Millionaires & Billionaires Billionaires


  • 'Little Pastry Chef' to Bring Millions at Auction Friday, 17 May 2013 | 4:01 PM ET
    Chaim Soutine’s “Little Pastry Chef”

    There will likely be nothing working class about the new owner of Chaim Soutine's "Little Pastry Chef," one of the painter's series of works depicting anonymous Parisian workers.

  • What's Zuckerberg Worth? Friday, 17 May 2013 | 11:54 AM ET
    What's Zuckerberg Worth?

    The CEO of Facebook has seen his personal wealth fluctuate between a high of $19.14 billion to a low of $8.92 billion over the past year, reports CNBC's Robert Frank.

  • Huge Diamond Sold at Auction for $26.7 Million Thursday, 16 May 2013 | 2:29 PM ET
    The pear-shaped diamond weighing approximately 101.73 carats recently sold at auction for just under, $27 million.

    A huge diamond unearthed in Botswana commanded an unearthly price of $26.7 million from Christie's auction house Wednesday amid the spring ritual of well-heeled bidders flocking or phoning in to Geneva's luxury sales.

  • Trend or Stunt? Maserati Smashed in China...Again Thursday, 16 May 2013 | 11:31 AM ET
    A wealthy Chinese businessman hired a crew to smash his Maserati Quattroporte at the Qingdao Auto Show. Here, the crew takes sledgehammers to the windshield of the supercar.

    A wealthy Chinese businessman hired a crew to smash his Maserati with sledgehammers to protest poor customer service, but the story is similar to another incident. Is this a trend or a stunt?

  • Billionaire Paulson's Big Housing Bet Thursday, 16 May 2013 | 1:21 AM ET

    The billionaire bet more heavily on mortgage insurers, suggesting he expects the housing recovery to continue.

  • Art Bubble About to Pop? Wednesday, 15 May 2013 | 2:41 PM ET
    Art Bubble About to Pop?

    The art auctions in New York this week are fetching some huge prices, with CNBC's Robert Frank.

  • Art Market Is '100 Percent a Bubble': Novogratz Wednesday, 15 May 2013 | 2:04 PM ET
    A woman bids at auction.

    Michael Novogratz of Fortress Investment Group said the art market is "100 percent a bubble," and he predicts it will be the next gold.

  • Wealthy Pour More Money Into Vineyards Wednesday, 15 May 2013 | 6:56 AM ET

    The world's wealthy are pouring more of their fortunes into prime vineyards, and brokers say demand is rising for raw acreage as well, prompting Christie's to start a new real estate service.

  • Mansion Price Cuts in Gatsby Country Friday, 10 May 2013 | 2:24 PM ET
    Scene from "The Great Gatsby."

    In Jay Gatsby's time, the mansions along Long Island's Gold Coast were famous for their excess and price tags. Now, they're more famous for their price cuts.

  • How the Rich are Saving the US Thursday, 9 May 2013 | 2:52 PM ET
    How the Rich are Saving the US

    Taxes paid by the nation's top earners are putting government back in the black, reports CNBC's Robert Frank.

  • Tax Collections From Wealthy Are Saving Government Wednesday, 8 May 2013 | 2:59 PM ET

    Taxes paid by the top earners are putting the U.S. back in the black, according to the Congressional Budget Office.

  • CNBC Transcript: Warren Buffett and Bill Gates Wednesday, 8 May 2013 | 12:21 PM ET
    Warren Buffett speaks with Squawk Box's Becky Quick in Omaha, Nebraska.

    This is an unofficial transcript of Warren Buffett and Bill Gates appearing live on CNBC's Squawk Box on Monday, May 6, 2013 from 6 am ET to 9 am ET.

  • There May Be More to Ferrari Cuts Than Status Wednesday, 8 May 2013 | 11:20 AM ET

    Ferrari is capping production this year. The stated reason: status protection. But what's the reality? Some experts think it may be a sign of lower demand for the luxury car.

  • Where the Millionaires Are Might Surprise You Tuesday, 7 May 2013 | 2:53 PM ET

    If you were looking for millionaires, you'd probably head to London or New York or Monaco. But you might be better off trying Tokyo.

  • Taxman Sends Message With Lauryn Hill Verdict Tuesday, 7 May 2013 | 1:59 PM ET
    Lauryn Hill leaves court in Newark, N.J. Hill pleaded guilty in June 2012 for failing to pay federal taxes on $1.8 million earned from 2005 to 2007.

    Tax attorneys say celebrities like Grammy Award winner Lauryn Hill are often sentenced and prosecuted more vigorously so that officials can send a message to the public.

  • Ralph Lauren’s New $700,000 Supercar Tuesday, 7 May 2013 | 11:19 AM ET
    The RUF CTR-3 pictured here is not Ralph Lauren’s actual vehicle, but he is driving a similar one in silver. RUF has sold 25 CTR-3’s since the product was launched in 2007, and only three of those were sold in the U.S.

    Ralph Lauren, the fashion mogul and vintage-car collector, recently took delivery of a new RUF CTR-3, according to people familiar with the deal.

  • Newer Art Works Expected to Lead Auction Boom Monday, 6 May 2013 | 2:48 PM ET
    Christie's Impressionist & Modern Art and Post-War & Contemporary sales preview.

    What are art lovers interested in this spring? A peek at the billion dollars worth of art on offer at Christie's and Sotheby's.

  • Countries Woo Rich Chinese With Foreign Visas Monday, 6 May 2013 | 1:47 PM ET

    Wealthy Chinese are on a global shopping spree. Along with handbags, art and condos, they're also buying foreign visas.

  • Bill Gates and Warren Buffett speak on CNBC's Squawk Box in Omaha, Nebraska.

    Billionaires Bill Gates and Warren Buffett said limits on charitable deductions could hurt giving—but only among the lesser rich.

  • Perelman: High Taxes for the Rich, but Not This One Thursday, 2 May 2013 | 2:08 PM ET
    Ron Perelman chairman and CEO of MacAndrews & Forbes

    Most of the wealthy have a binary view of taxes: less or more. But billionaire Ronald Perelman has a more nuanced view. He believes income taxes should be high for the wealthy, but the estate tax should be abolished.