Wealth

In March, when the Covid pandemic first began, Dwayne “The Rock” Johnson was getting ready to launch his tequila brand, called Teremana. “We all had to shut down around the world, obviously it affected our businesses large and small,” Johnson told CNBC’s “Squawk on the Street” Wednesday. But the pandemic ended up being fruitful for

It looks Dallas Mavericks’ billionaire owner, Mark Cuban, will take a financial hit this NBA season no matter how many games his team wins. “Am I going to lose a lot of money this year? Yes. No question about it. More than $100 million when this is all said and done? Yes. No question about

Legendary artist Dolly Parton has truly done it all. She has received 50 Grammy Award nominations, three Emmy Award nominations and one Tony Award nomination, has sold over 100 million albums worldwide, created theme park Dollywood and starred in multiple Netflix specials, all while building The Dollywood Foundation where she started book-gifting program Dolly Parton’s Imagination

Argentina’s Vice-President Cristina Fernandez de Kirchner (R) leads a virtual session of the senate at the Congress in Buenos Aires on December 4, 2020. JUAN MABROMATA | AFP | Getty Images LONDON — Argentina has passed a new wealth tax to help the government pay for health supplies and economic relief measures amid the ongoing

Jeremy Farrar, director of Wellcome Trust, at in the final session of the World Economic Forum (WEF) Africa meeting at the Cape Town International Convention Centre, on September 06, 2019, in Cape Town. Rodger Bosch/AFP via Getty Images Despite now being a scientific advisor to the U.K. government on the coronavirus, Professor Jeremy Farrar pretty

Wine touring has traditionally been for adults only, but that may be changing. Western Australia is at the forefront of a small but growing trend to turn wine touring into a travel activity the whole family can enjoy. Though international travelers aren’t allowed to enter Australia right now, the distribution of effective Covid-19 vaccines may

The most complete collection of Supreme T-shirts is being offered for sale at Christie’s for about $2 million, highlighting the soaring value of the luxury streetwear brand and the growing importance of a new generation in the collectibles world. The T-shirt collection is the only complete set of Supreme’s “box-logo” T-shirts, which were released since

According to self-made billionaire Mark Cuban, the future of America post-pandemic, or what he calls “America 2.0,” will look “different.” “My dad always said that you don’t live in the world you were born into, and that’s not going to change,” Cuban said during a Q&A session at the George W. Bush Center on Oct. 21. “The

Elon Musk has taken his electric vehicle long-shot, Tesla, from the brink of bankruptcy all the way to the S&P 500. He’s also lead SpaceX from near ruin to using its reusable rockets to courier NASA astronauts to the International Space Station. It may seem bold to bet against the maverick entrepreneur. (If you tell

If you’re having trouble staying focused and organized while working from home, keep in mind that even former president Barack Obama struggles with organization from time to time. Obama shared his tips for productivity and revealed the relatable task at which he doesn’t excel, during a video call with Eva Chen, Instagram’s director of fashion

Steve Wozniak is starting a second company, 45 years after he co-founded Apple in Steve Jobs’ parents garage in 1976. This time, Wozniak is starting a business in the green tech and blockchain space called Efforce, according to a statement released Friday. Efforce, which has been in stealth mode for almost a year, is a

NFL star Russell Wilson is one of football’s highest-paid players and he’s earned more than $160 million during his nine-year NFL career. But the Super Bowl-winning quarterback likely still has a way to go before he can reach what he calls “one of my biggest goals”: owning the Seattle Seahawks. Wilson recently told tech billionaire

Although negotiations surrounding a new coronavirus relief bill have resumed between Democrats and Republicans, it is still unclear whether new legislation will pass before the new year. Over nine months have passed since President Donald Trump signed the $2.2 trillion Coronavirus Aid, Relief, and Economic Security, or CARES, Act. Since, Congress has remained at an

Elizabeth Holmes David Orrell | CNBC In what is expected to be one of the most high profile trials in years, Elizabeth Holmes will face jurors wearing clear face masks in a socially distanced courtroom, a judge said Wednesday. The trial, to begin March 9, 2021 at a San Jose federal courthouse is expected to

When Bob Iger became the CEO of The Walt Disney Company in 2005, he had a risky idea: buy Pixar. At the time, Walt Disney Animation Studios had been “faltering,” Iger said during an interview with Bloomberg’s “The David Rubenstein Show: Peer-to-Peer Conversations” published Wednesday. Pixar and Disney had a joint venture to co-produce Pixar’s films,

