Most rich people who try to narrow inequality turn to philanthropy. But philanthropy won't fix inequality, Conversation reports. » Read More
By: Robert Frank
Seattle passed a new income tax on households earning more than $500,000, prompting the state's Republicans to revolt. » Read More
By: Luke Graham
Oil prices are likely to be stuck within a range of $40 to $60 for the next year or more, according to U.K.-based wealth manager Coutts. » Read More
Sick of your multimillion-dollar home? You could tear it down, as hedge fund manager Steve Cohen did, according to the NY Post.
U.S. billionaires have better reputations than their counterparts around the world, and that’s helping Trump, says author and Morgan Stanley strategist.
Regulatory change and evolving technologies are changing the ways investors access investment products and get financial advice.
There are man caves and then there are the MAN CAVES of the super rich.
That price was well over Christie's estimate of $194,000 to $259,000.
The popularity of mobile apps may be waning overseas but they remain relevant in India, the CEO of an Indian messaging app provider told CNBC on Tuesday.
CNBC held a "race to the Hamptons," pitting a Blade helicopter against an Uber XL.
Gawker's Nick Denton tells CNBC that venture capitalist Peter Thiel's attack on the site shows "the power of the billionaire class."
The first four Folios of William Shakespeare's "collected works" have sold for £2.479 million at Christie's in London.
CNBC's Robert Frank reports Friday marks the start of the mass migration to the Hamptons in Long Island. And CNBC's Kate Rogers takes a look at how the annual ritual has been transformed by new on-demand travel, specifically Blade, the "uber of helicopters."
Meatball Shop's Daniel Holzman and Michael Chernow built an empire on a simple dish. Now, their restaurants cook up more than $21 million a year.
If a Gulfstream V jet mated with a cargo van, their offspring would probably look something like Becker Automotive Design's "Jet Van."
America's wealthy may have more in common with you than you think.
Children of wealthy families are prone to high levels of narcissism, which can make them less effective leaders, a new study has found.
"I believe in buying at least two of everything I can afford. I always open one," Mahesh Patel says of his whiskey collection.
After the Koch brothers denied they had backed the Libertarian Party presidential candidate, questions remain about big dollar support for the party.
The share of million-dollar homes has nearly doubled in the last four years, according to Trulia. Check out the growth in these cities.
A 14.6-carat blue diamond auctioned at a Christie's in Geneva for $57.5 million, becoming the most expensive diamond ever auctioned.
Most of the American addresses released in the Panama Papers are personal residences in high-income ZIP codes.
Millionaires do not like what they see in the stock market and economy. Their investing outlook shows more fear than confidence.
The 30-year fixed-rate mortgage is the most common way to attain homeownership. But don't assume it's your best bet.
Making your money last through retirement used to be easy. Now it's one of the biggest challenges this generation faces.
Although advisors caution against their use, annuities can be the best option for a portion of retirement savings.