Inside Wealth


  • $200,000 Lamborghinis Recalled for Fire Risk Thursday, 13 Sep 2012 | 10:45 AM ET
    LP 560-4 Spyder

    Italian sports car maker Lamborghini is recalling some Gallardo models because power steering fluid can leak and catch fire.

  • For Top Executives, Richer Retirement Plans Wednesday, 12 Sep 2012 | 5:52 PM ET

    For the upper tier of executives, changes in retirement plans could actually lead to richer corporate perks, as management moves to compensate for the uncertainties.

  • One Percent Gives Up Ground — to the Five Percent Tuesday, 11 Sep 2012 | 4:41 PM ET
    Upper Middle Class Couple

    While a new study shows that the average One Percenter is worth 288 times the median American, another set of stats shows that the rich aren't necessarily getting richer.

  • Attacks on Bling in China Add to Luxury's Woes Tuesday, 11 Sep 2012 | 12:22 PM ET

    Burberry's profit warning signals a broader problem for the luxury market: China's slowdown.

  • 'Get Lost You Rich Idiot'  Monday, 10 Sep 2012 | 2:30 PM ET

    "Get Lost You Rich Idiot" was the headline from a French newspaper after France's richest man announced he is trying to become a Belgian citizen. CNBC's Robert Frank reports.

  • Luxury group LVMH CEO Bernard Arnault.

    French billionaire Bernard Arnault's request for Belgian citizenship has sparked an outcry over wealthy tax avoiders. But tax lawyers are baffled by the move, which would not reduce Arnault's current taxes.

  • Francois Hollande, Socialist Party (PS) candidate for the 2012 French presidential election, speaks in a gymnasium during a visit on January 29, 2012 in Paris, during the traditional Chinese New Year festivities in the French capital.

    France's watered-down tax on the rich is a lot like Obama's tax hikes: lots of sound, fury and media hype, but little actual change in the tax code.

  • Long Luxury Boom Slows in China Thursday, 6 Sep 2012 | 3:37 PM ET
    Two women look at a jewelry display in a luxury shopping mall in Shanghai. Following in the footsteps of Japan, China has become the world's second-largest consumer of high-end fashion, accessories and luxury goods.

    Prices for luxury goods in China have slowed to their lowest rate since the depths of the financial crisis in 2009.

  • The Ultra-Rich Are Ready to Go Back to Stocks Wednesday, 5 Sep 2012 | 3:13 PM ET

    A new study shows that 62 percent of the people worth $25 million or more plan to buy stocks in the next 12 months.

  • Ultra-Rich Spend More on Vacations, Less on Bling Wednesday, 5 Sep 2012 | 10:35 AM ET

    A new study of people worth $25 million or more shows that they spend more on vacations and home renovations than jewelry or clothing.

  • The 5 Top Trophy Properties to Buy in Europe Tuesday, 4 Sep 2012 | 5:02 PM ET
    Orsini Odescalchi Castle, Bracciano, Italy

    The Euro-crisis has forced some prized historic properties onto the market. Here are the 5 top trophies.

  • Ferrari Crashes Spark Rage at Asia's Rich Tuesday, 4 Sep 2012 | 12:39 PM ET

    A series of unrelated traffic accidents from Bangkok to Beijing has caused vociferous debate about equal justice for rich and poor citizens in Asia.

  • China's Art Bubble May Be Popping Friday, 31 Aug 2012 | 9:08 AM ET
    Picasso, Lot 21

    China powered the art market through the recession. But now the days of feverish buying in Hong Kong may be over.

  • What $2 Million Buys You in Silicon Valley Thursday, 30 Aug 2012 | 4:51 PM ET

    Silicon Valley's dynamic, tech-based economy has inflated home prices in the area for more than two decades. But lately, thanks to a rash of IPO's and the mobility of global wealth, relatively modest properties in the suburban towns south of San Francisco have been going for mansion-like prices.

  • Gina Rinehart

    Gine Rinehart, the mining magnate who some estimate is the world's richest woman, says those who criticize the rich should work more and drink and smoke less.

  • 'Emergency' Tax on the Rich Roils Britain Wednesday, 29 Aug 2012 | 11:24 AM ET
    Deputy Prime Minister Nick Clegg arrives in the Members' Lobby of the House of Commons.

    A proposal for a one-time tax on the wealthy in Britain has sparked a new debate over the fair share contributions of the wealthy.

  • Silicon Valley's Boom Creates Shortage of $1 Million Homes Wednesday, 29 Aug 2012 | 10:22 AM ET
    Christian Wiklund, founder and chief executive officer of Skout, arrives at the home of venture capitalist Kelly Porter in Los Altos, California, U.S.

    The main drivers of demand, realtors say, are executives at established tech companies and Chinese investors.

  • Parking at Your Apartment Door – In the Sky Tuesday, 28 Aug 2012 | 3:16 PM ET

    A development in Singapore features what are described as “en suite sky garages” that automatically transport cars in an elevator to the resident's floor.

  • Americans Think the Rich Are Smarter, but Greedier Monday, 27 Aug 2012 | 3:03 PM ET

    A new poll from Pew Research suggests that many Americans admire the wealthy for their hard work and intelligence. But they also think the wealthy are greedy and less honest.

  • $6 Million Gets You Into 1% at 40, But Not at 60 Monday, 27 Aug 2012 | 11:29 AM ET

    The price of being a One Percenter varies greatly by age, requiring $5.8 million for people in their 40s and twice as much for people in their 60s.


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