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Wealth

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  • 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.

  • CNBC's Robert Frank goes inside the vault at Patek Philippe headquarters in New York City to take a look at the one of the world's most expensive timepieces.

  • What's Putin's worth?     Thursday, 12 Sep 2013 | 4:36 PM ET

    Russian President Vladimir Putin's reported income in 2012 was $187,000. CNBC's Robert Frank offers insight on a 32-page report from Boris Nemtsov which says his wristwatches are worth $700,000 alone.

  • Putin on the Ritz? Vlad said to have billions Thursday, 12 Sep 2013 | 12:18 PM ET

    Speculation about Russian President Vladimir Putin's net worth is rife, but getting a true estimate is very difficult. A look at why.

  • How much is Putin worth?     Thursday, 12 Sep 2013 | 10:55 AM ET

    Although Russian President Putin warned of "American exceptionalism" in a NY Times op-ed piece, when it comes to Putin and the Russian people, it is his "exceptionalism" that is shrouded in mystery, reports CNBC's Robert Frank.

  • Art bubble about to burst?     Wednesday, 11 Sep 2013 | 2:57 PM ET

    Talk of an art bubble has been ongoing, but has art become too highly priced? CNBC's Robert Frank has the story.

  • Art bubble to pop?     Wednesday, 11 Sep 2013 | 1:46 PM ET

    A growing number of investors warn that part of the art market is headed for a tumble, reports CNBC's Robert Frank. Jim Grant says "big hype and low interest rates are overinflating modern artists."

  • Relatives challenging reclusive heiress' will Wednesday, 11 Sep 2013 | 7:56 AM 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.

    A new book, "Empty Mansions: The Mysterious Life of Huguette Clark and the Spending of a Great American Fortune," explores over-the-top wealth.

  • Jay Z, leading market indicator? Wednesday, 11 Sep 2013 | 6:00 AM ET
    Jay-Z

    When Jay Z starts rapping about Basquiat and Art Basel, is it time to think we've reached the top of an art bubble? At least one observer thinks so.

  • Welcome new billionaires! Ultrawealthy ranks grow Tuesday, 10 Sep 2013 | 1:49 PM ET
    Jon Oringer, founder of Shutterstock, became a billionaire in June.

    Being a billionaire isn't so special anymore. A study finds that the number of billionaires has surged past 2,000.

  • Wealthy cashing in on mortgages     Tuesday, 10 Sep 2013 | 1:45 PM ET

    CNBC's Robert Frank and John Carney discuss whether we're seeing a housing bubble. New data from RealtyTrac show 63 percent of people buying homes in the $1 million to $2 million range used a mortgage. That's up 49 percent from a year ago.

  • Jumbo mortgage rush: Why the rich are buying Tuesday, 10 Sep 2013 | 10:09 AM ET

    Even as the rest of America pulls back on mortgages, the wealthy are going on a borrowing binge for million-dollar homes, according to RealtyTrac.

  • Talks collapse in battle over $300 million fortune Tuesday, 10 Sep 2013 | 8:28 AM 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 negotiations have broken down in the battle for the $300 million estate of reclusive heiress Huguette Clark, according to NBC News.

  • Found in locker, Bond sub car sells for $967,120 Monday, 9 Sep 2013 | 3:55 PM ET

    James Bond's famous submarine car from "The Spy Who Loved Me" has just been sold for $967,120, a price that was below what many had expected.

  • CNBC's Brian Sullivan and Kayla Tausche reports on 2 homes worth $1 million. A pre-war condo in New York City goes against a home with colonial charm. Dolly Lenz, shares her pick.

 

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