Wealth

The richest Americans have gotten much richer, much faster.In 2024, the wealthiest households in the US experienced an unprecedented surge in their financial holdings, adding approximately $1 trillion to their collective net worth - a…

A 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. The art market is…

PIF will become the title sponsor of revamped golf series.Severn ImagesSaudi Arabia is deepening its investment in women's professional golf.The Public Investment Fund, the sovereign wealth fund of Saudi Arabia, announced on Wednesday…

Tourism could comprise 10% of Mongolia's gross domestic product if the country can attract 2 million annual tourists by 2030, the country's tourism minister told CNBC Wednesday.  "We have a big, ambitious kind of goal, which is about 2…

A new private membership club in Washington, D.C., co-founded by Donald Trump Jr., is charging a $500,000 membership fee — and there's already a waiting list.The club, called Executive Branch, held a launch party on Saturday night that…

Pakistan's closure of its airspace to Indian airlines Thursday is forcing carriers to alter some routes that link India to Europe, North America, Central Asia and the Middle East.Indian carriers — including Air India, IndiGo, Akasa Air…

Britain's over 60s hold over nine times more of the housing wealth than those aged under 35, new data has revealed.Owner-occupiers aged 60-plus now hold a record estimated £2.89 trillion of all owner-occupier housing wealth across the…

Fewer Americans are planning to travel this summer, according to a survey by the consumer finance company Bankrate.Some 46% of respondents said they are planning a summer vacation this year — down from 53% in 2024. Of those who don't…

The facade of Norway's central bank, also known as Norges Bank, in Oslo, Norway.Bloomberg | Bloomberg | Getty ImagesNorges Bank Investment Management — the largest sovereign wealth fund in the world — on Thursday reported a first-quarter…

A 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. Wesley Stanovsek was a…