Managers of Wealth

The world's tallest luxury building can't get its superrich buyers to pay full price

The top-floor penthouse overlooking Central Park closed for $87.7 million, 8% less than the listing price, Bloomberg reported.

Hot property destinations for the super wealthy

Many countries are keen to attract the global rich

What is the role of superyachts in ocean preservation?

It is paramount that the superaycht market embraces the regulations and laws being introduced to preserve rare species and coral reefs

Fine wine investment has leaped since Brexit: These vintages will give you the biggest return on investment

In the report, Vin-X analysed 25 Bordeaux wines since 2008 and concluded investors should mix prime mid and off vintages to drive growth and minimise risks.

Sotheby’s, Christie’s and Phillips Take Different Paths to ‘Sold!’

At the same time, the three big international auction houses were trying to persuade the superrich to buy some of the world’s most expensive art.

Family-Owned Manhattan Office Building Sold for $109 Million

Taconic Investment Partners and TH Real Estate partner on deal to buy 817 Broadway in Midtown South

$600,000 robot car makes global debut in Abu Dhabi

Letrons robot car is on display at the Big Boys Toys exhibition in Abu Dhabi

The new Maserati Levante SUV has raised the luxury bar

But in the US and increasingly China, you really need a strong crossover offering.

Ex-Banker Sells New York Townhouse for $12 Million Less Than He Paid

Christopher A. Cole, former co-chairman of investment banking at Goldman Sachs, sold the Upper East Side home for $19 million, about two years after buying it for $31 million.

Allen’s Jet Painting Sells for $25.6 Million at Phillips Auction

Phillips found an irrevocable bidder who agreed in advance to pay an undisclosed minimum price, ensuring the piece sold.

Transatlantic private jet carrier set for January take-off

Bliss Jet offers all the advantages of a private jet experience without the expense, and bypassing the inefficiencies of today's inter continental business class travel

A 9-Carat Diamond Called 'The Pink' Just Sold for $18 Million at Christie's

Its pre-sale estimate was 16 million Swiss francs to 18 million.

Rolls-Royce increases cost-saving plans

Five profit warnings in the 20 months up to November 2015 means Rolls-Royce shareholders have had anything but a smooth ride recently

£8.5m celebrity home on the market after refurb

It is part of a very exclusive selection of newly refurbished apartments in Mayfair that offer all the mod cons desired by high-end purchasers.

Will This 1962 Ferrari 250 GTO Be The Most Expensive Car Ever?

The GTO is one of the most sought-after cars and collectors are scrambling to get their hands on one

Will The Moussaieff Fancy Vivid Blue Diamond break it's own World Record?

It is imperative to note that very important jewelry buyers are present at Hong Kong auctions.

Estee Lauder sharpens millennial focus with Too Faced buy

Estee Lauder, which is buying Too Faced from private equity firm General Atlantic LLC, said it expected the deal to close in December.

Rare Patek Wristwatch Fetches $11 Million, Record Auction Price

The bidding ended after 13 minutes in a duel between two phone bidders.

Former President George HW Bush golf items sold for $30K

The auction ended Thursday for the items including golf balls that were offered by Boston-based RR Auction.

The 8 most high-tech SUVs on the market

SUVs become the more popular choice, automakers need to ensure their models stand out in a notable way from the rest of the competition

Extremely Expensive