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
Wall Street money is flowing to presidential candidates Marco Rubio and Hillary Clinton, and away from former favorite Jeb Bush.
A classic 1957 Ferrari is set to become the most expensive car to sell at a European auction this Friday.
Good news for Ferrari owners wasn't quite so good for the automaker's shareholders.
The nation’s largest car auction posted its first sales decline since 2010, with sales of everything from muscle cars to vintage European racers slowing.
China's crackdown on corruption includes kidnapping CEOs. These human rights violations will have a chilling effect, says professor Michael Posner.
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.
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?