The billionaire founder of Rockstar Energy has purchased millions of shares of Celsius Holdings and is calling for the ouster of that company's CEO after its earnings miss this week.Russ Savage now controls more than 12 million shares of Celsius, he told CNBC. Celsius markets its energy drinks to athletes...
Category: Wealth
How big is the great wealth transfer? It could be over $100 trillion or $36 trillion
Robert Nicholas | Ojo Images | 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.A new estimate for the great wealth transfer has sparked a debate...
Renting a yacht in the Mediterranean this summer just got cheaper
Fteri beach on Kefalonia, Greece. Miljko | Istock | 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.Yacht companies are offering discounts and special offers on...
Boom in tech wealth is fueling record prices for dinosaur bones, art and watches, auction houses say
The head of "Gus," one of the largest Tyrannosaurus rex skeletons ever found, is pictured during a press preview at the Sotheby's Breuer building in New York, on July 1, 2026.Timothy A. Clary | Afp | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter with...
New SpaceX millionaires are reinventing the business of managing large wealth
SpaceX executives and employees ring the opening bell at the Nasdaq MarketSite to celebrate the launch of SpaceX's initial public offering in New York on June 12, 2026.Adam Jeffery | CNBCThousands of SpaceX employees who have suddenly become millionaires are redefining the wealth management business with their combined fortunes.As CNBC...