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 survey shows that multi-millionaires use advisers for only half of their money, or less.
The billionaire buyers of $90 million apartments at the One57 tower in Manhattan will be saving more than $180,000 a year due to tax breaks aimed at low-income housing.
If President Obama is re-elected and raises taxes, Westgate Resort's David Siegel says he will have to lay off workers and downsize his company — or even shut it down.
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.
If Miami real estate is a bubble, it's still inflating fast, with the average sales price for Miami real estate up 19 percent in the first quarter.
French economist Thomas Piketty says wealth gap will continue to widen over time.
Alex Ferguson is auctioning thousands of bottles of vintage wine worth around £3 million ($5 million).
If you're rich, you're more likely to be audit. Five things to watch to help avoid an audit.
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Hobbyists frustrated with markets and able to hold investments for years are turning to tangible assets, such as stamps.
Rising rates will impact consumers beyond bond portfolios, affecting credit card bills, auto loans and more.
Scammers are exploiting Heartbleed fears, so purported fixes might be ploys to get access to financial information.