Millionaires
featured
*Risk appetite bigger at top Wall Street banks. LONDON, May 22- Europe's energy price manipulation probe has turned regulatory attention to secretive trading units at oil companies with huge turnover and millionaire staff with risk appetite higher than at Wall Street's biggest banks.
» Read More
More
-
"Penta-millionaires," those worth $5 million or more, are happier than the merely rich, a new study shows.
-
New York State's coffers are up $1.6 billion over last year, but the increase is due mostly to the wealthy shifting income into 2012 to avoid higher 2013 taxes.
-
The richest Americans pay to influence U.S. policy toward cost cutting to benefit themselves, said a new study. But they could also be doing the right thing for the economy.
-
Wealthy Chinese are buying more luxury goods — just not at home. Here's where they're spending their money.
-
Dennis Tito, who paid a reported $20 million for a ride on a Russian spacecraft, is said to be backing a privately funded, possibly manned, shot at Mars.
-
Harvard leads all universities with some 52 billionaire alumni with a collective fortune of $205 billion, according to a global list of universities.
-
American millionaires say they are better off than they were at their 2007 peak.
-
CNBC's Robert Frank reports 3 out of 4 millionaires say they're better off or the same as they were in 2007. In short, they've healed from the crisis.
-
Candy king Bruce Weiner is selling off his collection of more than 200 "microcars" for an expected haul of more than $6 million.
-
Mystery surrounded the appearance of Russian billionaire Roman Abramovich's 533-foot yacht, Eclipse, at a berth in mid-town Manhattan.
-
For financial advisers, knowing the value and proper care of client's collections has become an essential part of doing, and keeping, business.
-
In London, surprisingly robust sales of Lamborghinis and Ferraris depend on mass-market techniques as the super-rich spend less freely.
-
As Chinese tourists travel abroad for New Year this week, they will show why the Chinese consumer is considered the top spender in luxury worldwide.
-
Three of the top five on the Chronicle of Philanthropy's 2012 list of Most Generous Donors are under 40 – the largest number of young donors at the top ever.
-
Penny Pritzker, a possible nominee for commerce secretary, has never been comfortable with the title "billionaire." Her wealth could also be an odd fit in the Obama White House.
-
Weathering Europe's economic storm, London auctions this week netted more than $440 million as bidders snapped up high-profile works by Picasso, Modigliani, and Morisot.
-
Long after the housing crash, wealthy homeowners are challenging what they perceive as overly high tax assessments of their properties.
-
Reprising his 2011 crusade, Barack Obama is calling again for eliminating "tax breaks for private jet owners," drawing criticism from the industry and opposing politicians alike.
-
An Australian millionaire made headlines recently by giving $50 million to Australian National University. His reason? To keep it away from his kids.
-
One way to look at the stock market is that it's a giant wealth creation machine, reports CNBC's Robert Frank. Art Hogan, Lazard Capital Markets; and CNBC's Michelle Caruso-Cabrera & Brian Shactman, weigh in.