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Wealth

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  • No rest for the wealthy Friday, 2 Aug 2013 | 7:25 PM ET
    No rest for the wealthy

    A new study reveals that people making $750,000 or more don't retire until well into their 70s. CNBC's Robert Frank offers insight.

  • The workaholic wealthy Friday, 2 Aug 2013 | 1:45 PM ET
    The workaholic wealthy

    The wealthy are the least likely to retire, reports CNBC's Robert Frank. A new survey shows those making $750,000 or more have the highest planned retirement ages.

  • Yes, the rich are different: They don't retire Friday, 2 Aug 2013 | 12:57 PM ET

    When asked "At what age do you expect to retire?" nearly one-third of those with annual earnings of $750,000 or more answered "over 70." Fifteen percent say they never plan to retire.

  • No rest for the wealthy Friday, 2 Aug 2013 | 11:34 AM ET
    No rest for the wealthy

    A new study shows that many people making $750,000 or more don't retire until well into their 70s, CNBC's Robert Frank said.

  • Close-up with the world's fastest supercar Thursday, 1 Aug 2013 | 3:59 PM ET
    Bugatti Vitesse

    Volkswagen's Bugatti Veyron Grand Sport Vitesse certainly has its share to boast about. It is the world's fastest production roadster—and the most expensive.

  • Inside the $2.5 million car Thursday, 1 Aug 2013 | 2:52 PM ET
    Inside the $2.5 million car

    Bugatti Sales Director John Hill joins CNBC's Robert Frank to talk about the Bugatti Veyron Grand Sport Vitesse, the world's fastest open-top sports car.

  • Auto nirvana: Test-driving the world's fastest car Thursday, 1 Aug 2013 | 11:19 AM ET
    Bugatti Vitesse

    CNBC's Robert Frank test drives the Bugatti Veyron 16.4 Grand Sport Vitesse, which happens to be the fastest production roadster on the planet. And one of the most expensive.

  • Inside Bugatti's $2.5M car Thursday, 1 Aug 2013 | 6:52 AM ET
    Inside Bugatti's $2.5M car

    The Bugatti Veyron 16.4 Grand Sport Vitesse is the world's fastest open-top sports car, reports CNBC's Robert Frank from behind the wheel of the luxury automobile.

  • Want to invest in diamonds? Good luck with prices Thursday, 1 Aug 2013 | 6:00 AM ET

    Valuing diamonds and the broader diamond "market" is virtually impossible. That makes diamond investing a risky venture best left to insiders and seasoned professionals.

  • The truth behind Peter Buffett's philanthropy rant Wednesday, 31 Jul 2013 | 12:18 PM ET
    Peter Buffett

    Billionaire Warren Buffett's son Peter recently sparked a huge debate over the role of philanthropy with an op-ed he published. A look at the arguments that continue to rage on days later.

  • When everyone gets richer Tuesday, 30 Jul 2013 | 7:15 PM ET
    When everyone gets richer

    Saudi Arabia Prince Alwaleed is worried increased U.S. energy production could hurt his country's economy, reports CNBC's Seema Mody; and a new study is focused on the 30 years before the 2007 recession when the rich were indeed getting richer, but so did everyone else, with Richard Burkhauser, Cornell University.

  • Real housewives, real money issues Tuesday, 30 Jul 2013 | 2:57 PM ET
    Real housewives, real money issues

    "Real Housewives of New Jersey" stars Teresa Guidice and husband Joe have been indicted on 39 counts of fraud and tax charges. CNBC's Robert Frank takes a look at other "Housewives" couples "faking it until they make it."

  • New York lawyer William Zabel has helped settle high profile divorces in the past, and now Wendi Deng has hired Zabel for her divorce from Rupert Murdoch, with CNBC's Robert Frank. Peter Lattman of The New York Times, offers insight.

  • Murdoch's estranged wife brings in legal big guns Tuesday, 30 Jul 2013 | 10:59 AM ET
    Don Arnold | WireImage | Getty Images

    Wendi Deng has hired the well-known New York attorney William Zabel to represent her in her divorce from Rupert Murdoch, CNBC has learned.

  • A lesson for Steve Cohen: When parties are bad PR Monday, 29 Jul 2013 | 1:51 PM ET

    From Steve Schwarzman to Sean Parker to Steve Cohen, billionaires who host ill-timed or ill-considered parties can quickly feel the PR pain.

  • French diamond heist loss raised to $136 million Monday, 29 Jul 2013 | 12:26 PM ET
    French policemen investigate outside the Carlton Hotel on July 28, 2013 in the French Riviera resort of Cannes.

    Police are searching for a man who was wearing gloves, a cap and a scarf to mask his face while sneaking into the diamond show in a luxury Cannes hotel.

  • The new American poor: 4 in 5 live in danger of it Monday, 29 Jul 2013 | 11:09 AM ET
    Renee Adams, left, posing with her mother Irene Salyers and son Joseph, 4, at their produce stand in Council, Va.

    Survey data point to an increasingly globalized U.S. economy, the widening gap between rich and poor, and the loss of good-paying manufacturing jobs as reasons for the trend.

  • Gandolfini left too much to the IRS Friday, 26 Jul 2013 | 2:44 PM ET
    Gandolfini left too much to the IRS

    Actor James Gandolfini may have left too much of his money to the IRS. CNBC's Robert Frank details Gandolfini's will, and why a lot of his estate will be subject to taxes.

  • Hamptons beach home sales hit record Thursday, 25 Jul 2013 | 4:07 PM ET

    It's hot in the Hamptons this summer! Real estate sales shot up 23% in the second quarter, topping $1 billion.

  • 'Mansioning' making a comeback Thursday, 25 Jul 2013 | 2:46 PM ET
    'Mansion-ing' making a comeback

    Despite a tanking housing market, CNBC's Robert Frank reports the Hamptons heating up.

 

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