From rare Rolexes and Birkin bags to multimillion-dollar art collections, wealthy borrowers are unlocking quick cash from luxury assets—skipping banks and paperwork in favor of speed and discretion.

In today’s politics, you don’t need a solution — you just need someone to blame. And more often than not, that someone is “the rich.” Say “Billionaires shouldn’t exist,” and the crowd cheers. Say ...

NORWAY’S TRIBUTE to Edvard Munch, Scandinavia’s most famous painter, is an impressive 13-storey slab of recycled aluminium and glass built on the harbour front in Oslo. Completed in 2021 at a cost of ...

The number of Americans worth tens of millions and hundreds of millions of dollars has boomed in the past few decades, thanks to a rising stock market, lucrative private investments and swelling ...

In 2012 the famous French actor Gérard Depardieu moved his home across the border to Belgium to avoid paying a hefty surtax on incomes over 1 million euros. The ease with which Depardieu avoided taxes ...

David Hauser loves index investing and has little confidence that professional money managers can make winning bets with his cash. But he absolutely believes they can make some losing ones, and has ...

"Hearst Magazines and Yahoo may earn commission or revenue on some items through these links." When Eddie LeVian visited the Argyle Mine in Australia nearly three decades ago, he found untapped ...

This is read by an automated voice. Please report any issues or inconsistencies here. Death and taxes may be inevitable. A big bill for your heirs is not. The rich have made an art of avoiding taxes ...

As global energy demand surges—driven by AI-hungry data centers, advanced manufacturing, and electrified transportation—researchers at the National Renewable Energy Laboratory have unveiled a ...

"It used to be so embarrassing to come out," Rich tells PEOPLE Rachel Raposas is a Writer-Reporter at PEOPLE. She joined the News Team in 2024. Maya Dehlin Spach/Getty; Taylor Hill/WireImage ...

Houston billionaires Rich and Nancy Kinder are giving back to their local community. Mark Mulligan/Houston Chronicle via Getty Images “We just felt early on that the right thing to do was to try to ...