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Millionaires & Billionaires Billionaires

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  • Voice for the world Friday, 24 Jan 2014 | 6:02 AM ET
    Voice for the world

    Nicholas Berggruen, Theworldpost.com, shares highlights from the World Economic Forum in Switzerland on global initiatives for the global economy.

  • Political unrest deals blow to Thai billionaire Tuesday, 21 Jan 2014 | 7:36 PM ET
    Dhanin Chearavanont, billionaire and chairman of Charoen Pokphand Group Co. (CP Group), pauses while attending a conference hosted by the Thailand-China Chamber of Commerce in Bangkok, Thailand.

    A local currency hit by months of political unrest, and skittish consumers spending less are keeping the pressure on Thai billionaire Dhanin Chearavanont.

  • TWC investors name their price for Charter deal Wednesday, 15 Jan 2014 | 3:44 PM ET

    A number of Time Warner Cable shareholders would support a merger with Charter Communications if Charter raises its current bid for the larger rival to $41 billion or more, according to people close to the matter.

  • Cohen's SAC Capital said to gain 20% for year Tuesday, 31 Dec 2013 | 4:23 PM ET
    Steven A. Cohen

    Billionaire investor Steven A. Cohen's SAC Capital Advisors returned 20.10 percent this year, even as it pleaded guilty to insider trading charges.

  • Helicopter crash after $40 million vineyard purchase Monday, 23 Dec 2013 | 1:43 PM ET
    Helicopter crash after $40 million vineyard purchase

    Police are still searching for a Chinese billionaire and French winemaker after their helicopter went down in the Bordeaux region of France, reports CNBC's Robert Frank.

  • Meet the $1,250-an-hour tutor Thursday, 12 Dec 2013 | 12:04 PM ET
    Nathaniel Hannan

    The world's millionaires and billionaires are seeking at-home teachers to help their children in the education race. For the tutors, it's a lucrative business.

  • Latest billionaires of 'Giving Pledge' Tuesday, 10 Dec 2013 | 1:53 PM ET
    Latest billionaires of 'Giving Pledge'

    CNBC's Robert Frank reports there are now 122 signers of the "Giving Pledge," which is a promise started by Bill Gates and Warren Buffett for billionaires to give away at least half of their wealth. Frank also provides insight into the mystery tipper.

  • A car sold for $100 million? It's likely by 2018 Monday, 9 Dec 2013 | 11:46 AM ET
    This 1967 Ferrari 275 GTB/4*S NART Spyder sold for $27.5 million in August.

    U.S. auction sales of collectible cars are set to reach an all-time high in 2013. Plus, why a car sold for $100 million is within reach.

  • The real facts about inequality Wednesday, 4 Dec 2013 | 12:37 PM ET
    A homeless woman stands in the street in New York.

    There is no question that inequality is disturbingly high. But the discussion around it is flawed by a disregard for actual data.

  • Think taxes chase away millionaires? Think again Wednesday, 27 Nov 2013 | 9:12 AM ET

    New data on the population of millionaires suggest little connection between tax rates and a state's population of millionaires.

  • China's rich flee the country—with their fortunes Monday, 25 Nov 2013 | 5:20 PM ET

    It's one of the largest wealth migrations of our time: hundreds of billions of dollars, and waves of millionaires flowing out of China to overseas destinations.

  • Thirst for pricey wine: $39,700 bottle sets record Monday, 25 Nov 2013 | 11:31 AM ET
    Romanée-Conti, vintage 1990

    A case of 1978 Romanée-Conti Grand Cru set a record for the brand at $39,7000 a bottle, making it one of the most expensive cases ever sold at auction.

  • Auto auction: Zero to $62 million in 2 hours Friday, 22 Nov 2013 | 10:53 AM ET
    1964 Ferrari 250 LM sold for $14million during an auction at Sotherby's.

    The "Art of the Automobile" auction held by Sotheby's and RM Auctions surpassed its estimate of $50 million Thursday, when it sold off 31 gleaming vintage cars.

  • 'Stop bashing the rich,' says London's mayor Wednesday, 20 Nov 2013 | 12:06 PM ET
    London Mayor Boris Johnson

    London's Mayor Boris Johnson says rather than attacking the rich for their wealth, the public should be thanking them for their taxes and spending.

  • Berg: 'Huge' life sciences opportunity Tuesday, 19 Nov 2013 | 4:38 PM ET
    Berg: 'Huge' life sciences opportunity

    Carl Berg, billionaire venture capitalist and co-founder, Berg and Berg, sees huge opportunities in life sciences. Berg Pharma has the opportunity to revolutionize health care by using biology to determine differences between a healthy and unhealthy person.

  • And the country with the youngest billionaires is... Tuesday, 19 Nov 2013 | 9:04 AM ET

    China may not have the most billionaires, but it does have the youngest.

  • China has a word for its crass new rich Friday, 15 Nov 2013 | 12:32 PM ET

    China has a word for its flashy new rich: Tuhao (tu means “crass” and “hao” means rich). And it’s quickly gaining global traction.

  • Art collecting: A billionaire's hobby Thursday, 14 Nov 2013 | 5:20 AM ET
    Art collecting: A billionaire's hobby

    Marion Maneker, publisher of Art Market Monitor, discusses the art market following a Sotheby's auction and says there's been a appreciation in the modern art market driven by an expansion in collectors and buyers.

  • Microsoft ditches worker ranking system Wednesday, 13 Nov 2013 | 1:51 PM ET
    Microsoft ditches worker ranking system

    Microsoft is eliminating its long-standing practice of evaluating employees on a bell curve in an effort to foster more team-work and collaboration. CNBC's Bob Pisani and Kayla Tausche weigh in on the company's new direction.

  • iBillionaire Index: Investing like a billionaire Wednesday, 13 Nov 2013 | 1:44 PM ET
    iBillionaire Index: Investing like a billionaire

    CNBC's Robert Frank breaks down the iBillionaire Index, which tracks 30 large cap equities in the S&P. The index is said to allow you to invest like billionaires do, but with limits.