Billionaires are holding mountains of cash, offering the latest sign that the ultra-wealthy are nervous about putting more money into today's markets.» Read More
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.
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.
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.
The preppy designer is placing his luxurious penthouse on the market for $80 million, reports CNBC's Robert Frank.
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.
While the wealthy don't show any signs of worrying about the effects of tighter money, they should be, according to economist Marc Faber.
Wealthy young New York families are making up for the removal of Latin Americans as buyers of luxury digs, real estate pros say.
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.
Deep-pocketed, high-profile individuals are pouring millions of dollars into these money-losing businesses, often without any goal of earning a return.
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 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.
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.
CNBC's Robert Frank shares a peak at Wednesday's season finale of "Secret Lives of the Super Rich."
Sara Blakely, founder and inventor of Spanx shares her father's parenting strategy of encouraging failure. CNBC's Robert Frank reports.
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.
Remember that test we all had to take back in high school that was supposed to let you know what job you might be well suited for one day? These five jobs were nowhere on that list.
The CEO of Burberry Angela Ahrendts is leaving the company to head Apple's retail division. Peter Blair, dean of NYU Stern School of Business; and CNBC's Jon Fortt and Robert Frank, discuss whether "ivy leaguers" are still at the top of businesses.
The CEO of Burberry Angela Ahrendts is leaving the company to head Apple's retail division, reports CNBC's Robert Frank.
Christopher Bailey will take over from Angela Ahrendts at Burberry, following the latter's departure for Apple.
Luxury down jacket maker Moncler said on Monday it had filed a request with the Italian stock market to list its shares in Milan.
Control and certainty about asset transfers make trusts an attractive option for family businesses.
Naming the wrong people on the beneficiary form or failing to update financial documents can create a real mess for your heirs.
Use of a psychologist can help business owners better align employee actions and attitudes with company operations.