Wealth
Mystery around top-ranked Rockefeller book grows as university publisher denies involvement
A print copy of “The 38 Letters from J.D. Rockefeller to his son: Perspective, Ideology and Wisdom” purchased on Amazon. CNBC The mystery around a top-selling Amazon book attributed to John D. Rockefeller has grown to include a university publisher, which denies any involvement in the book despite being listed as it’s publisher. CNBC began […]
Read More
New Christie’s CEO Bonnie Brennan sees opportunity in younger collectors and crypto
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. Art house Christie’s is aiming to tap the next generation of wealth with online auctions, digital art and luxury goods, according […]
Read More
Eric Schmidt’s family office invests in 22 AI startups
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. Eric Schmidt, the billionaire former CEO of Google , has become known as “the AI whisperer” for his widespread predictions and […]
Read More
How Audemars Piguet CEO Ilaria Resta is disrupting the luxury watch 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. Audemars Piguet, the prestigious Swiss watch brand, is tearing down the marketing walls separating men’s and women’s watches, as women become […]
Read More
‘Unprecedented’: The most punctual global airline last year was ‘absolutely’ a surprise, analytics firm CEO says
Aeromexico was the most punctual global airline in 2024, according to a report published by aviation analytics company Cirium. Some 86.7% of its tracked flights arrived “on-time,” defined as arriving within 15 minutes of scheduled arrival times. This result was “absolutely” a surprise, Cirium CEO Jeremy Bowen told “Squawk Box Asia” Friday. “They’ve had a […]
Read More
‘Noctourism’ is expected to be a big travel trend in 2025
Rebecca Douglas has been to Iceland 29 times. And she’s already booked her 30th trip. The goal of every trip is the same: photographing the aurora borealis, or Northern Lights. Douglas has been photographing this spectacular phenomenon since 2010. It’s colors — which can paint the sky a dazzling array of green, purple, yellow and […]
Read More
‘One of the best experiences I’ve had as a parent.’ The benefits of father-daughter trips
I work shifts, four days on four days off, as a firefighter. This gives me a huge advantage in terms of time I have with my daughter. Together, we’ve attended play dates, and craft and toy sharing sessions — and despite online portrayals of a more equal world, I am usually the only dad present. […]
Read More
The Juan Soto wealth effect: Soaring athlete salaries attract wealth management firms
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. Skyrocketing salaries for top athletes and lucrative deals for college players have touched off a new gold rush among […]
Read More
Luxury safaris are changing — here’s what affluent travelers want now
Luxury safari-goers were once all about spotting lions, leopards, elephants, buffaloes and rhinos — albeit while staying in nicer tents and dining on gourmet food. But that’s changing. “Safaris are not just about the ‘Big Five’ anymore,” said Lori Cohen, a writer who covers luxury safaris. “People have got limited time off in their lives, […]
Read More
Family offices face hidden risks in making direct investments
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. Family offices making direct investments in private companies may be taking on more risk than they realize, according to a new […]
Read More