Digital cryptocurrencies, Bitcoin, Ripple, Ethernum, Dash, Monero and Litecoin. Chesnot | Getty Images Most millennial millionaires have the bulk of their wealth in crypto, and they’re planning to add more in 2022 despite the recent price declines, according to the CNBC Millionaire Survey. Fully 83% of millennial millionaires own cryptocurrencies, according to the survey, which
Wealth
Inflation is the number one economic fear among millionaires for the first time in recent history, according to the CNBC Millionaire Survey. When asked about the biggest risk to the U.S. economy, inflation ranked first, alongside government dysfunction, according to the survey of investors with $1 million or more in investible assets. The results marked
Even without a pandemic, holiday travel isn’t for the faint of heart. Millions are expected to travel this month, with threats of volatile weather and the omicron variant further stressing out people eager to close Year 2 of the pandemic. To help travelers prepare, CNBC Travel asked industry insiders this question: What’s your one, solid
Elon Musk says he has a new timeline for his big Mars project — and it’s sooner than you might think. “I’ll be surprised if we’re not landing on Mars within five years,” Musk told Time Magazine, about SpaceX taking humankind to Mars in a story published Monday. Musk, the 50-year-old SpaceX founder and CEO
Elon Musk, CEO of Tesla and SpaceX, has consistently supported dogecoin, a meme-inspired cryptocurrency. He’s invested in it, along with bitcoin and ether, he said in October. But to Musk, dogecoin has an advantage over bitcoin and other cryptocurrencies: He sees dogecoin as the best cryptocurrency to transact with. “Fundamentally, bitcoin is not a good
In this article TSLA SpaceX owner and Tesla CEO Elon Musk arrives on the red carpet for the Axel Springer Award 2020 on December 01, 2020 in Berlin, Germany. Britta Pedersen | Getty Images Elon Musk’s sale of $906 million in Tesla stock Monday brings him one step closer to his ultimate sales goal. The
Since the start of the pandemic, billionaire health philanthropist Bill Gates has been a target for bizarre Covid conspiracy theories. Now, Gates says, those rumors and pieces of disinformation are keeping many Americans from getting vaccinated against Covid — and delaying the end of the pandemic by doing so. In a blog post last week,
Patek Philippe watch Courtesy: Patek Philippe The first of the new limited edition Patek Philippe Tiffany & Co. Nautilus watches sold at auction on Saturday for $6.5 million — more than 120 times its retail price. The sale cements the reputation of the Patek Philippe Nautilus Ref. 5711, which was discontinued earlier this year, as
Sometimes, even a great business or product idea can’t save you from the perils of inexperience. On Friday’s episode of ABC’s “Shark Tank,” a husband-and-wife pair of business owners learned that lesson the hard way. The duo, Chris and Elisa Cirri, pitched their Wallingford, Connecticut-based start-up, called Santa’s Enchanted Mailbox, on the holiday-themed episode. The
This $23.5 million mansion in Kauai recently sold to guitarist Carlos Santana. PanaViz Hawaii’s luxury real estate market is soaring to all-time highs fueled by several factors including pent-up demand from the coronavirus pandemic, record low interest rates and rising equity markets. In the first three quarters of this year, homes valued at $3 million
It’s no secret that billionaire Mark Cuban is bullish on the cryptocurrency market and the technology that surrounds it. And looking ahead to 2022, Cuban is most excited to see the “new and unique” crypto applications that may “replace existing business processes,” he tells CNBC Make It. “Smart contracts can change the world.” Smart contracts
When it comes to financial priorities, most experts agree that it’s smart to save money and build an emergency fund before you focus your efforts on investing. However, there is a such thing as over-saving, says Bernadette Joy, money coach and founder of Crush Your Money Goals. Joy, who paid off $300,000 in debt in
I was first introduced to the stock market through an internship in 2010. Before that, I had only heard of the stock market through TV and movie references. Neither of my parents had ever owned stocks, and neither had I at that point. More from Grow: Seven years later, I was a financial advisor working
If you work at one of America’s biggest companies, the gap between what you earn and your CEO’s salary could be mind-boggling. According to a recent study from job search website Lensa, the CEOs at 100 of the country’s largest companies make roughly $1.28 million more per year in salary than their average employee. It’s
As Bill Gates reflected on what he calls his “most unusual and difficult year,” the billionaire also looked ahead to 2022 and beyond with no shortage of optimism — including when it comes to our “more digitized future.” In a year-end post on Gates’ personal blog, the Microsoft co-founder included a prediction about the future
The non-alcoholic beverage industry skyrocketed this past year as consumers shift from booze-filled nights to prioritizing their health and wellness. While some people are cutting back entirely, others are switching to beverages that taste like their favorite tipples, but without the alcohol. Once thought to be a passing — even mockable — trend, non-alcoholic wine,
Elizabeth Holmes, founder of Theranos Inc., leaves federal court in San Jose, California, on Wednesday, Dec. 8, 2021. David Paul Morris | Bloomberg | Getty Images SAN JOSE, Calif. — In her final effort to try and sway the jury in her criminal fraud trial, Theranos founder Elizabeth Holmes blasted ex-boyfriend Ramesh “Sunny” Balwani, her
Initiating a conversation about your salary is often an uncomfortable process to navigate. The fear of rejection and disappointment can make it easy to get tongue-tied and use language that might hurt your chances of getting what you want. All successful negotiations begin with being aware of the words you use. I’ve spent more than
London’s Connaught Bar is the best bar in the world — again. That’s according to “The World’s 50 Best Bars,” an annual ranking by William Reed Business Media, a U.K.-based company that also publishes “The World’s 50 Best Restaurants” list. After a subdued online ceremony in 2020, this year’s results were announced yesterday at a
Theranos founder and former CEO Elizabeth Holmes (R) and her partner Billy Evans (L) arrive for Elizabeth Holmes’s trial at the Robert F. Peckham Federal Building on December 07, 2021 in San Jose, California. Justin Sullivan | Getty Images SAN JOSE, CALIF. – Theranos founder Elizabeth Holmes admitted on Tuesday that she gave a journalist
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