Wealth

It’s a fact: Most people don’t have to face the “problems” that come from getting too rich too young. Which begs the question of when and how to start some financial planning — and possibly becoming wealthy a little later in life. The easiest and best answer is start now, said certified financial planner Geri Eisenman …

Wealth, like age, can be relative — you really notice it in relation to other people. So the folks at Wealth-X have compiled a list of the richest people of each decade, ranking the wealthiest people in their 20s all the way through their 90s. Because the list gave equal representation to the affluent of …

Le Palais Royal just became the most expensive listing in America — again. Sort of. The 60,500-square-foot mansion in Hillsboro Beach, Florida, originally was listed a year ago for $139 million. At the time, the listing agent said it was the most expensive official listing in America. But then billionaire Jeff Greene listed his Beverly …

The use of private jets in the United States has grown to two-thirds of the global market for luxury air travel, as the number of high net worth individuals in the world’s biggest economy increases steadily. The country represents some 66 percent of global deliveries in the private jet market as of the end of …

Any average millionaire can buy the Omega Seamaster 300 worn by Daniel Craig in the new James Bond movie, “Spectre.” But only a multimillionaire or billionaire can afford the original Aston Martin DB5 used in “Goldfinger,” valued at a minimum $5 million. Memorabilia and super toys based on the Bond franchise have become increasingly popular …

A Patek Philippe timepiece became the most expensive wristwatch ever sold at auction over the weekend, when it was purchased for $7.3 million. The watch, called the 5016A, sold at Phillips auction in Geneva for more than 10 times its low estimate of $700,000. The sale followed nine minutes of intense bidding by two anonymous …

Denis Horrigan, a partner at financial advisory firm Connecticut Wealth Management, need look no further than his office’s backyard for a reminder of how even the wealthy can wind up in a financial mess. His firm, in Farmington, Connecticut, sits in the shadow of the 56,000-square-foot mansion owned by famed rapper Curtis Jackson (a.k.a., 50 …

Citing Forbes’ real-time tracker, news reports on Friday said that Spanish retailing tycoon Amancio Ortega’s fortune was now worth $79.8 billion, supplanting Gates.

The top of the real estate market continues to surge, and the most expensive homes are showing the most strength. Sales of homes priced at $1 million or more were up 21 percent in the 12 months ended in July, according to the Coldwell Banker Previews International Luxury Market Report. Around 92,000 homes sold at …

Thinking about working in Hollywood but don’t know how much money you could make? Wonder no more. According to The Hollywood Reporter, TV actors can make between $15,000 and $100,000 per episode on a network or cable show’s first season, while their A-list film counterparts can earn between $5 and $20 million. The magazine said …

The price of a square foot of real estate in Manhattan hit a record in the third quarter — rising to $1,497, according to a new report. The third-quarter Manhattan real-estate report from Douglas Elliman showed the real estate market was surprisingly strong given global economic weakness and volatility in the stock market. Inventory is …

More than a century after the sinking of the Titanic, three artifacts from the ship are slated to be auctioned by Lion Heart Autographs on Wednesday. Among the items is a menu from the last lunch held on the ship. The artifact is expected to fetch between $50,000 and $70,000 at the auction, according to …

Harvard has topped many of the “rich lists” that rank universities: Richest endowment, most billionaire graduates, richest students. Now, it adds another rich distinction: The largest number of alumni worth $30 million or more. According to a new report from Wealth-X, 3,130 of Harvard’s alumni are “ultrahigh net worth individuals” worth at least $30 million—the …

You’ve heard of $900 cupcakes and $34,000 puddings. But a birthday cake loaded with diamonds and hand-sculpted fondant just smashed the record for the most expensive dessert ever created. Price tag: $75 million. The decadent cake was created by British designer Debbie Wingham, who rose to fame when she crafted the world’s most expensive dress …