Inside Wealth Richistan
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The life of a "close protection operator," charged with protecting mega-wealthy clients and giving their families peace of mind.
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The life of a "close protection operator," charged with protecting mega-wealthy clients and giving their families peace of mind.
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The long rally in stocks has been the biggest driver of the number of millionaires, which may have already exceeded an all-time record.
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The collectibles market grew by 175 percent over the past 10 years – a far better record than U.S. stocks. The biggest surprise? Coins.
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Amelia Island's classic car auctions brought less than last year, but Ferrari prices, a closely watched telltale, easily matched expectations.
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At an auction of classic Ferraris, collectors will be anxious to see if the skyrocketing prices still have room to run.
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Candy king Bruce Weiner is selling off his collection of more than 200 "microcars" for an expected haul of more than $6 million.
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With the average price of collectible Ferraris up more than 70 percent, this weekend's auction of vintage GT and GTOs is drawing attention.
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More than 1,000 private jets are expected to fly into New Orleans this weekend, just under last year's tally of around 1,100 planes in Indianapolis – one of the biggest ever.
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With 82 percent of all directly owned stocks in the United States in the hands of the wealthiest five percent of Americans, the gains from the recent stock market surge will go almost entirely to those who are already rich.
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In pure dollar terms, Americans are nearly as wealthy as ever, but only if housing continues to strengthen will the so-called 'wealth effect' kick in.
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The zeal with which Swiss citizens backed the curbs on executive pay is just the latest sign that Switzerland's relationship with the ultra-wealthy is beginning to change.
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Looking for the best return on your college investment? Here's a fun list: The top 10 universities for producing billionaires -- and some of their famous alum.
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Guessing the number of billionaires in the world (or even in a single country) is just that -- a guessing game. But it's a highly profitable and increasingly popular one.
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Less than a year after buying the Hawaiian island of Lanai, Oracle chief Larry Ellison has purchased Island Air, a local airline that factors in his development plans.
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"Penta-millionaires," those worth $5 million or more, are happier than the merely rich, a new study shows.
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Wealthy Chinese are buying more luxury goods — just not at home. Here's where they're spending their money.
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Harvard leads all universities with some 52 billionaire alumni with a collective fortune of $205 billion, according to a global list of universities.
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Dennis Tito, who paid a reported $20 million for a ride on a Russian spacecraft, is said to be backing a privately funded, possibly manned, shot at Mars.
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American millionaires say they are better off than they were at their 2007 peak.
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An auction by collector Bruce Weiner has brought renewed attention to "microcars," a popular automobile genre valued as much for their cute looks and ingenious designs as for their parsimony.
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Frank joined CNBC in 2012 as a reporter and editor. He is a leading journalistic authority on the American wealthy.