Last summer, a small upstate New York college became the site of a philanthropic firestorm when former Citigroup CEO Sandy Weill and his wife, Joan, revoked a promised $20 million donation. Considering the big-name donors and high financial stakes, what could possibly cause such a deal to go ... More

American PsychoBefore Christian Bale was a caped crusader in Gotham City, he was the titular character in Mary Harron’s 2000 film American Psycho. Bale played Patrick Bateman, a well-to-do Wall Street investment banker, who also happens to be a serial killer. Greedy and materialistic, Bateman’s homicidal actions are driven by ... More

Seven years after being sentenced to prison, Bernie Madoff is back. This time, in a two-night ABC miniseries, premiering on February 3. Starring Richard Dreyfuss as the Ponzi scheme mastermind and Blythe Danner as his wife, Ruth, the miniseries—inspired by The Madoff Chronicles, a book written by ABC News Chief Investigative Correspondent Brian Ross—follows Madoff’s ... More

After no one won either of last week’s Powerball drawings, the total jackpot is expected to reach $1.3 billion by this Wednesday—almost twice as much as any lottery payout in U.S. history. Now naturally, exactly what a billion dollars can buy you has been of extra interest to the American public ... More

The first question everyone asks after you mention you've napped on a $175,000 bed is: "Is it worth the price?" I can't answer that; I'm not at the point in my life where any one item, except for a home, is worth the amount. But I can tell you this: More

While Main Street is clearly world-weary of Wall Street, particularly after the financial crisis of 2008, it seems that some of Wall Street is feeling the fatigue as well. There’s a growing exodus of financiers leaving their high-paying jobs in the dust to pursue other opportunities. Instead of channeling money to and from institutions, some ... More

At 12, Sam was bright and eager but sad, almost clinically so. His mother and father did not fall into that category of wealthy parents we've begun to indict for working too much and pressuring their kids to perform. They were encouraging but mindful not to push too hard. They ... More

In No More Champagne: Churchill and His Money, author David Lough reveals a lesser known side of Winston Churchill. Although the famous prime minister is certainly seen as a risk-taker by many for his fearless decision-making during World War II, the extent of the chances he took with his personal finances ... More

What could be more luxurious than swiping a solid gold credit card adorned with diamonds? Those lucky enough to be invited to join the Aurae Lifestyle Membership program receive a fully functional, bespoke 14-karat credit card engraved with their name, signature and a design. To create the cards, Aurae partnered with ... More

It would be a stretch to say Joan was an accidental real estate investor—no one buys buildings in New York City by accident. But it would be fair to say it wasn't on her list when she was first thinking about careers. "I thought I would teach forever," says Joan, ... More