Cultivating the Affluent

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Superyacht Sales Soaring For The 0.1% While Inflation Ravages The Other 99.9%

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Demand for yachts intensified during the Covid-19 pandemic as the wealthy escaped lockdowns.

David Rubenstein-Backed Firm Taps World's Rich For U.S. Bets

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Declaration Partners collected $240 million from wealthy individuals and family offices.

Wealthy Use Loophole To Reap Tax Breaks, And Delay Giving Away Money

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Foundations shift billions to donor-advised funds and skirt laws requiring transfers to the needy.

Ranks Of Rich Americans Exploded During The 2010s

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Proportionally, there are more rich people pursuing the same, limited amount of "Rich People Things."

How Do Wealthy People Buy Privacy?

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And how advisors can pierce the veil.

Citadel's Griffin Brings Billions To Miami With Political Winds At His Back

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Legions of lawyers, accountants and hedge fund hopefuls want to turn Miami into Wall Street South.

Richest Americans Lose $93 Billion After Inflation-Fueled Stock Rout

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Jeff Bezos's wealth plunged by $9.8 billion, the most among those tracked by the Bloomberg Billionaires Index.

Singapore To Be Asia's Millionaire Capital By 2030, HSBC Says

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Singapore will overtake Australia to have Asia's highest share of millionaires.

Scion Of $63 Billion Media Fortune Revamps Wealth With Tech Bets

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Thomvest Ventures handles the venture capital assets of Peter Thomson, member of the Thomson media dynasty.

House Hunters For The Richest 0.1% Are Striking Out On Their Own

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Brothers Tal and Oren Alexander have left Douglas Elliman after a decade.

The Most Expensive Meal In The Hamptons Is A $30,000 Dinner Cruise

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Dom PĂ©rignon has raised the bar on yacht charters.

Musk Sued By Twitter Investor Over Busted $44 Billion Deal

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A Twitter shareholder filed to stop Elon Musk from backing out of his bid for the company.

Jack Ma Escapes Beijing's Crosshairs By Giving Up His Power

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There are signs China's government is easing pressure on the entrepreneur.

Buffalo Bills Owner Backs Startup Targeting Wealth Advisory Boom

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Terry Pegula built an oil and gas fortune before forging a U.S. sports empire.

Who Is Nicole Shanahan, Woman At Center Of Musk-Brin Drama?

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Shanahan is an attorney and research fellow and founded a firm helping patent owners.

Porsche Maps Out Profit Push Ahead Of IPO With New Luxury SUV

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Volkswagen's Porsche plans to introduce a new electric luxury sport utility vehicle and bolster profits.

Beloved Wall Street Steakhouse Bobby Van's Closes After 16 Years

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Bobby Van's on Broad Street shut its doors for the last time on Thursday.

Walmart Heir Leads Group To Buy Denver Broncos

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Rob Walton agreed to buy the team for what's likely to be the most ever paid for a U.S. professional sports team.

Crypto Billionaires' Vast Wealth Destroyed In Weeks Amid Turmoil

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Those who built their fortunes on crypto are learning they can also lose those fortunes in crypto.

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