The ultra-wealthy are allocating more of their money to equities and less to hedge funds and real estate, a survey found. » Read More
By: Robert Frank
Luxury watch king Richard Mille says the growth of the Apple Watch is no threat to his business. » Read More
By: Jessica Dickler
Incomes are rising for many American households, yet those gains are not shared equally across the board. » Read More
By: Ryan Browne
A Swiss financial watchdog has closed down providers of a “fake” cryptocurrency called E-Coin. » Read More
The Hurun Report says China now has the most billionaires despite the country's economic woes.
Of tax returns filed with a reported income of $1 million or more, 9.55 percent were audited or examined in 2015.
A toilet that costs about $40,000 has been built for the princess of Thailand for her Cambodia visit, according to The Guardian.
Maserati unveils the first official images of the Levante, a luxury SUV it plans to start selling this summer.
A replica of the president's pad, located just outside of Houston, is on the market for just under $6 million.
They are believed to be the highest prices ever paid for works of contemporary art, according to art experts.
The FBI is probing a bankrupt California wine seller that some customers claim was operating a multimillion-dollar Ponzi scheme.
It's Carl Icahn's 80th birthday. He's made an average of $581,793 each day he's been alive.
A virtually flawless diamond was discovered in Angola, weighing in at 404.2-carat. NBCNews reports.
James Bond fans should head to London for a one-off chance to grab a slice of the super-spy's lifestyle.
Money can't buy you love. But if you're super rich, it sure can buy some pretty expensive Valentine's Day gifts.
Distinctive Assets, the company behind a $220,000 Oscar swag bag, is being sued by the Academy for copyright infringement.
The amount of money Philippe Dauman has earned at the helm of the media giant is a lot higher than some reports suggest.
Total giving by the top 50 philanthropists in America dropped 30 percent last year to the lowest amount since 2010.
A real estate developer was the buyer of a 1957 Ferrari that sold for more than $35 million, according to people familiar with the sale.
Ferrari on Monday released the first images of the GTC4Lussoa, a new 12-cylinder monster that could help the company's margins.
The London home of one of Britain's best-known prime ministers is on the market for £30 million ($43.5 million).
Due to a quirk in auction locations and currency exchange rates, the title for the most expensive car ever auctioned is in dispute.
A garage in London is set to be auctioned for $261,567 or more, as the escalation in real estate prices in the already expensive city continues.
Private jets are expected to descend on the San Francisco Bay area for Super Bowl 50, making it one of the biggest private jet events of the year.
When preparing taxes, focus on what you can control. Don't worry about any changes to tax law until they actually occur.
Hedge funds offer potential downside protection but come with drawbacks that might make investors think twice.
Insensitivity to events has been common in markets for 14 years. Why are investors indifferent to geopolitical risk?