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.
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The staggering 436-foot "Serene" is one of the world's largest yachts. The yacht, which is owned by Stolichnaya vodka founder Yuri Scheffler, has five levels, several swimming pools, two helicopter pads, an indoor climbing wall, and an underwater viewing room. There are cabins for 24 guests and 52 crew. It's appearance on Manhattan's West Side has created quite a stir, reports CNBC's Robert Frank.
A rare, 1937 French Roadster sold for $6.6 million over the weekend, proving that rich car collectors are still spending.
Since the market bottom in 2009, America's billionaires have seen their fortunes and numbers soar to new records.
Actress Angelina Jolie is the latest in a string of celebrities to criticize proposals for a so-called "mansion tax."
Hundreds of watches containing Napoléon Bonaparte's DNA are being sold by Swiss luxury company De Witt.
The 400 highest earning Americans made a combined $106 billion in 2010, up more than 20 percent from 2009, according to the IRS.
Children of the late Benihana founder Rocky Aoki, are frustrated with how their stepmother is spending their inheritance.
Senior editor at large Jim Pavia discusses options strategies with Carson Wealth research director Brett Carson.
Growth in target-date funds and robo-advisors has led many to believe there's no point in paying for help.
Some advisors say you should consider building a 401(k) portfolio that provides an individualized investment approach.