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Robert Frank, NBR, CNBC.com’s Posts
The UK’s vote to exit the European Union is expected to pressure results at this week’s London auctions.
Sotheby’s disclosed on Monday that an outside investor has expressed interest in buying at least 10 percent of the company.
As part of its efforts to downplay inequality, China’s media regulator has just banned the children of celebrities from appearing on reality television.
Monaco remains the most expensive real estate market in the world on a square-meter basis, according to a new report.
Private jets are expected to descend on the San Francisco Bay area for Super Bowl 50, making it one of the biggest private jet events of the year.
A 24-year-old artist has been charting stocks’ price movements and turning them into paintings.
The ultimate bachelor pad is up for sale — with the ultimate former bachelor included — Hugh Hefner.
Luxury prices for the world’s major cities are expected to slow by nearly half this year, from 3 percent in 2015 to 1.7 percent in 2016, according to the latest Knight Frank Prime Cities Forecast.
Only 44 percent of global billionaires in 1995 maintained that status through 2014.
The real wealth gap in America isn’t between the 99 percent and the 1 percent. It’s between the 0.00001 percent and everybody else. A new study from the Institute for Policy Studies left-leaning think tank says the richest 400 Americans have a combined net worth of $2.34 trillion — equal to that of the bottom …
Prices for luxury homes posted their first drop since 2012, suggesting the top of the market may be getting too rich even for the rich. According to the Redfin real estate company, prices for luxury homes — defined as the top 5 percent of each of the 600-plus U.S. markets it measures — fell an …
Wealth, like age, can be relative — you really notice it in relation to other people. So the folks at Wealth-X have compiled a list of the richest people of each decade, ranking the wealthiest people in their 20s all the way through their 90s. Because the list gave equal representation to the affluent of …
Le Palais Royal just became the most expensive listing in America — again. Sort of. The 60,500-square-foot mansion in Hillsboro Beach, Florida, originally was listed a year ago for $139 million. At the time, the listing agent said it was the most expensive official listing in America. But then billionaire Jeff Greene listed his Beverly …
Any average millionaire can buy the Omega Seamaster 300 worn by Daniel Craig in the new James Bond movie, “Spectre.” But only a multimillionaire or billionaire can afford the original Aston Martin DB5 used in “Goldfinger,” valued at a minimum $5 million. Memorabilia and super toys based on the Bond franchise have become increasingly popular …
A Patek Philippe timepiece became the most expensive wristwatch ever sold at auction over the weekend, when it was purchased for $7.3 million. The watch, called the 5016A, sold at Phillips auction in Geneva for more than 10 times its low estimate of $700,000. The sale followed nine minutes of intense bidding by two anonymous …