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  • Where the ‘One Percent’ Live Tuesday, 14 Feb 2012 | 9:28 AM ET
    UHNW population: 1,855 With an UHNW population that nearly doubles that of Atlanta, Dallas is home to 1,855 individuals worth at least $30 million, according to Wealth-X. The Dallas area is home to major companies like AT&T, Dean Foods, Texas Instruments and Southwest Airlines. Some of the richest residents include billionaire and former presidential candidate H. Ross Perot, oil magnate Ray Lee Hunt and leveraged buyout billionaire Harold Simmons.

    Who are the one percent, and where are they from? According to Wealth-X, the United States is home to 57,860 such individuals. Find out which cities they call home.

  • A Secretive Hedge Fund Legend Prepares to Surface Monday, 13 Feb 2012 | 7:00 AM ET
    Louis Bacon, CEO Moore Capital Management LLC

    On the heels of weak performance in 2011, Louis Bacon has to reveal information about $15 billion Moore Capital to the SEC — and he’s not happy about it.

  • Users of Citibank Bill-Pay App Charged Twice Friday, 10 Feb 2012 | 8:17 AM ET

    A technical bug caused Citigroup, the nation’s fourth largest bank by deposits, to double the charge for online customer bill payments in recent months. The New York Times reports.

  • Car Policy for Less, but Only If You Call Saturday, 4 Feb 2012 | 3:31 PM ET

    Most consumers know that they aren’t going to get a courtesy call from their service providers telling them they qualify for a better deal. Yet they still fail to review their policies or contracts each year to make sure they’re getting the lowest rates possible.

  • 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!

 

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