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Wealth of the 1% hits a record $44 trillion

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Martin Puddy | Digitalvision | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly...
Business

The U.S. is the top country for millionaires and billionaires

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A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and...
Business

The hottest housing markets for the super rich in 2024

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The Port of Fontvieille Harbor in the Principality of Monaco.Education Images | Universal Images Group | Getty ImagesThe ultrawealthy are looking for a...
Business

Christie’s sells Rothko painting for $100 million in a secret sale

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Christie's auction house in New York.CNBCA version of this first article appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide...
Business

LVMH luxury watches at Watch Week in Miami

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Luxury giant LVMH is making a push to gain share of the global luxury watch business, with a newly formed watch division and...
Business

A peek inside this $32.5 million mansion in Southern California

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Blue Heron's cliffside spec house spans four levels in San Diego's La Jolla neighborhood.Blue HeronThis newly built cliff-side mansion overlooking the Pacific Ocean...
Business

Beach house inventory is up, prices are down

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The rental market in the Hamptons is facing an unexpected chill this summer.After two years of strong demand and soaring prices, the supply...
Business

Oxfam slams billionaire pandemic ‘bonanza’ as millions face poverty

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Olga Shumytskaya | Moment | Getty ImagesA new billionaire emerged every 30 hours during the Covid-19 pandemic, and nearly a million could fall...
Business

Elon Musk will be most indebted CEO in America if Twitter deal closes

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Tesla head Elon Musk talks to the press as he arrives to have a look at the construction site of the new Tesla...
Business

Why Biden’s billionaire minimum income tax may be a tough sell

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Josh Gottheimer, D-N.J., talks to reporters in Washington, Nov. 4, 2021.Elizabeth Frantz | ReutersPresident Joe Biden has proposed a new tax on the ultra-wealthy as...
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