Tag: Wealth
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 [...]
Saudi sovereign wealth fund to partner with men’s tennis tour
Hamad Medjedovic of Serbia plays a backhand to Arthur Fils of France in the final during day five of the Next Gen ATP Finals at King Abdullah Sports C [...]
The hottest housing markets for the super rich in 2024
The Port of Fontvieille Harbor in the Principality of Monaco.Education Images | Universal Images Group | Getty ImagesThe ultrawealthy are looking for [...]
Tax evasion by wealthiest Americans tops $150 billion a year: IRS
The nation's millionaires and billionaires are evading more than $150 billion a year in taxes, adding to growing government deficits and creating a "l [...]
Family offices shift out of cash and into alternatives
Strauss/curtis | The Image Bank | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly [...]
Younger generations gained more wealth than others since 2019, study says
Younger generations grew their wealth much faster than older Americans after the pandemic began, thanks largely to stocks, according to a new study.Th [...]
Jeff Bezos’ move to Miami will save him over $600 million in taxes
Jeff Bezos and Lauren Sanchez walk in the Paddock prior to final practice ahead of the F1 Grand Prix of Miami at Miami International Autodrome on May [...]
Wise, FX Fintechs Face New Rival in HSBC’s Zing App
In the early 2010s, a pack of financial technology startups hit the market with an offer that many consumers found hard to refuse: international money [...]
LVMH luxury watches at Watch Week in Miami
Luxury giant LVMH is making a push to gain share of the global luxury watch business, with a newly formed watch division and an array of new, higher-p [...]
Hamptons La Dune mansion once listed for $150 million sells at auction
A Hamptons estate that once listed for $150 million before falling into bankruptcy was sold at auction Wednesday for $88.5 million.The four-acre estat [...]
Manhattan rents fall for first time in over two years
A view of clouds over Manhattan skyline in New York, United States on August 08, 2023. (Photo by Fatih Aktas/Anadolu Agency via Getty Images)Anadolu A [...]