Record highs for stocks don't mean millionaires are more bullish. A new survey says stocks and the economy are likely to grind higher. » Read More
By: Erynn Beaton, Maureen A. Scully & Sandra Rothenberg
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
In two years, millennial brothers Zachary and Cody Vichinsky have become major players in the Hamptons luxury real estate market.
Justin Bieber canceled all VIP meet-and-greet sessions for the remainder of his Purpose Tour, a perk that can cost up to $2,000 a person.
Luxury fashion designer, Giorgio Armani, has taken a stand against animal cruelty by pledging to end its relationship with fur.
From a gold-plated chopper to a gilded casket, here are eight crazy ways millionaires and billionaires are using the precious metal.
For billionaire biz owner Tilman J. Fertitta, having a business that's 95 percent perfect won't do. Here's how to fix that 5 percent.
The car that was used by Pope Francis during his visit to the U.S. last September could now be yours—through an auction.
For all the criticism Donald Trump gets for bankruptcies and some notorious business ideas, he's had many big business wins over the years.
The Chicago-born CEO of a Welsh insurance company is giving £1,000 ($1,445) to each of his employees as a parting gift when he leaves his role in May.
More hedge funds folded in 2015 than at any time since the financial crisis, dragged down by turbulent markets, reports the Financial Times.
Tiffany's sales fell 5.6 percent as a strong dollar hurt tourist spending at its stores in the United States and ate into revenue from other markets.
With high-end retailers under pressure, those brands that cater to "aspirational" consumers are starting to gain steam.
Wealthy Iranians, companies and state-backed buyers will spend up to $8.5 billion on overseas real estate over the next five-to-10 years following the lifting of sanctions, a report has said.
Dreams of lengthy cruises and beach life may be just that, with 20 of the world’s biggest countries facing a pension shortfall worth $78 trillion, Citi said in a report sent on Wednesday.
From a two-continent joy ride to racing a $52 million Ferrari uninsured, here are eight ways to drive like a millionaire.
A few coveted Ferraris helped offset weakness in other models at a classic cars auction at Amelia Island, Fla., over the weekend.
Looking for a luxury house in Las Vegas? You're in luck. Mike Tyson's house has been listed for $1.5 million.
Two hedge funds that launched a boardroom fight with United oppose plans to give its CEO the role of chairman and have concerns about his pay.
Jerry Seinfeld faced a tough crowd while putting up 18 of his prized cars for auction Friday.
Former NBA stars Charles Barkley and Grant Hill share with CNBC mistakes they learned early on in handling big paychecks.
The co-founder of Planetary Resources reveals plans to harvest the cosmos for resources humanity needs — water, precious metals and diamonds.
Here are the key questions you should ask yourself if you're considering an early retirement.
There are dangers in 401(k) rollovers, especially for early retirees, but mistakes can be avoided with careful planning.
The 30-year fixed-rate mortgage is the most common way to attain homeownership. But don't assume it's your best bet.