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The car, a Ferrari 250 GTO, was sold at RM Sotheby’s on Saturday night as part of the Pebble Beach Concours d’Elegance — a kind of Coachella for wealthy collectors that includes five days of auctions, parties, tours and races in northern California.
Two paintings appeared to sell for massive prices, but actually lost or made very little money for Sotheby’s.
When it comes to income inequality, even the top 1 percent of earners in the U.S. stack up unevenly, according to a new report by the Economic Policy Institute. Here’s what you need to make to crack the top 1 percent in your state.
Total giving was up 5 percent in 2017, according to the Giving USA annual report.
Built in 1919, the seven-acre estate was the main home of Jacqueline Bouvier in the 1940s.
Among the records were new auction highs for Monet (a water lilies painting that went for $84.7 million) and Matisse (‘Odalisque Couchee aux Magnolias’ went for $80.7 million).
It’s believed to be a record for security costs for any CEO of a large corporation.
There are now 17.9 million households in the world, up 8 percent from 16.6 million last year, according to Boston Consulting Group.
If you want to avoid a tax audit this year, here’s the best piece of advice: don’t make millions.
Almost every room of Ed Brown’s 40,000-square-foot oceanfront home has a bottle of Patron tequila — including many of the 16 bathrooms.
A 38,000-square-foot mansion in Bel Air, California, is poised to become the most expensive home for sale in the U.S. at $250 million.
Millionaire investors were evenly split this election, but nearly two-thirds now say Donald Trump will be good for their investments.
Articles over the weekend offered new details on how Trump and his family met with their overseas business partners after the election.
Placing the Trump Organization into a blind trust is functionally, and perhaps legally, impractical, legal experts say.
Wealthy car collectors will converge on Pebble Beach, California, this week for the scenic community’s annual auction of collectible cars.