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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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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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.
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A British socialite is embroiled in a fight between an ex-Goldman exec and a hedge-fund millionaire over her child-support claims.
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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.
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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.
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The FBI says the Upper East Side gallery figured in a gambling and money-laundering ring that stretched from Moscow to Los Angeles.
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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.
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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.
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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.
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Cosmetics tycoon Leonard Lauder has promised New York's Metropolitan Museum of Art his long-sought collection of Picassos and other works.
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Silicon Valley’s latest attempt to shape national policy risks attracting negative publicity, critics say.
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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.
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Forget about golden parachutes. Mason may be the first CEO in modern-day capitalism to get a lead parachute.
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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.
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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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Frank joined CNBC in 2012 as a reporter and editor. He is a leading journalistic authority on the American wealthy.