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Millionaires & Billionaires Billionaires


  • 'Penta-Millionaires' Happier Than Merely Rich: Study Tuesday, 26 Feb 2013 | 2:45 PM ET

    "Penta-millionaires," those worth $5 million or more, are happier than the merely rich, a new study shows.

  • Wealthy Grant New York Taxman a Temporary Windfall Tuesday, 26 Feb 2013 | 11:31 AM ET
    Tom DiNapoli

    New York State's coffers are up $1.6 billion over last year, but the increase is due mostly to the wealthy shifting income into 2012 to avoid higher 2013 taxes.

  • Why the 1% Hate Deficits (And Why They May Be Right) Monday, 25 Feb 2013 | 3:18 PM ET

    The richest Americans pay to influence U.S. policy toward cost cutting to benefit themselves, said a new study. But they could also be doing the right thing for the economy.

  • Wealthy Chinese Shift Their Luxury Buying Overseas Monday, 25 Feb 2013 | 11:10 AM ET
    Harrods, London

    Wealthy Chinese are buying more luxury goods — just not at home. Here's where they're spending their money.

  • Italy Vote May Not Give Country What It Needs Thursday, 21 Feb 2013 | 7:51 PM ET

    Silvio Berlusconi's resurgence and the rise of a foul-mouthed populist comedian have thrown Italy's weekend election wide open, with deep uncertainty over whether the poll can produce a positive outcome.

  • DataDirect CEO on Cloud Computing Thursday, 21 Feb 2013 | 2:35 PM ET
    DataDirect CEO on Cloud Computing

    DataDirect CEO Alex Bouzari discusses the cloud computing industry, and what he has planned for his business this year.

  • Millionaire Spaceflier Eyes 2018 Mars Mission Thursday, 21 Feb 2013 | 11:56 AM ET
    Dennis Tito, most widely known as being the first space tourist back in mid-2001.

    Dennis Tito, who paid a reported $20 million for a ride on a Russian spacecraft, is said to be backing a privately funded, possibly manned, shot at Mars.

  • Property Poses Biggest Risk to Hong Kong Economy Wednesday, 20 Feb 2013 | 6:32 PM ET

    Just three months after Hong Kong rolled out a tough new round of property cooling measures, home prices have again climbed to record highs with demand unusually strong for new flats.

  • The Billionaire Challenge Wednesday, 20 Feb 2013 | 2:26 PM ET
    The Billionaire Challenge

    Mark Zuckerberg, Sergey Brin and Yuri Milner are teaming up to create the biggest award for real-life science research. CNBC's Jon Fortt has the details.

  • Global Philanthropic Initiative Wednesday, 20 Feb 2013 | 1:42 PM ET
    Global Philanthropic Initiative

    Mark Zuckerberg, Sergey Brin and Yuri Milner are launching a new foundation with designs on the Nobel Prizes, with CNBC's Jon Fortt.

  • Billionaire U: Why Harvard Mints Mega-Rich Alums Wednesday, 20 Feb 2013 | 11:18 AM ET
    Harvard University skyline.

    Harvard leads all universities with some 52 billionaire alumni with a collective fortune of $205 billion, according to a global list of universities.

  • Loeb Trims Position in Herbalife Tuesday, 19 Feb 2013 | 10:37 AM ET
    Loeb Trims Position in Herbalife

    Billionaire investor Dan Loeb is trimming back his position in Herbalife, reports CNBC's Scott Wapner.

  • Millionaires Say They’re Better Off Than in 2007 Saturday, 16 Feb 2013 | 9:12 AM ET

    American millionaires say they are better off than they were at their 2007 peak.

  • Russian Billionaire's Mega-Yacht Makes Waves in NYC Thursday, 14 Feb 2013 | 4:38 PM ET
    'Eclipse' owned by Russian businessman Roman Abramovitch.

    Mystery surrounded the appearance of Russian billionaire Roman Abramovich's 533-foot yacht, Eclipse, at a berth in mid-town Manhattan.

  • Mega Yacht Making Waves Thursday, 14 Feb 2013 | 2:46 PM ET

    CNBC's Robert Frank reports that the world's largest private yacht, owned by a reclusive Russian billionaire, is docked in Manhattan. The question is why? (1:44)

  • Why Luxury Brands Are Celebrating China New Year Tuesday, 12 Feb 2013 | 9:30 AM ET
    The Year of the Snake.

    As Chinese tourists travel abroad for New Year this week, they will show why the Chinese consumer is considered the top spender in luxury worldwide.

  • Stars of 'Nerd Philanthropy' Dominate Top 50 Givers Monday, 11 Feb 2013 | 9:00 AM ET
    Mark Zuckerberg and Priscilla Chan

    Three of the top five on the Chronicle of Philanthropy's 2012 list of Most Generous Donors are under 40 – the largest number of young donors at the top ever.

  • Three of Dell's largest investors joined Southeastern Asset Management on Friday in objecting to a $24.4 billion buyout of the No. 3 PC maker led by Chief Executive Michael Dell, sources said, as opposition grows to the largest buyout since the start of the financial crisis.

  • Is Obama Ready for a Billionaire in His Cabinet? Friday, 8 Feb 2013 | 2:18 PM ET
    Penny Pritzker

    Penny Pritzker, a possible nominee for commerce secretary, has never been comfortable with the title "billionaire." Her wealth could also be an odd fit in the Obama White House.

  • Weathering Europe's economic storm, London auctions this week netted more than $440 million as bidders snapped up high-profile works by Picasso, Modigliani, and Morisot.