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
Eric Hsu remembers a time when he was 10 days away from payday and had just $32 left. He had no savings. “I used the remaining money I had to buy loaves of white bread and I ate that for all three meals until my pay came in,” he told CNBC Make It. “Sometimes I
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
mediaphotos | E+ | Getty Images Most Americans will use their tax refund to bolster their finances amid economic uncertainty, stock market volatility and lingering inflation. More than one-third of Americans are saving their tax refund this season and 44% have earmarked the funds to pay off debt or bills, according to the CNBC
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
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