The luxury watch market is well-positioned to avoid a crash as tight supply and a new generation of young collectors drive demand, according to the CEO of Audemars Piguet. Luxury watch prices on the secondary market fell 8% last year, with some top models falling more than 20% from their peak, according to WatchCharts. Experts
Wealth
Bill Gates has four science books he recommends to “anyone who wants to understand the weather and how it’s affected by climate change” — and you don’t need a science background to understand them. In a recent blog post, the billionaire shared a list of 25 books he started reading in 2008 as he transitioned
When Bethenny Frankel joined the cast of “The Real Housewives of New York City,” she had no business savvy and no money, she says — but she knew when a contract didn’t feel right. The reality TV alumna, who later founded the Skinnygirl lifestyle brand and became a self-made millionaire entrepreneur, agreed to a payment
Mistakes happen, especially when it comes to money. Even our most trusted sources for financial information and advice have their own regrets. Here, CNBC Financial Advisor Council members share their greatest money mishaps, and what they do differently now. In every case, their younger selves made tradeoffs that sacrificed their long-term financial well-being. Maybe if
Lamborghini’s quick sellout of its new $600,000 hybrid supercar is proof that wealthy car buyers are still spending, according to the CEO. Lamborghini already has a waiting list and two years worth of orders for the Revuelto, its first ever plug-in hybrid that was launched last month, CEO Stephan Winkelmann told CNBC. The orders come
To recline or not to recline your seat? The position in which you fly — and how fervently you feel about the topic — may depend on where you’re from. Survey results released Monday show that the degree to which passengers found certain behaviors to be “unacceptable” on flights varies by region. The survey of
FatCamera | E+ | Getty Images The federal tax deadline is one week away for most Americans, and if you can’t cover your balance by April 18, you may have options, tax experts say. Whether you file on time or request an extension, you need to pay taxes owed by the original due date to
For the past year, it’s been harder and more expensive for Russians to travel abroad. But some say that’s only the beginning of their concerns. With anti-Russian sentiment on the rise, several Russian citizens spoke to CNBC Travel about their worries, how they’re treated when they travel, and what goes through their minds when people
If you think that raising capital is the best way to get your business off the ground, you’re wrong, according to Mark Cuban. You should actually do the complete opposite, the billionaire entrepreneur said during a panel at SXSW last month, and opt to start a business “with as little money as possible.” Cuban, of
Since Tim Cook became CEO of Apple, he’s worked to cement his own legacy — but he still admires his predecessor Steve Jobs’ leadership style. “I knew I couldn’t be Steve [when I became CEO],” Cook, 62, told GQ on Monday. “I don’t think anybody could be Steve. I think he was a once-in-a-hundred-years kind
If you’ve heard a lot of pro-AI chatter in recent days, you’re probably not alone. AI developers, prominent AI ethicists and even Microsoft co-founder Bill Gates have spent the past week defending their work. That’s in response to an open letter published last week by the Future of Life Institute, signed by Tesla CEO Elon
Michael Jordans 1998 NBA Finals Air Jordan XIIIs sneakers are displayed during a press preview in New York on April 6, 2023 at Sothebys for the upcoming auction Victoriam, a special two-part curated collection of sports artifacts. Timothy A. Clary | AFP | Getty Images Michael Jordan’s shoes from Game 2 of the 1998 NBA
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