Tag: Wealth
Superyacht sales plunge as Russian oligarchs drop out of the market
A water slide on Savannah, a 274-foot hybrid superyacht.Courtesy of Northrup & JohnsonA version of this article first appeared in CNBC's Inside We [...]
State tax officials use AI to go after wealthy payers
Photo Of Robot Examining Invoice With Magnifying Glass.Andreypopov | Istock | Getty ImagesEven as the IRS makes headlines for cracking down on the wea [...]
Rich Americans get second passports, citing risk of instability
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 consu [...]
UBS SuMi to acquire Credit Suisse’s wealth management business in Japan
UBS and Sumitomo Mitsui Trust Holdings, Inc. (SuMi TRUST Holdings) announced today that their wealth management joint venture, UBS SuMi TR [...]
The Tax Implications of Sudden Crypto Wealth
Meme coin seasons are known for frenzied market activity, driven by the meteoric rise of viral crypto projects that transform modest investments into [...]
Wealth of the 1% hits a record $44 trillion
Martin Puddy | Digitalvision | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly gui [...]
British Columbia Targets QuadrigaCX Co-Founder Michael Patryn With Unexplained Wealth Order
The order was used to seize a safety deposit box at CIBC Bank as well as an account. The safety deposit box contained C$250,200 ($184,250) in cash, go [...]
The U.S. is the top country for millionaires and billionaires
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 consu [...]
The top 10 richest cities in America
A new report found that New York City is the No. 1 place for ultra-high-net-worth individuals to own a property.Alexander Spatari | Moment | Getty Ima [...]
More charity money comes from ultra-wealthy
Bill and Melinda Gates brace the rain as they visit the township of Khayelitsha on October 25, 2019 in Cape Town, South Africa.Brenton Geach | Gallo I [...]
Family offices tripled, creating a new gold rush on Wall Street
Westend61 | Westend61 | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to t [...]
Russian oligarch’s yacht costs U.S. taxpayers $900,000 a month
A mega-yacht seized by U.S. authorities from a Russian oligarch is costing the government nearly $1 million a month to maintain, according to new cour [...]
SNP: Scottish wealth and jobs ‘all a game to Westminster’
Stephen Flynn has claimed the UK government wanted to use to Scottish resources to pay for tax cuts in England.Reacting to the SNP Westminster leader’ [...]
Tour $24 million mansion in Delray Beach, Florida
The owners of this Florida mansion are asking for $24 million for their almost 11,500 square-foot residence inside one of the most expensive gated com [...]
Christie’s sells Rothko painting for $100 million in a secret sale
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 [...]