Children of wealthy families are prone to high levels of narcissism, which can make them less effective leaders, a new study has found. » Read More
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.
As part of its "Driven by Disruption" sale in December, RM Sotheby's is selling Joplin's colorfully painted 1965 Porsche 356C Cabriolet.
A birthday cake loaded with diamonds and hand-sculpted fondant just smashed the record for the most expensive dessert.
Hong Kong’s wealthiest citizens face some tricky investment decisions, as the slowdown in China’s economy and the crash in the Shanghai stock market hits the appeal of investing close to home.
Commissioner Goodell is not the only NFL executive who will be absent from this year's season opener between the Steelers and the Patriots.
Wednesday is a big day for the British Monarchy, as this is when Queen Elizabeth II becomes the longest-reigning monarch in British history.
To avoid selling Alibaba shares, executives expand their personal portfolios through a margin loan, sources tell Bloomberg.
U.S. Open ticket prices have skyrocketed this year, thanks in large part to Serena Williams' shot at the first grand slam sweep since 1988.
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.
A small survey suggests that China's economic slowdown and stock market gyrations are likely to spur more of its wealthy to put money overseas.
A report from U.K. news site the Mirror estimates Bono's private equity firm grossed more from investing in Facebook than the singer earned in his musical career.
"West Texas Investors Club's" self-made millionaires Rooster and Butch aren't too keen about an emotional entrepreneur.
The tennis player has already sold out two production runs of watches made in his honor.
'When I travel I don't pack clothes. I only pack Benjamins,' boxing champ Floyd "Money" Mayweather said on Monday.
Markus Persson bemoaned the loneliness, isolation and lack of motivation that large wealth can create.
IndyCar legends Mario Andretti and Roger Penske along with second-generation racer Graham Rahal offer thoughts on new auto technologies.
If investors feel a little jaded by the rumblings in financial markets, then "passion" investments like classic cars and fine art may be worth a second look.