The 400 highest earning Americans made $106 billion in 2010, up more than 20 percent, according to data from the Internal Revenue Service.» Read More
CNBC's Robert Frank combines art and cars at the Sotheby's auction with Ian Kelleher, RM Auctions.
China has a word for its flashy new rich: Tuhao (tu means “crass” and “hao” means rich). And it’s quickly gaining global traction.
Sotheby's held the biggest auction in its history on Wednesday, led by a record-setting $105 million work by Andy Warhol.
CNBC's Robert Frank reports on the Francis Bacon "Three Studies of Lucien Freud" piece that sold for $142.4 million and the impending diamond auction expected to go for $60 million.
Microsoft is eliminating its long-standing practice of evaluating employees on a bell curve in an effort to foster more team-work and collaboration. CNBC's Bob Pisani and Kayla Tausche weigh in on the company's new direction.
CNBC's Robert Frank breaks down the iBillionaire Index, which tracks 30 large cap equities in the S&P. The index is said to allow you to invest like billionaires do, but with limits.
CNBC's Robert Frank reports on the iBillionaire Index, tracking the 30 large-cap stocks in the S&P 500 to which billionaire investors have allocated the most funds.
The NYSE and iBillionaire have launched the iBillionaire Index, which tracks the blue-chip stock holdings of leading billionaire investors.
CNBC's Robert Frank reports the record for the most expensive painting by a deceased artist, as well as a living artist both sold Tuesday night. Francis Bacon's "Three Studies of Lucian Freud" sold for $142.4 million.
Andrew Fabricant, partner of Richard Gray Gallery, discusses why Francis Bacon's "Three Studies of Lucian Freud" was in such high demand. CNBC's Robert Frank, provides insight on the auction.
CNBC's Robert Frank reports on the elusive billionaires club.
Brett Gorvy, Christie's chairman, has high expectations for pieces at auction estimated to be the the highest ever in history. New collectors are looking for the best, he adds.
Billionaires are a bit like migratory birds. They soar high above the earth, they flash bright colors, and increasingly they move in large flocks.
While most of the private jet market is weak, some owners of Gulfstream's top-of-the-line G650 are “flipping” the planes for big profits.
BlackBerry says its interim CEO John Chen will receive a base salary of $1 million. John Martin, Reed Smith LLC thinks this is appropriate because Chen is a "turnaround specialist," while Robert Weissman, Public Citizen president, says there is too much wealth at the top.
CNBC's Julia Boorstin reports on potential opportunities at Lions Gate for a "Hunger Games" theme park. Nancy Giles, pop culture commentator, and CNBC's Robert Frank weigh in.
CNBC's Robert Frank goes inside "Caledon," which is a 314-acre estate in Arlington, Washington
CNBC's Robert Frank says three Twitter honchos shared a $4 billion jackpot on the company's IPO day.
The government paid $11.3m in farm subsidies to 50 billionaires or businesses in which they have some form of ownership. The New York Times reports.
A new report says the combined fortunes of the world’s billionaires have doubled since the financial crisis, but what do we know about them?
Senior editor at large Jim Pavia discusses options strategies with Carson Wealth research director Brett Carson.
Growth in target-date funds and robo-advisors has led many to believe there's no point in paying for help.
Some advisors say you should consider building a 401(k) portfolio that provides an individualized investment approach.