Millionaires
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CNBC's Robert Frank explains the "wealth effect" and what today's market sell off says about the wealthy.
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CNBC's Robert Frank reports recent data shows there is a wealth gap growing, even among the wealthy.
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Rising stocks, an improving economy and the 2013 tax hikes have driven prices up for mountain homes in the West after a four-year drought.
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The collectibles market grew by 175 percent over the past 10 years – a far better record than U.S. stocks. The biggest surprise? Coins.
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An online poll of 1,538 people conducted March 4-8 by Reuters/ Ipsos found that two-thirds of adults say they are cutting their monthly spending and almost all of the rest say their spending is little changed.
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When it comes to philanthropy, wealthy Americans lead the world, but a new survey suggests they could give more.
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Amelia Island's classic car auctions brought less than last year, but Ferrari prices, a closely watched telltale, easily matched expectations.
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With the average price of collectible Ferraris up more than 70 percent, this weekend's auction of vintage GT and GTOs is drawing attention.
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*Radicals seen growing most in Greece, European parliament. PARIS, March 8- Italian comic-turned-activist Beppe Grillo has blazed a trail for populist political movements around Europe by taking his Five Star Movement from obscurity to become Italy's largest party in its first general election campaign.
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In pure dollar terms, Americans are nearly as wealthy as ever, but only if housing continues to strengthen will the so-called 'wealth effect' kick in.
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A look at where the wealthiest are spending the most money to buy their fabulous homes, with CNBC's Robert Frank. (1:30)
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Not much. In Monaco, the globe's priciest real-estate market, the average home costs more than $5,300 a square foot.
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GENEVA/ DETROIT, March 6- Millionaire tractor maker Ferruccio Lamborghini wanted to build a better, faster sports car in Italy than rival Enzo Ferrari when he established Automobili Lamborghini in 1963..
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The zeal with which Swiss citizens backed the curbs on executive pay is just the latest sign that Switzerland's relationship with the ultra-wealthy is beginning to change.
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Forbes' released its 2013 list of the world's richest people. Art Laffer, Laffer Investments; Chris Kofinis, Former Sen. Manchin's chief of staff; Robert Traynham, Former Santorum aide; Jonathan Golub, UBS, share their opinions.
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Forbes' ranking of the world's richest people finds more billionaires than ever before. Randall Lane, Forbes Magazine, weighs in.
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While Washington bickers over whether to raise taxes on the rich, the truth is, taxes on the richest Americans are already at their highest in decades.
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Groupon's Andrew Mason, a man once valued at more than $1 billion, was canned last night. Gene Munster, Piper Jaffray; CNBC's Robert Frank; and Jeffrey Sonnenfeld, Yale, discuss.
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Forget about golden parachutes. Mason may be the first CEO in modern-day capitalism to get a lead parachute.
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Guessing the number of billionaires in the world (or even in a single country) is just that -- a guessing game. But it's a highly profitable and increasingly popular one.
