Wealth

Singapore made global headlines last year when the government announced that biometric processing will replace travel document verifications at Changi Airport in the first half of 2024. But the city-state is going “passport-free” in another area: its land border with Malaysia. From Tuesday, people traveling by car between Singapore and Malaysia can show self-generated QR

Heli-skiing on virgin snow in Antarctica for a cool $2.2 million. A polar bear safari in an “off-limits” area of Norway’s Svalbard for $300,000. How about tracking snow leopards in the Himalayas with renowned explorers for $100,000?  Big-ticket travel experiences like those are indicative of the “quiet luxury” trend which began in the world of

A new report found that New York City is the no. 1 place for ultra-high-net-worth individuals to own a property. Alexander Spatari | Moment | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions,

For the most part, Mark Cuban is firmly anti-micromanaging. The 65-year-old billionaire entrepreneur weighed in on the common leadership style in a recent post on social media network X. If you find yourself constantly micromanaging the people around you, something’s wrong, Cuban noted. The only exception, he added: When you’re early in a process — think

Vm | E+ | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The U.S. has rapidly overwhelmed China as the world’s top spot for millionaires and billionaires, according a

Artistgndphotography | E+ | Getty Images A free tax filing program from the IRS fully opened in 12 pilot states on Tuesday — and officials from the U.S. Department of the Treasury have released state-by-state estimates of how many people qualify. “Direct File eligibility is limited to those with simple tax returns this filing season,”

This combination of pictures created on February 17, 2024, shows U.S. President Joe Biden waving from the South Lawn of the White House in Washington, D.C., on June 1, 2023, and former President Donald Trump waving to the media outside the White House on Jan. 12, 2021. Jim Watson | Brendan Smialowski | AFP |

Bill and Melinda Gates brace the rain as they visit the township of Khayelitsha on October 25, 2019 in Cape Town, South Africa. Brenton Geach | Gallo Images | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign

Mega Millions jackpot prize has grown to $792 million ahead of Friday night’s draw — its sixth highest total ever. However, the winnings you’d take home will vary depending on how they’re taxed in your state, as well as your choice of payout. To win the jackpot, you’ll need to match numbers with all five

Japan is launching a new high-speed bullet train, or shinkansen, extension on Saturday that will make an under-the-radar prefecture far more accessible to travelers. The coastal Fukui Prefecture is some 185 miles west of Tokyo. The new train will pass through the city of Fukui, the town of Awara and other places guidebooks rarely mention,

Jensen Huang has a simple message for young people who want to achieve “greatness”: No pain, no gain. That was essentially the Nvidia CEO’s message for students at his alma mater, Stanford University, where he spoke last week at the Stanford Institute for Economic Policy Research. “Greatness is not intelligence. Greatness comes from character. And

Calls for a wealth tax on the world’s super-rich are once again gaining attention after U.S. President Joe Biden said he would impose a new “billionaire tax” on the country’s wealthiest if re-elected in November. Outlining his 2025 budget proposals on Monday, Biden took aim at the uber affluent and reiterated plans for a 25%

Seksan Mongkhonkhamsao | Moment | Getty Images Roughly 10 years ago, I began shifting careers from concert promoter to personal finance journalist. Back then, I thought about taxes exactly once per year — when it was time to file my annual return. Now, as a tax reporter for CNBC, I focus on tax strategy all

Age is just a number, if you ask Mark Cuban. The 65-year-old billionaire says he now regrets stressing about his age every time he hit a big numerical milestone. “People always ask me what I would do differently in my life. Just one thing: I wish I hadn’t thought I was getting old at every

Shannonstent | E+ | Getty Images As the IRS bolsters its cryptocurrency expertise, tax professionals are bracing for increased scrutiny of digital currency.  Digital assets are one of the agency’s “priority areas,” according to a press release sent last week. The IRS announced it hired two former crypto executives to beef up its digital currency

Many passport rankings focus on one factor: visa-free travel. But passport strength is more complex than this, according to the tax and immigration consulting firm Nomad Capitalist. That’s why it produces a weighted annual index that analyzes five criteria: Visa-free travel — 50% Taxation — 20% Global perception —10% Ability to hold dual citizenship —

Singapore Prime Minister Lee Hsien Loong said Tuesday that a closed-door deal for Taylor Swift to perform in the city-state ensured she would not perform in other Southeast Asian countries during her Eras tour. “(Our) agencies negotiated an arrangement with her to come to Singapore and perform and to make Singapore her only stop in

A mega-yacht seized by U.S. authorities from a Russian oligarch is costing the government nearly $1 million a month to maintain, according to new court filings. The U.S. Department of Justice is seeking permission to sell a 348-foot yacht called Amadea, which it seized in 2022, alleging that it was owned by sanctioned Russian billionaire

Outbound passengers queue up to check in at Yantai Penglai International Airport on February 9, 2023 in Yantai, Shandong Province of China.  Vcg | Visual China Group | Getty Images Asia-Pacific’s travel sector is seeing strong growth, with demand for flights set to match pre-pandemic levels this year — thanks to Chinese tourists. The region’s

The nation’s millionaires and billionaires are evading more than $150 billion a year in taxes, adding to growing government deficits and creating a “lack of fairness” in the tax system, according to the head of the Internal Revenue Service. The IRS, with billion of dollars in new funding from Congress, has launched a sweeping crackdown