Hermes’ iconic Birkin Bag may not have its name for much longer, as the inspiration behind the handbag has demanded some dramatic changes.» Read More
Luca Cordero di Montezemolo will step down as chairman of Ferrari, and will be replaced by Sergio Marchionne, who also serves as CEO of Fiat.
Shares in luxury watchmakers lost their shine on Wednesday after Apple released its hotly-anticipated smartwatch.
Today's globe-trotting rich are more likely to want pied-à-terres as second homes, which means you may not guess where the new 2nd-home hot spot is.
The home, believed to now be America's most expensive public listing, has set a new high-water mark for real estate.
The widening gap between the wealthy and the rest of America during the recovery can largely be explained in one word: stocks.
Cheryl Shuman hopes to change public perception about marijuana use and is asking high-net-worth circles to fund her efforts.
The widening gap between America's wealthiest and its middle and lower classes is "unsustainable," according to a Harvard Business School study.
America's millionaire population hasn't grown significantly in 10 years, according to new data, suggesting those at the top aren't benefiting from the recovery.
This multimillion-dollar midcentury Beverly Hills, California, megahome built by a famed architect is now for sale.
Once seen as symbols of the American dream, today's wealthy political candidates are trying desperately to deny their wealth to win over voters.
Prenups are supposed to be the ultimate divorce insurance for the wealthy. Yet like insurance, they're often challenged when there's a claim.
It's one of a kind. Take a peek inside this Knightsbridge penthouse that rents for $99,000 a week.
New data from Trulia show that private school enrollment is highest in the wealthier states as well as in states with strongly religious populations.
One company is putting the bling into university travel by offering a $41,500 deal to students wanting to arrive by private jet.
Some of Hollywood's "A-list" celebrities have spent a night, or two, at this Mediterranean mansion. Take a look at some of the luxuries it offers.
Vinod Khosla, a green energy billionaire with ties to President Obama, is fighting surfers over access to a beach south of San Francisco. NBC reports.
Babolat's Play, a smart racket that tracks a tennis player's performance, may take the tennis tech battle to a whole new level.
Wealthy investors have grown more pessimistic about the economy this summer, with many citing crises in the Middle East and Ukraine as potential hazards, a survey finds.
A widely watched lawsuit between a billionaire and top art tycoon has expanded to include one of the most secretive and powerful families in the art world.
Lining London's famous street of tailors – Savile Row - are businesses looking to tap the growing appetite for luxury suits in China.
Many advisors steer clients to municipal bonds as safe, tax-smart investments, but they can carry some unforeseen risks.
Geri Pell, CEO of Pell Wealth Partners, explains portfolio hedging, a means of reducing risk exposure in investments.
Recency bias, thinking trends recently observed will continue, leads investors to make poor decisions in the long term.