Wealth

The Hennessey Venom F5 concept vehicle is displayed during the 2018 Pebble Beach Concours d’Elegance in Pebble Beach, California, U.S., on Sunday, Aug. 26, 2018. David Paul Morris | Bloomberg | Getty Images For classic car fans, there’s only one place to be this week: California’s Monterey Peninsula where more than a dozen different events

1939 Porsche Type 64 Source: RM Sotheby’s This weekend, a sleek, vintage car that’s being called “the world’s first Porsche” heads to the auction block with an estimated price tag of over $20 million. There is just one problem: Porsche says the 1939 Porsche Type 64 isn’t the first Porsche ever made. In fact, it’s

The Hennessey Venom F5 concept vehicle is displayed during the 2018 Pebble Beach Concours d’Elegance in Pebble Beach, California, U.S., on Sunday, Aug. 26, 2018. David Paul Morris | Bloomberg | Getty Images Thousands of classic car fans are rolling onto California’s Monterey Peninsula for what has become one of the year’s most eagerly awaited

Attendees view cars on display during the 2015 Pebble Beach Concours d’Elegance in Pebble Beach, California, U.S., on Sunday, Aug. 16, 2015. David Paul Morris | Bloomberg | Getty Images It is the Coachella of classic cars, the Woodstock for wealthy wheel-freaks. It’s Monterey Car Week, which includes the Concours D’Elegance car awards show and

Jeffrey Epstein was worth an estimated $559 million, yet may have paid little in the way of personal income taxes. The now-deceased financier, accused of sexually assaulting and trafficking girls as young as 14, had more than $179 million in assets from real estate, including a New Mexico ranch, a home in Palm Beach, a

Bugatti’s La Voiture Noire Source: Bugatti 2019. The world’s most expensive new car makes its North American debut this week at the world’s premier luxury auto show, the Pebble Beach Concours D’Elegance, which kicks off Tuesday in Monterey, California. Bugatti debuted its one-of-a-kind $18.68 million La Voiture Noire, which translates to The Black Car, at

Judges view a 1964 Ferrari SpA 250LM Scaglietti Berlinetta vehicle during the 2015 Pebble Beach Concours d’Elegance in Pebble Beach, California. David Paul Morris | Bloomberg | Getty Images The Pebble Beach Concours kicks off Tuesday in Monterey, California, marking the start of the auto industry’s most prestigious annual event. Described as the Coachella for

Wheels Up is a new airline travel company co-founded by Bill Allard who stands in front of a new Beechcraft 350i King Air turbojet plane with only 30 hours on it. John Tlumacki | The Boston Globe | Getty Images Wheels Up, the private aviation start-up that counts Tom Brady and Serena Williams as members,

Apple, the tech giant best known for the iPhone, launched a credit card this week. It’s called the Apple Card, and it’s linked to your iPhone’s Wallet app and Apple Pay. Apple’s pitch with the card? It starts with cash and goes deep with security and design. This week, Jon Fortt takes a closer look

Borut Trdina | Getty Images Wealthy investors are trimming their stock positions, amid anxiety around a trade war and instability in Washington. Members of TIGER 21, an investment club for high-net-worth individuals, reduced their stock allocation to 21% from 22% during the second quarter, according to the group’s quarterly report. TIGER 21, a group of