Rolls-Royce has opened its first U.S. "Private Office," a secret VIP design studio for ultra-wealthy clients who want highly personalized cars.The Private Office, in Manhattan's trendy Meatpacking District, is central to the fabled British automaker's new strategy of growing sales and profits from selling more customized, higher-priced vehicles rather than...
Category: Wealth
Soaring sports team values create new pressure for owners on taxes, succession
A detailed view of the NFL shield logo on the field during a preseason game between the Los Angeles Rams and the Houston Texans at NRG Stadium in Houston on Aug. 24, 2024.Ric Tapia | Getty Images Sport | Getty ImagesSports team owners benefiting from soaring team values are also...
Laurene Powell Jobs is betting on these AI startups
Laurene Powell Jobs speaks onstage during TechCrunch Disrupt SF 2017. (Photo by Steve Jennings/Getty Images for TechCrunch)Steve JenningsA 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.News that...
China’s ultra-rich population sees ‘dramatic’ growth in last 10 years, outpacing the U.S., report shows
Staff members counting RMB cash deposited by customers in China's Nantong city.Cfoto | Future Publishing | Getty ImagesThe world's super rich club expanded significantly over the past 10 years, with China leading the charge, according to the latest report from New World Wealth and investment migration advisor Henley & Partners.The number...
Wealthy investors support Harris over Trump, new survey says
Vice President and Democratic presidential candidate Kamala Harris speaks at the Philip Chosky Theatre during a campaign event in Pittsburgh, Pennsylvania, on September 25, 2024. Jim Watson | AFP | Getty ImagesA majority of millionaire investors said they plan to vote for Vice President Kamala Harris in November, even though they...