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 Ferrari F12 Berlinetta sold for $1.125 million over the weekend, with the proceeds going to Hurricane Sandy charity.
If the charitable deduction is capped or cut, some say, the United States will lose billions of dollars in charitable donations. But there is little hard data to support the claim.
As Police Seek McAfee, E-Book Bio Is Slated to Appear
John McAfee, now wanted for questioning in a murder in Belize, moved to the country to escape U.S. regulations and the "materialism" of the American wealth culture.
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A Manhattan mansion owned by an oil heiress who never lived there has sold for $42.5 million, according to the New York Daily News.
Tony Colley, head manager of Lootah Premium Foods, created a 24-carat gold, non-alcoholic wine for Dubai.
For the super rich, home staging is a high-priced production. CNBC tagged along on a $45,000 plan to ready an LA mansion for sale.
Some 15 percent of sandwich generation adults in their 40s and 50s are financially supporting both an aging parent and a child.
With 1 in 5 Americans a victim of credit-report errors, an annual financial checkup is just as important as a yearly physical.
Most investing education focuses on how to buy stocks rather than how to sell them, but the decision about when and why to sell is critical.