“The American Dream is alive and well,” billionaire GoDaddy founder Bob Parsons told CNBC on Thursday. Parsons, a Vietnam War veteran who was once “dirt poor,” suggested on “Squawk Box” he’s a living example, and said his wealth is self-made, rather than being inherited. “There are billionaires and there are ‘billionaires,'” he said, raising his voice at
Wealth
“Where do you live?” is a simple question — but I don’t have a quick answer. Instead of settling down and waiting to get old in one place, my husband and I devised an ongoing travel plan that each year includes France, Singapore, South Africa, Australia and New Zealand — as well as the odd
Ferrari Roma Source: Ferrari Ferrari unveiled a new front-engine V-8 powerhouse called “the Roma” on Wednesday in its namesake city, expanding its offering of more comfortable touring rides. The company isn’t saying much yet about the Roma, its price or its exact features. But the car looks a bit like a coupe version of the
Personal computer pioneer Michael Dell on Tuesday defended free market capitalism as the most effective system to drive entrepreneurship and jobs. “If you look at the number of jobs that have been created by the free enterprise system, this is the best thing going,” the Dell Technologies founder said in a “Squawk Box” interview. “We
Patek Philippe Grandmaster Chime Source: Christie’s A one-of-a-kind Patek Philippe watch sold for $31 million at a charity auction in Geneva, making it the most expensive wristwatch ever auctioned. The steel Patek Philippe Grandmaster Chime Ref. 6300A-010 smashed the previous record for an auctioned watch — the $17.7 million fetched in 2017 for the Rolex
Jamie Dimon, CEO of JP Morgan Chase, speaking at the 2019 WEF in Davos, Switzerland on Jan. 23rd, 2019. Adam Galica | CNBC The growing wealth gap separating the rich from the rest of the U.S. is an issue that needs to be resolved, J.P. Morgan Chase CEO Jamie Dimon said in a “60 Minutes”
Forget “best eyes” and “class clown.” What about “most likely to succeed?'” When Melanie Perkins decided she wanted to keep yearbooks alive in the digital era, she didn’t just write it on the back page and forget about it. She started her own company. But how did Canva go from a small start-up in Australia
Billionaire Mike Bloomberg could enter the presidential race and immediately make a mark, longtime Republican pollster Frank Luntz told CNBC on Friday. “Mike Bloomberg has more money than God,” said Luntz, explaining how the businessman, philanthropist and former New York City mayor could benefit from his wealth if he enters the race. He said Bloomberg
Democratic presidential candidate Sen. Elizabeth Warren‘s wealth tax would not generate enough money to make a dent in income inequality, said David Rubenstein, the billionaire co-founder of private equity powerhouse The Carlyle Group. “I don’t think all of a sudden a wealth tax, for example, would solve all of our society’s problems, if one could
Scott Olson | Getty Images News | Getty Images Democratic presidential candidate Elizabeth Warren lashed out at billionaire Leon Cooperman on Monday for his stake in student loan servicer Navient and stressed the importance of forgiving student debt. “I care about an entire generation of students being crushed by student loan debt — deferring their