Tag: Wealth
Donald Trump’s Wealth Now Hinges on Trump Media
Mr. Trump has treated Trump Media, which runs his social network Truth Social, as a low-cost sideshow. Now a big portion of his wealth hinges on its s [...]
Private deals for mansions, art and cars on the rise
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 [...]
Sunaks’ wealth rises to £651m in latest Sunday Times Rich List
Mr Sunak became the first front-line politician to feature on the Sunday Times' annual wealth list in its 35-year history when he appeared on it as ch [...]
Fine art sales are down as collectors pull back
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 [...]
New York tops new list
New York is the richest city in the world, with 359,500 millionaires and 60 billionaires, although the Bay Area of California is close behind, accordi [...]
Equinox launches $40,000 ‘Optimize’ membership
High-end fitness chain Equinox is launching one of the most expensive gym memberships in the world — a $40,000-per-year program aimed at improving ove [...]
Talent war between family offices and Wall Street drives up salaries
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 [...]
BlackRock (BLK) Sees Sovereign Wealth Funds (SWF), Pensions Coming to BTC ETFs
“Many of these interested firms – whether we're talking about pensions, endowments, sovereign wealth funds, insurers, other asset managers, family off [...]
Family offices look beyond stocks for higher return, less volatility
Large family offices have nearly half their investments in private markets and alternatives, as they move out of the stock market in search of higher [...]
Wealth gap between millennials spurs a new class war
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 [...]
Luxury real estate prices hit an all-time record, Redfin says
Real estate is increasingly a tale of two markets — a luxury sector that is booming, and the rest of the market that continues to struggle with higher [...]
Meet the private doctor to the wealthy — at $40,000 a year
Dr. Jordan Shlain, founder of Private Medical.Credit: Jordan ShlainA version of this article first appeared in CNBC's Inside Wealth newsletter with Ro [...]
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 [...]