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CNBC's Robert Frank has been looking at IRS audits and has found some troubling trends. Frank VanderSloot, Melaleuca CEO 7 founder, shares his thoughts about his own situation.
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CNBC's Robert Frank has been looking at IRS audits and has found some troubling trends. Frank VanderSloot, Melaleuca CEO 7 founder, shares his thoughts about his own situation.
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There will likely be nothing working class about the new owner of Chaim Soutine's "Little Pastry Chef," one of the painter's series of works depicting anonymous Parisian workers.
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A huge diamond unearthed in Botswana commanded an unearthly price of $26.7 million from Christie's auction house Wednesday amid the spring ritual of well-heeled bidders flocking or phoning in to Geneva's luxury sales.
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A wealthy Chinese businessman hired a crew to smash his Maserati with sledgehammers to protest poor customer service, but the story is similar to another incident. Is this a trend or a stunt?
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The art auctions in New York this week are fetching some huge prices, with CNBC's Robert Frank.
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Michael Novogratz of Fortress Investment Group said the art market is "100 percent a bubble," and he predicts it will be the next gold.
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The world's wealthy are pouring more of their fortunes into prime vineyards, and brokers say demand is rising for raw acreage as well, prompting Christie's to start a new real estate service.
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May 12- Tony Stark's superpowers lifted blockbuster "Iron Man 3" back to the top of movie charts in the United States and Canada, beating out a strong debut over the weekend for lavish Jazz Age drama "The Great Gatsby."
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In Jay Gatsby's time, the mansions along Long Island's Gold Coast were famous for their excess and price tags. Now, they're more famous for their price cuts.
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Taxes paid by the nation's top earners are putting government back in the black, reports CNBC's Robert Frank.
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Taxes paid by the top earners are putting the U.S. back in the black, according to the Congressional Budget Office.
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Ferrari is capping production this year. The stated reason: status protection. But what's the reality? Some experts think it may be a sign of lower demand for the luxury car.
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If you were looking for millionaires, you'd probably head to London or New York or Monaco. But you might be better off trying Tokyo.
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Tax attorneys say celebrities like Grammy Award winner Lauryn Hill are often sentenced and prosecuted more vigorously so that officials can send a message to the public.
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Ralph Lauren, the fashion mogul and vintage-car collector, recently took delivery of a new RUF CTR-3, according to people familiar with the deal.
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By Timothy Heritage and Maria Tsvetkova. MOSCOW, May 7- Russian media magnate Alexander Lebedev said as he went on trial on Tuesday that he expected to be jailed over a televised punch-up which he says is a pretext to punish him for criticising the Kremlin.
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MOSCOW, May 7- Russian media magnate Alexander Lebedev goes on trial on Tuesday in a case he portrays as President Vladimir Putin's revenge for criticising the Kremlin and a warning to other rich businessmen.
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What are art lovers interested in this spring? A peek at the billion dollars worth of art on offer at Christie's and Sotheby's.
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Wealthy Chinese are on a global shopping spree. Along with handbags, art and condos, they're also buying foreign visas.
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Billionaires Bill Gates and Warren Buffett said limits on charitable deductions could hurt giving—but only among the lesser rich.