Inside Wealth: Investing
-
The amount of annual income to guarantee happiness varies from country to country, a new international survey finds.
-
The soaring value of fine wines has given collectors an unexpected source of liquidity.
-
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.
-
New IRS data show that those making between $1.5 million and $2 million pay the highest average tax rates in the country.
-
Nowhere is the impact of foreign riches more noticeable than at Lamborghini Miami, one of the nation’s largest sellers of super-cars.
-
In their rush to avoid the tax hikes of the "fiscal cliff," investors may end up with regrets.
-
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.
-
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.
-
Sotheby’s contemporary art sale had total sales of $375 million, shattering the old record of $362 million set in May 2008, before the financial world collapsed.
-
In the wake of Sandy, the election and the Dow's fall, the fall auction season began with a sale that could generously be described as “subdued.”
-
The United States added more than 1,000 millionaires a day under the Obama administration.
-
Companies have given millions to the Sandy cause. But so far, big charity checks from the rich remain scarce.
-
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.
-
America's richest citizens are feeling optimistic about the economy, especially the future returns in technology, energy, and health care.
-
Spending by the super-rich has largely recovered in areas like art, wine, super cars and mansions. But new orders for yachts over 130 feet are down by half since 2008.
-
The battle over Whitney Houston's fortune is not particular to the Houston family. How much is too much to leave the kids?
-
A new study finds that affluent voters will spend more, invest more and put more money into their businesses if Romney wins in November.
-
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.
-
Election experts and lawyers say law specifically prevents employers from telling workers they could lose their jobs if they vote for a certain candidate.
-
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.
-
Frank joined CNBC in 2012 as a reporter and editor. He is a leading journalistic authority on the American wealthy.