HOUSTON— In a story Aug. 21 about a new state park planned for southeast Texas, The Associated Press erroneously reported the amount of money from a BP and Transocean fund that was used to buy the land. Conservationists team up to buy Texas bayside ranch with $30 M from BP's 2010 oil spill fund.» Read More
Traditionally it was poverty that caused social ills. But the evidence that wealth makes people callous is starting to mount.
Investor Carl Icahn updates "Fast Money" on what he wants to see happen to a company he calls a "very undervalued asset."
Billionaire investor Carl Icahn questioned the timing of certain stock sales by Forest Laboratories' CEO Howard Soloman today, and discusses his concerns over its corporate governance.
A Morgan Stanley strategist has come up with a new yard-stick for national competitiveness: the billionaire indicator.
60% of millionaires are likely to vote for Mitt Romney, reports CNBC's Robert Frank.
Affluent women are more likely to vote for Obama, but on the whole, affluent and wealthy voters are leaning toward Romney, reports CNBC's Robert Frank.
Excalibur Almaz will charge wannabe astronauts an average of £100 million for a six to eight month journey exploring deep space
To meet the demand, companies have sprung up around the world to reinforce and bulletproof cars and trucks — a practice known as “up-armoring.”
High-end New York brokers were asked: If your client were spending $30 million or more, what five apartments would you show them?
CNBC flew to Nebraska to spend some time with Warren Buffett bodyguard Dan Clark during a two-day executive training session he organized for dozens of security guards.
For the average American, a home alarm system may be the extent of his or her security detail. But the super-rich are taking security to a new high in technology and price.
CNBC's Kayla Tausche looks at where to make money in a tough market, while Robert Frank weighs in on where the rich are hunting for yield.
Whether it’s wealthy French or Americans fleeing the prospect of higher taxes or wealthy Russians and Chinese trying to escape political uncertainty, millionaires and billionaires around the world are migrating like never before, according to government statistics and relocation experts.
According to Forbes, only 8.5 percent of the world’s 1,226 billionaires are women. Why aren't there more?
In China, more than 2,800 women gathered to meet, and possibly marry, a group of 11 men purportedly worth a billion yuan.
Is the Facebook IPO good for the economy? Andrew Rachleff, Wealthfront president & CEO and David Callahan, Demos, weigh in.
How new millionaires can hold on to their riches, with David Greenberg, Greenberg Capital founder and James Altucher, Formula capital managing director. "People would pass me on the street and ask to borrow money," says Altucher.
The "Squawk on the Street" team discusses Facebook's hackathon last night ahead of its IPO, with CNBC's Carl Quintanilla live from its headquarters in Menlo Park, California.
The "Squawk on the Street" team discusses the action surrounding Facebook's upcoming IPO this morning and takes a bird's eye view of the excitement at the company's headquarters in Menlo Park.
CNBC's Wealth Editor Robert Frank reports that America's wealthiest people are saving more than a third of their income instead of investing it in the stock market.