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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Fearing an increase in capital gains and dividend taxes, many of the rich are unloading stocks, businesses and homes before the end of the year.
Before the election, David Siegel sent his employees a memo telling them to consider, “Whose policies will endanger your job?”
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.”
While not a record for self-financed campaigns, the $90 million former pro wrestling executive Linda McMahon spent on her two failed Senate bids could have bought her plenty of luxury.
Wealthy candidates are hoping they don't see a repeat of 2010, when millionaire office-seekers were roundly defeated.
The number of millionaire households in America reached an all-time high in 2013.
The private jet market has been slow to recover, but demand and prices for the biggest, priciest planes are soaring.
Imagine the following help wanted ad. "Now Hiring: Candidate wanted to take a $1 million trip around the world—for free."
Vodka magnate Yuri Scheffler, visiting in New York, says he feels sorry for Ukraine. "There is only one law in Russia, and it's called 'Putin.'"
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With interest rates apparently rising, CNBC takes a look at record-high rates from around the world in past decades.
ETFs enjoy record inflows and popularity as vehicles for higher yields and downside protection in a bond bear market.
There is hope on the saving front, as 87 percent of CNBC readers polled said they would save money if they got a windfall.