Wealth

Janvhi Bhojwani | CNBC Jamie Dimon, CEO of JP Morgan Chase, speaking at the Business Roundtable CEO Innovation Summit in Washington, D.C. on Dec. 6th, 2018.  J.P. Morgan Chase Chairman and CEO Jamie Dimon got a 5 percent bump — $2 million — in his pay last year following record annual earnings for the company. Dimon’s
0 Comments
The presidency of Donald Trump has indirectly helped the real estate market in South Florida, Miami property magnate Gil Dezer told CNBC on Thursday. Dezer, who runs his billionaire family’s real estate empire, said prices of his firm’s Trump-branded properties in Florida have been pumped up by the president’s popularity there. “We shouldn’t forget that
0 Comments
In the wake of Nike’s 30th anniversary of the “Just Do It” campaign, the company just did it. The major retailer featured former NFL quarterback Colin Kaepernick in its ad campaign with the message: “Believe in something. Even if it means sacrificing everything.” Has the Kaepernick gamble paid off? Plus, Facebook’s Sheryl Sandberg and Twitter’s
0 Comments
Gianluca Colla | Bloomberg | Getty Images Visitors pass a giant model of a luxury A. Lange & Soehne wristwatch, manufactured by Lange Uhren GmbH, a watchmaking unit of Cie. Financiere Richemont SA. Spending on watches, jewelry, boats and other luxury goods could tumble because of the recent stock market jitters, according an analysis from
0 Comments
The Consumer Electronics Show — CES — is how tech starts the year. It’s a massive event in Las Vegas with halls full of booths, wall-to-wall people and companies competing to convince the world that they own the future. Jon Fortt and Julia Boorstin were there for CNBC, interviewing executives, taking in the news and
0 Comments
The ultra-wealthy don’t get caught up in the latest fads, pouncing on the next “new” thing. Take bitcoin, for example. The cryptocurrency took off in 2017, making instant millionaires out of some early investors. That spurred a lot of people to jump in and try their hand at making a fortune. That could be fine
0 Comments
The economy’s supposed to be really good, if you look at the official numbers. According to the U.S. Labor Department, the unemployment rate was under 4 percent in July, which is a level that is often used to describe “full employment.” Everybody who wants a job has one. Except … not really. The system isn’t
0 Comments
Before he boarded a JetSmarter flight in Las Vegas, Maurice Paola was a little-known DJ and music producer. Now, he’s a symbol of private jet air rage and screening procedures at the flying service start-up. Paola was one of several passengers on the flight headed to White Plains, New York, on Sept. 3. About 45
0 Comments
SiriusXM, the satellite radio giant, announced a plan to buy Pandora, the streaming music pioneer. What does it mean for the future of content and subscriptions online? Also, a big week in cloud computing: Jon Fortt travels to Orlando and sits down for a major triple-play interview with the CEOs of Microsoft, Adobe and SAP.
0 Comments
Jeff Bezos‘ divorce could become the most expensive in history — exactly what he pays out will depend on the complexities of marital law and the value of Amazon. Bezos announced in a tweet Wednesday that he and his wife of 25 years, MacKenzie, have “decided to divorce.” His tweet suggested that it will be
0 Comments
Wellness, fitness, nutrition – all of it is getting a makeover in this age of mobile tech. Now you can book doctor appointments on an app, get your blood drawn and the results back in 20 minutes. You can give your doctor access to your genetic code and get truly personalized service. Your stationary bike
0 Comments
It’s the most expensive purchase many of us even consider: A place to live. As we head into 2019, a complicated landscape in real estate has emerged. For a decade in a rebounding U.S. economy amid cheap loans, home prices have marched steadily higher. When the market bottomed in February 2009, the median sale price
0 Comments
Twenty percent of respondents, including 18 percent of Republican millionaires, think President Donald Trump won’t even be the Republican nominee for president in 2020. Eight percent believe outgoing Ohio Governor John Kasich will be the nominee, while 7 percent think it will be Vice President Mike Pence. That means that at least some Republicans believe
0 Comments
Millionaire investors say the biggest risk to their personal wealth next year is dysfunction in Washington. According to CNBC’s latest Millionaire Survey, conducted by Spectrem Group, millionaires say they generally are bullish about the economy, markets and their own fortunes next year. But they also contend that political dysfunction and government debt are looming problems
0 Comments