Millionaires
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With the Dow breaching 14,000, investors have recovered the more than $8 trillion in wealth lost during the recession and millionaires are more numerous and more confident than they've ever been.
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With the Dow breaching 14,000, investors have recovered the more than $8 trillion in wealth lost during the recession and millionaires are more numerous and more confident than they've ever been.
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With 82 percent of all directly owned stocks in the United States in the hands of the wealthiest five percent of Americans, the gains from the recent stock market surge will go almost entirely to those who are already rich.
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Virtually every state's tax system unfairly takes from those who make the least, says a new report. But which states take the most from their richest residents?
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More than 1,000 private jets are expected to fly into New Orleans this weekend, just under last year's tally of around 1,100 planes in Indianapolis – one of the biggest ever.
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LAS VEGAS-- A defense lawyer says a federal indictment accusing a millionaire Las Vegas businessman of wire fraud contains weaker criminal charges than those prosecutors alleged when they accused him last summer and of heading an elaborate international Ponzi scheme.
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NEW DELHI-- Bollywood superstar Shah Rukh Khan appeared to be caught in a verbal slugfest between India and Pakistan after he wrote a magazine article that led to heated exchanges between the rival nations.
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Charities worried that higher tax rates would leave less money for donations. But, as Robert Frank reports, it's not turning out that way. (1:42)
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CNBC's Robert Frank reports on the hottest new toy for the very wealthy: your very own personal submarine.
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A new Pew Research survey finds that the debate over the wealth gap has calmed slightly, despite a divisive election.
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Niklas Zennstrom, co-founder of Skype, believes the next hot tech business can come from anywhere around the globe.
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LONDON, Jan 11- Niklas Zennstrom, co-founder of internet phone service Skype, believes the next hot tech business will just as likely spring from Istanbul or Sao Paolo as from Silicon Valley or the coolest districts of London.
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CNBC's Robert Frank reports on the great paradox facing millionaire parents: how to avoid spoiling their wealthy children.
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CNBC's Robert Frank reports more than a dozen Americans have paid more than a million dollars for the much-hyped super car.
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Taking a closer look at the real cost to owning a grand British country estate, with CNBC's Robert Frank.
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The wealthy generally support higher income taxes, and that their support is growing, a new survey found.
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*Critics say socialists turning France into museum. To be sure, Hollande's headline-grabbing 75 percent income tax band may well be prompting well-off French to consider lives as exiles in Belgium, Luxembourg, Switzerland or Britain.
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*Herbalife says Ackman analysis riddled with mistakes. Dec 20- Activist investor Bill Ackman ramped up his campaign against Herbalife Ltd on Thursday with a three-hour presentation in which he called the weight management products company an unsustainable "pyramid scheme."
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Dec 20- Hedge fund manager Bill Ackman, best known for taking big positions in stocks in hopes of pushing for management changes, is taking on weight management Herbalife Ltd as his big end-of-the-year short.
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fiscal cliff "standoff keeps tax rates low for households making less than $1 million a year, but millionaires get the benefit of lower taxes too, according to a non-partisan study released on Wednesday.
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CNBCs John Harwood reports things are looking bleak for a "cliff" resolution before the Congressional break, as President Obama threatens to veto the GOP's "Plan B." Also, Abigail Disney discusses her view of raising taxes on millionaires.