The New York Stock Exchange on April 14, 2025.View Press | Corbis News | Getty ImagesA 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 boosted their...
Category: Wealth
Bugatti CEO Mate Rimac says the future of supercars is old-school combustion engines
Bugatti CEO Mate Rimac said the supercar market is entering its "Swiss watch phase," with the wealthiest buyers rejecting high-tech electronics and electric vehicles in favor of precision mechanics and hand-crafted details.Rimac, the 38-year-old EV entrepreneur who took over Bugatti in 2021, said the car market is splitting in two:...
More tech millionaires are using donor-advised funds for tax savings and giving
Businessman working in the officePixelfit | E+ | Getty ImagesThe surge in IPOs and valuations for private tech companies is creating a secondary boom in donations of shares to donor-advised funds, or DAFs, according to a new study.Three quarters of the gifts to DAFgiving360 over the past 12 months were...
Lamborghini unveils Revuelto SV, its most powerful production car ever
Lamborghini on Friday launched the Revuelto SV, a limited-edition hybrid version of its V12 Revuelto that's the fastest and most powerful car ever built at its factory. The model is the latest in Lamborghini's storied "SV" line, which began 55 years ago with the Miura SV and has showcased lighter,...
Megayacht Amadea sold for $187 million to Dubai billionaire with Trump ties
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.A megayacht once valued at more than $300 million was sold by the U.S. government for $187 million to...




