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The 20 Most Expensive Homes Sold In America This Year

The high end of the luxury real estate market had a great 2012, with real estate records being broken from coast to coast.We combed back through our archives to find the biggest residential real estate...

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Steve Jobs' Custom Yacht Is Free, After Being Impounded

Steve Jobs spent years working with French designer Philippe Starck to create "Venus," the 260-foot yacht that was completed a year after the death of Apple's co-founder.And after being impounded over...

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YACHT OF THE WEEK: Cross The Ocean On The Modern $21 Million 'Streamline'

When you spend millions of dollars on a luxury yacht, you do not want to be confined to a single region. With the "Streamline," you won't be: Its 85,000-liter fuel tanks provide a range of more than...

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5 Major Trends We Saw In China's Luxury Market This Year

2012 was, to say the least, a roller-coaster year in the Chinese luxury and art markets, following several years of sustained double-digit growth and seemingly unlimited demand among the country’s...

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The 10 Most Outrageous Items People Bought In December

2012 wrapped up with several auction records, from a drawing by Raphael that sold for nearly $50 million to a very expensive antique clock.There were also sky-high prices for movie props and a batch of...

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This Brand New Bentley Is The World's Fastest 4-Seat Convertible

Bentley officially revealed the Continental GT Speed Convertible today ahead of its international debut at the North American International Auto Show in Detroit later this month.With a top speed of 202...

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How To Spot A Knock-Off Designer Handbag

After a Forbes contributor spent $500 on a secondhand Louis Vuitton bag but couldn't tell if it was real, Forbes' personal finance writer Deborah L. Jacobs waded into the murky world of counterfeit...

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Gap Is Betting Millions On A Pricey Celebrity Fashion Boutique

Today, Gapannounced it was acquiring Intermix, a fashion boutique that retails $1,500 Herve Leger dresses and is frequented by stars like Kim Kardashian. The $130 million transaction raised some...

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The Coolest New Status Symbols Among China's Wealthy Are Old Cars And Grand...

With many of China’s wealthy elite turning away from public displays of wealth and enjoying high-priced toys within the privacy of their own homes, new status symbols like antique cars and grand pianos...

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YACHT OF THE WEEK: Take The Family For A Cruise On The $875,000 'Mr. Ed'

Family vacations are as much about spending time together as they are about getting away from it all. The "Mr. Ed" is the perfect yacht for a family vacation — and it costs under $1 million. It is not...

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American Consumers Love To Spend On Little Luxuries [Infographic]

According to an online survey of American consumers conducted by Accenture, "one-half of U.S. consumers are likely to make a small luxury purchase in the next six months."The survey found that while...

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11 Extravagant Pieces Of Baby Furniture Fit For Kim And Kanye's Nursery

Kim and Kanye made headlines last week with their baby news, and it seems that everywhere you look another celebrity is expecting.Some retailers are manufacturing baby swag that both celebs and...

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Why A Luxury Chinese Watchmaker Has Only Sold Two $273,000 Watches In Three...

Talk about lost opportunity.China has one of the fastest growing luxury markets in the world, but upscale Chinese brands can’t seem to get a foothold. Tianjin-based watchmaker Seagull, for example, has...

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Swatch Buys Luxury Brand Harry Winston For $1 Billion

GENEVA (AP) — Switzerland's biggest watch maker, Swatch Group AG, says it has agreed to pay about $1 billion to acquire Canada's Harry Winston watch and jewelry brand.The Biel, Switzerland-based...

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China's Gift-Giving Culture Has Gotten A Lot More Modest

We’ve previously noted the changing dynamics of China’s culture of gift-giving, hastened by Beijing’s recent crackdown on excessive spending by government officials, but this week, a new Hurun Report...

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Lamborghini's New 'Aventador' Packs Huge Power, But Doesn't Eat Up Gas

Very rarely does a super sports car think about saving fuel.It is all about packing as much power as possible to get the maximum output, which results in massive fuel consumptions.But with the world's...

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Here's Where Luxury Real Estate Is Making A Big Comeback In The US

Luxury real estate is making a comeback throughout the country, and some of the hottest markets have a lot more in common than solely an expensive price tag— from thriving and diverse economies to...

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Stella McCartney: There's This Elitism In Fashion That Always Felt Wrong

Stella McCartney has made herself a big name in fashion, but when she first interacted with the industry, she felt turned off by it.Fashion blogger Garance Doré at Pardon My French sat down with...

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These Are The 9 Best First Class Seats In The World

In recent years, flying first class has lust its luxury luster, to the point where we're not even sure if it's still worth the money.But for those who are set on having the best at 30,000 feet, it's...

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Luxury Watch Sales Have Hit Record Highs Despite The Downturn

Amid gloomy talk of a possible triple-dip recession in Britain and the march of austerity across Europe, some people somewhere are spending an absolute fortune on showpiece watches.Luxury watch sales...

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