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From China woes to a shift in consumer tastes; the raft of headwinds weighing on luxury means the sector may be forced to embrace a new normal.
A new survey of more than 800 millionaires around the world ranked the Bellagio the No. 1 hotel in the world among millionaires.
Steve Wynn has just tossed a verbal grenade into the class wars.
A chair used by author J.K. Rowling when she penned the first two spellbinding tales of the “Harry Potter” series, has sold for $394,000.
Austin, Texas, was the country's No. 1 city last year for growth in sales of homes priced at $1 million or more, according to a report.
Hedge fund billionaire David Tepper officially changed his tax residency and his corporate headquarters from New Jersey to Florida.
Buyers of a special edition Bentley received a matching watch, and went on a spine-tingling ride with the Breitling aerobatic jet team.
Wealthy Americans continue to be the most generous when it comes to donations, according to the latest BNP Paribas Philanthropy Index.
For the super rich, lingerie doesn't come from a store or website. Instead, the company comes to you.
CNBC's Robert Frank looks at the state of off-shore accounts by the world's billionaires in the wake of the the Panama Papers leak.
Last summer, optimism drove luxury sales and rentals in the Hamptons. This year? You can sum it up in one word: Fear.
Reports of the demise of luxury real estate in Manhattan may have been greatly exaggerated — or perhaps just early.
A letter written by Harper Lee that saw the novelist criticize one of Donald Trump’s casinos in the 1990s, has sold for almost $4,000.
Jeff Franklin's home features a glass bedroom, a garage that turns into a disco and a shower with retractable glass walls.
The diamond, which is being auctioned off by Christie's, could set a new record for a blue stone.
Millionaires are leaving Europe because of rising religious tension and concerns about the sluggish economy, a wealth analysis expert said.
Microsoft co-founder Bill Gates made the rounds on Twitter Tuesday after he shared a photo of himself performing a popular dance move.
Andrew Caspersen's fraud arrest comes 6 1/2 years after his dad Finn killed himself amid a reported tax evasion probe.
The 488 GTB was recently named Car of the Year by Robb Report magazine. But what's it like to sit behind the wheel?
Alexis DeJoria, daughter of billionaire-entrepreneur John Paul DeJoria, is a three-time National Hot Rod Association winner.
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