Wealth

1995 McLaren F1 Photo: Mike Maez | Gooding & Co. The Super Bowl of super-rich car collecting kicks off in Monterey, Ca. this week as more than $300 million worth of rolling trophies comes up for auction. After an unexpected surge in classic-car sales and prices during the pandemic, Monterey Car Week and the Pebble

Former Theranos CEO Elizabeth Holmes (center) and her counsel exit court on June 15, 2021. Holmes is scheduled to face trial for wire fraud and other charges later in the year. CNBC The federal judge in former Theranos CEO Elizabeth Holmes’ fraud trial is considering whether to unseal details about her psychological evaluation as part

In this article PFE MRNA SVA Unvaccinated people are eager to travel again. But more and more, the rules make that harder. Travelers are increasingly required to show proof of vaccination before they can cruise, book group tours, avoid quarantines, or vacation to tropical islands. Beyond that, vaccines are needed for everyday activities including attending

Social media is full of posts from people embarking on the “Great Resignation,” or the mass of workers quitting their jobs as the economy rebounds. Nearly 4 million people quit their job in April, according to the Labor Department, followed by another 3.6 million in May. “A lot of people quit a job with the

mphillips007 | iStock Unreleased | Getty Images When it comes to the lottery, it’s been a good year so far for Uncle Sam. Winners of Powerball and Mega Millions jackpots — worth an advertised $2.9 billion in all — have collectively paid roughly $515 million to the IRS in 2021 taxes. And that won’t be

Hopin founder and CEO Johnny Boufarhat. Hopin LONDON — When Johnny Boufarhat founded his virtual events business two years ago, there was no pandemic, no lockdowns and no travel restrictions. That all changed in 2020. The coronavirus outbreak forced a multitude of major events and conferences to be cancelled or postponed, as governments around the

Theranos founder Elizabeth Holmes leaves the Robert F. Peckham Federal Building with her defense team in downtown San Jose, Calif., on Tuesday, May 4, 2021. MediaNews Group/The Mercury News via Getty Images | MediaNews Group | Getty Images Elizabeth Holmes, the embattled former CEO of blood-testing start-up Theranos, was dealt a major blow on Wednesday

For Ray Dalio, bitcoin is like a digital version of gold — but the billionaire clearly values one higher than the other. “If you put a gun to my head, and you said, ‘I can only have one,'” says Dalio. “I would choose gold.” Dalio, who turns 72 on Sunday, revealed in May that he

DNY59 | iStock | Getty Images Americans added nearly $4 trillion to their savings during the pandemic, but most of the gains went to the wealthy, according to a new study. Stimulus checks, rising stock markets and fewer spending choices led to a massive savings boom over the past year, with Americans saving about $3.7

For decades, billionaire investor Ray Dalio has rubbed elbows with some of the most successful people in the world. Along the way, he’s learned a thing or two — including a habit that the “who’s who” (as he calls them) are just better at than the average person. “By and large,” Dalio tells CNBC Make

In this article MSFT Bill and Melinda French Gates Chris Ratcliffe | Bloomberg | Getty Images Microsoft Co-Founder Bill Gates and Melinda French Gates have gotten divorced after 27 years of marriage. A Monday filing with the King County Superior Court of Washington made the move official, three months after the couple announced their plan

While there is a slew of professionals athletes who have ventured into cryptocurrency from Tom Brady to Saquon Barkley in recent months, NBA legend Charles Barkley isn’t biting. “My people do not believe in crypto,” Barkley tells CNBC Make It. “I got a couple of financial guys. One of them said, ‘If ever put you

In this article AIR-NZ Travelers who are on the fence about flying again may want to check out a new list of the world’s best airlines. The airline safety website AirlineRatings.com published its list of “Top Airlines in the World,” which traditionally ranks carriers by safety, in-flight service, passenger comfort and flight routes. But this

When Jeff Bezos thanked Amazon customers for essentially paying for his first trip to space, he apparently wasn’t talking to Oliver Daemen, the Dutch teen who joined the billionaire on Blue Origin’s inaugural passenger spaceflight. That’s because the 18-year-old Daemen says he’s never actually ordered anything on Amazon before. Daemen, who became the youngest person

In this article GOOGL Larry Page, left, and Sergey Brin, co-founders of Google Inc. JB Reed | Bloomberg | Getty Images Google founders and controlling Alphabet stakeholders Larry Page and Sergey Brin have sold more than $1 billion worth of stock combined since May of this year. Beginning in May of this year, the two

