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Inside Wealth

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  • For the Rich, Diamonds are the New Stocks Wednesday, 16 May 2012 | 11:55 AM ET
    The 35-carat pear-shaped diamond Marie de Medici wore at her coronation in 1610, one of the world's most famous gems.

    New studies show that the wealthy are pulling back from stocks  and stashing more of their money into real-estate, art and even diamonds.

  • Will Facebook’s Wealth Boom Save California? Wednesday, 16 May 2012 | 10:13 AM ET
    Facebook IPO papers

    Facebook is expected to be one of the largest one-time wealth-creation events in history.  All that new wealth is also expected to generate millions, if not billions, in tax revenues for California. But can Facebook’s Wealth Effect rescue California from its latest budget crisis?

  • In these tough market conditions, it could be said that no private jet model is 100 per cent safe. But this has not stopped new types of private jet travel emerging.

  • Investing in restaurants has a bad name. But plenty of people find ways to run restaurants profitably and make a good deal of money from the enterprise.

  • How Your Household Help Puts You at Risk Thursday, 10 May 2012 | 10:58 AM ET

    Many wealthy homeowners consider their household help members of the family, and don’t think about their constant presence as a wage, discrimination or harrassment suit waiting to happen.

  • New York City skyline

    Reaching for the American dream? Your best chances are probably in New York, New Jersey or Maryland, the New York Times reports.

  • Case Study: How Taxes Keep Swedes in Empty Nests Tuesday, 8 May 2012 | 4:45 PM ET
    Stockholm

    Real estate prices dipped this year because of reduced mortgage availability and market inertia caused by heavy regulation.

  • Investing in a Racehorse Without Breaking the Bank Monday, 7 May 2012 | 7:04 AM ET
    Curlin

    Horse racing is probably the passion investment most fraught with risk and emotions. With the elation of a big victory come the dreams of high breeding fees, and smart owners know that the price paid for a horse has nothing to do with its fate.

  • Horseplayers, Celebs Take Posh Digs for Derby Day Saturday, 5 May 2012 | 3:57 PM ET
    Goshen

    Short term rentals in private homes is a big business for Louisville residents on Derby day.

  • Giving It Away: Hedgies vs. Techs Friday, 4 May 2012 | 3:28 PM ET
    Paul Tudor Jones (L) and Laura Arrillaga Andreesen (R)

    The two groups donate substantially, and look to support for non-profits that are as inventive and different as they are.

  • The World's Most Remote Resorts Friday, 4 May 2012 | 9:06 AM ET
    Getting away from it all gets harder and harder, as cell phones and 4G devices keep us tapped into our lives. These ten getaways take up the challenge, spiriting you away from worldly cares. And we promise you won’t miss civilization one bit. Click ahead for the world’s most remote resorts!

    Getting away from it all gets harder and harder, as cell phones and 4G devices keep us tapped into our lives. These 10 getaways take up that challenge, spiriting you away from worldly cares.

  • Most Expensive Luxury Suites Thursday, 3 May 2012 | 5:19 PM ET
    There are two main ways to get a luxury suite, explains Scott Spencer, president of . The first is to lease one, which is a considerable commitment of time and money. “On the extreme side, the Dallas Cowboys require a 20-year lease agreement for those who want to become suiteholders.  The New York Yankees and Madison Square Garden don’t require as long a commitment, but they have some of the steepest prices in the industry - some suites at Yankee Stadium go for over $800,000 per year and the ver

    The following is a list the most expensive of the sporting events that had the most expensive luxury box suites, from baseball to basketball to football and more.

  • Top Wall Street Art Collectors Thursday, 3 May 2012 | 10:47 AM ET
    The sale of Edvard Munch’s 1895 pastel “The Scream” at Sotheby’s this week has attracted worldwide attention as well as guesses about who would buy the painting and for how much. Those on Wall Street have been known to amass valuable collections of art, both for corporate and private use. Some collectors are renowned for snatching up artwork at auction for tens of millions, and could be among the frontrunners to purchase Munch’s masterpiece. To get an idea of the most avid art buyers on Wall Str

    CNBC's "Power Lunch" team assembled a gallery of the best known art collectors from the financial world. Click ahead to see who made the list.

  • Who Will Buy 'The Scream?' Wednesday, 2 May 2012 | 2:21 PM ET
    Edvard Munch's The Scream

    Wall Street isn’t normally the place to go to talk about fine art, but Sotheby’s big spring art sale in New York has financial players buzzing about blockbuster paintings being offered and possibly bought by some of their own.

  • Monaco

    The invasion of the super-rich has a social impact, diluting what is referred to as the “civic” quality of the cities they have adopted as their playgrounds.

  • Sundance Film Festival

    Investing in a movie seems a risky proposition. But movies can be more than glamorous: for a serious investor there are many ways to make money in films that have little to do with box-office success.

  • CEOs Shut Out at White House Correspondents Dinner Friday, 27 Apr 2012 | 3:05 PM ET
    Chris Hughes, co-founder of Facebook Inc.

    The White House Correspondents Association dinner guest list includes just six people who could be said to be in business, out of more than 120 known guests. Of those, at least three have reasons to be invited other than their business acumen.

  • America's 10 Richest Counties Thursday, 26 Apr 2012 | 3:41 PM ET
    Just as counties are made up of more than towns and cities, the income of county residents depends on more than the local businesses. What follows are the 10 richest counties in America, according to the Average Income by County report from the Census Bureau, which includes the average annual household income from 2006-2010. These counties don’t just contain Fortune 500 business headquarters (though some of them do), and it’s not just the acres of upscale retail that at least one county has that

    Check out the 10 richest counties in America, according to the Average Income by County report from the Census Bureau, which includes the average annual household income from 2006-2010.

  • Do Country Club Perks Pass the 'Snicker Test'? Thursday, 26 Apr 2012 | 10:48 AM ET
    Golf Course

    While many companies are stripping away some of the costly perks bestowed on CEOs, one remains a staple of many executive compensation packages: the country club membership.

  • Her Name Is Lola: An Amateur Racecar for One-Percenters Tuesday, 24 Apr 2012 | 10:54 AM ET
    Lola racecar

    The open-cockpit Lola SP/300R, capable of a top speed of 180 miles per hour, is specifically designed for the nonprofessional road racer — one who has $125,000 to spend on weekend fun.

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