Getty Images Odell Beckham of the New York Giants talks with a referee after a play with Josh Norman of the Carolina Panthers during their game at MetLife Stadium on Dec. 20, 2015, in East Rutherford, New Jersey. Odell Beckham Jr. of the New York Giants has signed a five-year contract extension, reportedly making him

A 1962 Ferrari became the most expensive car ever sold at auction, fetching $48.4 million over the weekend. 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 classic cars and wealthy collectors that includes five days

Donaldson Collection | Michael Ochs Archives | Getty Images Robin Leach poses for a portrait in February 1991 in Los Angeles, California.  Robin Leach, the celebrity journalist who made a career of ogling lavish living on TV’s “Lifestyles of the Rich and Famous,” died early Friday in Las Vegas, where he had been working for

Running a small business is full of challenges. One wrong move can not only put your business at risk, it can destroy your entire livelihood. Perhaps the biggest peril of all, experts say, is that small businesses are far more vulnerable than their big, corporate counterparts to fraud. “Large businesses have better controls in place,

George Clooney may be taking a hiatus from the big screen, but he’s still cashing in. The 57-year-old ranks as the highest-paid actor of the year, according to Forbes’ 2018 list of top male earners, which was released Wednesday. Clooney took in $239 million in pretax earnings, thanks to a lucrative business venture, endorsements and

David Paul Morris | Bloomberg | Getty Images Tim Cook, chief executive officer of Apple Inc., waves after speaking during an event at the Steve Jobs Theater in Cupertino, California, U.S., on Tuesday, Sept. 12, 2017. Apple‘s impressive market rally this year is about to make CEO Tim Cook $120 million richer. The chief executive

Judge Judy Sheindlin, star of “Judge Judy” on CBS and one of the highest-paid stars on daytime TV, reportedly raking in $47 million a year, bought a $9 million mansion in Newport, Rhode Island. Sheindlin grabbed the mansion at a $3.5 million discount: The home, known as the Bird House Estate, named by former owner

Some of the surprises in fall and holiday travel bookings show up in the growth of year-over-year bookings for destinations chosen by U.S. travelers. Big upticks were found in planned trips this fall and holiday season to Turkey (up 310 percent, in data captured largely before recent financial turmoil walloped the country), Egypt (up 264

Yet such has been the concern about the super-rich in general that arguably rather less attention is paid to their changing composition, notably the shift to the world’s rising eastern giants. The US still boasts more “three-comma club” members than any other country, but the Asia-Pacific region now easily surpasses North America and Europe. China

The biggest art fraud in modern U.S. history was shockingly simple. Yet it went on for 15 years, duped some of the world’s most sophisticated collectors, brought down a 165-year-old New York gallery, and brought in more than $80 million. It is also a cautionary tale for anyone thinking of dabbling in the art world.

The best-paid actress of 2018 is Scarlett Johansson. Johansson, 33, tops Forbes‘ list of top female earners with $40.5 million in pretax earnings between June 1, 2017 and June 1, 2018. In that time, she was a bride-to-be (Rough Night), played and a superhero (Avengers: Infinity War, her biggest salary bump) and voiced a dog

But doing so can be easier said than done. Just who are you supposed to call on and what are you supposed to ask? One person who has relied heavily on mentors to steer her career is 36-year-old Jayna Cooke. Her mentors guided her through the ranks at Groupon before she went on to found

For nearly 60 years the Four Seasons catered to the elite and power-brokers like Henry Kissinger, Martha Stewart, Wilbur Ross and George Clooney. But in 2016, the iconic haunt closed its doors after a battle with the landlord. On Wednesday, the restaurant is expected to open at its new setting on East 49th Street, just

The person holding the winning $245.6 million Powerball ticket is likely discovering that New York isn’t the best place to hit the jackpot. Not only will the ticket holder face state and city lottery taxes that are among the highest in the nation, remaining anonymous might be impossible. While a trust can be created to

In the summer of 2013, with his health failing, the billionaire businessman Edgar M. Bronfman was visited at home by his youngest daughter, Clare. She brought with her a production crew that was making a film about a self-help group called Nxivm. Mr. Bronfman, the former chairman of Seagram Company, had long clashed with Clare

