Wealth

Famed contemporary artist Damien Hirst told CNBC on Wednesday he believes in the staying power of nonfungible tokens, or NFTs, the blockchain-based digital collectibles that soared, then sank, in popularity this year. “You look at what’s happening in NFTs, and you can kind of see the galleries disappearing before you see the NFTs disappearing,” Hirst

Vlad Tenev attends the 2020 Breakthrough Prize Ceremony at NASA Ames Research Center on November 03, 2019 in Mountain View, California. Taylor Hill | Getty Images Robinhood CEO and co-founder Vlad Tenev will have a paper fortune of over $2.5 billion when the company starts trading, according to an SEC filing. But his real payday

In this article 1060-HK Joe Tsai, co-founder and executive vice chairman, Alibaba Group. S3studio | Getty Images News | Getty Images Alibaba co-founder Joe Tsai is the mystery buyer behind a $157 million apartment deal in Manhattan’s most prestigious condo tower, according to people familiar with the deal. Tsai, who also owns the Brooklyn Nets

Many Americans are seeking quiet, secluded trips to the great outdoors this year — only to find millions of others are doing the exact same thing. Travelers hoping to avoid the throngs in cities and theme parks are finding themselves among record numbers of visitors to national parks and coastal destinations.  Americans searched for national

Vlad Tenev and Baiju Bhatt, who co-founded Robinhood. Mark Neuling | CNBC Fintech is minting billionaires by the month. Already this year, Coinbase’s co-founders have joined the billionaire ranks, along with the founders of Affirm and Marqeta. For years, Silicon Valley has been taking on the banking incumbents with promises of a better customer experience,

In this article SCHW MoMo Productions | Taxi | Getty Images When it comes to building wealth, many Black Americans are facing an uphill battle. The median annual wage for Black workers is about 30% lower than that of white workers, according to a McKinsey & Company report. The report also found that 3.5 million

If you want to be successful, you have to start by being honest with yourself about some of your biggest weaknesses.  That’s according to billionaire Ray Dalio, who certainly has experienced his share of success as the founder of the world’s largest hedge fund, Bridgewater Associates. The hedge fund, which Dalio founded in his New

Google’s dedicated “sustainability” landing page is where the tech giant outlines its goals to combat climate change — like being carbon free by 2030 — and shows status reports on its environmental efforts, such as making a “hyperlocal” air quality map. Combating climate change is a “foundational value” for Google and other Silicon Valley companies,

Stephen Curry #30 of the Golden State Warriors drives to the basket against the Los Angeles Lakers during the 2021 NBA Play-In Tournament on May 19, 2021 at STAPLES Center in Los Angeles, California. Adam Pantozzi | National Basketball Association | Getty Images NBA star Steph Curry is now setting his sights on closing the

Mansions seen along the coast of Palm Beach, Fla. Getty Images Prices in Florida’s ultra-rich Palm Beach community hit an all-time high in the second quarter, as brokers grappled with a record-low number of mansions to sell. The average price for a single-family home in Palm Beach hit $11.7 million in the second quarter, up

For two decades, former New York Yankees star C.C. Sabathia was one of the best and highest-paid pitchers in Major League Baseball, grossing more than $260 million throughout his career until he retired in 2019. In 2008, Sabathia signed what was then the largest contract for a starting MLB pitcher: a seven-year, $161 million deal. In his

Dubai is already home to the world’s tallest building. Now it can lay claim to the world’s deepest diving pool too. Deep Dive Dubai opened on July 7, just 10 days after being named the world’s deepest diving pool by the Guinness World Records. The new indoor pool is nearly 200 feet deep and holds

Sterling notes and coins are laid out for a photo. Matt Cardy | Getty Images LONDON — The coronavirus pandemic has further widened the U.K.’s wealth gap, with the richest 10% of households seeing an average gain of £51,238 ($70,977) during the crisis, according to a new report.  The U.K.’s poorest households, meanwhile, saw their

As Americans recover from the widespread economic impact of the Covid-19 pandemic, some are already looking ahead and putting “financial defenses” in place to head off the next period of uncertainty. More than half, 58%, of Americans say they’re in “financial recovery mode,” according to Northwestern Mutual’s recent 2021 Planning & Progress Study. The annual survey,

Jamaican sprinter Usain Bolt is still known as the fastest man alive and one of the richest athletes. In 2018, Bolt was ranked at No. 45 on Forbes Magazine’s list of the 100 richest athletes in the world. He earned $31 million in 2017, when he officially retired. But Bolt, 34, admits he wasn’t always

The author of “Bad Blood” isn’t finished telling the Theranos story. Three years since the release of his bestselling book, John Carreyrou is debuting a new podcast to uncover the final chapter of former Theranos CEO Elizabeth Holmes. “Bad Blood: The Final Chapter” will follow the upcoming trial of Holmes. In an interview with CNBC,

Former Theranos CEO Elizabeth Holmes attends pre-trial hearing in the U.S. government’s fraud case against her on May 5, 2021. CNBC The mystery of missing Theranos patient test results that allegedly showed a high failure rate was the focus of former CEO Elizabeth Holmes’ pre-trial hearing on Wednesday. Holmes, pregnant and expected to give birth

People may not have traveled much during the past year, but that didn’t stop them from searching for ideas online. Luxury travel operator Unforgettable Travel wanted to know which travel experiences people searched the most during the past year. With the help of digital marketing agency SEO Travel, the company compiled a list of 135

For two decades, New York Yankee star C.C. Sabathia was one of the best pitchers in Major League Baseball, until the six-time All-Star and 2009 World Series Champion retired in 2019. But today, Sabathia, 40, says he’s in the best mental and physical shape of his life — better than he ever was as a

Monday marks Jeff Bezos’ final day as the CEO of Amazon, the company he launched in 1994 as an online bookseller that is now an ecommerce behemoth anworth $1.7 trillion — the company that has made him the richest person in the world with a nearly $200 billion fortune. Over Bezos’ roughly 27 years as