When submarine maker Graham Hawkes started designing his next generation of underwater cruisers, he decided to look to the skies instead of the sea. » Read More
CNBC's Robert Frank reports multi-millionaires are contributing so much to their families that they're being called the "family bank"
The wealthy are handing out so much money to needy family members that they've earned a new nickname: "the family bank."
2012 Mega Millions lottery winner Chris Manzi talks about hitting the jackpot and how it changed his life.
CNBC's Robert Frank peeks at the shopping lists of the very wealthy and finds that travel with family is where the rich are spending.
Eight years ago, as personal incomes soared, China Poly Group decided to venture onto another sort of battlefield — the art market. The NYT reports.
CNBC's Morgan Brennan reports Friday's Mega Millions jackpot is now $452 million.
CNBC's Morgan Brennan reports from "Eagle Liquors" in Passaic, New Jersey, where a winning Powerball ticket was sold back in March. The drawing is tonight for $425 million.
Friday's Mega Millions jackpot is now $452 million. Stew Leonard Jr., CEO of stew Leonard's. says "it's nice to dream."
Tonight's, Friday the 13th, Mega Millions lottery is $400 million, the second biggest lottery in history. CNBC's Morgan Brennan reports.
CNBC's Steve Liesman reveals the latest results from CNBC's All America Survey about the wealthy and if they are investing in the stock market.
After raising $25 million at its inaugural auction in China earlier this year, Christie's will tackle another first next week: an auction in India.
CNBC's Robert Frank reports affluence was used as a defense for a Texas teenager charged with killing 4 pedestrians while driving drunk. Because he was rich, he said, he didn't know any better.
A growing number of wealthy parents are hiring tutors for their kids. CNBC's Robert Frank reports some tutors are making up to $400,000 a year.
The world's millionaires and billionaires are seeking at-home teachers to help their children in the education race. For the tutors, it's a lucrative business.
Robert Katz, Vail Resorts, Inc. chairman & CEO, discusses the strong forecast for this year's ski season and if the Winter Olympics have an effect on the industry's bottom.
CNBC's Robert Frank reports tutors for the wealthy are in high demand. Top tutors can earn as much as $400,000 a year. Nathaniel Hannan discusses the high expectations set for highly paid teachers.
CNBC's Jane Wells reads the fine print of the Congressional Budget Office report and reveals the CBO broke the country into five tiers of wage earners. The top 20 percent pay nearly 93 percent of all income taxes, according to the report. At the same time, their incomes are growing far faster than everyone else.
Want to get rich? Invest in things that rich people buy—including $3,000 ski jackets. Moncler, the Milan-based maker of stylish puffy jackets is about to go public.
CNBC's Jackie DeAngelis and Diana Olick showcase a country colonial home and a manor house. Dolly Lenz of Dolly Lenz Real Estate weighs in on which listing is the better value.
CNBC's Robert Frank reports there are now 122 signers of the "Giving Pledge," which is a promise started by Bill Gates and Warren Buffett for billionaires to give away at least half of their wealth. Frank also provides insight into the mystery tipper.
Gen Y entrepreneurship is lower than for prior generations, but those who do start businesses want to make a difference.
Warren Buffett has made a lot of money with a simple strategy: buying stocks in consumer staples.
Prince reportedly died with no will. A look at 10 other music legends who also passed without naming beneficiaries.