DANA POINT, Calif.— Billionaire industrialist and conservative political donor Charles Koch welcomed a group of roughly 450 like-minded fundraisers to one of his twice-annual conferences Saturday by challenging them to advocate for ending "corporate cronyism"- even if those policies help their businesses. The Koch brothers and their network of donors, many...» Read More
The majority of Americans have higher incomes than their parents, but it is still not enough to move most of them into a higher bracket — especially those at the bottom, USA Today reports.
There's a battle underway in the surf-side playground of the rich and famous, reports CNBC's Robert Frank.
Traditionally it was poverty that caused social ills. But the evidence that wealth makes people callous is starting to mount.
Investor Carl Icahn updates "Fast Money" on what he wants to see happen to a company he calls a "very undervalued asset."
Billionaire investor Carl Icahn questioned the timing of certain stock sales by Forest Laboratories' CEO Howard Soloman today, and discusses his concerns over its corporate governance.
A Morgan Stanley strategist has come up with a new yard-stick for national competitiveness: the billionaire indicator.
Affluent women are more likely to vote for Obama, but on the whole, affluent and wealthy voters are leaning toward Romney, reports CNBC's Robert Frank.
Excalibur Almaz will charge wannabe astronauts an average of £100 million for a six to eight month journey exploring deep space
To meet the demand, companies have sprung up around the world to reinforce and bulletproof cars and trucks — a practice known as “up-armoring.”
High-end New York brokers were asked: If your client were spending $30 million or more, what five apartments would you show them?
CNBC flew to Nebraska to spend some time with Warren Buffett bodyguard Dan Clark during a two-day executive training session he organized for dozens of security guards.
For the average American, a home alarm system may be the extent of his or her security detail. But the super-rich are taking security to a new high in technology and price.
Whether it’s wealthy French or Americans fleeing the prospect of higher taxes or wealthy Russians and Chinese trying to escape political uncertainty, millionaires and billionaires around the world are migrating like never before, according to government statistics and relocation experts.
According to Forbes, only 8.5 percent of the world’s 1,226 billionaires are women. Why aren't there more?
In China, more than 2,800 women gathered to meet, and possibly marry, a group of 11 men purportedly worth a billion yuan.
How new millionaires can hold on to their riches, with David Greenberg, Greenberg Capital founder and James Altucher, Formula capital managing director. "People would pass me on the street and ask to borrow money," says Altucher.
Donald Trump, Trump Organization chairman & president, sounds off on whether Facebook's Mark Zuckerberg will obtain a prenuptial agreement if he marries his girlfriend, with the "Squawk Box" crew.
CNBC's Kate Kelly reports on the details of legendary energy trader and billionaire hedge fund manager John Arnold choosing to retire and dedicate himself to philanthropy.
The Senate is set to vote on the "Buffett Rule," President Obama's tax proposal that would require people making more than a million dollars a year to pay a minimum tax rate of 30 percent. Gene Sperling, White House economic adviser, shares the Administration's perspective.
Despite the Internal Revenue Service's promise to bring new scrutiny to the super rich, a new report finds that of nearly 8,300 individuals with income of $10 million or more, as few as a dozen may have been audited.