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.» Read More
The freshly minted tech millionaires and billionaires of Silicon Valley, including those benefitting from Facebook’s IPO today, are selling stock earlier and in larger numbers than previous generations of tech tycoons.
London prices have risen 45 per cent over the past three years, compared to only 15 per cent in Geneva, 17 per cent in Paris and 10 per cent in New York, making London ever more expensive (and desirable) than its western peers.
New studies show that the wealthy are pulling back from stocks and stashing more of their money into real-estate, art and even diamonds.
Facebook is expected to be one of the largest one-time wealth-creation events in history. All that new wealth is also expected to generate millions, if not billions, in tax revenues for California. But can Facebook’s Wealth Effect rescue California from its latest budget crisis?
In these tough market conditions, it could be said that no private jet model is 100 per cent safe. But this has not stopped new types of private jet travel emerging.
Investing in restaurants has a bad name. But plenty of people find ways to run restaurants profitably and make a good deal of money from the enterprise.
Many wealthy homeowners consider their household help members of the family, and don’t think about their constant presence as a wage, discrimination or harrassment suit waiting to happen.
Reaching for the American dream? Your best chances are probably in New York, New Jersey or Maryland, the New York Times reports.
Real estate prices dipped this year because of reduced mortgage availability and market inertia caused by heavy regulation.
Horse racing is probably the passion investment most fraught with risk and emotions. With the elation of a big victory come the dreams of high breeding fees, and smart owners know that the price paid for a horse has nothing to do with its fate.
Short term rentals in private homes is a big business for Louisville residents on Derby day.
The two groups donate substantially, and look to support for non-profits that are as inventive and different as they are.
Getting away from it all gets harder and harder, as cell phones and 4G devices keep us tapped into our lives. These 10 getaways take up that challenge, spiriting you away from worldly cares.
The following is a list the most expensive of the sporting events that had the most expensive luxury box suites, from baseball to basketball to football and more.
CNBC's "Power Lunch" team assembled a gallery of the best known art collectors from the financial world. Click ahead to see who made the list.
Wall Street isn’t normally the place to go to talk about fine art, but Sotheby’s big spring art sale in New York has financial players buzzing about blockbuster paintings being offered and possibly bought by some of their own.
The invasion of the super-rich has a social impact, diluting what is referred to as the “civic” quality of the cities they have adopted as their playgrounds.
Investing in a movie seems a risky proposition. But movies can be more than glamorous: for a serious investor there are many ways to make money in films that have little to do with box-office success.
The White House Correspondents Association dinner guest list includes just six people who could be said to be in business, out of more than 120 known guests. Of those, at least three have reasons to be invited other than their business acumen.
Check out the 10 richest counties in America, according to the Average Income by County report from the Census Bureau, which includes the average annual household income from 2006-2010.