July 6- Warren Buffett on Monday donated about $2.84 billion of Berkshire Hathaway Inc stock to the Bill and Melinda Gates Foundation and four family charities, as part of the billionaire's plan to give away nearly all of his wealth. The Gates Foundation, which focuses on improving education and health and reducing poverty, received about 15.76 million shares,...» Read More
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.
Thai billionaire Charoen Sirivadhanabhakdi has raised his stake in Fraser and Neave (F&N) to more than 50 percent, turning his offer to buy the rest of the Singapore property and drinks conglomerate unconditional.
In New York, gallery art sales or auctions are estimated at $8 billion. CNBC's Robert Frank reports on questions over a bidding for a chandelier.
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)
There's a "50-50 chance" that Dell would be taken private — private equity billionaire Wilbur Ross told CNBC Tuesday, in reaction to reports that the computer maker is in talks with PE firms about a potential $20 billion-plus buyout.
15 Central Park West is one of the most exclusive buildings in Manhattan. It's been home to stars like Denzel Washington, A-Rod and Sting. In this new episode, Dolly takes a former NHL star to tour a $35,000,000 apartment in the iconic building.
Discussing the "fiscal cliff" deal, with Thomas Peterffy, Interactive Brokers founder & CEO. "As a result of the tax increases, we are going to collect substantially less revenues than we thought," he says.
CNBC's Robert Frank reports on the hottest new toy for the very wealthy: your very own personal submarine.
A new Pew Research survey finds that the debate over the wealth gap has calmed slightly, despite a divisive election.
CNBC's Robert Frank reports on the great paradox facing millionaire parents: how to avoid spoiling their wealthy children.
Dish Network has made an unsolicited offer to buy Clearwire for about $2.28 billion, trumping an offer by Clearwire shareholder Sprint Nextel and potentially interfering with Softbank plan to take a majority stake in Sprint.
CNBC's Robert Frank reports more than a dozen Americans have paid more than a million dollars for the much-hyped super car.
Subtract the Oracle of Omaha's charitable donations for this past year, and the total of the top 15 donors would be far less than last year’s $2.6 billion.
Philippines has ambitions to join Macau and Singapore among the ranks of Asia's top gaming destinations. Buoyed by stellar economic growth, the casino rush is starting.
Nutrition company Herbalife plans to host an analyst day shortly after the New Year, in response to a battery of charges leveled at the company by hedge fund guru Bill Ackman.
Hedge Fund guru Bill Ackman strongly defended his characterization of Herbalife,as a "pyramid scheme" on Thursday, telling CNBC that the nutrition company was luring "millions of low income people around the world" into a system he called fraudulent.
Hedge-fund manager Bill Ackman is short Herbalife and has told people he considers the business a “pyramid scheme.” Herbalife CEO Michael Johnson sharply denied the allegations.
Currently, couples can give away $10 million in lifetime gifts without paying transfer taxes, but President Obama has now proposed that couples be limited to $1 million in gifts, and any additional gifts be taxed at 55 percent. CNBC's Robert Frank has the details.
Europe's leaders agreed to press on with further steps to shore up their finances and sustain momentum in tackling the debt crisis on Friday, a day after clinching a deal on banking supervision and approving long-delayed aid to Greece.
From outside Michigan Republican circles, it appeared that the Republican drive to weaken unions came out of the blue - proposed, passed and signed in a mere six days.