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.» Read More
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.
A new report says America’s millionaire population declined last year for the first time since the 2008 crisis.
From $16 million log mansions in Aspen to $90 million Manhattan penthouses, high-end real estate is defying the broader real-estate slump.
Graff Diamonds has pulled its planned $1 billion Hong Kong IPO less than two days before its deadline – the latest sign of weakness in global equity markets.
Shares of Facebook fell below $29 yesterday for the first time, and the company's co-founder and CEO saw his fortune sink to the $15 billion range.
Millionaires are still rare in Poland, but luxe goods are no longer a rare sight in Warsaw's shops and streets.
As Asia cools and Europe’s middling wealthy hunker down, the super-rich are expected to be the prime movers in the market for luxury goods.
New York State takes 40 percent of its tax revenues on its One Percent, whose own incomes depend on a volatile stock market.
Whether it’s wealthy French or Americans fleeing the prospect of higher taxes or wealthy Russians and Chinese trying to escape political uncertainty, millionaires and billionaires around the world are migrating like never before, according to government statistics and relocation experts.
People who made fortunes in profitable industries define success in the winemaking business as breaking even.
According to Forbes, only 8.5 percent of the world’s 1,226 billionaires are women. Why aren't there more?
Willis "Wink" Hartman, a millionaire Kansas oilman and serial philanthropist, helped turn an Indy racing team around.
Sen. Chuck Schumer's disapproval of Eduardo Saverin's move to Singapore has led several commentators and pundits to praise Saverin for taking a stand against the U.S. tax code.
A recent survey of 2,800 millionaires across the region, conducted by Scorpio Partnership, a global wealth-management consultancy, shows that high net worth individuals, especially those living in India and Indonesia, are the happiest, and most optimistic about growing their fortune.
Whether shipping magnates or oligarchs of oil, gas, media and banking, wealthy Greeks are mainly keeping their heads down.
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According to Australia's BRW magazine, mining magnate Gina Rinehart’s net worth is now $28.5 billion. That tops WalMart heiress Christy Walton’s $26 billion pile.
In China, more than 2,800 women gathered to meet, and possibly marry, a group of 11 men purportedly worth a billion yuan.
While Mark Zuckerberg’s daily wealth gyrations may be new, the phenomena of sudden wealth loss is not. It is now part of the world of wealth, where a growing number of personal fortunes are made and lost in the volatile stock market.
The majority of the world’s art that is not on display, either in museums or private residences, is stored in a small number of tax-free ports across the globe, mainly in Switzerland.