Parents are paying tutors to do their precious offspring's work for them! Clearly, this is against the rules. But it's happening anyway.
Just over a year after Steve Jobs's death, shipbuilders in Aalsmeer, Holland have finally finished the yacht that the Apple visionary spent years designing -- stealthily, of course.
It was a time of much strife, we'll be telling our grandchildren many years hence of this moment in our New York City history. It was brunch. It was ice cream. It was chicken. And then it was breakfast.
Being rich is full of horrible, unbearable contradictions. At least that's the takeaway from this Quora thread in which a user complains of being torn apart by his crippling $20 million net worth.
A piece in this month's Economist adds fuel to the Anglocreep fire: People who aren't British want butlers now. Some of them can actually afford to hire one.
When it comes to ideas to get rich parents to spend money on ritzy summer camps for their children, the idea of teaching rich kids how to be rich is a little meta.
While the Internet has had a good time making fun of these rich kid Instagram photos, haters should be careful. These postings are emblematic of the entire medium we all use.
Mitt Romney held three big-tickets fundraisers in New York's fancy Hamptons this weekend, providing some of his richest donors the chance to parody themselves in front of eager political reporters.
Spike Lee shook Mitt Romney's hand, favors Bloomberg's soda ban, thinks we will gentrify The Atlantic Ocean, and other highlights from his New York Magazine interview with Will Leitch.
New York City residents and their real estate brokers have a special kind of relationship. Is it any wonder that we're entranced by these fascinating creatures who wield such power?
Terrible, terrible news: East Hampton's 2,900 non-resident beach parking permits have sold out completely in record time this year. What are beach-going New Yorkers to do?
One of the three mystery Mega Millions lottery winners has finally come forward, and it's not Mirlande Wilson.
While the U.S. housing market continues to struggle, there is one bright spot for those who sell apartments: Russians are investing plenty of money in high-end real estate, especially in New York City.
While we wait breathlessly for the announcement of who actually won the Mega Millions lottery, there's plenty to keep us entertained
The Mega Millions is already tearing people apart, and its biggest winners have yet to come forward.
As America continues in its frenzy over the now $640-million jackpot up for grabs in tonight's Mega Millions lottery, we feel it is our duty to inform you that actually, you really probably don't want to win the lottery.
Parents are taking out loans to pay for their children's educations. That's been happening for years, you say? Well, yes. Except now the loans are being taken out for high school educations—and even kindergarten.
The challenges facing the well-to-do New York City parent never end!
Always wanted to know, secretly, where you could go to see and be seen, the way you were really meant to be seen? Want to act like a real-life or maybe a "self-proclaimed socialite"?
In the annals of crime, there is a place reserved for the banker—a special sort of banker, mind you, not just the guy who offers you free checking with your savings account, presuming you keep a certain balance, at Chase.
If CBS wanted to depict attendees as caricatures of moneyed power, they couldn't have picked a better place than Florida's private over-the-top bastion of leisure and luxury the Ocean Reef Club.
Earlier this year, a real estate milestone was achieved in New York City when the most expensive apartment ever— a 6,700-square-foot 10-bedroom on Central Park West—was sold for the kingly sum $88 million. But there is trouble in the land of 24-karat gold bannisters and diamond-studded ice cubes.
Despite what you might hear about the economy, publishing, and the trying lives of the wealthy, it's boom times out there in the arena of glossy print magazines for the rich!
If one thing is clear about rich people, it's not that their lives are any easier than the rest of ours. In fact, if anything, it's hard to have money.
Discovered: Rich people steal candy from babies, the existence of an immortal worm, democracy does not work, and death by sleeping pills.
Two polls, one of millionaires and one of everyone, have both found 68 percent support for a millionaires surtax.
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