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  • World's most expensive book ever sold     Wednesday, 27 Nov 2013 | 2:58 PM ET

    CNBC's Robert Frank reports the details on the most expensive book ever sold at Sotheby's for $14.2 million.

  • Auto sales to pop?     Wednesday, 27 Nov 2013 | 1:51 PM ET

    CNBC's Phil LeBeau, Robert Frank and Tyler Mathisen weigh in auto sales as Black Friday approaches. LeBeau says it's a fantastic time for dealerships because people are off for the long holiday weekend.

  • Think taxes chase away millionaires? Think again Wednesday, 27 Nov 2013 | 9:12 AM ET

    New data on the population of millionaires suggest little connection between tax rates and a state's population of millionaires.

  • Did Angelina Jolie buy a private island?     Tuesday, 26 Nov 2013 | 11:45 AM ET

    CNBC's Robert Frank debunks rumors Angelina Jolie bought a private island for Brad Pitt's 50th birthday.

  • Sorry Brad! Angelina didn't buy this island for you Tuesday, 26 Nov 2013 | 11:40 AM ET
    Angelina Jolie and Brad Pitt

    Angelina Jolie did not buy a private island in upstate New York for Brad Pitt's 50th birthday, according to people close to the situation.

  • China's rich flee the country—with their fortunes Monday, 25 Nov 2013 | 5:20 PM ET

    It's one of the largest wealth migrations of our time: hundreds of billions of dollars, and waves of millionaires flowing out of China to overseas destinations.

  • China wealth flight     Monday, 25 Nov 2013 | 3:44 PM ET

    CNBC's Robert Frank reports on the mass exodus of wealthy Chinese citizens and where their money is flowing. Frank says the Chinese are making their money in China, but investing it overseas.

  • Record breaking wine auction     Monday, 25 Nov 2013 | 2:58 PM ET

    CNBC's Robert Frank reports a case of Romanee-Conti burgundy sold $476,000 at auction in Hong Kong.

  • Thirst for pricey wine: $39,700 bottle sets record Monday, 25 Nov 2013 | 11:31 AM ET
    Romanée-Conti, vintage 1990

    A case of 1978 Romanée-Conti Grand Cru set a record for the brand at $39,7000 a bottle, making it one of the most expensive cases ever sold at auction.

  • Following Chinese capital     Monday, 25 Nov 2013 | 10:43 AM ET

    CNBC's Robert Frank reports where the richest Chinese buyers are investing. China's wealthiest man, Wang Jianlin, bought a Picasso for $28 million, Frank reports.

  • Wealthy flee China     Monday, 25 Nov 2013 | 6:44 AM ET

    CNBC's Eunice Yoon reports on wealthy Chinese people who are moving overseas for more personal freedoms, an unpolluted environment and to give their children a good education.

  • J.C. Penney dropped from S&P 500 index Friday, 22 Nov 2013 | 6:29 PM ET

    J.C. Penney is getting booted from the Standard & Poor's 500 index after losing more than half of its market value this year.

  • Auto auction: Zero to $62 million in 2 hours Friday, 22 Nov 2013 | 10:53 AM ET
    1964 Ferrari 250 LM sold for $14million during an auction at Sotherby's.

    The "Art of the Automobile" auction held by Sotheby's and RM Auctions surpassed its estimate of $50 million Thursday, when it sold off 31 gleaming vintage cars.

  • Invest like a billionare     Thursday, 21 Nov 2013 | 2:55 PM ET

    CNBC's Robert Frank reports on the investing habits of the super rich and common mistakes they tend to make.

  • 'Stop bashing the rich,' says London's mayor Wednesday, 20 Nov 2013 | 12:06 PM ET
    London Mayor Boris Johnson

    London's Mayor Boris Johnson says rather than attacking the rich for their wealth, the public should be thanking them for their taxes and spending.

  • Rupert Murdoch divorce settlement approved     Wednesday, 20 Nov 2013 | 10:31 AM ET

    CNBC's Robert Frank reports on the terms of Rupert Murdoch and Wendi Deng's divorce settlement.

  • Good luck selling mutual funds to Twitter employee Tuesday, 19 Nov 2013 | 9:00 AM ET
    Twitter's founders were on hand to launch the company's IPO at the NYSE on Nov. 7, 2013.

    Silicon Valley's suddenly wealthy won't be doing mutual funds and muni bonds. Start-up millionaires just don't do "traditional" when it comes to investing.

  • Qatar named fastest growing luxury hotspot Tuesday, 19 Nov 2013 | 8:59 AM ET

    The Middle East has the potential to become the world's fastest-growing luxury market, according to a new report.

  • And the country with the youngest billionaires is... Tuesday, 19 Nov 2013 | 9:04 AM ET

    China may not have the most billionaires, but it does have the youngest.

  • Watch out Tesla, here comes Cadillac's ELR Tuesday, 19 Nov 2013 | 8:55 AM ET
    Cadillac ELR extended-range luxury hybrid.

    Cadillac's ELR and Tesla's Model S will be competing in the rarefied air of models selling for more than $75,000.

 

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