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
Mark Zuckerberg is in position to overtake Jeff Bezos as the world's fifth richest person.
A super yacht belonging to Microsoft co-founder Paul Allen has been blamed for destroying a large area of protected coral reef in the Cayman Islands.
Didn't enjoy your Christmas? Jeff Bezos just lost $7 billion on his.
Mansion prices show no signs of slowing in the Hamptons, Beverly Hills and Aspen, suggesting the market panic has yet to spread to top trophy homes.
Based on an analysis of SEC filings and her own announcements, Oprah Winfrey has made $2.4 million per lost pound.
Subsidies are available to people with low or moderate income, and aren't tied to net worth.
Fans of Orson Welles' famous "War of the Worlds" broadcast can now snatch up a piece of radio history... for $20,000.
For many hedge fund managers, 2015 was a year they would rather forget, clocking up their worst annual return since 2011.
If Michael Bloomberg were to face off against Donald Trump, it would hardly be a competition — at least when it comes to net worth.
The New England Patriots have the most even payroll in the NFL. Can that help them win another Super Bowl?
A 24-year-old artist has been charting stocks' price movements and turning them into paintings.
Demand for high-end homes in Singapore remains firm despite levying of duties aimed to cool the once-runaway market, according to one local developer.
Millionaire density tends to be higher in smaller states or near to big centers of wealth creation.
Gooding & Co. will be auctioning off three of Jerry Seinfeld's Porsches at its Amelia Island Auction on March 11.
Warren Buffett is having a VERY bad day.
Facebook COO Sheryl Sandberg has donated 290,000 shares of Facebook stock to a myriad of different charities.
The California Lottery said winning tickets for the $1.5B Powerball jackpot were sold in California, Florida and Tennessee.
New federal rules aimed at combating money laundering could create another headwind for the luxury real estate market.
The tech billionaire announced he has started a $100 million philanthropic fund for kids' education.
With a $1.5B prize up for grabs, it pays to be very careful when setting up an office Powerball pool.
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.