If you’re rich, you might want to consider moving to Wyoming or Nevada. Wyoming was the most favorable state in the nation when it came to the total tax burden on high earners, according to a study by SmartAsset, a personal-finance tech company. Nevada ranked second, followed by Tennessee. The study looked at the total

Charities can have the most trouble distancing themselves from tainted donors when they grant a major giver naming rights: that is, name programs or buildings after them. Vanderbilt University learned this lesson the hard way when it attempted in 2002 to rename “Confederate Memorial Hall,” a building which it had acquired following a merger with

On the earnings call Monday morning, Sotheby’s CEO Tad Smith declined to name the paintings. But he said that with one of them “the contribution was positive, and if we had had more bidding it would have been robustly attractive” to the company. The second painting, he said, “was a pricing error.” Art industry sources

Concerns are rising about the potential for a nationwide housing market crash, especially on the West Coast. At least for the moment, a new report suggests that market remains as hot as ever. The booming technology sector that attracts scores of well-paid workers have driven up home prices — resulting in stiff competition for people

Saudi Arabia’s best-known investor is back in the market. Prince Alwaleed bin Talal, a longtime investor in international businesses including Citigroup, Twitter, Lyft and the Four Seasons hotel chain, announced a $270 million transaction with the French music-streaming company Deezer on Thursday. The Deezer investment is the prince’s first big international deal since January, when

Late in 2014, Nicholas Woodman, the founder and chief executive of GoPro, announced what appeared to be an extraordinary act of generosity. Mr. Woodman, then 39, had just taken his camera company public, and was suddenly worth about $3 billion. Now he was giving away much of that wealth — some $500 million worth of

Prosecutors have been eager to show jurors that President Donald Trump‘s former campaign chairman Paul Manafort lived an opulent lifestyle as part of his ongoing criminal trial on financial fraud charges. But their biggest obstacle so far has not been Manafort’s defense counsel — it’s been the judge. Manafort heads to Virginia federal district court

Home sales have slowed down this year in the Hamptons, the Long Island beach communities that serve as a summer playground for the wealthy of New York, bringing the median price below the $1m mark. Second-quarter sales fell 12.8 percent from 2017 levels, according to data prepared for Douglas Elliman by Miller Samuel Real Estate.

“Let’s not and say we did” was a quote we often used when I was growing up. It needs to be said plainly today to U.S. Treasury Secretary Steven Mnuchin, who has a new tax cut plan that may be constitutionally questionable. The stealth $100 billion plan, which would index capital gains taxes to inflation,

The Mountain has been shopped around and has a troubled past. According to The Hollywood Reporter, the property was purchased by the sister of the shah of Iran in the 1970s, and then sold to Merv Griffin. Herbalife founder Mark Hughes then stepped in and bought it for $8.7 million in 1997, making it the

Warren Buffett praised Leon Cooperman’s vow to give away his entire fortune to charity. In an email to the hedge fund billionaire, Buffett said “a disproportionately low number of people” from Wall Street have committed to the Giving Pledge, and he urged the 75-year-old Cooperman to influence his peers to give more. The Giving Pledge

Christie’s auction house reported its highest-ever sales total for the first-half, topping $4 billion during the first six months of this year and highlighting the continued strength of the global art market. Total sales were up 35 percent in the first six months of 2018, according to Christie’s, which is privately held. More than three-quarters

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. It costs the least in Mississippi, $254,362, to crack the top 1 percent of earners in the state, the think tank found after analyzing annual incomes

Getty Images Sergio Marchionne, Chief Executive Officer, Fiat Chrysler Automobiles is viewed next to a Ferrari after ringing the Closing Bell on the floor of the New York Stock Exchange (NYSE) on October 13, 2014 in New York City. Friends and colleagues of Camilleri, who requested anonymity because they aren’t authorized to speak for him

For those in the market for a new house, why not take a look at the same places that you’ve seen on movie screens and in the pages of comic books? If you’ve ever wanted to live like a character from “The Avengers,” “X-Men” or the “Justice League,” there are real estate options — provided