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Category Archives: WEALTH

By David Sedaris When job security is OK, a Wall Street career can been made and prolonged by simply having a sharp tongue. The funny guys on the desk or the phone usually do a lot of business. A witty...

President Donald Trump has offered a simple explanation for his wealthy Cabinet choices: Rich people know how to manage money better than poor people do. In a rambling aside at a rally in Iowa on...

Even their spending plans are similar. Three quarters of millionaires plan to spend the same as last year, with about 15 percent spending more. So how can millionaires have such different outlooks...

Victor Fraile | Power Sport Images | Getty Images Tiger Woods (2nd from left) of the United States and Rory McIlroy (2nd from right) of Northern Ireland with Ken Chu (l), Chairman and CEO...

A limited-edition Hermès handbag is expected to fetch $50,000 to $60,000 when it comes up for auction Thursday. Christie’s plans to sell the bag – a 2015 Bleu Colvert Porosus Crocodile Ghillies...

Justin Chin | Bloomberg | Getty Images Billionaire Li Ka-shing, chairman of CK Hutchison Holdings and Cheung Kong Property Holdings, adjusts his glasses during a news conference in Hong Kong,...

Luanda, Angola’s port capital situated on the west coast of southern Africa, usurped Hong Kong’s leading position this year to become the world’s most expensive city. But it is often...

The timepiece was presented to Jackie as gift by her brother-in-law, Prince ‘Stas’ Radziwell, in 1963. That year, President John F. Kennedy had asked Americans to complete a 50-mile hike...

The key for investors, as always, is to look forward. And while the recent past has been a great environment for long-only risk assets, hedge funds can provide several unique advantages for investors,...

A life-changing moment in the history of the brand, however, came in the early 2000s when Kumar’s son, Amrish, now 39, inherited his mother’s legacy. A former banker with a keen business...