Patricia Bosworth's no-holds-barred biography sums up the mercurial movie star, sex
symbol, social activist, exercise guru and trophy wife.
China's millionaires will account for about half of Asia's rich and
hold more than half of the region's wealth by 2015, according to a study
by Julius Baer Group.
The stock market's recent volatility may mean lower sales for high-end
retailers such as Tiffany & Co. and Neiman Marcus Group Inc.
Fractional ownership of private jets and use of jet cards is on the rise
as commercial travel frustrates fliers, despite the high cost.
Flight Options LLC, the second-largest fractional jet company in the
U.S., has won $167 million in financing for new planes as it takes advantage of a rebound in demand.
The price of a luxury home in central London can jump as much as 3,000
pounds ($4,800) a square foot with the help of a pair of white gloves
costing a few pounds.
Maine's Bates College is the most expensive private, nonprofit college
in the U.S., with its $51,300 price tag in 2009-2010, according to a
government college cost.
A vintage Aston Martin automobile previously owned by Peter Madoff,
brother of Bernard L. Madoff, will be sold at auction to help pay the
jailed con man's former investors.
JPMorgan Chase & Co. and the Ritz-Carlton Hotel Co. are making a
run for American Express Co.'s affluent clients with the hotel's first
rewards program.
Mexican billionaire Carlos Slim bought a townhouse in midtown Manhattan
that will be used for office space, extending his purchases of real
estate in the city as property values increase.
The nearly rich aren't spending nearly as much as the wealthiest Americans on luxury brands.
by Philip Scala and Howard Kleinhendler
Financial advisors need to be at the ready when their clients get a midnight phone call informing them their child has been thrown in jail.
by Hannah Shaw Grove
Multifamily offices and private banks see an increasing need for self-defense programs that help protect their wealthy clients.
NFL and NBA players are lining up to get child support and alimony
payments lowered in case their
leagues shut down, according to one attorney.
Less than half of wealthy Americans say that leaving an inheritance is important, according to a survey by U.S. Trust.
by David Solie and Janet Schraw-Solie
An advisor-based portfolio approach can help affluent families manage personal health care issues.
by Philip Scala and Asa Bret Prince
Stalkers are normally associated with celebrities, but the wealthy must also be wary of becoming victims.
While much of Florida's real estate market remains depressed, buyers seeking homes in the state's affluent enclaves are finally getting off the fence, observers say.
The world is beset by crises, from an earthquake and
tsunami in Japan to revolution and repression in the Middle East. For
one small segment of the population, however, it's party time.
How much does it take to feel wealthy these days? For
many millionaires, it's about $7.5 million, according to a survey by
Fidelity Investments.
