The $100 million sale seems to have become an annual rite of passage for the luxury real estate market following the financial crisis.» Read More
Big fashion brands are fretting over whether to offer their wares on Amazon as its move into clothing forces them to decide if the website is a lucrative new sales channel or a threat to their prestige
The billionaire buyers of $90 million apartments at the One57 tower in Manhattan will be saving more than $180,000 a year due to tax breaks aimed at low-income housing.
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If President Obama is re-elected and raises taxes, Westgate Resort's David Siegel says he will have to lay off workers and downsize his company — or even shut it down.
Luxury sales in China may slow, as the handbag bingers cut back and China's millionaires become over-extended.
In a poll by HSBC, rich retirees ranked taxes far below weather and family considerations when choosing where to spend their old age.
Mitt Romney and the U.K.'s Prime Minister both say the wealthy will pay their fair share. but neither is saying how.
The only American designer of Hermes scarves is a postal worker in Waco, Tex.
Mark Pincus has lost $1 billion in paper wealth over the past seven months -- or about $4 million a day, or $200,000 an hour.
The cost of keeping up with the Joneses wedding, naturally, is rising. Click to see the most exclusive spots to take the plunge.
The private jet industry is rapidly reinventing itself to adapt to falling demand among the super wealthy, bringing the price of flying private to record lows.
What does Larry Ellison do with all those mansions — and what's he going to do with that $500,000 Hawaiian island? And why does he need a $4 billion line of credit? The Oracle CEO spoke about his curious spending habits in an exclusive interview with CNBC's Maria Bartiromo.
A new study shows that blue states have three quarters of the nation's population worth $30 million or more.
Countries around the world are raising taxes on the rich. But to sell them to voters, they're coming up with clever names.
Tax experts say the planned 75 percent tax rate on France's rich will bring in less than hoped, but still may convince the wealthy to relocate beyond the country's borders.
A new poll shows that in households worth $800,000 or more, the women favor Mitt Romney for president.
Wealthy Americans have a greater sense of security, and many of them are feeling cautiously optimistic about their financial situation in 2013, a new survey says.
Oracle chief Larry Ellison has pledged more than $4.2 billion in company stock for personal loans. Apparently, islands in Hawaii can get expensive.
Despite an economic chill, Singapore's real-estate developers continue to compete with luxury features.
What does it take to be cool like James Bond? The right clothing, accessories, and cars are a good start. See what accoutrements it takes to have Bond's sense of suave sophistication.