Billionaires poured millions of dollars into presidential super PACs in August
The nation’s wealthy opened their wallets in August with a focus on election season, donating millions to the super PACs…
Harris’ rise in polls sparks wave of wealth transfers to kids
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the…
Eighty-eight corporate leaders endorse Harris in new letter, including CEOs of Yelp, Box
WASHINGTON — Eighty-eight current and former top executives from across corporate America have endorsed Vice President Kamala Harris for president…
No longer a financial reservoir? Saudi Arabia’s spending confirms clear shift in strategy
Saudi Arabia is moving full steam ahead with its focus on domestic investment — and with that, higher requirements for…
Wealth in Turkey grew the most in the world at 157% despite soaring inflation, according to ranking
Turkey came out miles ahead of the rest of the world in an annual global wealth ranking — in a…
Buying a house of ‘Home Alone’ or John Lennon fame? There’s a premium for that
An array of iconic homes are for sale — and buyers will almost certainly pay extra for that pedigree. However,…
Family offices become prime targets for cyber hacks and ransomware
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the…
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…
Miami is ‘ground zero’ for climate risk. People are moving to the area and building there anyway
MIAMI — Daniel Habibian worries about climate change. His clothing boutique in Miami Beach’s iconic South Beach neighborhood sits just…
Here’s where the world’s top 0.001% are putting their money, according to wealth experts
The uber-wealthy live a world apart and their investing strategies also look vastly different from the average investor’s portfolio. “While…
