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Millionaires & Billionaires Billionaires


  • Haute Wheels: The $1.6 Million Dollar Huayra Monday, 7 Jan 2013 | 10:44 AM ET
    Pagani Huayra: Take a $1.6 Million Dollar Ride

    CNBC's Robert Frank reports more than a dozen Americans have paid more than a million dollars for the much-hyped super car.

  • Buffett the $3 Billion Gorilla of 2012's Top Givers Tuesday, 1 Jan 2013 | 1:01 AM ET
    Warren Buffett

    Subtract the Oracle of Omaha's charitable donations for this past year, and the total of the top 15 donors would be far less than last year’s $2.6 billion.

  • Manila Primes for Casino Boom Despite Graft Spotlight Thursday, 27 Dec 2012 | 10:00 AM ET

    Philippines has ambitions to join Macau and Singapore among the ranks of Asia's top gaming destinations. Buoyed by stellar economic growth, the casino rush is starting.

  • Herbalife to Host Analyst Day in Response to Ackman Friday, 21 Dec 2012 | 9:50 AM ET

    Nutrition company Herbalife plans to host an analyst day shortly after the New Year, in response to a battery of charges leveled at the company by hedge fund guru Bill Ackman.

  • Ackman Defends Calling Herbalife a ‘Pyramid Scheme’ Thursday, 20 Dec 2012 | 9:31 AM ET
    Ackman: Why I Am Shorting Herbalife

    Hedge Fund guru Bill Ackman strongly defended his characterization of Herbalife,as a "pyramid scheme" on Thursday, telling CNBC that the nutrition company was luring "millions of low income people around the world" into a system he called fraudulent.

  • Herbalife Disputes Ackman's Claim of 'Pyramid Scheme' Wednesday, 19 Dec 2012 | 4:18 PM ET
    Bill Ackman CEO of Pershing Square Capital Management LP.

    Hedge-fund manager Bill Ackman is short Herbalife and has told people he considers the business a “pyramid scheme.” Herbalife CEO Michael Johnson sharply denied the allegations.

  • Gift Tax Heads Toward Cliff Friday, 14 Dec 2012 | 7:25 PM ET
    Gift Tax Heads Toward Cliff

    Currently, couples can give away $10 million in lifetime gifts without paying transfer taxes, but President Obama has now proposed that couples be limited to $1 million in gifts, and any additional gifts be taxed at 55 percent. CNBC's Robert Frank has the details.

  • Europe's Leaders Promise Further Steps to Quell Crisis Thursday, 13 Dec 2012 | 10:46 PM ET

    Europe's leaders agreed to press on with further steps to shore up their finances and sustain momentum in tackling the debt crisis on Friday, a day after clinching a deal on banking supervision and approving long-delayed aid to Greece.

  • How the GOP Engineered a Blow to the Unions Thursday, 13 Dec 2012 | 3:57 AM ET

    From outside Michigan Republican circles, it appeared that the Republican drive to weaken unions came out of the blue - proposed, passed and signed in a mere six days.

  • Billionaires: Raise My Taxes, Please! Tuesday, 11 Dec 2012 | 4:20 PM ET
    Billionaires: Raise My Taxes, Please!

    CNBC's Robert Frank reports some high-profile billionaires, including Warren Buffett, John Bogle and Norman Lear, are calling on Congress to raise their taxes.

  • Steven A. Cohen, Founder and CEO of SAC Capital.

    U.S. authorities are investigating Steven A. Cohen's SAC Capital Advisers hedge fund for alleged insider trading in the shares of the popular diet company Weight Watchers International, according to people familiar with the matter.

  • Billionaire Green Sells Topshop Stake to US Group Thursday, 6 Dec 2012 | 4:31 AM ET
    Philip Green, the billionaire owner of fashion retailer Arcadia Group Ltd

    British retail billionaire Philip Green on Thursday sold a 25 percent stake in Topshop and Topman to U.S. private equity firm Leonard Green and Partners in a deal that values the popular high street chain at 2 billion pounds.

  • Millionaires Teetering on the 'Cliff' Monday, 3 Dec 2012 | 11:21 AM ET
    Millionaires Teetering on the 'Cliff'

    CNBC's Robert Frank takes a look at what would happen to the nation's wealthiest individuals if lawmakers do not reach a debt deal.

  • Step Inside a $95M Mansion in the Sky Friday, 30 Nov 2012 | 10:54 AM ET
    $95 Million Mansion in the Sky

    CNBC's Robert Frank takes you inside one of the world's most expensive apartments in the "Million Dollar Minute."

  • Why Warren Buffett is 'Tap Dancing to Work,' PT 2 Wednesday, 28 Nov 2012 | 8:16 AM ET
    Why Warren Buffett is 'Tap Dancing to Work,' PT 2

    Warren Buffett, Berkshire Hathaway chairman & CEO, and Carol Loomis, Senior Editor-at-Large at Fortune Magazine, talk about the "Buffett Rule" and tax reform. "What you'll get from me is 35%," Buffett says.

  • Why Warren Buffett is 'Tap Dancing to Work,' PT 1 Wednesday, 28 Nov 2012 | 8:03 AM ET
    Why Warren Buffett is 'Tap Dancing to Work,' PT 1

    Warren Buffett, Berkshire Hathaway chairman & CEO, and Carol Loomis, Senior Editor-at-Large at Fortune Magazine, talk about the investment style of the billionaire investor. He is a consistent thinker, adds Loomis.

  • Advice for the $500 Million Powerball Winner Tuesday, 27 Nov 2012 | 4:49 PM ET
    Advice for the $500 Million Powerball Winner

    CNBC's Robert Frank offers advice for the Powerball Jackpot winner. Carol Pepper, Pepper International, weighs in. "If you win, the first thing you should do is not tell anyone until you get a security plan in place," she says.

  • If You Won $500 Million... Tuesday, 27 Nov 2012 | 1:48 PM ET
    If You Won $500 Million...

    The Powerball Jackpot is now $500 million. CNBC's Robert Frank spoke with wealth advisors of the super-rich who offered tips for the winner of the jackpot.

  • Abramovich’s Management Style Raises Many Questions

    U.K. soccer team Chelsea have this week sacked their eighth manager in nine years which has lead to criticism from numerous pundits and fans up and down the country. It’s also raised questions about the owner of the team, Roman Abramovich’s style of management and why people would want to work for him.

  • SAC's Cohen Caught in the Crosshairs Wednesday, 21 Nov 2012 | 10:27 AM ET
    SAC's Cohen Caught in the Crosshairs

    CNBC's Kate Kelly has the latest details on hedge fund billionaire, Steve Cohen.