Solstock | E+ | 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.Wealthy millennials and Gen Zers are redefining the world of charitable giving, seeing themselves...
Category: Wealth
Rolls-Royce opens VIP showroom in NYC to cater to its top-tier clients. Take a look inside
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...
Burberry’s FTSE relegation confirms a long fall from grace for the luxury fashion icon
LONDON, UNITED KINGDOM - 2020/07/16: Storefront of the Burberry store in the prestigious New Bond Street. (Photo by Dave Rushen/SOPA Images/LightRocket via Getty Images)Sopa Images | Lightrocket | Getty ImagesLONDON โ British luxury fashion house Burberry Group dropped out of the U.K.'s FTSE 100 stock market index on Wednesday, as...
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...
Britain’s ultra-wealthy are threatening to exit en masse ahead of proposed tax changes
Street scene in Old Bond Street, Mayfair, London, United Kingdom.Pawel Libera | The Image Bank | Getty ImagesLONDON โ Monaco, Italy, Switzerland, Dubai. They're just a few of the destinations trying to lure away the U.K.'s uber wealthy ahead of proposed changes to the country's divisive non-dom tax regime.Almost two-thirds...