Russian billionaire Andrey Melnichenko is building what is believed to be the largest sailing yacht ever built, at a length of more than 480 feet.» Read More
The best way to reduce inequality is for the government to borrow $1 trillion to improve infrastructure and create middle-class jobs, billionaire Jeff Greene said.
On Thursday, stock of Arris went up 20 percent because they announced an inversion deal. The company sponsors Carl Edwards in Nascar.
Like migrating birds, private jet setters follow a basic instinct when it comes to their flight paths: They follow better weather.
The Atlanta Hawks were sold for $850 million, much lower than the $2 billion Steve Ballmer paid for the LA Clippers.
Data from PitRho.com show that for elite NASCAR drivers, their finish on short tracks is almost identical to longer tracks. Not true for second tier drivers.
Do Floyd Mayweather's spending habits help him in the ring? One expert sees a connection.
Executives who spoke with CNBC suggested that the entire television business cannot sustain itself without repeatable syndicated shows.
A Wall Street Journal story about Moneyball-obsessed teenagers needs them to get with the program, as the 2-for-1 strategy is not that big of a deal.
Pew Research ranks the top social media apps by income group, and shows how one company uses that to target different audience.
Billionaires often share common attributes, and one of those traits is eloquently explained by Justine Musk, the ex-wife of billionaire inventor Elon Musk.
Netflix CEO Reed Hastings’ stake in the company he founded now tops $1 billion, making his rise, fall and rise again one of the most dramatic wealth stories of our time.
The IRS' 400 Club is made up of those taxpayers who made more than $140 million.
We learned a few things that you could only know if you're able to afford a Lamborghini, the rarest diamonds, or a megamansion.
An ordinary closet won't do for the world's millionaires and billionaires. Here is a peek at custom closets that look more like art galleries for clothing.
The top-earning 1 percent of Americans will pay nearly half of federal income taxes for 2014, the largest share in at least 3 years, a study says.
Harrison K-9, an Aiken, South Carolina-based importer and trainer of top German shepherds, is seeing growing demand for its highly skilled guard dogs.
A controversial photo of Wang Sicong, the son of China's second-richest man, has landed him in hot water.
Nearly 13% of Americans don't file until the last week and 12% miss the April 15 tax deadline altogether.
Data analyzed by CNBC shows that most professional golfers make most of their money off the course in endorsements.
The higher you go up the income ladder, the greater share of income comes from capital gains, a new study finds.