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  • Orange is the new diamond     Friday, 25 Oct 2013 | 11:57 AM ET

    CNBC's Robert Frank reports on the world's largest known vivid orange diamond. The megastone is 14.82 carats and is expected to auction for $17 million to $20 million.

  • Bubble brewing in the Hamptons?     Thursday, 24 Oct 2013 | 2:59 PM ET

    The Hamptons saw the best Q3 since 2005, with total sales increasing a little over 31 percent year-to-date, reports CNBC's Robert Frank.

  • Rich snatch up homes in the Hamptons Thursday, 24 Oct 2013 | 12:01 PM ET
    This two-story oceanfront home in Amagansett recently sold for $11 million. It has four bedrooms, two baths and a tennis court.

    Real estate sales in the Hamptons posted the strongest third-quarter results in eight years.

  • Indian billionaires get a pass in the press Wednesday, 23 Oct 2013 | 8:21 PM ET
    Kumar Mangalam Birla

    Indian journalism appears bold while attacking the prime minister and subdued when it had to investigate a billionaire. The NYT reports.

  • Poor little rich girl     Tuesday, 22 Oct 2013 | 4:50 PM ET

    Rachael Sacks, a New York college student, wrote she was rudely treated by a cashier in a grocery store because she looked wealthy. CNBC's Robert Frank has the details. Jack Welch, former GE CEO, weighs in.

  • 'Poor' rich girl speaks out     Tuesday, 22 Oct 2013 | 2:54 PM ET

    Rachael Sacks wrote an article on Thought Catalog after a grocery store cashier gave her a dirty look because she looked wealthy. CNBC's Robert Frank has the details of the controversy.

  • CEO pay skyrockets on soaring stock market Tuesday, 22 Oct 2013 | 11:37 AM ET
    Mark Zuckerberg, Facebook

    USA Today reports CEO salaries are rising with the stock market with top payouts at a record $4.7 billion and are likely to get even fatter next year.

  • Reviled 'rich girl' calls critics 'idiots' Tuesday, 22 Oct 2013 | 11:13 AM ET
    Rachael Sacks

    Rachael Sacks said she has no intention of apologizing or flip-flopping on her views about wealth discrimination. A person's a person, she seems to argue, no matter how rich.

  • Tommy Hilfiger selling Plaza Hotel penthouse     Tuesday, 22 Oct 2013 | 6:53 AM ET

    The preppy designer is placing his luxurious penthouse on the market for $80 million, reports CNBC's Robert Frank.

  • Ultimate Hilfiger accessory: His $80 million condo Monday, 21 Oct 2013 | 8:00 PM ET
    Tommy Hilfiger list his $80million penthouse at Plaza.

    Fashion tycoon Tommy Hilfiger is listing his duplex at the Plaza Hotel for $80 million, making it one of the most exclusive condo listings in Manhattan.

  • Wealthy could lose big if Fed stops money flow Monday, 21 Oct 2013 | 12:33 PM ET

    While the wealthy don't show any signs of worrying about the effects of tighter money, they should be, according to economist Marc Faber.

  • Miami—the new Hamptons? Friday, 18 Oct 2013 | 1:35 PM ET
    The Apogee South Beach, one of Miami's most expensive towers

    Wealthy young New York families are making up for the removal of Latin Americans as buyers of luxury digs, real estate pros say.

  • Tesla's Elon Musk wants to make sub car a reality Friday, 18 Oct 2013 | 12:05 PM ET

    The CEO snapped up the Lotus body for $989,000, and confirmed plans to turn the prop into a real, working sub car using a Tesla electric drivetrain.

  • Billionaires' love affair with journalism Friday, 18 Oct 2013 | 10:08 AM ET
    Pierre Omidyar, chairman and founder of eBay Inc.

    Deep-pocketed, high-profile individuals are pouring millions of dollars into these money-losing businesses, often without any goal of earning a return.

  • Titanic violin shatters previous record at auction Saturday, 19 Oct 2013 | 11:20 AM ET

    The violin famously played by the Titanic's bandmaster as the ship sank on its maiden voyage in 1912 sold for £900,000 ($1,454,400) at auction on Saturday.

  • Teaching kids charity? Skip the soup kitchen trip Friday, 18 Oct 2013 | 6:00 AM ET

    Teaching charity is important, but taking your kids to work at a soup kitchen during the holidays is not the way to do it. Here's what works.

  • China's 2% account for third of world luxe sales Thursday, 17 Oct 2013 | 11:37 AM ET

    A new report from A.T. Kearney finds that just 2 percent of China's population accounts for about a third of all of the world's luxury consumption.

  • Inside a $54 million Malibu mansion     Wednesday, 16 Oct 2013 | 1:44 PM ET

    CNBC's Robert Frank shares a peak at Wednesday's season finale of "Secret Lives of the Super Rich."

  • How the Spanx founder failed her way to billions     Wednesday, 16 Oct 2013 | 1:41 PM ET

    Sara Blakely, founder and inventor of Spanx shares her father's parenting strategy of encouraging failure. CNBC's Robert Frank reports.

  • Spanx billionaire's secret to success: Failure Wednesday, 16 Oct 2013 | 11:36 AM ET
    Sara Blakely

    When Sara Blakely was growing up, her father would ask her: "What have you failed at this week?" That acceptance helped feed her later success.

 

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