Image: There are fewer mansions available in the richest areas of the country, but this mansion in Palm Beach, Fla. is available for a cool $34.9 million.
Sotheby's International Realty - Palm Beach Brokerage

American wealth hits all-time high, so why don't we feel it?

By many measures, Americans should be feeling flush. The Federal Reserve reports that total household wealth in America hit an all-time...

Super-rich aren't just luckier, they may be smarter too, study says

A growing body of research tells us that success is not so much a function of raw intelligence, but of work, circumstances and time...

Higher taxes don't drive wealthy away, study shows, but divorce does

As Californians debate the "rich tax" contained in Gov. Jerry Brown’s Prop 30, a new report challenges one argument for lowering tax...

Billionaires get 'low income' tax breaks in NYC condo tower

The billionaires paying more than $90 million for top apartments at the new One57 tower in New York have some very special amenities....

Lots of $50 million dollar men in 2011

A slew of corporate captains have joined one of the most exclusive clubs in corporate America: Call them the $50 million men. A...

Wall Street pay, bonuses to plummet this year

Many on Wall Street will find the holidays less merry this year thanks to thinner paychecks. Year-end bonuses, a much beloved perk for...

CEO gets a $100 million payout for stepping down, sort of

Last Friday, we learned that the chief executive officer of Nabors Industries, the world's biggest land-drilling contractor, was stepping...