Lifestyles

Clients Lean On SFOs For Healthcare Services, Study Says

by

Wealthy families are increasingly turning to their family offices for help with their healthcare needs, according to a new study.

Cartier Turns To More Discreet Watches To Assuage Guilt

Cartier says it's pulling ahead of luxury rivals with watches that match the tenor of the times for less ostentatious displays of wealth.

Family Offices Deal With Client Security Issues

by

Single-family offices have become more involved in helping their clients deal with security issues, according to a new survey.

Manic Millionaires

by Russ Alan Prince

The Wall Street Journal's Robert Frank says the boom-and-bust nature of modern wealth has turned the rich into the 'binge drinkers of the economy.'

The Traveling Billionaire

by Jeremy Kahn

Nicolas Berggruen trots the globe in a Gulfstream jet, looking to change the world with his $2.5 billion fortune.

Princeton Brews Trouble For Us 1 Percenters: Michael Lewis

How to deal with students at elite colleges turning against the elites.

Tax Cap Hits N.J.'s Richest

The days of on-demand trash pickup are dwindling for residents of Millburn, the northern New Jersey community best known for The Mall at Short Hills, where Cartier diamonds meet Dior fashions.

BMW-Audi Battle For Top Spot In Luxury Cars Playing Out In China

China may overtake Germany as the world's second-largest market for luxury cars behind the U.S. this year.

Baja Humbug

by

Looking for an unusual luxury holiday gift for that ultra-wealthy person who seems to have everything? How about a Lear Jet trip to a Baja resort for two with full amenities, plus extras.

Cornell's $350 Million Donor Feeney Plans To Give It All Away

Donating a record $350 million to Cornell University last week moved Charles Feeney closer to a life goal: giving away all of his fortune while still alive.

English Butlers Wanted For Super-Rich Clients

English butlers, synonymous with Reginald Jeeves, are answering more calls from super-rich Chinese and Russian clients as wealth shifts between east and west.

Eight Ferraris Crash At 'Gathering of Narcissists'

Eight Ferraris and a Lamborghini were part of a 14-car crash in Japan yesterday that wrecked more than $1 million of vehicles.

Astor Duplex Sells For $21 Million To Viking Hedge-Fund Manager

The Manhattan duplex owned by Brooke Astor, the late philanthropist and socialite, sold for $21 million, less than half of its original asking price.

The Rockin' Renaissance Man

by Thomas M. Kostigen

He's best known for his serpentine tongue and devilish makeup, but Gene Simmons is a dead serious businessman.

Own Or Lease? (Or Maybe Neither)

by Colleen O'Dea

The wealthy were expected to turn to shared ownership of jets, yachts and other high-end goods when the economy tanked. But they mostly resorted to no ownership, until recently.

Caltech Surpasses Harvard Atop Global College Ranking

Harvard University lost its top spot for the first time in eight years in a global ranking of higher education institutions, being overtaken by the California Institute of Technology.

Facebook May Boost Luxury Goods Sales

Online sales of luxury goods may climb 20 percent a year by 2015 as producers build networks of potential customers on social media websites, according to a new study.

Asian Private Bankers Earn More Than Their Swiss Bosses

The growing ranks of Asia-Pacific millionaires has fueled demand for relationship managers and caused the salaries of private bankers in the region to skyrocket.

Buying The Knot

by

The high-end wedding business is thriving despite the sputtering economy, with some lavish affairs costing $15 million or more.

Craving Trophy Homes

by John Gittelsohn and Oshrat Carmiel

Billionaires from Russia and other emerging markets are cementing their new wealth status by buying up high-priced U.S. mansions.