Over the last two years, Ken Griffin, the billionaire chief executive of the investment firm Citadel, has gone on a multicity real estate shopping spree.» Read More
Car enthusiast Doug DeMuro has a few words for his fellow supercar owners: "You should let other people drive your car."
After being locked away on floppy disks for nearly three decades, works created by Andy Warhol on a Commodore Amiga computer in 1985 were recovered, the Andy Warhol Museum said.
When wealthy Russians shopped for assets in the West in the past decade, they usually looked for status. Now they're hunting for something else.
The average sale price for real estate in the Hamptons soared by 40 percent, to $1.7 million, in the first quarter.
Income inequality is growing and the rich keep getting richer. In 25 years a serial entrepreneur with grand visions may cross the wealth threshold.
The former country home of one of Hollywood's most famous actresses, Vivien Leigh, has hit the market for about $5.9 million, according to a report in the Daily Mail.
See whose children will have to earn their own money for Lamborghinis and summer mansions.
When you're spending six-figures on a luxury sports car, most people inspect it for marks, but for this 2002 Aston Martin Vanquish, the more marks the better.
Four Seasons has a new weapon in the luxury travel wars: its own Boeing 757.
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.
Before serving as an executor, educate yourself on the work involved and assess whether you're able to handle the job.
From the max you should spend on a mortgage to how long a bankruptcy stays on a credit report, test your money know-how.
If considering an art purchase, think of it as part of your portfolio, not an asset class that adds diversification.