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Dubai scrambles to save its reputation as a haven for the rich amid U.S.-Iran 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 consumer. Sign up to receive future editions, straight to your inbox. The Iran war has shaken Dubai’s status as a global wealth hub, as legions of expatriates scramble to escape and family […]
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Family offices double down on AI investments as startup fundraising breaks record in February
Laurene Powell Jobs attends the Clinton Global Initiative 2024 Annual Meeting at New York Hilton Midtown on September 24, 2024 in New York City. John Nacion | Getty Images 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 consumer. Sign […]
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‘Silent failure at scale’: The AI risk that can tip the business world into disorder
Aire Images | Moment | Getty Images As the business world comes to grips with artificial intelligence, the biggest risk may be one where those running the economy can’t possibly stay ahead. As AI systems become more complex, humans aren’t able to fully understand, predict, or control them. That inability to understand at a fundamental level where AI models are going […]
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In Defense-Anthropic clash, AI is real-time testing the balance of power in future of warfare
The Department of Defense’s clash with Anthropic over the integration of artificial intelligence into military operations, and who sets the limits on usage, reached a peak this week with Defense Secretary Pete Hegseth giving the AI company until 5:01 p.m. ET Friday to cede to the government’s demands. Anthropic has not budged, to date at […]
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Lawsuit over $21 million donor-advised fund highlights risks of DAF giving
Ridvan_celik | Istock | Getty Images 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 consumer. Sign up to receive future editions, straight to your inbox. With donor-advised funds gaining popularity as a vehicle for the wealthy to give back, risks and potential […]
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Billionaire family offices invested in pro soccer, bitcoin and semiconductors before the new year
Leon Cooperman. Scott Mlyn | CNBC 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 consumer. Sign up to receive future editions, straight to your inbox. Private investment firms of the ultra-wealthy capped off 2025 with equity bets ranging from airline stocks to […]
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2026 CNBC Changemakers: Women leaders who defied the odds to reach the highest levels of success
The third annual CNBC Changemakers list of women transforming business and philanthropy, which launched on Wednesday, recognizes leaders at the forefront of AI and innovators across traditional fields, from finance to healthcare, retail, entertainment and sports. The 2026 Changemakers range from startup founders to high-profile stars such as Kim Kardashian, who grew Skims to a […]
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Epstein files highlight how the wealthy borrow against art collections
FILE: Leon Black, chairman and chief executive officer of Apollo Global Management LLC, at the Milken Institute Global Conference in Beverly Hills, California, U.S., on Tuesday, May 1, 2018. Patrick T. Fallon | Bloomberg | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide […]
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Equinox’s $40,000-a-year membership has a waiting list, says chairman Harvey Spevak
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 consumer. Sign up to receive future editions, straight to your inbox. Equinox’s $40,000-a-year membership has a waiting list of more than 1,000 people, as demand for luxury health and wellness programs soars, according to […]
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Ultra-rich families spend more on their private investment firms as their fortunes rise
Anciens Huang | Moment | Getty Images 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 consumer. Sign up to receive future editions, straight to your inbox. As the world’s wealthiest pad their fortunes, they are spending more to run their private investment […]
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