A double-sided painting by Spanish artist Pablo Picasso will be sold at a Sotheby’s auction and is expected to fetch at least $60 million.» Read More
From Blue Ivy's $5,200 crystal bathtub to Lady Gaga's $50,000 ghost-detecting machines check out some of the extravagant purchases made by celebrities.
As the political struggle continues, Hong Kong's tycoons have maintained a studied silence on the outcome. The New York Times reports.
Millionaires were more generous with their charitable giving last year. But their giving didn't grow as fast as their incomes, a new study found.
The overall transaction value of luxury homes in prime central London locations has fallen by over 20 percent, according to a U.K. estate agent.
A star-spangled chopper ridden by Peter Fonda in the film “Easy Rider” sold for $1.35 million, making it one of the most expensive motorcycles ever sold.
Boeing Business Jets said orders for its giant commercial jets that are converted into use for private travel have hit the double digits.
Mark Ellwood of CNBC’s “The Filthy Rich Guide” weighs in on Hong Kong tycoon Stephen Hung’s order of 30 Rolls-Royce Phantoms for his Macau hotel.
The corporate jet is increasingly being used to fly further, and that means new types of aircraft like Bombardier's Global 7000 are more in demand.
The actress who helped make "Three's Company" a television mega-hit has reinvented herself into a successful entrepreneur.
If you think wealth inequality in the U.S. is bad, consider Russia.
Secluded on its own private peninsula, Salt Acres Ocean Estate is the ultimate New England manor.
The market's free-fall has shaved billions from the wealthy, showing just how exposed today's rich have become to wild market swings.
In Utah, New Mexico, Maine or Delaware, $1 billion would make you the richest person in the state. A look at who makes the cut.
Australia and Japan have taken steps to lure wealthy Chinese, in a bid to spur investment and strengthen ties with China.
Flying business class from Asia to London or New York is expensive, but a new index highlights large differences in the cost of buying a ticket in different Asian cities.
The world's millionaire population will leapfrog to 53 million from 35 million over the next five years, according to Credit Suisse.
Affluent shoppers have been the fuel for the consumer recovery since 2009. But now, they may be putting away their big wallets.
Patek Philippe's Grandmaster Chime timepiece is the most expensive and complicated wristwatch the company has ever built.
The world is getting richer as global wealth surged to 20 percent above its pre-crisis peak in 2007, according to new research by Credit Suisse.
A look at some of the most eye-catching Ferraris from the "Race Through the Decades" exhibit.
Advisors caution clients with a financial windfall to avoid overspending, set realistic goals and invest wisely.
Philanthropy is entering a new age, with new models being tried and past innovations getting field-tested and disseminated.
In case you've been procrastinating, here's a year-end checklist to get through before heading to your New Year's Eve party.