Robert Frank is an award-winning journalist, best-selling author and a leading authority on the American wealthy. He joined CNBC in May 2012 as a reporter and editor.
Prior to CNBC, Frank worked at The Wall Street Journal for 18 years, serving as a foreign correspondent in London and Singapore, and later covering Wall Street and corporate scandals. For eight years, he was the paper's Wealth Reporter, covering the lives, culture and economy of the new rich.
Frank is the author of two books: "Richistan," a New York Times best-seller, and "The High-Beta Rich," released in 2011. His blog, The Wealth Report, was named by Time magazine as one of America's most influential financial blogs.
Frank holds a bachelor's degree in literature from State University of New York at Binghamton. He lives in New York with his wife and two daughters.
Follow Robert Frank on Twitter
When wealthy Russians shopped for assets in the West in the past decade, they usually looked for status. Now they're hunting for something else.
Most people probably don't want their six-figure sports cars all marked up, unless it's been marked up by the world's best basketball players. This one-of-a-kind 2002 Aston Martin Vanquish is the only car on the planet to have 50 signatures on it from 50 basketball Hall of Famers, increasing its value over 500 percent.
A British multimillionaire could well be the first person to purchase the so called "holy-trinity" of rare supercars.
Just as the superyacht industry recovers, it sails into another storm as rich Russians, hit by the weak ruble, could put off buying.
The growing income gap is one of the top economic concerns for American millionaires, topping terrorism and the budget deficit.
Feadship has created a hybrid megayacht, making megayachting a little more carbon-friendly.
Clients keep advisors on their toes with questions about topics, from asset allocation to long-term health care.
Bob Johnson, president of The American College, dissects the decades-old Super Bowl stocks indicator theory.
Risk tolerance is comfort with market volatility, and when it comes to investing, it matters more than you think.