Millionaires & Billionaires


  • CNBC's Dominic Chu and Mary Thompson showcase two million dollar homes, "Rustic Lux," and "Mega Mansion." Dolly Lenz of Dolly Lenz Real Estate weighs in on which listing is the better value.

  • Trapped in a trunk? Just hope it's not a Ferrari Wednesday, 24 Sep 2014 | 3:29 PM ET
    The Ferrari 458 Italia.

    If you happen to get trapped in the trunk of a car, hope that it's not a Ferrari 458. More than 3,000 of them are being recalled for faulty escape latches.

  • Virgin's Branson offers unlimited vacation Wednesday, 24 Sep 2014 | 9:27 AM ET
    Richard Branson works from his home on Necker Island

    Tired of two weeks vacation a year? Perhaps you should work for Virgin, where boss Richard Branson believes in offering unlimited time off.

  • Dre tops rap 'rich list' on Apple-Beats deal Wednesday, 24 Sep 2014 | 8:35 AM ET
    Dr. Dre

    Apple's $3-billion acquisition of Beats earlier this year helped co-founder Dr. Dre jump to the top of Forbes' Hip-Hop Cash Kings list.

  • London tops Hong Kong as priciest place to live Tuesday, 23 Sep 2014 | 6:45 AM ET

    London has trumped Hong Kong as the world’s most expensive city, according to a report from international estate agent Savills.

  • Billionaires are hoarding mountains of cash Monday, 22 Sep 2014 | 2:12 PM ET

    Billionaires are holding mountains of cash, offering the latest sign that the ultra-wealthy are nervous about putting more money into today's markets.

  • Top millionaire growth? Hint: J.R. would be proud Thursday, 18 Sep 2014 | 11:36 AM ET
    The Dallas skyline seen through the windows of a penthouse at night.

    Dallas was the fastest-growing city in 2013 when it comes to new millionaires, according to a report from Capgemini and RBC Wealth Management.

  • Meet Alibaba's freshly minted billionaires Thursday, 18 Sep 2014 | 6:50 AM ET
    Alibaba Group's founder and executive chairman, Jack Ma, waves as he arrives for a meeting at the Ritz-Carlton hotel in Hong Kong.

    Alibaba's IPO will unleash a flood of wealth for Jack Ma and Joseph Tsai, but unlike some other tech IPOs, the big money isn't being spread around the company.

  • Where to find America's new millionaires  Thursday, 18 Sep 2014 | 6:43 AM ET

    The geography of wealth in America is shifting to the oil/energy states, reports CNBC's Robert Frank, with a look at a new study that shows where the fastest growth of millionaires occurred last year.

  • Tropical paradise island, yours for $14 million Wednesday, 17 Sep 2014 | 5:54 AM ET
    Orivaru island, Maldives.

    A tropical island in the Indian Ocean will go on sale on Wednesday, allowing punters to buy a piece of paradise for around $14 million.

  • Chinese tycoon orders 30 Rolls Royces Tuesday, 16 Sep 2014 | 3:54 PM ET
    One of the Bespoke Extended Wheelbase Phantoms as ordered by Stephen Hung.

    Stephen Hung, a luxury hotel entrepreneur, ordered 30 Rolls-Royces—the largest single order ever of Rolls-Royces, according to the company.

  • Lack of facts surrounding Scotland vote: Tycoon Tuesday, 16 Sep 2014 | 2:36 PM ET
    Sir Tom Hunter

    Sir Thomas Hunter said there are still facts missing from both sides of the Scotland independence debate.

  • Chinese millionaires plan to leave in droves: Poll Monday, 15 Sep 2014 | 2:15 PM ET

    Nearly half of Chinese millionaires plan to move out of the country in the next five years, according to a report.

  • China creates 40,000 new millionaires Friday, 12 Sep 2014 | 11:18 AM ET
    A Prada store in Beijing.

    China created 40,000 new millionaires last year, a growth rate only about half of that in 2010 and 2011.

  • Best place to invest in real estate? Dubai Wednesday, 10 Sep 2014 | 11:40 AM ET
    Jumeirah Palm Island Development In Dubai.

    London and New York may be the favorite two cities of the global wealthy. But when it comes to investment returns since 2010, Dubai was your best bet.

  • Real estate alliance targets wealthy buyers  Wednesday, 10 Sep 2014 | 6:47 AM ET

    Two of the biggest names in real estate are forming a global alliance to create the largest network for homes priced in the top ten percent of the market. CNBC's Robert Frank talks to Howard Lorber, Douglas Elliman chairman and Lord Andrew Hay, Knight Frank, about the global marketplace.

  • Top cities for multimillionaire second homes Tuesday, 9 Sep 2014 | 11:21 AM ET

    Today's globe-trotting rich are more likely to want pied-à-terres as second homes, which means you may not guess where the new 2nd-home hot spot is.

  • At $139M, Florida mansion is most expensive listing Monday, 8 Sep 2014 | 3:06 PM ET
    Exterior of 935 Hillsboro Mile in Hillsboro Beach, Florida.

    The home, believed to now be America's most expensive public listing, has set a new high-water mark for real estate.

  • Stock gap: American stock holdings at 18-year low Monday, 8 Sep 2014 | 11:12 AM ET

    The widening gap between the wealthy and the rest of America during the recovery can largely be explained in one word: stocks.

  • Even in the top 3%, there's a growing wealth gap Friday, 5 Sep 2014 | 3:13 PM ET
    A luxury home with swimming pool is shown in Naples, Fla.

    America's millionaire population hasn't grown significantly in 10 years, according to new data, suggesting those at the top aren't benefiting from the recovery.


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