Wealth

More than a year after Covid-19 brought cruise ships to a standstill, there are clear signs that cruising could be making a comeback. The U.S. Centers for Disease Control and Prevention (CDC) signaled this month that cruises may resume by mid-summer — with restrictions — in a move cheered by operators and cruise lovers. That

The most expensive single-family home for sale in the exclusive Bal Harbor Village section of Miami Beach, Florida, is called Villa Magnolia, and it has an asking price of $35 million. The view from above Bal Harbor’s most expensive residential listing. Lifestyle Production Group / The Jills Zeder Group The two-story residence at 182 Bal

As the IRS sends out the last of the third round of stimulus checks and tops off payments for millions of other Americans, some lawmakers are already pushing for a fourth check. The third stimulus payments — worth up to $1,400 per individual and each of his or her dependents — currently being delivered by

Dogecoin, a cryptocurrency that started as a joke, is now a top-five digital currency with a market value of about $49 billion, according to CoinGecko. Created as a parody in 2013, dogecoin is based on the “Doge” meme, which portrays a Shiba Inu dog. On Friday, dogecoin reached an all-time high when it surpassed 28

Billionaire investor Mark Cuban learned many key lessons in his 20s that led to his success – one of them was to be a better listener, and he’s used a specific technique to do for decades. “I like to talk, and I’m an interrupter,” Cuban said on a recent episode of the “Wild Ride! with

When I started paying off my student loans, I wanted to do everything I could to hold myself accountable. So I started a blog called Conscious Coins about my plan to pay off my debt, sharing my struggles and my triumphs along the way. Over time I built a community of people who understood what

New Orleans Saints safety and two-time Super Bowl champion Malcolm Jenkins says despite making more than $70 million in salary and bonuses throughout his 12-year NFL career, he’s pretty thrifty. “I’m usually a frugal person,” Jenkins tells CNBC Make It. “I don’t blow my money too much. I’m probably more of a saver.” Jenkins, 33,

As millennials begin to turn 40 in 2021, CNBC Make It has launched Middle-Aged Millennials, a series exploring how the oldest members of this generation have grown into adulthood amid the backdrop of the Great Recession and the Covid-19 pandemic, student loans, stagnant wages and rising costs of living. Five years ago, older millennials were 40%

In his final letter to shareholders on Thursday, Amazon CEO Jeff Bezos felt “compelled” to leave readers with a last piece of advice: Keep your “distinctiveness.” “We all know that distinctiveness – originality – is valuable,” Bezos wrote. “We are all taught to ‘be yourself.’ What I’m really asking you to do is to embrace and be

In anticipation of the market debut of cryptocurrency exchange Coinbase, bitcoin hit a record high of over $64,000 Wednesday morning, according to data from Coin Metrics, although it settled at around $62,000 by 4:45 p.m. EST. But billionaire investor Mark Cuban doesn’t think this surge will be the peak for bitcoin. “It’s not inconceivable that the number

Billionaire bitcoin bull Mike Novogratz said Wednesday that the cryptocurrency industry remains in its early days, as he predicted the wealth it generates will continue to proliferate in the years ahead. “Right now, total crypto wealth is roughly $2 trillion, so that’s one half of 1% of all wealth,” Novogratz said on CNBC’s “Squawk Box.”

Bernard Madoff leaves federal court in New York on Tuesday, March 10, 2009. Jin Lee | Bloomberg | Getty Images Bernard Madoff, mastermind of the biggest investment fraud in U.S. history, ripping off tens of thousands of clients of as much as $65 billion, has died, The Associated Press reported Wednesday. He was 82. The

Combination: Jeff Bezos (L), Elon Musk (C) and Bill Gates (R). Reuters Climate change appears to be high on the agenda for tech billionaires like Elon Musk, Jeff Bezos and Bill Gates but some are questioning whether they’re focusing their efforts on the right areas. Broadly speaking, the three richest tech billionaires — who rank

A person takes a photo in front of a piece by Mashkow, during a press preview on March 25, 2021 of the grand opening of Superchief Gallery NFT, a physical gallery dedicated exclusively to NFT (non-fungible tokens) artwork in New York. Timothy A. Clary | AFP | Getty Images Sales of nonfungible tokens, or NFTs,

Rolls-Royce Phantom Source: Rolls-Royce Phantom Rolls-Royce Motor Cars had its best quarter in its116-year history, setting a new sales record in the first quarter as the world’s wealthy snapped up its $330,000 SUV and other models. The luxury car company, which is owned by BMW, delivered 1,380 cars in the first quarter, up 62% from

