calif. and Houston recorded the fastest percentage growth in the number of millionaires among the top 10 Metro areas.
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.
An analysis by agent Scott Boras's office shows that a $10 million-a-year player traded from Florida to the Toronto Blue Jays could face a tax hike of $800,000.
A survey from Spectrem Group showed that 83 percent of millionaires do not plan to go shopping at all on Black Friday.
This mansion has a $25 million price tag, which would make it the most expensive ever to sell in Brooklyn--by far.
In the private equity industry, returns are down and fund-raising is trying. Such challenges did not deter industry titan David Bonderman from holding a 70th birthday party for himself and about 700 of his closest friends in Las Vegas.
Nowhere is the impact of foreign riches more noticeable than at Lamborghini Miami, one of the nation’s largest sellers of super-cars.