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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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.
A new poll shows that in households worth $800,000 or more, the women favor Mitt Romney for president.
Oracle chief Larry Ellison has pledged more than $4.2 billion in company stock for personal loans. Apparently, islands in Hawaii can get expensive.
A new report raises doubts about how many billionaires among the Forbes 400 are truly "self-made rich."
Jeffrey Gundlach, a bond investor, announced yesterday that he’s offering $1.7 million for the return of his entire art collection, including $1 million for a Mondrian.
The worst may be over for foreclosures in the high-end real-estate market, brokers say
The private jet market has been slow to recover, but demand and prices for the biggest, priciest planes are soaring.
The number of millionaire households in America reached an all-time high in 2013.
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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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.
No matter your generation, there are steps pre-retirees can take to help build their 401(k).