A new survey from US Trust shows 88 percent of millionaires feel financially secure, and 56 percent have substantial cash holdings, reports CNBC's Robert Frank. Mark Martiak, Premier Wealth/First Allied and Carrie Coghill, Coghill Investment Strategies, discuss.» Read More
A new survey from US Trust shows 88 percent of millionaires feel financially secure, and 56 percent have substantial cash holdings, reports CNBC's Robert Frank. Mark Martiak, Premier Wealth/First Allied and Carrie Coghill, Coghill Investment Strategies, discuss.
Every parent should discuss financial matters with their children at some point, with CNBC's Robert Frank.
Every spring hundreds of yachts migrate from the Caribbean to the Mediterranean and some of them do it by boat, reports CNBC's Robert Frank. (1:00)
A growing number of companies are offering "yacht shipping" services, where yachts are loaded and carried on giant cargo ships to distant locations.
Survey after survey shows that the wealthy are back to pre-crisis boom years when it comes to their outlook for their own finances, their investments and their retirements. But many of them are still sitting on lots of cash.
Property is the main source of wealth for China's wealthiest women, a sign that the sector remains one with huge growth potential even as it contends with cooling measures, research firm Wealth-X said on Wednesday.
Read how many in China have climbed out of the poverty pit by unleashing their entrepreneurial spirit.
A new study from U.S. Trust suggests that millionaire parents often don't tell their children how rich they are until well into adulthood. In fact, most believed their kids should little about the family's wealth before the age of 25.
British luxury group Burberry posted a 14 percent rise in full-year pretax profit and said profit for the first half of its new fiscal year would be below last year's as it reduces its wholesale business in favor of retail markets.
Consider any information posted online to be public when it comes to your tax return, reports CNBC's Jackie DeAngelis.
Rep. Kevin Yoder (R-KS) shares his reaction to news the IRS targeted conservative groups. "Americans are expecting Congress and the Federal Government to get to the bottom of this, and to make sure this never happens again," he says.
David Karp stands to make more than $200 million on the sale of his Tumblr blogging site to Yahoo. But his father tells CNBC that money doesn’t motivate the young entrepreneur.
One small Florida town is buzzing over its newest millionaire, reports NBC's Kerry Sanders.
CNBC's Robert Frank has been looking at IRS audits and has found some troubling trends. Frank VanderSloot, Melaleuca CEO 7 founder, shares his thoughts about his own situation.
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.
How tax reform could get stalled by IRS-Gate, with CNBC's John Harwood. Representatives want to simplify the tax code and make it more transparent.
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.
The talk radio personality has reportedly bought a piece of oceanfront property that is the highest dollar deal recorded this year in the tony Florida town.
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.
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?