Robert Frank is an award-winning journalist, best-selling author and leading journalistic authority on the American wealthy. He joined CNBC in May 2012 as a reporter and editor for the news organization.
Prior to joining CNBC, Frank was with The Wall Street Journal for 18 years, serving as a foreign correspondent in London and Singapore, and later covering Wall Street and corporate scandals. For eight years, he was the paper's Wealth Reporter, covering the lives, culture and economy of the new rich.
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Would You Buy a $39,700 Bottle of Wine? Someone Did.
A case of 1978 Romanée-Conti Grand Cru sold for $476,280 -- or about $39,700 a bottle -- on Saturday, making it one of the most expensive cases ever auctioned.
U.S. Falls Behind in Creating Millionaire Entrepreneurs
America may be falling behind the rest of the world when it comes to creating entrepreneurial wealth, a study shows.