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Wealth

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  • Assad's hidden fortune     Thursday, 19 Sep 2013 | 4:49 PM ET

    Despite the average income in Syria being about $2,600 a year, President Bashar Assad's personal wealth is estimated at $500 million. CNBC's Scott Cohn has the story.

  • Do you tip your flight attendant?     Thursday, 19 Sep 2013 | 1:54 PM ET

    A new census study finds America's economic gap is widening; and have you ever tipped your flight attendant? CNBC's Dominic Chu and Robert Frank discuss.

  • Druckenmiller: Fed robbing poor to pay rich Thursday, 19 Sep 2013 | 11:06 AM ET
    Stanley Druckenmiller

    Billionaire Stanley Druckenmiller said quantitative easing is just another version of trickle-down economics. Some economists agree.

  • Winner in $400 million Powerball jackpot Thursday, 19 Sep 2013 | 7:22 AM ET

    The winning ticket was sold in South Carolina. Who won?

  • You know you're super rich when ... part 1     Wednesday, 18 Sep 2013 | 12:00 AM ET

    Taking care of pets, decorating your home, parking your car—the super rich do these things, too. But, the way they do them ... couldn't be more different. How do you know when you're SUPER rich? Secret Lives has come up with our top moments. Here are numbers ten through six.

  • $5,000 a pop? Moët to auction 1914 Champagne Wednesday, 18 Sep 2013 | 1:17 PM ET
    1914 Moet & Chandon Grand Vintage Collection

    Will there be a price bubble for bubbly? We'll soon find out when a 99-year-old bottle of Moët Champagne is sold at Sotheby's.

  • Lottery winner? Rich, but not rich enough Wednesday, 18 Sep 2013 | 11:59 AM ET

    Even if you win the latest Powerball worth more than $400, you still won't be a member of the world’s most exclusive club: the mega, mega rich.

  • Versace on sale: Mansion goes for $41.5m     Tuesday, 17 Sep 2013 | 1:47 PM ET

    In today's Power Rundown, CNBC's Jane Wells reports the latest from America's Cup in San Francisco. CNBC's Robert Frank discusses Sun co-founder Scott McNealy's comments on charity and reports the South Beach Versace Mansion has sold for $41.5 million.

  • Heiress Huguette M. Clark estate trial delayed Tuesday, 17 Sep 2013 | 1:13 PM ET
    Huguette was shy, but not sad. Her friends and the few relatives who knew her describe her as cheerful, gracious, stubborn, and devoted to her art and her charity to friends and strangers. She poses in a Japanese print dress at about age 37.

    Settlement efforts have delayed the trial of who will inherit the $300 million estate of copper mining heiress, Huguette M. Clark.

  • Americans may inherit more money than they think Tuesday, 17 Sep 2013 | 12:06 PM ET

    Financial experts say Americans are too pessimistic about their own inheritances, despite recession.

  • Versace mansion's $41.5 million sale disappoints Tuesday, 17 Sep 2013 | 4:11 PM ET

    The price marks a sharp fall for a house that got widespread media attention and listed last year for $125 million.

  • Rich, forget charity, start businesses: McNealy Tuesday, 17 Sep 2013 | 9:38 AM ET
    Scott McNealy

    The wealthy should give less to charity and invest more of their money in start-ups, said Scott McNealy, the former CEO of Sun Microsystems.

  • In China, the Devil doesn't wear Prada Tuesday, 17 Sep 2013 | 12:59 AM ET
    Meryl Streep as Miranda Priestly in The Devil Wears Prada.

    The Devil, it seems, wears anything but Prada in the eyes of Chinese bloggers determined to expose corrupt officials flashing labels way past their pay grades.

  • Worth a billion? You may not hit the Rich List Tuesday, 17 Sep 2013 | 12:39 AM ET

    Even if you hit the big time you may not make the coveted Forbes rich list as America's billionaires continue to amass wealth, said editor of Forbes.

  • For Chinese brides, gold no longer all that glitters Monday, 16 Sep 2013 | 10:03 PM ET

    China's diamond market has steadily gobbled up market share from gold and far outstripping the growth rate in China's $76 billion jewelry sector.

  • Who are America's richest people?     Monday, 16 Sep 2013 | 6:43 PM ET

    The combined total net worth of the 400 richest Americans exceeds $2 trillion, according to Forbes. Randall Lane, Editor at the publication discusses who made the list this year.

  • 400 richest Americans now worth $2 trillion Monday, 16 Sep 2013 | 3:33 PM ET

    The 400 richest Americans are now worth a combined $2 trillion, according to Forbes. That's more than the GDPs of many nations.

  • New Gilded Age? Newport estates regain their shine Monday, 16 Sep 2013 | 1:38 PM ET
    Wildacre in Newport, R.I.

    Newport's storied mansions were left behind in the 1990s and 2000s, but its oceanfront estates are regaining their shine as new buyers come to town.

  • Why government probably can't close rich-poor gap Monday, 16 Sep 2013 | 12:59 PM ET
    A businessman walks by a homeless woman holding a card requesting money in New York City.

    President Barack Obama said government can and should shrink the gap between the rich and poor. Here are some reasons why that's wrong.

  • Wall Street pioneer leaves $100K to dog Friday, 13 Sep 2013 | 2:14 PM ET
    This isn't Muriel Siebert's chihuahua, although it would probably like to be.

    Muriel Siebert, the first woman to hold a seat on the New York Stock Exchange, left $100,000 to her dog, the New York Post reported on Friday.

 

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