Money: Latest Financial Topics from CNBC

Billionaire: Here’s where I get some great ideas
For one billionaire, not every important business decision happens in the boardroom.

These millionaires are especially worried about their kids
CNBC’s latest Millionaire Survey finds that millionaires worry their children will be financially worse off.

Millionaire voters are warming to Trump, but still favor Hillary
American millionaires favor Hillary Clinton over Donald Trump, but their support for Trump is growing, according to a new poll.

Billionaire Ken Langone: I’ll back Trump, but I’m done with political fundraising
Billionaire Ken Langone says he’s supporting Trump for president despite previous endorsements of two Trump rivals.

Inside Celine Dion’s $45.5 million private island paradise
CNBC’s “Secret Lives of the Super Rich” was given exclusive access to Celine Dion’s estate.

Lucara sells world’s priciest diamond, but the $63M record won’t hold for long
Lucara Diamond has sold its 813-carat diamond for a record-breaking $63.1M, and is due to sell an even larger diamond in June.

Panama Papers reveal at least 36 Americans accused of financial crimes
The ICIJ said Monday that at least 36 Americans have been accused of fraudulently using off-shore accounts, USA TODAY reports.

Why billionaire Trump faces $$$ disadvantage versus Hillary
Presumptive Republican presidential nominee Donald Trump often boasts about his wealth, but he may end up with a money problem.

Trump: Rich will ‘probably pay more tax’ if I’m president
Donald Trump says he’s open to raising taxes on the rich, backing off his prior proposal to reduce taxes on all Americans.

Grover Norquist acknowledges Trump plan could mean tax hike for the rich
Anti-tax crusader Grover Norquist acknowledges Trump’s tax cut could result in the rich paying a bit more.

Mystery investor may offer to buy piece of Sotheby’s
Sotheby’s disclosed on Monday that an outside investor has expressed interest in buying at least 10 percent of the company.

Kneeling Hitler statue sells for $17.2 million
The statue of a kneeling Hitler sets a record for works by Italian artist Maurizio Cattelan.

Million-dollar home market slumps
The luxury home market may be losing some of its luster, with homes selling for $1 million or more marking their biggest drop in more than two years.

One top taxpayer moved, and New Jersey shuddered
Our top-heavy economy can put an entire state’s budget in the hands of a few top tax contributors, the New York Times reports.

Bill Gates calls for higher capital gains taxes
Bill Gates told CNBC that investment gains should be taxed at the same level as ordinary income.

The $1.5 million submarine that’s modeled after a drone
When submarine maker Graham Hawkes started designing his next generation of underwater cruisers, he decided to look to the skies instead of the sea.

Bomb-proof your Rolls-Royce for $200,000
Texas Armoring transforms refined luxury rides into rolling fortresses.

Shirley Temple’s 9.5 carat Blue Diamond could fetch $35M
CNBC’s Robert Frank and Sotheby’s Lisa Hubbard talks about the history behind the rare diamond and its $25-35 million price tag.

$300,000 per month? The most expensive rentals
Rents are soaring, and the monthly rates at the most expensive properties make buying a home look downright cheap.

$285K+ Ferrari 458 Spider crashed in England
A man crashed a Ferrari 458 Spider worth more than 200,000 pounds (more than $285,000) in Burnley, England on Sunday.

A moonshot venture aimed at changing the world
Billionaire Naveen Jain reveals how his start-ups — BlueDot and Moon Express — will help humanity.

IRS: Come clean before we read Panama Papers
American officials urged citizens to come forward before they become incriminated by the Panama Papers, reports NBC News.

China’s latest regulation on the rich
China’s media regulator has just banned the children of celebrities from appearing on reality TV, according to reports.

London’s super-rich turn to renting
The UK’s “generation rent” may be priced out of home buying, but renting is also hip among another group: the super-rich, the FT reports.

Why I was paid $99M last year: WPP CEO
WPP boss Martin Sorrell has defended his large pay package, telling CNBC that the success of the firm is linked to how much money he makes.

How much to be wealthy? Depends where you live
New surveys show that where you live can be as important as how when determining the amount of money it takes to be considered wealthy.

The NBA’s best scorer is a ridiculous bargain
Many consider Stephen Curry the NBA’s best player, but the Golden State Warriors do not pay him top dollar.

Miami real estate is melting down
The number of sales and prices in posh Miami Beach fell during the first quarter, according to a new report.

Bill Gates ‘surprised’ who’s NOT in Panama Papers
The lack of U.S. citizens named in the Panama Papers has left Microsoft founder Bill Gates a little incredulous.

Burberry’s sales fall in challenging luxury market
Burberry said its second-half sales were hit by a drop in tourist spending in Continental Europe and weak demand in Hong Kong.

Tech billionaire’s $250M grant to battle cancer
Former Facebook president Sean Parker announces the creation of the Parker Institute for Cancer Immunotherapy.

The power couple taking turns creating millions
Power couple Kevin and Maggie Callahan sold an app to Under Armour for $150 million, and they were just getting started.

Super-rich ways to put your money where your mouth is
The super rich know how treat themselves, whether it’s eating the most expensive omelette or ordering a set of pearly whites.

Young Chinese millionaires flock to Vancouver
Young Chinese millionaires are heading to Canada, The New York Times reports.

The $500,000 gold-plated super chopper
For the past 15 years, Sam Nehme has been creating some of the wildest and most expensive motorcycles in the world.

Billionaire: Why too much success can actually be bad
Too much success can be a bad thing. Never forget this one tip, says business mogul Tilman Fertitta.

Favorite hotel of the rich may come as a surprise
A new survey of more than 800 millionaires around the world ranked the Bellagio the No. 1 hotel in the world among millionaires.

UK’s Cameron announces new tax evasion law in 2016
David Cameron will say on Monday that new legislation making companies criminally liable if employees aid tax evasion will be introduced this year.

Panama Papers show tax avoidance like a ‘cancer’
European leaders are scrambling to tighten rules on tax evasion this week as the Panama Papers data dump continues to cause shockwaves.

Author: Alibaba’s Jack Ma embodies ‘American Dream’
The success of Alibaba in China and beyond is like the “American Dream,” said Duncan Clark, author of a new book on Ma.

Off-shoring after Panama: Harder, but doable
Shielding income from taxes has gotten tougher, but rich people will keep trying.

Pink diamond to fetch millions at auction
A rare, pear-shaped, vivid pink diamond will auction in Geneva next month, where it could fetch $38 million.

Wynn: ‘Nobody likes being around poor people’
Steve Wynn has just tossed a verbal grenade into the class wars.

Million-dollar home sales surge in this Southern city
Austin was the No. 1 city last year for growth in sales of homes priced at $1 million or more, according to a report.

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