Wealth Inside Wealth


  • One 57 Manhattan

    High-end New York brokers were asked: If your client were spending $30 million or more, what five apartments would you show them?

  • last_will_testament.jpg

    Financially speaking, 2010 was a pretty good year to enter the next life if you were wealthy. There was no estate tax, so heirs inherited their dad or mom’s fortune without paying the usual 35 percent or more in estate taxes. Next year, however, could be different.

  • Take a finely crafted object, add exceptional provenance and the passion of collectors with means and passion—the likes of Microsoft co-founder Paul Allen and actors Richard Gere and Steven Seagal. What do you get? Some of the world’s most expensive electric guitars.Like most collectibles, vintage guitars have lost value since the financial crisis. At an auction this weekend of guitars and equipment that belonged to late legendary guitar innovator Les Paul, the top estimate for a signed 1968 Gib

    Click ahead to see the vintage guitar with the deepest cred —and some of the highest prices paid by enthusiasts.

  • Child with money

    A new study finds that a top concern for both wealth parents and their kids was the impact of wealth on their relationships.

  • Two women look at a jewelry display in a luxury shopping mall in Shanghai. Following in the footsteps of Japan, China has become the world's second-largest consumer of high-end fashion, accessories and luxury goods.

    Economic growth in China has created a voracious appetite for luxury goods. Now wealthy shoppers there are shunning labels they see as tainted by the common touch.

  • gucci-facebook-200.jpg

    In the luxury business, Burberry has highest number of Facebook fans, at 12.6 million. Gucci comes in second, with 7.8 million.

  • An IRS report on the top 400 earners in America – known as the Fortunate 400 – found that their incomes fell 41 percent between 2007 and 2009. Their effective tax rate also climbed to 19.9 percent.

  • The Pod Hotel in Midtown Manhattan features 345 minimalistic rooms, single and double. Managers claim the hotel has been such a success - with an average 93 percent occupancy rate in 2010 - that a second Pod is set to open up near Grand Central Station in 2012.

    New York hoteliers have begun offering tiny yet thoughtfully designed accommodations in the “affordable luxury” segment for around $200 a night.

  • Gamings-Richest-cover.jpg

    Sales in the videogame industry have been declining for more than three years, but it's still a field that's creating high-net-worth individuals at a rapid clip.

  • One Hyde Park, the world's most expensive apartments, designed by Richard Rogers, opened in 2011, London.

    Britain may be in recession, but business is booming for many high-end real estate agents London’s most expensive neighborhoods as the affluent move money into hard assets valued in something other than euros.

  • Britain's Queen Elizabeth II waves as she leaves St Paul's Cathedral after a national service of thanksgiving for the Queen’s Diamond Jubilee at in London on June 5, 2012.

    A study shows that the British Royal family is worth around $870 million.

  • Hala Ranch

    The lavish property, sold by Saudi Prince Bandar bin Sultan, was once the most expensive estate ever listed in the U.S., with a price tag in 2006 of $135 million.

  • Lexus ES sedan

    Carmakers are paying more attention to rear-seat comfort to please Boomers, who want to impress friends on the way to dinner or a night out.

  • portfolio_chart_glasses_200.jpg

    Wealthy investors are shying away from U.S. stocks and putting more money into private companies, real-estate and commodities, according to a new study.

  • Mark Zuckerberg

    The Facebook billionaire raised Romans' ire when he failed to leave a tip at a posh restaurant.  But do Italians have different rules for Americans?

  • businessman-surrounded-by-floating-money-200.jpg

    After two consecutive months of positive improvement, optimism of America’s wealthiest has dipped due to continued concerns about the economy and the job market.


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