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.
As his divorce battle escalates, billionaire Ken Griffin is being asked to paid $1 million a month for child-related expenses.
The Qatari royal family's application to create a $302 million palace in London has been rejected by Westminster's planning office.
Talk about price cuts. Built for $40 million, and never lived in, the home is now listed for just under $14 million.
In the wake of China's crackdown on corruption, there is one luxury product that seems immune: Apple products.
A TD Ameritrade study shows potentially rich millennials are neglected by advisors focused on older, wealthier clients.
Although pricey, long-term-care insurance can help defray the sky-high costs of medical care for many elderly patients.
A survey of the CNBC Financial Advisor Council is bullish on emerging markets as a hedge against market volatility.