Tag: Wealth
Sales of $10 million homes surge in Palm Beach and New York
Tarpon Island, a private island in Palm Beach, Florida, sold for $150 million in May 2024.CNBCA version of this article first appeared in CNBC's Insid [...]
Top 10 people most likely to reach trillionaire status
Combination showing Elon Musk (L), Gautam Adani (C), and Jensen Huang (R)ReutersA version of this article first appeared in CNBC's Inside Wealth newsl [...]
Cannabis industry targets luxury consumers in New York
The Travel Agency on Fifth Avenue in New York Cityis an adult-use recreational marijuana dispensary.Courtesy: The Travel AgencyCannabis consumption ha [...]
Bitcoin rally helps create 84,000 new crypto billionaires in a year
In this photo illustration, a visual representation of the digital Cryptocurrency, Bitcoin is on display in Paris, France, on March 5, 2024.Chesnot | [...]
Classic car sales stall in Monterey as new generation takes charge
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 [...]
LVMH CEO Bernard Arnault’s family office invests in AI startups
World's top luxury group LVMH head Bernard Arnault presents the group's annual results 2022 in Paris on January 26, 2023.Stefano Rellandini | AFP | Ge [...]
Private jet flights: Covid-era demand wanes
A Gulfstream G-IV private jet flies past clouds at sunset on approach to Washington's Reagan National Airport on June 12, 2024, in Arlington, Virginia [...]
Murdoch family battle highlights Nevada’s secret trust boom
(L to R) Rupert Murdoch, executive chairman of News Corp and chairman of Fox News, and Lachlan Murdoch, co-chairman of 21st Century Fox, walk together [...]
Jeff Bezos investing big in AI through his family office
Jeff Bezos at the Allen & Company Sun Valley Conference on July 10, 2024 in Sun Valley, Idaho.David Grogan | CNBCA version of this article first a [...]
Morgan Stanley wealth advisors can pitch bitcoin ETFs
Morgan Stanley on Friday told its army of financial advisors that it will soon allow them to offer bitcoin ETFs to some clients, a first among major W [...]
Family offices give staff equity, profit shares in battle for talent
Thomas Barwick | Digitalvision | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly g [...]
Sales of $100 million homes set to double this year
A view of the Central Park Tower at 217 West 57th St. in New York City.Source: Cody Boone, SERHANT StudiosA version of this article first appeared in [...]
Citadel’s Ken Griffin buys a stegosaurus for $45 million in a record auction sale
People look at a virtually complete Stegosaurus fossil on display at Sotheby’s on July 10, 2024 in New York City.Alexi Rosenfeld | Getty ImagesBillion [...]
Women set to inherit $9 trillion
Charday Penn | E+ | Getty ImagesUp to $9 trillion is expected to be passed along to spouses and partners in the coming years as part of what's being c [...]
GSR and Wealth Manager St. Gotthard Execute Options Trade Tied to CoinDesk 20 Index
The CoinDesk 20 was launched in January. It is a cryptocurrency market benchmark that measures the performance of the largest digital assets, similar [...]