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  • New York lawyer William Zabel has helped settle high profile divorces in the past, and now Wendi Deng has hired Zabel for her divorce from Rupert Murdoch, with CNBC's Robert Frank. Peter Lattman of The New York Times, offers insight.

  • Murdoch's estranged wife brings in legal big guns Tuesday, 30 Jul 2013 | 10:59 AM ET
    Don Arnold | WireImage | Getty Images

    Wendi Deng has hired the well-known New York attorney William Zabel to represent her in her divorce from Rupert Murdoch, CNBC has learned.

  • A lesson for Steve Cohen: When parties are bad PR Monday, 29 Jul 2013 | 1:51 PM ET

    From Steve Schwarzman to Sean Parker to Steve Cohen, billionaires who host ill-timed or ill-considered parties can quickly feel the PR pain.

  • French diamond heist loss raised to $136 million Monday, 29 Jul 2013 | 12:26 PM ET
    French policemen investigate outside the Carlton Hotel on July 28, 2013 in the French Riviera resort of Cannes.

    Police are searching for a man who was wearing gloves, a cap and a scarf to mask his face while sneaking into the diamond show in a luxury Cannes hotel.

  • The new American poor: 4 in 5 live in danger of it Monday, 29 Jul 2013 | 11:09 AM ET
    Renee Adams, left, posing with her mother Irene Salyers and son Joseph, 4, at their produce stand in Council, Va.

    Survey data point to an increasingly globalized U.S. economy, the widening gap between rich and poor, and the loss of good-paying manufacturing jobs as reasons for the trend.

  • Gandolfini left too much to the IRS     Friday, 26 Jul 2013 | 2:44 PM ET

    Actor James Gandolfini may have left too much of his money to the IRS. CNBC's Robert Frank details Gandolfini's will, and why a lot of his estate will be subject to taxes.

  • Hamptons beach home sales hit record Thursday, 25 Jul 2013 | 4:07 PM ET

    It's hot in the Hamptons this summer! Real estate sales shot up 23% in the second quarter, topping $1 billion.

  • 'Mansioning' making a comeback     Thursday, 25 Jul 2013 | 2:46 PM ET

    Despite a tanking housing market, CNBC's Robert Frank reports the Hamptons heating up.

  • The world's richest diamond owners Wednesday, 24 Jul 2013 | 8:00 PM ET

    We look at the world's 10 richest diamond owners that consist of collectors, dealers, business owners as well as investors who have stakes in some of the world's biggest diamond mines.

  • Warning sign: Overseas real estate purchases slow Wednesday, 24 Jul 2013 | 2:24 PM ET
    A balcony overlooking the Atlantic Ocean at the Trump Hollywood condominiums in Hollywood, Fla. Latin Americans have contributed to ending the real estate crisis in South Florida by snapping up luxury condos, but recent data shows foreign sales are slowing.

    Slowing economies in places like China and Brazil are weighing on the real estate market as foreign purchases of U.S. property slowed in the 12 months ended in March, a new report said.

  • James Bond sub car's strange trip to auction block Tuesday, 23 Jul 2013 | 3:58 PM ET

    A Long Island contractor decided to buy the contents of a storage container for about $100 and inside he found a rare car that was in the James Bond movie, "The Spy Who Loved Me." The car is now up for auction.

  • What is 'wealthy?'     Monday, 22 Jul 2013 | 4:44 PM ET

    According to a report by UBS, 70 percent of investors with more than $1 million in invest-able assets do not consider themselves wealthy. Mike Ryan, UBS, and CNBC's Robert Frank, discuss the definition of wealthy.

  • What is rich? Study takes a crack at the answer Monday, 22 Jul 2013 | 4:13 PM ET

    Everyone has their own definition of what it means to be rich, but a new study from UBS has a cold, hard answer: $5 million—with at least $1 million of that in cold, hard cash.

  • Can art save Detroit?     Monday, 22 Jul 2013 | 1:16 PM ET

    The art owned by Detroit is estimated to be worth at least $1 billion, reports CNBC's Robert Frank. Talk of a sale has sparked outrage from cultural groups.

  • Simon Light, head of property at EC Harris, comments on a report by the consultancy firm on how China could soon surpass the U.S. in total worth of infrastructure and property assets.

  • Versace mansion goes up for sale     Friday, 19 Jul 2013 | 4:42 PM ET

    CNBC's Robert Frank reports that starting bids for the house, which a bankruptcy court recently approved for auction, are at $25 million.

  • Bankrupt Detroit's prized art collection at risk Friday, 19 Jul 2013 | 5:49 PM ET
    Detail from Van Gogh self portrait

    Detroit's bankruptcy cites more than $18 billion in debts, but the city has one asset that could help its balance sheet considerably: its art collection.

  • Need a private jet? there's an app for that     Friday, 19 Jul 2013 | 10:52 AM ET

    Reserving a private jet could be as easy as picking up your smartphone and clicking a few buttons, reports CNBC's Robert Frank.

  • Ultrawealthy investors turn bullish on stocks Friday, 19 Jul 2013 | 11:30 AM ET

    A new survey shows that a majority of families worth $30 million or more are focused on growth rather than preserving capital. That's up from last year's rate of 47 percent.

  • Power House: Washington DC real estate     Thursday, 18 Jul 2013 | 1:46 PM ET

    What your money can buy you in North Arlington, Virginia, with Coldwell Banker Residential Brokerage's Joseph Zorc. This week's power house is listed for $1.2 million, with $7749 in taxes.

 

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