GO
Loading...

Enter multiple symbols separated by commas

Wealth

More

  • 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
    What is 'wealthy?'

    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
    Can art save Detroit?

    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.

  • China soon to be wealthier than US in built assets?

    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
    Approved sale of Versace mansion

    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
    Need a private jet? there's an app for that

    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
    Power House: Washington DC real estate

    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.

  • Booking a $500,000 flight? There's an app for that Thursday, 18 Jul 2013 | 12:56 PM ET

    Last month, a wealthy Middle Eastern family paid $500,000 to charter a private jet. What was unusual was the way the family booked: through an Iphone app.

  • Pipe dreams for the rich and famous Tuesday, 16 Jul 2013 | 2:58 PM ET
    Pipe dreams for the rich and famous

    CNBC's Robert Frank picks 3 billionaire toys we wish we had. Only 1 of them is real.

  • Three fantasy toys for the super-rich Tuesday, 16 Jul 2013 | 2:37 PM ET

    Summertime seems to bring out a rash of "fantasy" products for the super-rich—crazy trophy toys that are either too crazy or cutting-edge even for today's super-rich. A look at three of the best we've seen.

  • Top investing strategies of the wealthy Tuesday, 16 Jul 2013 | 1:40 PM ET
    Top investing strategies of the wealthy

    Greek workers are on strike today, rallying in front of the parliament, reports CNBC's Michelle Caruso-Cabrera. How are concerns in Europe impacting investment strategies? With David Bailin, Citi Private Bank. Bailin shares his top plays in hedge funds, real estate and private equity.

  • To get a raise next year, work harder Tuesday, 16 Jul 2013 | 12:16 PM ET

    Pay raises for 2014 will average 2.9 percent, according to a new Mercer study. But that may not be enough to offset higher costs for some workers.

  • Boom times? $100 million home listings return Monday, 15 Jul 2013 | 5:11 PM ET
    The 314-acre Homer’s Pond property on Martha’s Vineyard is on the market for $118 million.

    Brokers and real-estate analysts say there are now more than a dozen homes in the U.S. listed or quietly on the market for $100 million or more, that's more than during the peak of the housing boom in 2007.

  • How the rich get a big real estate tax break Monday, 15 Jul 2013 | 4:05 PM ET

    The few who can afford to shell out tens of millions for an apartment in one of the new condominiums being built across New York City may find a perk in real estate tax breaks, the New York Times reports.

  • The classic cars cashing in Monday, 15 Jul 2013 | 2:58 PM ET
    The classic cars cashing in

    CNBC's Robert Frank reports on the most expensive car ever sold at an auction. A 1954 Mercedes-Benz Formula 1 racer sold for $29.6 million on Friday.

  • The rise of $100 million homes Monday, 15 Jul 2013 | 1:49 PM ET
    The rise of $100 million homes

    $1 million listings are back, reports CNBC's Robert Frank. One home on Martha's Vineyard, with a wine cellar that holds 12,000 bottles, is listed for $118 million.

 

Financial Advisors