The wealthy continued their buying spree of luxury homes in the second quarter, but there are signs that prices may be nearing a top.» Read More
The media have seized on a recent study that shows that a powerful "American elite" rules America. It's a scary finding. But a closer look suggests it's not that simple.
As Italy's new government promises much-needed reforms to invigorate the country's economy, experts have flagged one area in dire need of change.
If Miami real estate is a bubble, it's still inflating fast, with the average sales price for Miami real estate up 19 percent in the first quarter.
Ex-Man United boss Alex Ferguson is auctioning thousands of bottles of vintage wine worth around £3 million ($5 million).
There are only two ways sure-fire ways to reduce your chances of getting audited by the IRS: keep your taxes simple, and don't make a lot of money.Rich people don't have that choice, of course.
For most Americans, the tax increases passed in January 2013 look like ancient history. But for the wealthy, the bill for those changes is now coming due.
A 51-acre Greenwich, Conn., estate, known as Copper Beech Farm, sold for an eye-popping $120 million, the Greenwich Time reported.
This is the ninth year for the Woodford Reserve $1,000 Mint Julep, but each time the concoction features a different Derby-related theme.
A look at some of the most popular toys collected as investments, as well as some that, while popular, are losing propositions profit-wise.
Plans were revealed for Hilton Hotels' long-awaited Waldorf Astoria in Beverly Hills, Calif., which will be opened in 2017.
The Fleur de Lys, the Westside mansion that recently sold for a Southern California record-breaking price of $102 million, is on the market for long-term lease at $400,000 a month, according to a report in the Los Angeles Times.
Wealthy sunseekers looking for a holiday home will head to New York next month for the auction of the Bahamas' largest private island.
The 650S is the starter McLaren, priced at around $280,000—about a quarter of the price of its flagship P1 model.
A new study finds that the richer you are, the more likely you are to support paying higher tax rates.
National real estate brokerage Redfin put together a list of the top celebrity real estate sales of 2013.
With a little help from Francis Bacon, global art market sales last year rose to a record $64 billion, Sotheby's says.
David Hasselhoff, of "Knight Rider" and "Baywatch" fame, is set to auction his memorabilia, which spans decades in Hollywood.
A look at some tech billionaire's wealth offers a lesson in tech stock volatility.
A change in New York's estate tax contains a hidden wrinkle that could leave some multimillionaires with a much bigger surprise tax upon their death.
A rare Ming Dynasty cup dubbed the "Chicken cup" was sold to a collector for $36 million. It sets a new world record for Chinese porcelain.
Manisha Thakor of Buckingham and The BAM Alliance discusses how to gauge and manage comfort levels with investment risk.
Two surveys find a surprising number of Americans who are financially secure are literally worried sick about money.
Many put off retirement planning or think it's too late, but investors at any age can take steps to secure their futures.