Ferrari on course for €1bn annual profit as supercar demand rises

Worldwide sales of Ferraris, Bentleys, Lamborghinis, McLarens and Rolls-Royces have risen 51% over the past five years

Christian Candy sells New York penthouse after slashing price

Developer, who is locked in a bitter court dispute with a former friend, has sold or remortgaged £300m of assets in past year

Global super-rich agreeing to rent luxury London homes without visiting

High-end estate agents say smartphones have transformed lettings and the wealthy are making decisions based on video tours

High living, low sales: Shard apartments still empty, five years on

Luxury flats with a price tag of up to £50m were touted as an easy sell – yet have failed to shift as the London market slows

What am I bid? Prices go through the roof at Christie’s handbag auction

A Hermès or a Birkin is now a high-performing investment as well as a fashion statement after years of record prices

UK millionaires think Brexit will make them even richer, survey finds

Rich ‘now taking a more positive view’ of Britain’s departure from the EU, UBS Wealth Management finds