Wealth

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Most of Elon Musk’s fortune now comes from his private companies

Most of Elon Musk’s fortune now comes from his private...

Together, Musk's stake in xAI and SpaceX are now worth nearly twice as much as his...

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Gucci sales plunge 25% in the second quarter as woes persist at luxury giant Kering

Gucci sales plunge 25% in the second quarter as woes persist...

Gucci sales, which make up nearly half of total group revenues, plunged 25% over...

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Family offices bid for top talent: Here's what to know

Family offices bid for top talent: Here's what to know

The war for talent in the world of finance usually means big salaries, and that...

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How wealthy yacht buyers plan to avoid the European tariffs

How wealthy yacht buyers plan to avoid the European tariffs

American boat buyers and European shipyards are scrambling to assess the damage...

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Battle for talent at family offices boosts incentive plans and pay

Battle for talent at family offices boosts incentive plans...

Family offices are ramping up the war for talent, creating new incentive plans for...

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New guide to wealth terminology aims to 'counteract some of the BS' for investors

New guide to wealth terminology aims to 'counteract some...

Competition for ultra-wealthy investors has grown fierce among private banks, wirehouses,...

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How Trump’s tariffs could impact the Swiss watch industry

How Trump’s tariffs could impact the Swiss watch industry

CNBC’s Robert Frank reports on looming tariffs that could upend Swiss watch sales...

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The AI billionaire boom: Here's what to know

The AI billionaire boom: Here's what to know

CNBC's Robert Frank joins 'Squawk Box' with a look at AI billionaires.

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'Loud luxury' is back as high-end brands look to rebound

'Loud luxury' is back as high-end brands look to rebound

The sartorial shake-up could herald a new era of large logos, bold branding and...

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AI is creating new billionaires at a record pace

AI is creating new billionaires at a record pace

With time, and IPOs, many of today's private AI fortunes will eventually become...

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Monterey classic car auctions kick off, and sales expectations are tepid

Monterey classic car auctions kick off, and sales expectations...

An estimated 1,140 classic cars will come up for sale at Monterey Car Week, the...

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$400M test for the classic car market: Here's what to know

$400M test for the classic car market: Here's what to know

Up to $400 million worth of classic cars will roll across the auction block in Monterey...

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Family offices load up on alternative investments: Here's what to know

Family offices load up on alternative investments: Here's...

More and more family offices are looking for alternatives to stocks when it comes...

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Family offices increase exposure to alternative investments

Family offices increase exposure to alternative investments

The number of family offices with allocations to private markets has surged by 524%...

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$300 million megayacht up for auction

$300 million megayacht up for auction

CNBC's Robert Frank joins 'Squawk Box' with the latest news.