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Wealth Inside Wealth


  • Yes, the Rich Got Richer—But Only the Mega-Rich Monday, 17 Sep 2012 | 4:03 PM ET

    A new survey shows that while billionaires added to their population and fortunes, the wealth of people worth $30 million or more fell.

  • Tax Cuts for Rich Don't Help Economy: Study Monday, 17 Sep 2012 | 11:14 AM ET
    Tax Cuts for Rich Don't Help Economy: Study

    CNBC's Robert Frank reports on a new non-partisan study that finds tax cuts for the rich do not promote overall economic growth.

  • Study: Tax Cuts for the Rich Don’t Spur Growth Monday, 17 Sep 2012 | 10:46 AM ET
    House Party

    A new study from the non-partisan Congressional Research Service found that tax cuts for the wealthy do not generate stronger economic growth. But they may increase inequality.

  • Does Quantitative Easing Mainly Help the Rich? Friday, 14 Sep 2012 | 10:12 AM ET
    Federal Reserve Bank Chairman Ben Bernanke

    The Fed's latest round of quantitative easing will probably benefit the top 5 percent of Americans the most.

  • Salaries for the Wealthy Still Falling Thursday, 13 Sep 2012 | 1:11 PM ET
    Former U.S. President Bill Clintonspeaks on stage during day two of the Democratic National Convention.

    New data from the Census Bureau shows that the income for the top five percent of earners has fallen since 2001 - and they are still below 1999 levels.

  • $200,000 Lamborghinis Recalled for Fire Risk Thursday, 13 Sep 2012 | 10:45 AM ET
    LP 560-4 Spyder

    Italian sports car maker Lamborghini is recalling some Gallardo models because power steering fluid can leak and catch fire.

  • For Top Executives, Richer Retirement Plans Wednesday, 12 Sep 2012 | 5:52 PM ET

    For the upper tier of executives, changes in retirement plans could actually lead to richer corporate perks, as management moves to compensate for the uncertainties.

  • One Percent Gives Up Ground — to the Five Percent Tuesday, 11 Sep 2012 | 4:41 PM ET
    Upper Middle Class Couple

    While a new study shows that the average One Percenter is worth 288 times the median American, another set of stats shows that the rich aren't necessarily getting richer.

  • Attacks on Bling in China Add to Luxury's Woes Tuesday, 11 Sep 2012 | 12:22 PM ET

    Burberry's profit warning signals a broader problem for the luxury market: China's slowdown.

  • 'Get Lost You Rich Idiot' Monday, 10 Sep 2012 | 2:30 PM ET
    'Get Lost You Rich Idiot'

    "Get Lost You Rich Idiot" was the headline from a French newspaper after France's richest man announced he is trying to become a Belgian citizen. CNBC's Robert Frank reports.

  • Luxury group LVMH CEO Bernard Arnault.

    French billionaire Bernard Arnault's request for Belgian citizenship has sparked an outcry over wealthy tax avoiders. But tax lawyers are baffled by the move, which would not reduce Arnault's current taxes.

  • Francois Hollande, Socialist Party (PS) candidate for the 2012 French presidential election, speaks in a gymnasium during a visit on January 29, 2012 in Paris, during the traditional Chinese New Year festivities in the French capital.

    France's watered-down tax on the rich is a lot like Obama's tax hikes: lots of sound, fury and media hype, but little actual change in the tax code.

  • Long Luxury Boom Slows in China Thursday, 6 Sep 2012 | 3:37 PM ET
    Two women look at a jewelry display in a luxury shopping mall in Shanghai. Following in the footsteps of Japan, China has become the world's second-largest consumer of high-end fashion, accessories and luxury goods.

    Prices for luxury goods in China have slowed to their lowest rate since the depths of the financial crisis in 2009.

  • The Ultra-Rich Are Ready to Go Back to Stocks Wednesday, 5 Sep 2012 | 3:13 PM ET

    A new study shows that 62 percent of the people worth $25 million or more plan to buy stocks in the next 12 months.

  • Ultra-Rich Spend More on Vacations, Less on Bling Wednesday, 5 Sep 2012 | 10:35 AM ET

    A new study of people worth $25 million or more shows that they spend more on vacations and home renovations than jewelry or clothing.

  • The 5 Top Trophy Properties to Buy in Europe Tuesday, 4 Sep 2012 | 5:02 PM ET
    Orsini Odescalchi Castle, Bracciano, Italy

    The Euro-crisis has forced some prized historic properties onto the market. Here are the 5 top trophies.

  • Ferrari Crashes Spark Rage at Asia's Rich Tuesday, 4 Sep 2012 | 12:39 PM ET

    A series of unrelated traffic accidents from Bangkok to Beijing has caused vociferous debate about equal justice for rich and poor citizens in Asia.

  • China's Art Bubble May Be Popping Friday, 31 Aug 2012 | 9:08 AM ET
    Picasso, Lot 21

    China powered the art market through the recession. But now the days of feverish buying in Hong Kong may be over.

  • What $2 Million Buys You in Silicon Valley Thursday, 30 Aug 2012 | 4:51 PM ET

    Silicon Valley's dynamic, tech-based economy has inflated home prices in the area for more than two decades. But lately, thanks to a rash of IPO's and the mobility of global wealth, relatively modest properties in the suburban towns south of San Francisco have been going for mansion-like prices.

  • Gina Rinehart

    Gine Rinehart, the mining magnate who some estimate is the world's richest woman, says those who criticize the rich should work more and drink and smoke less.


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