The major auction houses racked up nearly $10 billion in sales in the first half, marking one of the strongest-ever starts to the year.

Summer charters in the Med are down 20% to 30% from last year, yacht brokers say, with a growing number offering special discounts for July and August.

Two studies have raised new questions about the size and impact of the coming great wealth transfer.

It passes a stegosaurus skeleton that billionaire hedge funder Ken Griffin bought for $44.6 million in 2024.

Demand for chefs, personal assistants, butlers, nannies, housekeepers, chauffeurs and estate managers have reached records, according to Morgan & Mallet.

A month after the passage of a tax on second homes in New York City, brokers and analysts said sales of luxury real estate remain strong.

While luxury goods sales are expected to grow between 1% and 4%, experiences are on track for growth of between 3% and 7% this year, according to a new report.

The IPOs of SpaceX, OpenAI and Anthropic could create a tax windfall for the state of California. But experts say the revenue impact may be blunted.

Elon Musk’s stake in SpaceX is worth more than $766 billion. Combined with his Tesla holdings, Musk’s net worth as of Friday is roughly $1.05 trillion.

Personal investment firms of the ultra-rich are interested in space startups even without Elon Musk’s name attached.