In a move that could frustrate some owners and collectors, Ferrari said that it plans to increase production by 30 percent by 2019.» Read More
As China’s love for extravagant goods appears to be dwindling, luxury brands may want to look into other emerging cities, research suggests.
The divorce trial of billionaire hedge-funder Kenneth Griffin and Anne Dias has begun in a Chicago courtroom.
Over the last two years, Ken Griffin, the billionaire chief executive of the investment firm Citadel, has gone on a multicity real estate shopping spree.
More than a century after the sinking of the Titanic, three artifacts from the ship are slated to be auctioned by Lion Heart Autographs on Wednesday.
Jonathan Papelbon received a four-game suspension for assaulting Bryce Harper. But the pitcher's field performance is more of a concern for the team.
One of the first dollar-denominated coins ever produced in the country is expected to fetch up to $5 million.
While he's selling it as a boon for the middle class, the biggest gains would likely flow to the wealthy.
Attendance at New York Yankees games this year has been very low. Where did they all go?
As Pope Francis arrives in the U.S. for a six-day visit, Catholic churches across the country have high hopes that his stopover will reinvigorate and offer fresh inspiration and spiritual guidance to their congregations.
Asia & luxury once slotted together as well as Cinderella and the glass slipper, but as China’s economic situation deteriorated, is this still true?
High Net Worth investors tend to have less interest in the short term, but even they are feeling unnerved in the current volatile climate.
An Idaho ranch owned by former Lehman CEO Dick Fuld sold for more than $20 million, becoming the most expensive property ever sold at auction.
Ken Griffin's $200 million purchase is believed to be the most expensive single residential real estate deal in U.S. history.
To set the world record price for a diamond put to auction, Blue Moon must sell for more than $46.2 million.
Swiss workers get paid more than any other employees in the world, following the Swiss central bank's drastic currency intervention this year.
Asia's rich, already numbering more than any other region, are set to tot up a higher net worth than North America's wealthy by year-end.
CNBC's Robert Frank reports there are at least 20 homes in the U.S. priced at $100 million or more, but few are selling. Bravo's Million Dollar Listing San Francisco star Justin Fichelson, provides perspective.
The top 10 schools for ultrahigh net worth alums account for 5 percent of the world's 211,275 people worth $30 million or more.
Homes listed for $100 million or more are piling up fast, but sales have ground to a halt.
CNBC's Robert Frank reports a number of $100 million homes have come on the market recently but few are selling and some are dropping the asking price.