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
Documents leaked by a Panamanian law firm reveal shocking findings of corruption and tax avoidance, Vox reports.
Want famous neighbors at one of New York City's most expensive addresses? For $15 million, this may be your chance.
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.
Jeff Franklin's home features a glass bedroom, a garage that turns into a disco and a shower with retractable glass walls.
Millionaires are leaving Europe because of rising religious tension and concerns about the sluggish economy, a wealth analysis expert said.
The diamond, which is being auctioned off by Christie's, could set a new record for a blue stone.
Malaysia's Prime Minister Najib spent as much as $15 million on luxury items, according to bank-transfer data from a Malaysian probe, The WSJ reported.
With two weeks left to play in his stellar NBA career, Kobe Bryant reflects on the importance of dreaming big.
Louis M. Bacon's charitable foundation was a victim of a fraudulent scheme by Andrew Caspersen, reports the New York Times.
Alexis DeJoria, daughter of billionaire-entrepreneur John Paul DeJoria, is a three-time National Hot Rod Association winner.
The 488 GTB was recently named Car of the Year by Robb Report magazine. But what's it like to sit behind the wheel?
Golfing can get pretty pricey, and the super rich know how to make it even more over the top.
Becoming a billionaire was no walk in the park for Tilman J. Fertitta. But here is the one mistake he never made.
The Hamptons, a playground for the wealthy, is distinct from other real estate markets in the country.
JetSmarter is now letting members when certain celebrities will be on a flight, allowing them to share the ride.
With luxury automobiles once again racing into the No. 1 slot among collectibles last year, will the industry be able to repeat success?
Once upon a time, the CEOs of America's biggest companies like Warren Buffett and Jeff Bezos were just college kids too.
Rising numbers of female millionaires and billionaires around the world may help drive a rise in luxury health and wellness holidays.
In two years, millennial brothers Zachary and Cody Vichinsky have become major players in the Hamptons luxury real estate market.
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.