Asia continues to be the most expensive place in the world to be rich, according to a new report, which saw the region’s resilience to the Covid-19 pandemic hold high prices steady. The world’s most populous continent remained the most costly for high-and ultra-high net worth individuals (HNWIs) in Bank Julius Baer’s Global Wealth and

So you found a job you’re actually excited about, nailed the interview process, and received a callback with an offer. The bad news? It’s a lowball salary. I’ve seen this happen to so many job seekers, and while it’s unfortunate, I can tell you that a lowball salary doesn’t necessarily mean a lost cause. In

When Bill Gates started learning about nuclear power innovation, “I was skeptical, but also intrigued,” he wrote on his Gates Notes blog in 2019. Like many people, Gates’ opinion of nuclear power had been tinged by past disastrous accidents such as Three Mile Island and Chernobyl. But Gates was also interested in the potential of

A child looks back at a banner for Roblox, displayed to celebrate the company’s IPO, on the front facade of the New York Stock Exchange (NYSE) in New York, March 10, 2021. Brendan McDermid | Reuters New York’s top business leaders are gearing up for a potential mass exodus as Gov. Andrew Cuomo and state

Prince Philip, Duke of Edinburgh, in 2015. Matt Dunham | WPA Pool | Getty Images LONDON — Prince Philip, the Greece-born royal who as the husband of Queen Elizabeth II was the longest-serving consort to a British sovereign, died Friday. He was 99. “His Royal Highness passed away peacefully this morning at Windsor Castle,” the

In this article FB Chris Cox Asa Mathat | Re/code Facebook Chief Product Officer Chris Cox got paid approximately $69 million to rejoin the social media company in 2020. Cox rejoined Facebook in June 2020 after a more than one year hiatus away from the company. Cox is a key moral leader at Facebook and

Since Kansas City Chiefs star quarterback Patrick Mahomes won his first Super Bowl in 2020 and signed a record-breaking 10-year NFL contract worth nearly $500 million in July, he has been making investment deals. And while Mahomes has a financial team to help him make business decisions, the 25-year-old says he most admires billionaire Mark

The Sueiros had it all — great careers, a community of friends and kids enrolled in a top-notch international school in Boston. Will was a corporate accountant, and Jessica ran a graphic design business from home. Life was “comfortable, uneventful and routine,” said Jessica Sueiro. “Life was good” for the Sueiro family before they began

Gone are the days when booking a private jet required a long conversation on the phone. Now, mobile apps let flyers book charter flights in a matter of minutes. Major players in private aviation, as well as emerging competitors, now have apps. Many follow a similar process: Customers choose where they’re coming from and their

In this article JPM Jamie Dimon, chief executive officer of JPMorgan Chase & Co. Giulia Marchi | Bloomberg | Getty Images Democrats pushing for a repeal of the SALT cap have an unlikely opponent: Jamie Dimon. In his annual shareholder letter, the chairman and CEO of JPMorgan Chase took aim at a host of carve-outs

Sawitree Pamee / EyeEm | EyeEm | Getty Images The recent ascent of bitcoin and other cryptocurrencies has enriched early investors with returns more akin to the lottery than your typical bread-and-butter investment. After all, a $10,000 investment at $100 per bitcoin would currently be worth an estimated $5 million. Of course, when an asset

David Solomon, the CEO of Goldman Sachs, speaks during the Bloomberg Global Business Forum in New York, September 25, 2019. Shannon Stapleton | Reuters Goldman Sachs, Starbucks and a range of other organizations across the U.S. announced Tuesday a collaborative effort aimed at narrowing the racial wealth gap between Black and white Americans. The initiative,

In the mid-1990s, just before the dot-com bubble, Mark Cuban was approached by a friend about a business idea. As a fellow sports fan, his friend, Todd Wagner, pitched Cuban that it would be lucrative to start an internet audio company where users could listen to sports games online. Sold on the possibilities, Cuban agreed,

Pope Francis is using his pulpit to call attention to climate migration. “When we look, what do we see? Many are being devoured in conditions that make it impossible to survive. Forced to abandon fields and shorelines, homes and villages, people flee in haste carrying just a few souvenirs and treasures, scraps of their culture

Google may be calling people back into the office, but many other companies — not to mention entrepreneurs — are still committed to remote work. From Croatia to Barbados, destinations provide vastly different experiences for foreigners who wish to work from new shores. The weather is usually better (save hurricanes), and costs can be cheaper