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Jeff Bezos says there is ‘no truth’ to the ‘buy borrow die’ tax strategy

Amazon executive chairman Jeff Bezos said a controversial tax strategy used by the wealthy to borrow against assets to lower their income taxes is largely...

Fanatics to launch first credit card as part of broader deal with American Express

A detailed view of an LED board displaying the Fanatics logo during first half of the match between the Houston Dash and the Denver...

Modular data center builder Armada raises $230 million, to build new Arizona factory with new investor Johnson Controls

Armada co-founders Dan Wright (L) and John Runyan (R)ArmadaArmada, which builds modular data centers that are becoming increasingly popular with customers in defense, energy...

2026 CNBC Disruptor 50 list: Why Anthropic was No. 1 in this year’s rankings

This year's Disruptor 50 list, with Anthropic at No. 1, followed by OpenAI, features companies that are using technology — primarily AI — to...

2026 CNBC Disruptor 50: See the full list of companies, rankings, and a new leader in the AI race

CNBC | Igor Gnedo, Antonina Lepore & Adrianne PaerelsThere's a big change at the top of the CNBC Disruptor 50 with Anthropic rising to...

JPMorgan’s summer reading list for the wealthy includes books on AI, leadership and lemons

JPMorgan summer reading listCourtesy: JPMorganThe latest JPMorgan Summer Reading List, an annual favorite among the wealthy, includes books on artificial intelligence, longevity, Keith Haring...

‘Survivor’s penalty’ can follow the death of a spouse — but its impact may be smaller than expected

Peter Cade | Photodisc | Getty ImagesMany retirees worry about how threats like inflation, living longer or market volatility could impact their nest egg.   But...

Family investors turn to old-economy businesses like dealerships and fisheries to avoid AI disruption

Fish farm nets on the East coast.Shaunl | E+ | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter with...

These three artworks could sell for $100 million each next week as May auctions begin

A large-scale Jackson Pollock drip painting titled, "Number 7A, 1948."Crystal Lau | CNBCA version of this article first appeared in CNBC's Inside Wealth newsletter...

Wealthy donors stand to win double tax benefit if ‘Trump Accounts’ allow stock donations

President Donald Trump onstage at the Treasury Department's Trump Accounts Summit, in Washington, Jan. 28, 2026.Kevin Lamarque | ReutersA version of this article first...

New York City Mayor Zohran Mamdani’s pied-à-terre property tax is moving ahead. But will it work?

New York City Mayor Zohran Mamdani speaks about the fiscal year 2027 budget in New York City on May 12, 2026. (Photo by TIMOTHY...

The wealthy keep buying Manhattan real estate despite potential pied-à-terre tax

Central Park Tower, center, along Billionaire's Row in New York, US, on Friday, May 1, 2026. Michael Nagle | Bloomberg | Getty ImagesHigh-end real...

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