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Inside Wealth: People

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  • Saudi billionaire Prince Alwaleed bin Talal is looking at the world's largest cities, as possible locations to build a mile-high skyscraper that would be the world's tallest building by far.

  • Saudi Prince Spends $19.5 Million at Disneyland Tuesday, 4 Jun 2013 | 3:09 PM ET
    Disney character Mickey poses in front of the Sleeping Beauty Castle at Disneyland park outside Paris, France.

    Disneyland likely says it gives visitors to its theme parks the royal treatment, but if you want to see the park through the eyes of a real prince be prepared to pay up.

  • When to Tell the Kids They're Rich Tuesday, 21 May 2013 | 11:17 AM ET
    Bernie Ecclestone is seen at his motorhome with his daughters Tamara Ecclestone (L) and Petra Ecclestone (R).

    A new study from U.S. Trust suggests that millionaire parents often don't tell their children how rich they are until well into adulthood. In fact, most believed their kids should little about the family's wealth before the age of 25.

  • David Karp with his father, Michael.

    David Karp stands to make more than $200 million on the sale of his Tumblr blogging site to Yahoo. But his father tells CNBC that money doesn’t motivate the young entrepreneur.

  • Taxman Sends Message With Lauryn Hill Verdict Tuesday, 7 May 2013 | 1:59 PM ET
    Lauryn Hill leaves court in Newark, N.J. Hill pleaded guilty in June 2012 for failing to pay federal taxes on $1.8 million earned from 2005 to 2007.

    Tax attorneys say celebrities like Grammy Award winner Lauryn Hill are often sentenced and prosecuted more vigorously so that officials can send a message to the public.

  • Perelman: High Taxes for the Rich, but Not This One Thursday, 2 May 2013 | 2:08 PM ET
    Ron Perelman chairman and CEO of MacAndrews & Forbes

    Most of the wealthy have a binary view of taxes: less or more. But billionaire Ronald Perelman has a more nuanced view. He believes income taxes should be high for the wealthy, but the estate tax should be abolished.

  • Millionaires Clash Over Socialite’s Child Support Friday, 26 Apr 2013 | 11:07 AM ET
    Annabelle Bond

    A British socialite is embroiled in a fight between an ex-Goldman exec and a hedge-fund millionaire over her child-support claims.

  • After Scandal, France Pushes Wealth-Disclosure Law Wednesday, 24 Apr 2013 | 5:09 PM ET
    French President Francois Hollande

    Stung by revelations about his ex-budget minister's Swiss bank account, French President Francois Hollande pushed legislation aimed at making elected officials disclose their wealth.

  • Billionaire Munger Gives Alma Mater $110 Million Friday, 19 Apr 2013 | 10:30 AM ET
    Charles Munger

    Berkshire Hathaway billionaire Charles Munger is giving a $110 million in stock to the University of Michigan — the largest donation in its history — for a graduate student residence hall.

  • Top Manhattan Gallery Raided in Gambling Probe Wednesday, 17 Apr 2013 | 9:35 AM ET
    Federal agents remove computers from the Helly Nahmad Gallery at the Carlyle Hotel in New York.

    The FBI says the Upper East Side gallery figured in a gambling and money-laundering ring that stretched from Moscow to Los Angeles.

  • Billionaire Malone on Wealth, Death and Yachts Tuesday, 16 Apr 2013 | 12:38 PM ET
    John Malone

    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.

  • Abramovich Birth Solves Mystery of Yacht's Berth Monday, 15 Apr 2013 | 3:23 PM ET
    'Eclipse' owned by Russian businessman Roman Abramovitch.

    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.

  • Billionaire Wins $12 Million in Fake Wine Suit Friday, 12 Apr 2013 | 4:13 PM ET
    William Koch

    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.

  • Lauder Gives Away $1 Billion Worth of Art Wednesday, 10 Apr 2013 | 9:04 AM ET
    Leonard A. Lauder

    Cosmetics tycoon Leonard Lauder has promised New York's Metropolitan Museum of Art his long-sought collection of Picassos and other works.

  • Will Tech Titans' PAC Harm Silicon Valley's Brand? Wednesday, 10 Apr 2013 | 12:25 PM ET
    Mark Zuckerberg speaks with the media after launching a new Facebook mobile phone platform.

    Silicon Valley’s latest attempt to shape national policy risks attracting negative publicity, critics say.

  • Billionaire Divorce May Pressure Continental Stock Friday, 22 Mar 2013 | 10:43 AM ET
    Harold Hamm and his wife Sue Ann Hamm, in April, 2012

    The split between oil king Harold Hamm and his wife could required him to sell a large number of shares or give her shares that she might then sell.

  • Andrew Mason’s $378.36 Retirement Package Friday, 1 Mar 2013 | 1:18 PM ET
    Andrew Mason, former CEO of Groupon Inc.

    Forget about golden parachutes. Mason may be the first CEO in modern-day capitalism to get a lead parachute.

  • Larry Ellison's Growing Empire Now Has an Airline Wednesday, 27 Feb 2013 | 1:26 PM ET

    Less than a year after buying the Hawaiian island of Lanai, Oracle chief Larry Ellison has purchased Island Air, a local airline that factors in his development plans.

  • Depardieu Aside, the Rich Aren’t Moving to Russia Thursday, 3 Jan 2013 | 3:02 PM ET
    French actor Gerard Depardieu

    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.

  • The Five Largest Landowners in America Tuesday, 18 Dec 2012 | 5:06 PM ET

    Two brothers from Texas who own some 431 square miles of Montana ranch land don't break into the top 30 landowners in America.