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 only American designer of Hermes scarves is a postal worker in Waco, Tex.
Mark Pincus has lost $1 billion in paper wealth over the past seven months -- or about $4 million a day, or $200,000 an hour.
The private jet industry is rapidly reinventing itself to adapt to falling demand among the super wealthy, bringing the price of flying private to record lows.
What does Larry Ellison do with all those mansions — and what's he going to do with that $500,000 Hawaiian island? And why does he need a $4 billion line of credit? The Oracle CEO spoke about his curious spending habits in an exclusive interview with CNBC's Maria Bartiromo.
A new study shows that blue states have three quarters of the nation's population worth $30 million or more.
Tax experts say the planned 75 percent tax rate on France's rich will bring in less than hoped, but still may convince the wealthy to relocate beyond the country's borders.
Lamborghini just unveiled the Huracan, a supercar that can reach a top speed of more than 202 mph.
The Facebook CEO is selling 41.4 million shares of Facebook worth around $2.3 billion.
The Fed's largesse over the past five years has amounted to one of the largest ever subsidies to the American wealthy.
Warren Buffett gained more wealth than any other U.S. billionaire, adding $37 million a day, according to one study.