Millionaires & Billionaires


  • Billionaire Sean Parker is loving politics in 2014 Monday, 21 Apr 2014 | 10:47 AM ET
    Sean Parker, co-founder of Napster Inc. and managing partner of the Founders Fund.

    The former Facebook and Napster executive is retaining advisers to bring new focus to his political enterprises, says Politico.

  • 5 steps the rich can take to try to avoid an audit Tuesday, 15 Apr 2014 | 12:32 PM ET
    Don’t audit me because I’m beautiful. Supermodel Gisele Bundchen recently told a Brazilian news site that she was audited by the IRS after she was listed on Forbes' Supermodel Rich List. The former Victoria's Secret model has been on the Forbes list for seven straight years.

    There are only two ways sure-fire ways to reduce your chances of getting audited by the IRS: keep your taxes simple, and don't make a lot of money.Rich people don't have that choice, of course.

  • The average tax bill for the 1% is how much?! Monday, 14 Apr 2014 | 1:07 PM ET

    For most Americans, the tax increases passed in January 2013 look like ancient history. But for the wealthy, the bill for those changes is now coming due.

  • $102M Los Angeles mansion available for lease Friday, 11 Apr 2014 | 12:43 PM ET

    The Fleur de Lys, the Westside mansion that recently sold for a Southern California record-breaking price of $102 million, is on the market for long-term lease at $400,000 a month, according to a report in the Los Angeles Times.

  • Spare $55 million? Buy this Bahamas island Friday, 11 Apr 2014 | 12:11 PM ET
    Innocence Island is the largest privately held island in the Bahamas.

    Wealthy sunseekers looking for a holiday home will head to New York next month for the auction of the Bahamas' largest private island.

  • McLaren's new $280,000 supercar Thursday, 10 Apr 2014 | 4:43 PM ET
    Maclaren 650S Spider

    The 650S is the starter McLaren, priced at around $280,000—about a quarter of the price of its flagship P1 model.

  • The really rich don't really mind high taxes!?! Thursday, 10 Apr 2014 | 8:15 AM ET

    A new study finds that the richer you are, the more likely you are to support paying higher tax rates.

  • Biggest billionaire losers of the market's slide Tuesday, 8 Apr 2014 | 1:10 PM ET
    Mark Zuckerberg, chief executive officer and co-founder of Facebook.

    A look at some tech billionaire's wealth offers a lesson in tech stock volatility.

  • Surprise! Some NY rich may face 164% estate tax Tuesday, 8 Apr 2014 | 9:02 AM ET

    A change in New York's estate tax contains a hidden wrinkle that could leave some multimillionaires with a much bigger surprise tax upon their death.

  • China's rich should give more, Bill Gates says Monday, 7 Apr 2014 | 9:07 AM ET
    Bill Gates

    China's rich have acquired many of the tastes of the Western rich, but Bill Gates says they haven't embraced one of the most important: philanthropy.

  • When your kids have private-jet envy Friday, 4 Apr 2014 | 9:39 AM ET

    It can be tough being a rich kid in Aspen. You have to know when to show off your wealth and when to keep it under wraps, according to a story in aspenjournalism.org.

  • Millionaires ignite real estate bidding war     Wednesday, 2 Apr 2014 | 8:44 AM ET

    It's a perfect storm and everyone is buying, says Fredrik Eklund, Bravo's "Million Dollar Listing New York" star, discussing Manhattan's soaring luxury real estate market.

  • You’re only a rich Brit if you’ve got $17 million Wednesday, 2 Apr 2014 | 7:44 AM ET

    How do you know when you're rich? According to a survey, most people reckon it is when you are worth over £10 million ($17 million).

  • New York apartment prices soar to new record Tuesday, 1 Apr 2014 | 11:21 AM ET
    Apartment buildings on the Upper East Side neighborhood of New York, Feb. 25, 2014.

    The average sales price for apartments in New York City jumped 15 percent in the first quarter to $1,773,523, putting the average price per square foot at $1,363.

  • Income divide among wealthy     Monday, 31 Mar 2014 | 2:57 PM ET

    CNBC's Robert Frank reports on the income gap among the wealthy.

  • Rich vs super rich, the other wealth gap Monday, 31 Mar 2014 | 2:11 PM ET

    Although there's lots of noise about the growing wealth gap between the rich and the poor, that isn't the fastest-growing wealth gap in America.

  • And billionaires' favorite city is … Monday, 31 Mar 2014 | 8:32 AM ET
    Residential properties are seen in a street in Mayfair, London, U.K.

    London is the European city the world's billionaires like to call home, according to research published by Beauchamp Estates and Dataloft.

  • Millennial millionaires just want to get rich Friday, 28 Mar 2014 | 12:20 PM ET

    Contrary to their austere image, millennials are a fairly wealthy generation, accounting for a quarter of America's millionaires, and they like their luxury.

  • Where in the world are the millionaires going? Thursday, 27 Mar 2014 | 1:51 PM ET

    According to a report, the U.K. was the number one destination for migrating millionaires over the past decade.

  • Wealthy resume hunt for properties in paradise Wednesday, 26 Mar 2014 | 2:07 AM ET
    Four Winds, Barbados - guide price $55 million

    Luxury home-buying in the Caribbean is bouncing back this year, with real estate agents citing the improved economic picture in the U.K. and U.S.


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