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Millionaires & Billionaires Billionaires

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  • US Falls Behind in Creating Rich Entrepreneurs Monday, 17 Jun 2013 | 1:03 PM ET

    America may be falling behind the rest of the world when it comes to creating entrepreneurial wealth, a study shows.

  • Rupert Murdoch to Divorce Wife of 14 Years Friday, 14 Jun 2013 | 7:31 AM ET
    Rupert Murdoch to Divorce Wife of 14 Years

    If history is any indication, the billionaire's divorce from his third wife will cost him plenty, reports CNBC's Robert Frank.

  • What's a Mogul to Do? Towns With Mansion Shortages Thursday, 13 Jun 2013 | 10:48 AM ET
    This $8.2 million Carmel, Calif., home is still on the market.

    While housing inventory is falling throughout the country, it's been falling especially fast in some of the country's richest ZIP codes, creating a mansion shortage.

  • America's Own 'Versailles' to Be Completed in 2015 Wednesday, 12 Jun 2013 | 4:36 PM ET
    The Bravo reality show Queen of Versailles with Jackie and David Siegel

    After halting construction four years ago on their 90,000-square-foot home—called Versailles—just outside Orlando, Fla., David and Jackie Siegel have restarted work.

  • Mega-Broker to Rich Dolly Lenz Departs Elliman Wednesday, 12 Jun 2013 | 10:25 AM ET
    I. Dolly Lenz, vice chairwoman, Prudential Douglas Elliman

    I. Dolly Lenz, who has brokered more than $8 billion in deals over 25 years and has long been on the top real-estate deal-makers in New York, is leaving Douglas Elliman Real Estate.

  • Slim Supports Low Interest Rates Tuesday, 11 Jun 2013 | 1:21 PM ET
    Slim Supports Low Interest Rates

    Mexican billionaire Carlos Slim thinks the central banks' easy money is all good, with CNBC's Michelle Caruso-Cabrera.

  • Why Mexico Excites Billionaire Carlos Slim.. Potential Tuesday, 11 Jun 2013 | 12:51 PM ET
    Why Mexico Excites Billionaire Carlos Slim.. Potential

    CNBC's Michelle Caruso-Cabrera spoke with Mexican billionaire Carlos Slim about why he thinks Mexico is the best place to invest right now. And, Fast Money trader Josh Brown reveals how he's managing his bearish call on Microsoft.

  • Carlos Slim's Wallet Takes A Hit Tuesday, 11 Jun 2013 | 10:10 AM ET
    Carlos Slim's Wallet Takes A Hit

    The billionaire telecom titan has slipped in rankings of the world's richest men, reports CNBC's Michelle Caruso-Cabrera.

  • United Airlines' Elite Flyers: Stop Climate Change Tuesday, 11 Jun 2013 | 9:13 AM ET
    Tom Steyer speaks at Global Green USA's Millennium Awards at Fairmont Miramar Hotel on June 8, 2013 in Santa Monica, California benefiting the places, the people and the planet in need.

    A group of United Airlines' most frequent flyers, including billionaire investor Tom Steyer, asked the airline to stop blocking climate change actions.

  • Why Carlos Slim is 'Very Happy' About Price Caps Tuesday, 11 Jun 2013 | 8:42 AM ET
    Why Carlos Sims is ' Very Happy' About Price Caps

    In an exclusive interview, telecom titan Carlos Slim provides his take on Mexico's regulation of the telecom industry, which could force him to breakup America Movil.

  • Mexican Law Could Split Billionaire Slim's Business Tuesday, 11 Jun 2013 | 6:33 AM ET
    Mexican Law Could Split Billionaire Slim's Business

    In an extensive interview with CNBC's Michelle Caruso-Cabrera, billionaire Carlos Sims explains why he is not concerned about new regulations which could force the tycoon to overhaul his telecom business. Slim also comments on his contributions to philanthropy in an effort give back to Mexican society.

  • 2nd Richest Man on Wealth & Happiness Monday, 10 Jun 2013 | 4:54 PM ET
    Carlos Slim on Wealth & Happiness

    Carlos Slim has lost money from shares of America Movil, and according to estimates from Bloomberg and Forbes, Bill Gates is once again the richest man in the world, reports CNBC's Robert Frank.

  • Key to Getting Rich: Work, Risk or Luck? Monday, 10 Jun 2013 | 4:51 PM ET

    Some of the wealthy say luck played a role in their success, but many say other factors played a bigger role.

  • Carlos Slim's Philosophy on Wealth Monday, 10 Jun 2013 | 12:00 AM ET
    Carlos Slim's Philosophy on Wealth

    Carlos Slim, one of the world¿s richest men, sheds light on his philosophy on wealth by reading poetry in Spanish from Kahlil Gibran¿s ¿The Prophet.¿

  • Prince Alwaleed Suing Forbes for Libel Friday, 7 Jun 2013 | 1:32 PM ET
    Prince Alwaleed Suing Forbes for Libel

    Saudi Arabia's Prince Alwaleed bin Talal is suing Forbes for libel, reports CNBC's Robert Frank. Forbes estimated his wealth at $20 billion and Prince Alwaleed says he's worth $29.6 billion.

  • Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud and wife Princess Amira

    Savoy Hotel owner Prince Alwaleed bin Talal has decided to sue Forbes, claiming the magazine has underestimated his fortune.

  • Sale Puts Price on Peek Inside the Literary Mind Thursday, 6 Jun 2013 | 4:43 PM ET
    Jack Kerouac

    Two stunning collections of literary letters are up for sale in New York for more than $5 million.

  • Big Business of Art Thursday, 6 Jun 2013 | 2:58 PM ET
    Big Business of Art

    The world's 2,170 billionaires have an average of $31 million each of art, reports CNBC's Robert Frank.

  • Top 10 Billionaire Art Collections Thursday, 6 Jun 2013 | 2:36 PM ET
    A woman bids at auction.

    A new study found that the world's 2,170 billionaires hold an average of $31 million each of art, equal to 0.5 percent of their net worth. Here are the top 10 holders.

  • Global Luxury Sales Growth Could Halve This Year Wednesday, 5 Jun 2013 | 5:35 PM ET

    Bain & Co. predicts that growth in luxury sales will be up to 50 percent slower this year than last. The main reason: Chinese are breaking away from their gift-giving culture and trying not to be ostentatious.