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  • At 102%, His Tax Rate Takes the Cake Saturday, 4 Feb 2012 | 9:09 AM ET

    Is it possible to pay more than all of your taxable income? For one businessman, an eye-popping bill can be traced to punitive U.S. tax polices. Meet Mr. 102%. The New York Times reports.

  • 10 Richest US Presidential Candidates Friday, 20 Jan 2012 | 11:10 AM ET
    Since 1992, politicians vying for the highest office in America have tried to project a down-home demeanor to endear themselves to the electorate. At the same time, nobody can mount a serious campaign for the presidency without money, and lots of it. So as nice as it is to come off like someone a voter would love to have a beer with, even the folksiest candidate will never make it to the Iowa caucus without a vast war chest.Since it takes money to run for president, it’s not surprising that some

    CNBC.com ranks the 10 richest people who have sought the U.S. presidency since 1992. Check out the list!

  • The concept of profits has never been in favor among those who think that making a profit is the exploitation of labor.

  • Men, Not Women, Drive Luxury Goods Sales in China Tuesday, 29 Nov 2011 | 6:57 PM ET

    Contrary to what might be a popular perception, men and not women make up the bulk of consumers buying luxury goods in China.  Over the past 12 months, Chinese men on average spent 61 percent more than women on fragrances and 52 per cent more on watches, according to McKinsey.

  • Friday’s Deals May Not Be the Best Friday, 25 Nov 2011 | 7:28 AM ET
    Stack of U.S. hundred-dollar bills

    Oren Etzioni writes articles about artificial intelligence for scholarly journals, is a renowned expert on data mining and gained fame when Microsoft paid $115 million for Farecast, an airline-ticket price predictor he founded.

  • Yachts in Asia Get Million-Dollar Makeovers Tuesday, 15 Nov 2011 | 10:21 PM ET
    MF Global website

    Asia’s image-conscious rich are spending big money on adding frills to their million-dollar yachts.

  • How a Financial Pro Lost His House Wednesday, 9 Nov 2011 | 11:25 AM ET
    broke

    A financial planner recounts how he and his family fell victim to the housing boom and bust and how they survived the ordeal in this story from the New York Times.

  • For Asia’s Rich, All That Glitters Is Still Gold  Thursday, 3 Nov 2011 | 11:07 PM ET
    Gold

    The recent fluctuations in gold prices have not deterred Asia's rich investors, who continue to bet on the yellow  metal.

  • Buyers Still Warm to Singapore's Luxury Property Market Thursday, 3 Nov 2011 | 11:05 PM ET
    Private yachts are berthed outside luxury homes and condominium apartments at Sentosa Cove in Singapore.

    While price growth and transactions have slowed in Singapore's luxury property market, selective buyers, many of them from China and Indonesia, continue to snap up niche upmarket properties in tony areas like Sentosa Cove.

  • Asia's Richest Families Tuesday, 25 Oct 2011 | 9:42 PM ET
    Asia’s surging wealth is creating more millionaires and billionaires than any other region of the world. Private bank Julius Baer forecasts that the wealth of the region’s 3.3 million high net worth individuals (HNWIs) will triple to nearly $15.81 trillion by 2015.Strong economic growth, coupled with booming stock and property markets, have helped some of Asia’s largest businesses expand at a rapid pace. Given Asia’s culture of family businesses, many of the region’s biggest companies are family

    We’ve compiled a list of Asia-Pacific’s10 richest families. Find out which families are among the wealthiest in the region.

  • India's Rich Manage Wealth With Family Offices Monday, 24 Oct 2011 | 8:58 PM ET

    Family offices, a personalized wealth management service, is fast gaining currency with India’s rich who are often reluctant to take professional advice.

  • A trader monitors exchange rates in a dealing room at the Korea Exchange Bank in Seoul on October 4, 2011.

    Asian financial markets have shown in recent months that they remain extremely vulnerable to economic shocks, but some investors have been riding this volatility, using the selloff to shop for cheap stocks and bonds and investing in esoteric products to profit from the turmoil.

  • If the European Union works out a "credible, convincing debt program," sovereign wealth funds may see it as an opportunity to invest, Jin Liqun, chairman of the board of supervisors for China Investment Corporation, told CNBC Friday.

  • World's Wealth Growing, but Not Evenly: Credit Suisse Wednesday, 19 Oct 2011 | 7:26 AM ET

    While the headlines brim with tales of the euro zone debt crisis, rising inflation and people like Nouriel Roubini warning of an approaching hard landing in China, there’s evidence that some market players, at least, are getting richer.

  • The Top 1%: Executives, Doctors and Bankers Tuesday, 18 Oct 2011 | 10:11 AM ET

    The “99-percenters” protesting at Occupy Wall Street should think about occupying the C-suites across America as well, at least if their primary complaint is about income inequality. Catherine Rampbell of the New York Times explains.

  • Asset Managers, Learn What Options Are Monday, 3 Oct 2011 | 6:43 AM ET
    What's Next?

    Excuses, excuses followed by more excuses. When is the broader asset management industry going to put its hands up and say; "We were wrong," or "We really don’t know what we are doing," or even, "I’m going to fall on my sword, sell my five houses on the Wentworth Estate and distribute the proceeds among those foolhardy enough to believe I could make them money"? The answer of course is NEVER!

  • Freddie Mac Loan Deal Defective: Report Tuesday, 27 Sep 2011 | 2:54 AM ET
    Freddie Mac

    Freddie Mac used a flawed analysis when it accepted $1.35 billion from Bank of America to settle claims that the bank misled it about loans purchased during the mortgage boom, according to an oversight report scheduled for release on Tuesday.

  • Warren Buffett

    Warren Buffett's estimated fortune dropped by $6 billion over the past year to $39 billion in the just-released Forbes 400 list of richest Americans. He's the only person in the top 20 to see his wealth drop.  But he's also number one on the magazine's ranking of biggest charitable gifts made by members of the Forbes 400 club.

  • A Channel Woos the Man With Spare Cash for Toys Monday, 19 Sep 2011 | 11:33 AM ET
    Velocity

    When Discovery Communications set out to reformat HD Theater, the nine-year-old home of high-definition documentaries, its executives assessed the crowded cable programming landscape and asked what was missing — where there was “white space,” as one later put it. The New York Times reports.

  • China’s 10 Wealthiest Billionaires Friday, 16 Sep 2011 | 12:38 AM ET
    It's been a bumper year for China's super rich, never mind the growing gloom and doom over the global economy. The Shanghai-based Hurun Research Institute's 2011 rich list, which tallies up China's 1,000 richest men and women has, for the first time, a record 271 billionaires on it. The cut-off to make this annual list has doubled from two years ago to $310 million.On the whole, China's 1,000 richest people have an average wealth of $924 million. The country is now also home to about one million

    We've put together a list of the top 10 richest people in China based on the Hurun Rich List. Find out who are China’s top billionaires and which companies they run.

 

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