Inside Wealth: People
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French actor Gerard Depardieu's flirtation with moving to Russia to escape tax hikes obscures the broader fact that wealthy Russians are fleeing their country.
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French actor Gerard Depardieu's flirtation with moving to Russia to escape tax hikes obscures the broader fact that wealthy Russians are fleeing their country.
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Two brothers from Texas who own some 431 square miles of Montana ranch land don't break into the top 30 landowners in America.
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Billionaire Warren Buffett said that killing the charitable deduction would not change his giving.
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San Jose, Calif. and Houston recorded the fastest percentage growth in the number of millionaires among the top 10 Metro areas.
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Before you go out and buy a mansion and a yacht, here is some smarter advice on what you should do if you win the $425 million Powerball.
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Indian farm machinery maker Mahindra and Mahindra is a possible investor in Aston Martin, whose iconic British sports cars are favoured by 007.
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New IRS data show that those making between $1.5 million and $2 million pay the highest average tax rates in the country.
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Nowhere is the impact of foreign riches more noticeable than at Lamborghini Miami, one of the nation’s largest sellers of super-cars.
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A Ferrari F12 Berlinetta sold for $1.125 million over the weekend, with the proceeds going to Hurricane Sandy charity.
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Tech millionaire John McAfee – who’s being sought by Belize police for questioning in a murder – said he is prepared to die if he is taken into custody.
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If the charitable deduction is capped or cut, some say, the United States will lose billions of dollars in charitable donations. But there is little hard data to support the claim.
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An Andy Warhol canvas led Christie's $412.3 million sale in New York, signalling a shift in tastes to midcentury and contemporay American work.
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As Police Seek McAfee, E-Book Bio Is Slated to Appear
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John McAfee, now wanted for questioning in a murder in Belize, moved to the country to escape U.S. regulations and the "materialism" of the American wealth culture.
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Before the election, David Siegel sent his employees a memo telling them to consider, “Whose policies will endanger your job?”
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Millionaires candidates who used their own money to run were roundly rejected by voters last night, and the majority were targeted during the campaign for their wealth.
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While not a record for self-financed campaigns, the $90 million former pro wrestling executive Linda McMahon spent on her two failed Senate bids could have bought her plenty of luxury.
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Wealthy candidates are hoping they don't see a repeat of 2010, when millionaire office-seekers were roundly defeated.
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Companies have given millions to the Sandy cause. But so far, big charity checks from the rich remain scarce.
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The owner of a private bridge in Michigan is spending millions to block a new government-funded bridge nearby. When do the wealthy have too much political influence?
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Frank joined CNBC in 2012 as a reporter and editor. He is a leading journalistic authority on the American wealthy.