A Russian oil billionaire has been ordered by the U.K.'s High Court to transfer a luxury superyacht worth nearly $500,000 to his ex-wife in one of Britain’s biggest divorce battles, the Financial Times reports. » Read More
By: Jeff Cox
President Trump lied his way onto the Forbes list of richest Americans and used a fake persona to do so, according to a former writer for the magazine. » Read More
By: Shafi Musaddique
International watchdog warns G20 countries that they are 'weak' and falling short in tackling tax havens » Read More
Once upon a time, the CEOs of America's biggest companies like Warren Buffett and Jeff Bezos were just college kids too.
Rising numbers of female millionaires and billionaires around the world may help drive a rise in luxury health and wellness holidays.
In two years, millennial brothers Zachary and Cody Vichinsky have become major players in the Hamptons luxury real estate market.
Justin Bieber canceled all VIP meet-and-greet sessions for the remainder of his Purpose Tour, a perk that can cost up to $2,000 a person.
Luxury fashion designer, Giorgio Armani, has taken a stand against animal cruelty by pledging to end its relationship with fur.
From a gold-plated chopper to a gilded casket, here are eight crazy ways millionaires and billionaires are using the precious metal.
For billionaire biz owner Tilman J. Fertitta, having a business that's 95 percent perfect won't do. Here's how to fix that 5 percent.
The car that was used by Pope Francis during his visit to the U.S. last September could now be yours—through an auction.
For all the criticism Donald Trump gets for bankruptcies and some notorious business ideas, he's had many big business wins over the years.
The Chicago-born CEO of a Welsh insurance company is giving £1,000 ($1,445) to each of his employees as a parting gift when he leaves his role in May.
More hedge funds folded in 2015 than at any time since the financial crisis, dragged down by turbulent markets, reports the Financial Times.
Tiffany's sales fell 5.6 percent as a strong dollar hurt tourist spending at its stores in the United States and ate into revenue from other markets.
With high-end retailers under pressure, those brands that cater to "aspirational" consumers are starting to gain steam.
Wealthy Iranians, companies and state-backed buyers will spend up to $8.5 billion on overseas real estate over the next five-to-10 years following the lifting of sanctions, a report has said.
Dreams of lengthy cruises and beach life may be just that, with 20 of the world’s biggest countries facing a pension shortfall worth $78 trillion, Citi said in a report sent on Wednesday.
From a two-continent joy ride to racing a $52 million Ferrari uninsured, here are eight ways to drive like a millionaire.
A few coveted Ferraris helped offset weakness in other models at a classic cars auction at Amelia Island, Fla., over the weekend.
Looking for a luxury house in Las Vegas? You're in luck. Mike Tyson's house has been listed for $1.5 million.
Two hedge funds that launched a boardroom fight with United oppose plans to give its CEO the role of chairman and have concerns about his pay.
Jerry Seinfeld faced a tough crowd while putting up 18 of his prized cars for auction Friday.
Retiring earlier than expected could throw a wrench into retirement health costs. Here's how to plan for success.
Waiting until age 70 to take Social Security can be a smart financial move, but it isn't the right choice for everyone.
It is possible to create a tax-free income stream for life, with an asset that has been around for ages — bonds.