Inside Wealth: People
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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.
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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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The Star Wars creator's wealth will soar to more than $5.2 billion after Disney purchases Lucasfilms.
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New data reveal a staggering increase in billionaires’ wealth as a percentage of national income in India to a whopping 22 percent in 2008.
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Rumors were that plans for the former Apple CEO's boat had been shelved during Jobs's illness. But the yacht has just had its posthumous launch in the Netherlands.
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The battle over Whitney Houston's fortune is not particular to the Houston family. How much is too much to leave the kids?
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A study from American Express Publishing and Harrison Group shows that holiday spending will grow 33.5 percent among the top one percent of earners this Christmas, to $3.4 billion.
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Election experts and lawyers say law specifically prevents employers from telling workers they could lose their jobs if they vote for a certain candidate.
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Frank joined CNBC in 2012 as a reporter and editor. He is a leading journalistic authority on the American wealthy.