Wealth

More

  • Who is the mystery tipper?

    You could write off the mystery tipper as a novelty in the charity world, but the mega-tipper may, in fact, be part of a trend toward direct giving.

  • Yoga pants on sale at the Lululemon retail store in New York.

    Chip Wilson has resigned as chairman of upscale yoga pants maker Lululemon Athletica following an uproar over his comments about customers' bodies.

  • Collector cars up 35% YOY

    The "Ferrari Index" is up 18 percent this year, reports CNBC's Robert Frank. Collectible car sales topped $1 billion this year.

  • This 1967 Ferrari 275 GTB/4*S NART Spyder sold for $27.5 million in August.

    U.S. auction sales of collectible cars are set to reach an all-time high in 2013. Plus, why a car sold for $100 million is within reach.

  • The economy seems to be recovering, but holiday spending so far appears weak. What does this mean for the customary holiday tip?

  • Diamonds, the ultimate sign of luxury, are facing increased pressure from rival gemstones, according to one retailer.

  • Buy a mansion, get a Rolls Royce

    CNBC's Robert Frank tours a $1 million mansion in Boca Raton, Florida. To help you fill the 9 car garage, the seller will throw in a Rolls Royce Phantom.

  • Lamb skin and tanneries in demand

    Luxury brands are snatching up lamb skin, tanneries and crocodile skin suppliers. Chanel bought Bodin-Joyeaux Tannery, reports CNBC's Robert Frank.

  • Hatzius: Good jobs report, not a blockbuster'

    Jan Hatzius, Goldman Sachs chief economist, comments on the jobs report , when he expects tapering and discusses his healthy economic outlook for 2014.

  • Former South African President Nelson Mandela, left, and U.K. billionaire Richard Branson listen to Peter Gabriel sing 'Biko,' in Johannesburg, South Africa.

    Nelson Mandela embraced free markets, but thought that "with great wealth comes great responsibility," Sir Richard Branson tells CNBC.

  • Edward Hopper $40.5 million painting

    Edward Hopper's painting "East Wind Over Weehawken" just sold for $40.5 million. CNBC's Robert Frank reports this is a new record for the artist.

  • Millionaire on the court: Philadelphia 76er phenom Michael Carter-Williams

    Young pro athletes often burn through big money contracts, but Philadelphia 76ers phenom Michael Carter-Williams is going to an extreme to protect himself.

  • Hopper painting beats estimates

    CNBC's Robert Franks reports that Edward Hoppers "East Wind over Weehawken" beat expectations and sold for $40.5 million at Christie's.

  • Edward Hopper’s “East Wind Over Weehawken”

    Edward Hopper's famous portrait of economic hardship has just become the new symbol of unbridled wealth.

  • Truth about the income gap

    CNBC's Robert Frank says inequality today is lower than it was when the economy was much stronger.

  • Should the wealthy worry?

    CNBC's Eamon Javers reports according to the Washington Post says the new study showing a third of U.S. bank tellers rely on public assistance, was released by a labor-backed group.

  • Income inequality reality check

    A new study shows a third of U.S. bank tellers rely on public assistance. CNBC's Kayla Tausche reports the 540,000 bank tellers make an average of roughly $26,000. Robert Frank breaks down the wealth gap in the U.S.

  • A homeless woman stands in the street in New York.

    There is no question that inequality is disturbingly high. But the discussion around it is flawed by a disregard for actual data.

  • The idea of giving to those in need seems to have become buried under a pile of boxes and wrapping paper. It's social media to the rescue.

  • Secret millionaire leaves $187 million to charities

    An unlikely man from Seattle donated millions to three institutions in his will, reports CNBC's Robert Frank.

 

Financial Advisors