Travelers may not be able attend this year’s Summer Olympic Games, but they can still experience Japan virtually. As the global pandemic marches on, tourist attractions and enterprising tour guides are finding ways to emulate the look, feel and taste of a trip to the Land of the Rising Sun. Sightseeing and shopping For 2,000

Bill Hwang in 2012 Emile Warnsteker | Bloomberg | Getty Images A charity founded by Bill Hwang, a longtime financial executive under scrutiny for a round of trades that sent the market into a tailspin, saw its assets soar by over $100 million just two years prior to the meltdown on Wall Street. The new

Frederic J. Brown | AFP | Getty Images It can literally pay to get a Covid vaccine in some places. Across the country, many states are offering lottery prizes to boost the number of residents who inoculate themselves against the virus. If you are among the winners, just don’t forget the taxman. “Generally, when people

In this article GSBD BLK GS Eric Adams, Democratic candidate for New York City Mayor, speaks during a campaign appearance in Brooklyn, New York, June 11, 2021. Brendan McDermid | Reuters Eric Adams may not be the mayor of New York, but he is already starting to privately seek an alliance with several of the

In this article AMZN Sen. Elizabeth Warren on Wednesday reignited her push for a tax on the wealth of the richest Americans and called out billionaire Amazon founder and nascent space-tourism magnate Jeff Bezos for what she views as his failure to pay his fair share. “I want to see us tax wealth, however your

A Hobby Lobby store in Totowa, New Jersey. SOPA Images | LightRocket | Getty Images A 3,500-year-old clay tablet purchased by the Hobby Lobby arts and crafts chain for $1.6 million has been forfeited to the United States. The tablet, which bears a portion of the epic of Gilgamesh, a Sumerian poem considered one of

 “Yes, I’m vaccinated,” says NBA legend Charles Barkley. “Everybody should be vaccinated. Period.” “The only people who are not vaccinated are just a–holes,” he says. The 58-year-old NBA Hall-of-Famer says he personally thinks sports leagues should force players to get vaccinated. “Can you imagine if one of these guys that are not vaccinated, if they

Singer Britney Spears attends the Billboard Music Awards at T-Mobile Arena in Las Vegas, Nevada. Lester Cohen | BBMA2016 | Getty Images Britney Spears’ new attorney has filed a petition to replace her father James Spears with Jason Rubin, a certified public accountant, as the pop star’s sole conservator. The move comes just a few

Chairman of the House Ways and Means Kevin Brady Joshua Roberts | Reuters Rep. Kevin Brady said the IRS shouldn’t receive more enforcement funding because estimates of unpaid taxes are “unfounded.” President Biden has proposed investing $80 billion in new technology and more auditors to increase tax collections by $700 billion over 10 years. IRS

Elon Musk is “pro nuclear.” So said Musk on Wednesday while talking about making bitcoin mining sustainable at at The B-Word conference hosted by the Crypto Council for Innovation. Nuclear energy is considered “clean energy” because generating nuclear energy does not release greenhouse gasses. But due to some high-profile accidents, legacy nuclear power plants can have

CEO Sundar Pichai is stressed about Google’s plan to become carbon free over the next decade. That means the company aims to use no carbon-based energy whatsoever by 2030. “It’s a long shot, it stresses me out in terms of how to get there,” Pichai said at a virtual climate change event hosted by earth-imaging platform Planet

Getty Images The U.K.’s University of Exeter is offering students who want to study medicine a £10,000 ($13,735) bursary and free first-year accommodation to defer their place, due to increased demand to study at the medical school.  In addition to offering students a financial incentive to defer their spot to study medicine at the university,

Even with boat sales and charters booming, yachting remains an enigma for most people. CNBC spoke with several yacht owners who agreed to answer all questions — with no topics off limits — about the yachting lifestyle and perhaps more importantly, how much it costs.    The owners Nim and Fabiola Hirschhorn are in the

Vlad Tenev attends the 2020 Breakthrough Prize Ceremony at NASA Ames Research Center on November 03, 2019 in Mountain View, California. Taylor Hill | Getty Images Robinhood CEO and co-founder Vlad Tenev will have a paper fortune of over $2.5 billion when the company starts trading, according to an SEC filing. But his real payday

Famed contemporary artist Damien Hirst told CNBC on Wednesday he believes in the staying power of nonfungible tokens, or NFTs, the blockchain-based digital collectibles that soared, then sank, in popularity this year. “You look at what’s happening in NFTs, and you can kind of see the galleries disappearing before you see the NFTs disappearing,” Hirst