Inside Wealth
featured
A growing number of companies are offering "yacht shipping" services, where yachts are loaded and carried on giant cargo ships to distant locations.
» Read More
More
-
The FBI says the Upper East Side gallery figured in a gambling and money-laundering ring that stretched from Moscow to Los Angeles.
-
In the highly personal interview, the cable magnate talked about his wealth, his land holdings and the one toy he does enjoy: Barry Diller's yacht.
-
The founder of the hedge fund Third Point has reportedly purchased the 200-foot "April Fool" from Sandy Weill, the former CEO and chairman of Citigroup for about $52 million.
-
Higher than expected tax revenues resulting from outsized gains by the wealthy in 2012 could ease the budget pressures in Washington — or stoke arguments over taxes and spending.
-
A new study is turning the American dream on its head: Maybe it's not hard work that brings success and money. Maybe it's sheer brainpower.
-
The recent birth of a daughter to Roman Abramovich and his girlfriend helps explain why the Russian billionaire has kept his mega-yacht docked on Manhattan's West Side.
-
Several hedge fund leaders who had giant paydays last year earned their riches the old-fashioned way: by posting big returns on their investments. The New York Times reports.
-
That'll give him something to wine about: A judge awarded a billionaire $12 million after a tech entrepreneur sold him vintage wine that turned out to be fake.
-
From handpicked flowers to three brands of shampoo, hotels are offering choices to guests who shy away from cookie-cutter travel experiences.
-
The gusher of cash from the Fed explains why prices for everything from 1950s Ferraris to Brazilian farmland to old U.S. stamps are surging.
-
For President Obama, new revenues depend on curbing deductions for affluent taxpayers and implementing Warren Buffett's minimum 30 percent tax for millionaires.
-
Silicon Valley’s latest attempt to shape national policy risks attracting negative publicity, critics say.
-
Which ZIP codes were home to the priciest home sales? A new report takes a look.
-
Cosmetics tycoon Leonard Lauder has promised New York's Metropolitan Museum of Art his long-sought collection of Picassos and other works.
-
A new yacht launched Friday bumped Russian oligarch Roman Abramovich's yacht – the 536-foot Eclipse – from its number one ranking.
-
New data from the IRS shows that tax filers with taxable incomes of $1 million or more were audited nearly 12 times more often than the population as a whole.
-
London's blue chip neighborhoods like Belgravia are increasingly owned by rich, and largely absent, foreigners.
-
Steven A. Cohen is known for his rapid-fire trading style at his hedge fund SAC Capital Advisors. He seems to be taking a similar approach with recent purchases. The NY Times reports.
-
"Taxes are going to kill spending!," they cried. "Don't punish the rich!" Well, the rich have spoken and guess what? They're still spending.
-
Here's one sign of a global housing recovery: Every month seems to bring a new "world's most expensive" listing or sale. This month's offering is the penthouse of the Tour Odeon in Monaco.
-
Frank joined CNBC in 2012 as a reporter and editor. He is a leading journalistic authority on the American wealthy.