Chamath Palihapitiya Heidi Gutman | CNBC Billionaires should be grateful for their good fortune and stop being so sensitive to public criticism and name-calling by politicians, tech billionaire Chamath Palihapitiya said Wednesday. In a heated billionaire-versus-billionaire debate with former hedge fund manager Leon Cooperman, Palihapitiya said that being demonized or labeled “out of touch” is a
Wealth
Baseball, known locally as yakyuu (or literally “field ball”), is a national phenomenon in Japan. Masaoka Shiki, one of Japan’s four great haiku masters, wrote several poems praising it. Osaka’s most infamous urban legend centers around it. It’s even more popular than the nation’s native sumo. According to data published by Japan’s Central Research Services
Historic England is the country’s official list keeper of the most historically and architecturally significant places in England — places such as monuments, shipwrecks and battlefields. And pubs. Earlier this month, the heritage organization updated 11 English pub listings to reflect their cultural heritage and national importance, with one receiving a coveted Grade I designation.
A woman wear a protective mask in Venice, Italy, on February 23, 2020 due to concerns over coronavirus infection. The carnival was suspended due to the coronavirus outbreak in northern Italy. NurPhoto Ferrari has suspended tours of its factory and shut down museums near its headquarters following the outbreak of coronavirus in Northern Italy. Ferrari’s
Listings on Airbnb have come a long way since co-founders Brian Chesky and Joe Gebbia rented out air mattresses in their San Francisco apartment for $80 per night. What was then “Air Bed and Breakfast” is now a company with over 7 million listings that include French castles, Mexican bubble domes, American sheep wagons and
Tesla CEO Elon Musk poses on the red carpet as he arrives for the 43rd “Golden Steering Wheel” awards on November 12, 2019 in Berlin. Tobias Schwarz | AFP via Getty Images Tesla has been given the go-ahead from a German court to cut down trees for its new European factory. Though it doesn’t yet
After a solo trip to Las Vegas, I needed some time away from bright lights and late nights. On a friend’s recommendation, I headed into Utah, to the Red Mountain Resort near St. George, about a two-hour drive northeast of Sin City. And I learned there’s a lot to do in Utah than go skiing.
CNBC’s Jim Cramer said Thursday that he found the Democratic debate in Las Vegas difficult to watch as Sen. Bernie Sanders assailed billionaire Mike Bloomberg and the wealthy. “It was painful because your wealth was really under fire last night,” Cramer said on “Squawk Box.” “How did this get to be, that if you’re wealthy
Rapa Nui, otherwise known as Easter Island (or Isla de Pascua), is one of the most remote inhabited places on the planet. It’s hard to find on a map — the island is little more than a stray dot in the vast southeastern Pacific Ocean. Its closest neighbors are the tiny Pitcairn Islands (some 1,200
Tom Merton | Getty Images Owners of large estates have reason to celebrate. For the second year in a row, the estate-tax exemption has increased to keep up with inflation, offering families with substantial assets the ability to shield a bigger portion of their estates from estate tax. For 2020 the Internal Revenue Service raised
How much are you willing to pay for a ticket to the local zoo? Say $25, maybe $35? A one-day pass to the San Diego Zoo, the most expensive — and largely considered the best zoo in the U.S. — charges $58 (before discounts). So how does Canberra, Australia’s National Zoo & Aquarium get visitors
Martha’s Vineyard, Nantucket and Block Island are classic New England islands. Framed by white sand beaches, these photogenic locations are dotted with Victorian architecture and Federal-style brick mansions built by sea captains and industrialists who profited from the once-thriving whaling trade. Lighthouses, dramatic bluffs and windswept dunes complete the alluring picture that keeps tourists coming
Britain’s Prince Harry speaks at Windsor Castle in Berkshire, Britain May 6, 2019. Steve Parsons | Pool | Reuters Goldman Sachs is in discussions to feature Prince Harry as a guest speaker for its interview series “Talks at GS,” according to a person with knowledge of the situation. The Duke of Sussex will likely want
Exhausted road warriors look to airport hotels for convenience. But increasingly, those hotels want travelers to visit for reasons that go beyond ease of access. Essential needs remain constant, but a growing number of amenities, such as lavish spas and farm-to-table dining, tell of an evolving trend. Airport hotels, like Grant Hyatt at SFO, are
Kang-ho Song, Hye-jin Jang, Woo-sik Choi, So-dam Park in the movie “Parasite.” Source: Parasite In “Parasite,” the South Korean thriller that took home four Oscars Sunday night, including the award for best picture, the tension between rich and poor is on full display, juxtaposing the luxury and abundance of the haves with the hardship and
Kathrin Ziegler | Getty Images There is a lot you can get done in a half-hour. Binge your favorite sitcom, take a nap or finish a chapter of a book. You can also take the first step to financial independence in under 30 minutes. Do you know your net worth? You don’t have to be
Much has been written about black truffle hunting in the French countryside, where Perigord truffles, or tuber melanosporum, thrive below oak and hazelnut trees. But little is discussed about how these “black diamonds” are traded before they reach the hands of fine dining chefs around the world. The interior of a black truffle is lined
Apple CEO Tim Cook speaks about the Apple Watch during Apple’s annual Worldwide Developers Conference in San Jose, California, June 3, 2019. REUTERS/Mason Trinca Mason Trinca | Reuters The Apple Watch outsold the entire Swiss watch industry in 2019, according to a new report. Market research firm Strategy Analytics estimates that Apple shipped 30.7 million
Tesla CEO Elon Musk reacts during a conversation at the E3 gaming convention in Los Angeles, June 13, 2019. Mike Blake | Reuters Elon Musk got $4.5 billion richer overnight, as Tesla’s share price continues to surge. Musk, who owns about 19% of the company’s stock, or 34.1 million shares, saw the value of his
Billionaire investor Ron Baron told CNBC on Tuesday he’s ardently against implementing a wealth tax. “I hate the wealth-tax idea,” the founder of Baron Capital and lifelong Democrat said in a “Squawk Box” interview. “If you want to start taxes on people with high incomes, that’s OK,” he added. “But the wealth tax I think