Wealth

Apple‘s iPhone extravaganza is still the biggest product event of the year for a simple reason: The iPhone remains the single most successful hardware product of the PC era. So what happened this week? Three new iPhones were announced: The iPhone 11, 11 Pro and 11 Pro Max. A new Apple Watch with a screen
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There’s luxury travel and then there’s super-luxury travel. And by any measure, touring the world on a specially outfitted private jet with 15 to 50 like-minded passengers, all on the same financial playing field, falls into the “ultra-luxe” category. For well-to-do, worldly travelers with destinations and experiences still on their bucket lists, joining a private
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Lamborghini Sián Source: Lamborghini Ahead of its official Frankfurt Auto show debut, Lamborghini has revealed the Sian, the Italian supercar maker’s first hybrid vehicle. Sian means flash of lightning in the Sant’Agata automaker’s Bolognese Italian dialect — an apt name for a car that’s also the company’s most powerful creation. The Sian’s heart is the
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Bugatti Chiron Source: Bugatti Bugatti became the first carmaker to top 300 mph, when a modified version of its hypercar hit 304.77 mph. A Bugatti Chiron, adapted for higher speeds and driven by Andy Wallace, hit the top speed on Volkswagen‘s Ehra-Lessien test track in Germany on Aug. 2. It is the first supercar to
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The Chartwell Estate Photograph by Jim Bartsch, courtesy of the Estate of Jerry Perenchio This elegant French chateau-style estate in Los Angeles’ Bel Air neighborhood recently got a $50 million price chop but is still the most expensive residence for sale in America. CNBC got an exclusive look inside the $195 million mega home. The
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RIYADH, Saudi Arabia — Crown Prince Mohammad bin Salman hopes to see tourism contribute 10% of Saudi Arabia’s gross domestic product by 2030 — and the country plans to tap everything from a 2,000-year-old UNESCO heritage site to the “the longest, tallest and fastest roller coaster in the world” to make it happen. Next month,
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David Koch, the billionaire, industrialist, philanthropist, political activist and onetime vice presidential candidate for the Libertarian Party, died Friday. He was 79. “It is with a heavy heart that I announce the passing of my brother David,” Charles Koch announced in a statement. “Anyone who worked with David surely experienced his giant personality and passion
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It is the Coachella of classic cars, the Woodstock for wealthy wheel-freaks. It’s Monterey Car Week, which includes the Concours D’Elegance car awards show and runs though Sunday. It’s six days of parties, road tours, product announcements and vintage races focused on the rarest and most expensive cars in the world. But for the wealthy
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