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.» Read More
The latest polls shows that Gov. Brown's Nov. 6 ballot measure, known as Proposition 30, is on the ropes, thanks in part to more than $50 million one family has spent to defeat it.
New York's Department of Buildings is asking for more information on the luxury tower that's seeking tax breaks aimed at low-income housing.
Seeking to avoid more division over his wealth tax hike, the French president moved to squelch a legislative amendment that would extend the tax to art assets.
Mark Cuban said that CEOs shouldm't tell employees how to vote in a seeming reference to Westgate CEO David Siegel's email to employees.
A new survey shows that multi-millionaires use advisers for only half of their money, or less.
Big fashion brands are fretting over whether to offer their wares on Amazon as its move into clothing forces them to decide if the website is a lucrative new sales channel or a threat to their prestige
The billionaire buyers of $90 million apartments at the One57 tower in Manhattan will be saving more than $180,000 a year due to tax breaks aimed at low-income housing.
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If President Obama is re-elected and raises taxes, Westgate Resort's David Siegel says he will have to lay off workers and downsize his company — or even shut it down.
Luxury sales in China may slow, as the handbag bingers cut back and China's millionaires become over-extended.
In a poll by HSBC, rich retirees ranked taxes far below weather and family considerations when choosing where to spend their old age.
Mitt Romney and the U.K.'s Prime Minister both say the wealthy will pay their fair share. but neither is saying how.
The only American designer of Hermes scarves is a postal worker in Waco, Tex.
Mark Pincus has lost $1 billion in paper wealth over the past seven months -- or about $4 million a day, or $200,000 an hour.
The cost of keeping up with the Joneses wedding, naturally, is rising. Click to see the most exclusive spots to take the plunge.
The private jet industry is rapidly reinventing itself to adapt to falling demand among the super wealthy, bringing the price of flying private to record lows.
What does Larry Ellison do with all those mansions — and what's he going to do with that $500,000 Hawaiian island? And why does he need a $4 billion line of credit? The Oracle CEO spoke about his curious spending habits in an exclusive interview with CNBC's Maria Bartiromo.
A new study shows that blue states have three quarters of the nation's population worth $30 million or more.
Countries around the world are raising taxes on the rich. But to sell them to voters, they're coming up with clever names.
Tax experts say the planned 75 percent tax rate on France's rich will bring in less than hoped, but still may convince the wealthy to relocate beyond the country's borders.