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
While real estate in much of the country is hitting a slow patch, luxury home sales in Silicon Valley are soaring nearly as fast as Facebook stock.
Trouble in the streets could disrupt a big series of art and collectible auctions in Hong Kong over the next few weeks.
At $50 million, the cost of this spa-like palace may take your breath away, but remember that the air in this place is super-purified.
If you happen to get trapped in the trunk of a car, hope that it's not a Ferrari 458. More than 3,000 of them are being recalled for faulty escape latches.
Is the "pied-a-terre" tax a perfect proposal for rich foreigners, who can't lash back at politicians at the ballot? Not so fast, say real estate developers.
A triplex apartment at 520 Park Ave.—which is under construction—will be listed for $130 million when it comes on the market, making it New York's most expensive listing.
Apple's $3-billion acquisition of Beats earlier this year helped co-founder Dr. Dre jump to the top of Forbes' Hip-Hop Cash Kings list.
Resentment over wealthy foreigners buying up real estate has created new calls for a "mansion tax" in the U.K., but some warn it could hurt the property market.
London has trumped Hong Kong as the world’s most expensive city, according to a report from international estate agent Savills.
Billionaires are holding mountains of cash, offering the latest sign that the ultra-wealthy are nervous about putting more money into today's markets.
This Nashville estate is a true Southern belle. If the three-story elliptical staircase looks familiar, there's a good reason for that.
Dallas was the fastest-growing city in 2013 when it comes to new millionaires, according to a report from Capgemini and RBC Wealth Management.
Alibaba's IPO will unleash a flood of wealth for Jack Ma and Joseph Tsai, but unlike some other tech IPOs, the big money isn't being spread around the company.
The Chinese are interested in acquiring everything American, from companies to real estate, looking to protect their assets.
A tropical island in the Indian Ocean will go on sale on Wednesday, allowing punters to buy a piece of paradise for around $14 million.
The world economy is going through a rough patch, yet the world's billionaire population is at an all-time high.
Stephen Hung, a luxury hotel entrepreneur, ordered 30 Rolls-Royces—the largest single order ever of Rolls-Royces, according to the company.
Paul Allen is suing a company he said agreed to sell him a World War II German Panzer but failed to deliver it, according to a report in The Register.
Nearly half of Chinese millionaires plan to move out of the country in the next five years, according to a report.
A Manhattan mansion owned by an oil heiress who never lived there has sold for $42.5 million, according to the New York Daily News.
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.