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Millionaires

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  • 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.

  • My Mansion's Worth What? Wealthy Fight Assessors Thursday, 7 Feb 2013 | 4:16 PM ET

    Long after the housing crash, wealthy homeowners are challenging what they perceive as overly high tax assessments of their properties.

  • New Dogfight Between Obama and Private Jet Industry Wednesday, 6 Feb 2013 | 1:52 PM ET

    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.

  • Wealth 'Poisons' Kids, Says Aussie Finance Tycoon Wednesday, 6 Feb 2013 | 10:44 AM ET
    Graham Tuckwell, Founder and Chairman of ETF Securities.

    An Australian millionaire made headlines recently by giving $50 million to Australian National University. His reason? To keep it away from his kids.

  • Wealth Boom is Back  Tuesday, 5 Feb 2013 | 7:45 PM ET

    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.

  • Did 2013 Tax Hikes Slow Charitable Giving in 2012? Tuesday, 5 Feb 2013 | 11:41 AM ET

    Giving in the United States grew by a scant two percent in 2012, the slowest since the depths of the financial crisis in 2009.

  • Does Money Buy Happiness?  Monday, 4 Feb 2013 | 1:45 PM ET

    Money can't buy you love, but it certainly can help out in other ways, reports CNBC's Robert Frank, who looks at whether money can really make you happy.

  • Who Says Money Doesn't Buy Happiness? Monday, 4 Feb 2013 | 10:50 AM ET

    A new survey from Spectrem Group finds that only 20 percent of affluent and wealthy investors agree that "money can buy happiness."

  • And We're Back! Dow 14,000 Fuels a New Wealth Boom Friday, 1 Feb 2013 | 11:22 AM ET

    With the Dow breaching 14,000, investors have recovered the more than $8 trillion in wealth lost during the recession and millionaires are more numerous and more confident than they've ever been.

  • Why the Wealthiest Benefit Most From Dow 14,000 Friday, 1 Feb 2013 | 11:18 AM ET

    With 82 percent of all directly owned stocks in the United States in the hands of the wealthiest five percent of Americans, the gains from the recent stock market surge will go almost entirely to those who are already rich.

  • The Five Highest Tax States for the Highest Earners Thursday, 31 Jan 2013 | 4:13 PM ET
    New Jersey Gov. Chris Christie struggles to balance his budget despite taxing his wealthiest citizens at one of the highest rates in the nation

    Virtually every state's tax system unfairly takes from those who make the least, says a new report. But which states take the most from their richest residents?

  • Bowl-Bound Jets Stock Up on Dom Perignon and Wings Thursday, 31 Jan 2013 | 2:30 PM ET

    More than 1,000 private jets are expected to fly into New Orleans this weekend, just under last year's tally of around 1,100 planes in Indianapolis – one of the biggest ever.

  • Surprise! Higher Taxes=More Money to Charity  Tuesday, 15 Jan 2013 | 10:24 AM ET

    Charities worried that higher tax rates would leave less money for donations. But, as Robert Frank reports, it's not turning out that way. (1:42)

  • Most Awesome Must-Have Billionaire Toy Ever  Friday, 11 Jan 2013 | 10:23 AM ET

    CNBC's Robert Frank reports on the hottest new toy for the very wealthy: your very own personal submarine.

  • Rich vs. Poor Debate Quiets After Election: Poll Friday, 11 Jan 2013 | 8:30 AM ET

    A new Pew Research survey finds that the debate over the wealth gap has calmed slightly, despite a divisive election.

  • Skype Founder Browses Globe for Next Tech Earner Friday, 11 Jan 2013 | 7:50 AM ET
    Earth Net

    Niklas Zennstrom, co-founder of Skype, believes the next hot tech business can come from anywhere around the globe.

  • LONDON, Jan 11- Niklas Zennstrom, co-founder of internet phone service Skype, believes the next hot tech business will just as likely spring from Istanbul or Sao Paolo as from Silicon Valley or the coolest districts of London.

  • Can the Rich Buy 'Middle Class Values?'  Thursday, 10 Jan 2013 | 10:23 AM ET

    CNBC's Robert Frank reports on the great paradox facing millionaire parents: how to avoid spoiling their wealthy children.

  • Haute Wheels: The $1.6 Million Dollar Huayra  Monday, 7 Jan 2013 | 10:44 AM ET

    CNBC's Robert Frank reports more than a dozen Americans have paid more than a million dollars for the much-hyped super car.

  • Living Like a Lord  Friday, 4 Jan 2013 | 2:58 PM ET

    Taking a closer look at the real cost to owning a grand British country estate, with CNBC's Robert Frank.