To many, the character of Barry Cohen in Shteyngart's new novel, "Lake Success," will bear some resemblances to hedge fund titans like Steve Cohen or Bill Ackman. » Read More
By: Lauren Hirsch
With a $6.2 billion valuation and $385 million in revenue, Farfetch is trading a richer valuation than even Amazon. » Read More
By: Scott Cohn
Carlos Rafael made millions as the owner of one of the largest commercial fishing businesses on the East Coast, but his big mouth helped get him hooked in an undercover IRS sting with agents posing as Russian mobsters. » Read More
By: Karen Gilchrist
Jack Ma says he doesn't consider himself "legendary." Rather than follow him, people should try to carve their own way, Alibaba's billionaire CEO said Thursday. » Read More
The UK's "generation rent" may be priced out of home buying, but renting is also hip among another group: the super-rich, the Financial Times reports.
The number of sales and prices in posh Miami Beach fell during the first quarter, according to a new report
The lack of U.S. citizens named in the Panama Papers has left Microsoft founder Bill Gates a little incredulous.
Burberry said its second-half sales were hit by a drop in tourist spending in Continental Europe and weak demand in Hong Kong.
Former Facebook president Sean Parker announces the creation of the Parker Institute for Cancer Immunotherapy.
Meet power couple Kevin and Maggie Callahan. Under Armour paid $150 million for Kevin's app, and Maggie's latest venture is booming.
The super rich know how to treat themselves, whether it's eating the world's most expensive omelette or ordering a set of custom pearly whites.
For the past 15 years, Sam Nehme has been creating some of the wildest and most expensive motorcycles in the world.
A new survey of more than 800 millionaires around the world ranked the Bellagio the No. 1 hotel in the world among millionaires.
Too much success can be a bad thing. Never forget this one tip, says business mogul Tilman Fertitta.
The success of Alibaba in China and beyond is like the "American Dream," said Duncan Clark, author of the new book on "Alibaba: The House that Jack Ma Built."
European leaders are scrambling to tighten rules on tax evasion this week as the Panama Papers data dump continues to cause shockwaves.
David Cameron will say on Monday that new legislation making companies criminally liable if employees aid tax evasion will be introduced this year.
Shielding income from taxes has gotten tougher, but rich people will keep trying.
Steve Wynn has just tossed a verbal grenade into the class wars.
Austin, Texas, was the country's No. 1 city last year for growth in sales of homes priced at $1 million or more, according to a report.
Steve Cohen of Point72 Asset Management has launched a nonprofit that aims to treat mental health issues among U.S. veterans.
Hedge fund billionaire David Tepper officially changed his tax residency and his corporate headquarters from New Jersey to Florida.
Professional athletes' salaries could take a hit if more disputes between cable operators and regional sports networks arise.
When the super rich want to live the "suite life," they can drop tens of thousands of dollars on a single night.
Consumers can freeze and unfreeze their credit reports without paying a fee, effective Sept. 21. They still will need to contact all three credit bureaus to cover all their bases.
No, you should not use that home equity line of credit to fund your vacation to Bermuda. You also shouldn't use it to pay for the utilities.
The tax code imposes certain limits — and opportunities — for your retirement saving.