Money: Latest Financial Topics from CNBC

Here is the latest Money News from CNBC.

Wealth equality debate fails to vilify Trump for being a billionaire: Author
U.S. billionaires are generally well-regarded around the world, and that’s helping Trump, says author.

The changing landscape of wealth management benefits investors over managers
Regulatory change and evolving technologies are changing thow investors access investment products and get advice.

Billionaire hedge fund manager tears down his $62 million mansion
Sick of your multimillion-dollar home? You could tear it down, as Steve Cohen did, according to the NY Post.

A man cave for the super rich: Ferraris included
There are man caves and then there are the MAN CAVES of the super rich.

Common millionaire myth debunked by study
A new report finds that millionaire taxes don’t really cause wealthy residents to flee. The Fiscal Times reports.

Birkin bags record $300,000 for a handbag at auction
That price was well over Christie’s estimate of $194,000 to $259,000.

This billionaire’s son has gone his own way…And is betting on mobile apps
The popularity of mobile apps may be waning overseas but they remain relevant in India, the CEO of Indian messaging app Hike told CNBC.

Race to the Hamptons: Chopper vs Uber
CNBC held a “race to the Hamptons,” pitting a Blade helicopter against an Uber XL.

Billionaire Tisch family to acquire stake in Roberta’s
A member of the Tisch family has a deal in the works to invest in Brooklyn restaurant Roberta’s, Eater reports.

Gawker CEO: I’m ‘slightly impressed’ by Thiel’s ‘Count of Monte Cristo’ revenge
Gawker’s Nick Denton says venture capitalist Peter Thiel’s attack on the site shows the power of the billionaire class.

Anonymous American pays millions for a slice of English history
The first four Folios of William Shakespeare’s “collected works” have sold for £2.479 million at Christie’s in London.

Annual flight to the Hamptons begins
CNBC’s Robert Frank reports Friday marks the start of the mass migration to the Hamptons in Long Island. And CNBC’s Kate Rogers takes a look at how the annual ritual has been transformed by new on-demand travel, specifically Blade, the “uber of helicopters.”

From meatballs to $21 million empire: How we launched a dining sensation
Meatball Shop’s Daniel Holzman and Michael Chernow built an empire on a simple dish. Now, their restaurants cook up more than $21 million a year.

Top 10 highest-paid CEOs
Here are the 10 highest-paid CEOs for 2015, as calculated by The Associated Press and Equilar, an executive data firm.

10 traits rich people have in common
America’s wealthy may have more in common with you than you think.

The $400,000 private jet of vans
If a Gulfstream V jet mated with a cargo van, their offspring would probably look something like the “Jet Van.”

Wealthy children don’t grow into the best leaders: Study
Children of wealthy families often grow up to become less effective leaders, a new study has found.

This $10M whiskey collection has a $250K crown jewel
Mahesh Patel’s $10 million whiskey collection contains a $250,000 bottle, but he says investors can start small.

Diego Rivera painting sells privately for $15.7 million
The private sale was facilitated by Phillips auction house.

If not a Koch bro, can the Libertarians find a sugar daddy?
After the Kochs denied backing the Libertarian Party presidential candidate, questions remain about big dollar support.

Steven Cohen wins dismissal of ex-wife’s divorce lawsuit
Steven Cohen won the dismissal of a lawsuit in which his ex-wife accused him of cheating her out of millions in their divorce.

Watch as million dollar homes take over big cities
The share of million dollar homes has nearly doubled in the last four years, according to Trulia.

These expensive neighborhoods showed up the most in the Panama Papers
Most of the American addresses released in the Panama Papers are personal residences in high-income ZIP codes.

Rare blue diamond becomes most expensive diamond ever auctioned
A 14.6-carat blue diamond auctioned at a Christie’s in Geneva for $58.2 million, becoming the most expensive diamond ever auctioned.

Hottest investment among America’s millionaires: Pretty much nothing
Millionaires are down on the stock market and economy, with an investing outlook showing more fear than confidence.

Luxury real estate’s new weapon: Celebrity brokers
In the escalating arms race of luxury real estate, sellers have a new, not-so-secret weapon: Celebrity brokers.

China’s ‘Buffett’ who briefly went missing in Dec. says things ‘back to normal’
China’s Fosun has a plan to reduce its debt, according to its chairman Guo Guangchang.

It’s ‘a disgrace’: This is how much more CEOs make than workers
The average pay for a CEO was $12.4 million dollars in 2015, 335 times the pay of a rank-and-file worker.

The biggest obstacle to breaking up the Wall St banks? CEO pay
Keeping big banks from being broken up is great for their CEOs, according to one analyst report.

Millionaire investors say this candidate is better for markets: CNBC Survey
Millionaire investors said a win by this candidate would be a better investing opportunity.

Most US stock market investors don’t pay taxes on gains: Report
Only about a quarter of U.S. stocks are owned by people who pay taxes on their gains, according to new analysis.

Buffett: I may help bankroll Dan Gilbert’s bid to buy Yahoo
Berkshire Hathaway has offered to be a potential finance partner for Dan Gilbert’s bid to buy Yahoo, Warren Buffett says.

Birthday boy Mark Zuckerberg’s fortune equates to $4M for every day of his life
Facebook’s Mark Zuckerberg has made more than any other CEO based on his age and current net worth.

Why millionaires like Clinton and Sanders better than Trump
They may be rich like Donald Trump, but millionaires won’t give him their vote, a new survey finds. Margie Omero explains why that’s a bad sign.

Frida Kahlo painting sells for over $8M
A Frida Kahlo painting has sold for just over $8 million at auction, a world auction record for the late Mexican artist.

The best luxury investments of 2015 were…
Classic cars and rare coins maintained their status as the world’s best-performing luxury assets, according to a new report.