SoulCycle announced Tuesday that Evelyn Webster will take over the role of chief executive officer in mid-December, the company told CNBC Make It. The announcement comes 12 months after Melanie Welan resigned from her position as CEO on Nov. 26, 2019, citing the need for new leadership. Sunder Reddy, SoulCycle’s chief financial officer since 2017,

For Jamie Dimon, chairman and CEO of JPMorgan Chase, his interest in finance began at a young age. When he was growing up, Dimon’s father, Theodore Dimon, and his paternal grandfather, Panos Papademetriou, worked as stock brokers at Shearson, Hammill & Co. “It starts with my grandfather,” Dimon said on the “Coffee with The Greats” podcast

Commercial air travel has come a long way since the “Golden Age of Travel” — an era marked by glamour, gourmet food and dapper passengers.   While complaints about smaller seats and expensive tickets are rife today, a look into the history of commercial aviation shows that today’s customer experience may not be as bad

krisanapong detraphiphat | Moment | Getty Images The rising economic power of women in this country is one of the most significant financial shifts of recent decades. The bottom line: Women are generating and managing an increasing amount of wealth in the U.S. Today, women control more than $10 trillion (about 33%) of total U.S.

In 1985, Ivan Boesky reportedly told the graduates of the Haas School of Business at the University of California, Berkeley that greed was “healthy.” Legend has it the sentiment and Boesky himself inspired the iconic character Gordon Gekko in the 1987 movie “Wall Street.” Today, Boesky‘s name may no longer be synonymous with Wall Street

At 67 years old, the CEO of Whole Foods, John Mackey, has built an empire of grocery stores. He does, however, have at least one regret: He has no children. “I just love children,” Mackey told Freakonomics Radio host Stephen Dubner in an episode released Nov. 4. How does Mackey think he would have been as a

Neiman Marcus now offers a virtual gift advisor service, and an in-store concierge service, to help customers pick out items on their wish lists. Source: Neiman Marcus Santa Claus will be busy delivering packages curbside, by appointment, at Neiman Marcus this holiday season. This is just one of the new initiatives that the luxury department

Tiffany & Co. gift boxes seen in a store window. Alex Tai | SOPA Images | LightRocket | Getty Images Many Americans are spending their days working from home in leggings and casualwear during the coronavirus pandemic. They have few, if any, parties or gatherings where they dress up — never mind show off a

From treetop dining to underwater villas, the Maldives is coming up imaginative ways to help travelers stay socially distanced while still enjoying a vacation. The island nation reopened to visitors on July 15, and more than 57,000 tourists have visited since. More airlines set to resume flights this month and next. Earlier in November, the

CEO of Tesla Motors Elon Musk reacts following the company’s initial public offering at the NASDAQ market in New York June 29, 2010 Brendan McDermid | Reuters Tesla co-founder Elon Musk is now the world’s second richest person after he leapfrogged Microsoft billionaire Bill Gates, according to the Bloomberg Billionaire Index, which tracks the wealth

For Rep. Alexandria Ocasio-Cortez, being a member of Congress requires being “on-call 24/7,” she recently told Vanity Fair. But despite the demands, AOC has trick to staying both productive and upbeat. “I try to focus less on ‘productivity’ and focus more on impact,” Ocasio-Cortez, 31, wrote in an Instagram story Saturday night. Ocasio-Cortez, who sits on the

“The difference between people who achieve their dreams and those who don’t is simple,” according to Spanx founder and CEO Sara Blakely. “It’s about action,” she said in an Instagram post on Monday. “It’s not about having a ton of brains or ton of money or a ton of experience,” according to Blakely. “Two decades

1. Never stop raising expectations. To achieve greatness, you must constantly be evolving and innovating. Let’s say you’ve reached all your goals this year. Are you going to keep those goals the same for next year? No. That’s Bezos‘ mind works. He’s always thinking about the next big thing. For example, how can a successful

According to Jamie Dimon, chairman and CEO of JPMorgan Chase, the most successful leaders have certain key traits. “[H]umility, openness, fairness [and] being authentic” are most important – “not [being] the smartest person in the room or the hardest working person in the room,” Dimon, who runs the nation’s largest bank and oversees more than

Two new Covid-19 testing programs may be the key to unlocking travel between the United States and Europe. Select passengers flying on American Airlines, British Airways and United Airlines flights are eligible to participate in testing programs that are evaluating whether preflight Covid-19 tests can be used to relax travel restrictions imposed by both countries.