Inside Wealth: Politics
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Penny Pritzker, a possible nominee for commerce secretary, has never been comfortable with the title "billionaire." Her wealth could also be an odd fit in the Obama White House.
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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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The long-favorable tax policies for the wealthy are rapidly falling one by one. Now it may be India's turn.
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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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The United States added more than 1,000 millionaires a day under the Obama administration.
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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 wealthier the Californian, a study of tax data says, the less likely he or she is to move to avoid taxes aimed at the rich.
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One57, a luxury apartment building in Manhattan that has grabbed headlines for its use of controversial tax breaks, is now being closely watched by emergency teams, as a crane, apparently knocked loose by Hurricane Sandy, dangled from its topmost floor.
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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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A new study finds that affluent voters will spend more, invest more and put more money into their businesses if Romney wins in November.
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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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The 75 percent tax on millionaires in France has caused more of the rich to put their homes up for sale. But don't expect bargains in Paris, where prices remains high.
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A new study shows that the choice of President doesn't matter much for the course of income inequality in America.
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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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The latest polls shows that Gov. Brown's Nov. 6 ballot measure, known as Proposition 30, is on the ropes, thanks in part to more than $50 million one family has spent to defeat it.
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New York's Department of Buildings is asking for more information on the luxury tower that's seeking tax breaks aimed at low-income housing.
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Seeking to avoid more division over his wealth tax hike, the French president moved to squelch a legislative amendment that would extend the tax to art assets.
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Mark Cuban said that CEOs shouldm't tell employees how to vote in a seeming reference to Westgate CEO David Siegel's email to employees.
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Frank joined CNBC in 2012 as a reporter and editor. He is a leading journalistic authority on the American wealthy.