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.» Read More
*Horacio Cartes leads Colorado Party back to power. ASUNCION, April 21- Millionaire businessman Horacio Cartes of the powerful, center-right Colorado Party appeared to be heading to victory in Paraguay's presidential election on Sunday, exit polls and partial official results showed.
*Horacio Cartes leads Colorado Party back to power. ASUNCION, April 21- Millionaire businessman Horacio Cartes of Paraguay's powerful Colorado Party was seen winning Sunday's presidential election by a wide margin, according to exit polls. Cartes, 56, is a political novice who never even voted before joining the center-right Colorado Party four years ago.
ASUNCION, April 21- Paraguayans began voting on Sunday in a presidential election that could return the center-right Colorado Party to power less than a year after the nation's first leftist leader was impeached. Millionaire businessman Horacio Cartes, 56, is the Colorado Party candidate and front-runner in the race, most polls show.
ASUNCION, April 21- Paraguayans go to the polls on Sunday in a presidential election that could return the center-right Colorado Party to power less than a year after the nation's leftist leader was impeached. Millionaire businessman Horacio Cartes, 56, is the Colorado Party candidate and front-runner in the race, most polls show.
Berkshire Hathaway billionaire Charles Munger is giving a $110 million in stock to the University of Michigan — the largest donation in its history — for a graduate student residence hall.
A nearly 75 carat diamond's sale at Sotheby's offers further evidence of the roaring bull market in hard assets.
As Hamptons homeowners battle beach erosion, a flurry of construction is touching off bitter disputes over the environment, real estate and class.
The founder of the hedge fund Third Point has reportedly purchased the 200-foot "April Fool" from Sandy Weill, the former CEO and chairman of Citigroup for about $52 million.
In the highly personal interview, the cable magnate talked about his wealth, his land holdings and the one toy he does enjoy: Barry Diller's yacht.
The recent birth of a daughter to Roman Abramovich and his girlfriend helps explain why the Russian billionaire has kept his mega-yacht docked on Manhattan's West Side.
Higher than expected tax revenues resulting from outsized gains by the wealthy in 2012 could ease the budget pressures in Washington — or stoke arguments over taxes and spending.
A new study is turning the American dream on its head: Maybe it's not hard work that brings success and money. Maybe it's sheer brainpower.
That'll give him something to wine about: A judge awarded a billionaire $12 million after a tech entrepreneur sold him vintage wine that turned out to be fake.
PARIS, April 12- An inventory of French ministers' assets could set off a storm when it goes public on Monday, exposing a handful of millionaires in the Socialist government as the nation endures spending cuts and rampant unemployment.
The gusher of cash from the Fed explains why prices for everything from 1950s Ferraris to Brazilian farmland to old U.S. stamps are surging.
Raul Moreno, IBillionaire co-founder, explains how his app can help people invest like Warren Buffett or Carl Icahn.
Cosmetics tycoon Leonard Lauder has promised New York's Metropolitan Museum of Art his long-sought collection of Picassos and other works.
Which ZIP codes were home to the priciest home sales? A new report takes a look.
A new yacht launched Friday bumped Russian oligarch Roman Abramovich's yacht – the 536-foot Eclipse – from its number one ranking.
CNBC's Robert Frank explains the "wealth effect" and what today's market sell off says about the wealthy.