Wealth
The most powerful passports of 2025 — a new country tops the list
Ireland has the strongest passport in the world, according to the Nomad Passport Index 2025. It’s the first time that the northern European country has held the solo No. 1 spot in the annual ranking from Nomad Capitalist, a tax and immigration consultancy. Ireland did, however, come close in 2020, when it tied for the […]
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Manhattan’s luxury real estate market sees best first quarter in six years
People walk by a view of residential luxury towers along nicknamed Billionaires Row, a stretch of 57th Street that holds the majority of Manhattan’s supertall luxury towers on May 16, 2022 in New York City. Spencer Platt | Getty Images News | Getty Images Manhattan apartment sales jumped 29% in the first quarter from the […]
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International visitors pour into Japan — to the delight and dismay of its ski towns
In spring, they come for the cherry blossoms. In fall, for the foliage tours. Now, more travelers are booking winter trips to Japan, as the country’s reputation as a world-class skiing destination continues to lure visitors from Asia-Pacific and beyond. Foreign visitors to Japan rose 33% this past winter from pre-pandemic levels. Some 10.5 million […]
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Ferrari says it will raise prices by 10% on some models to offset auto tariffs
The Ferrari logo is seen outside the Ferrari headquarters in Maranello, Italy. Ciancaphoto Studio | Getty Images Sport | Getty Images Ferrari said Thursday it will raise prices by 10% on certain models after April 1 in response to new U.S. auto tariffs, adding up to $50,000 to the price of a typical Ferrari. The […]
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Billionaire Jorge Pérez and his sons reveal their three secrets to passing down the family business
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. When Jon Paul Pérez graduated college, he assumed he would go to work for his father. After all, Jon Paul had […]
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Tariff fears are raising construction costs by up to 20%, says Related Group CEO
Related Group CEO Jon Paul Pérez. Courtesy of Future Proof and Triangle BLVD Building contractors are already hiking prices as much as 20% to offset potential tariffs, a move that could also raise prices of new condos and homes, according to the CEO of developer Related Group. President Donald Trump has imposed 25% tariffs on […]
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People are selling Singapore Airlines miles online. Here’s what the airline says about that
When Tracy Ren decided to go to the 2024 Summer Olympics, she booked her flight to Paris on Singapore Airlines using miles. But she didn’t earn them — she bought them. Rather than purchasing miles directly from the airline, which sells 1,000 miles for around $40, Ren turned to Carousell, a popular online marketplace in […]
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Singapore is more expensive than regional peers. So it’s using a different playbook to attract visitors
British national Tony Cross first set foot in Singapore in 1992, when the city-state’s main draws were its glitzy malls, the pulsating Zouk nightclub and the renowned Singapore Zoo. Today, shopping has taken a backseat, as prices for goods have climbed alongside commercial rents in a city where space is scarce. And, Singapore’s once-thriving clubbing […]
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A $4 million Bugatti and Michael Jordan’s BMW brought car auction company a record year
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. Bring a Trailer, the online classic car marketplace, sold a record $1.5 billion worth of cars last year despite […]
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Meet the new top lawyers for the wealthy’s most complicated divorces
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. Last week, Dan Rottenstreich’s law firm got an unusual case. A woman came to the firm asking for representation in her […]
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