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.
Follow Robert Frank on Twitter @robtfrank.
When wealthy Russians shopped for assets in the West in the past decade, they usually looked for status. Now they're hunting for something else.
Most people probably don't want their six-figure sports cars all marked up, unless it's been marked up by the world's best basketball players. This one-of-a-kind 2002 Aston Martin Vanquish is the only car on the planet to have 50 signatures on it from 50 basketball Hall of Famers, increasing its value over 500 percent.
Is the American muscle car market getting a bit overheated?
Ferrari's new 488 Spider will have a V-8 turbo engine and a retractable hard-top roof that lowers in just 14 seconds.
American millionaires will take six vacations this year, a new study found.
With prices for top vintages soaring, wealthy collectors are using wine as leverage — raising cash to invest and create more wealth.
Many advisors steer clients to municipal bonds as safe, tax-smart investments, but they can carry some unforeseen risks.
Geri Pell, CEO of Pell Wealth Partners, explains portfolio hedging, a means of reducing risk exposure in investments.
Recency bias, thinking trends recently observed will continue, leads investors to make poor decisions in the long term.