Robert Frank
@robtfrank
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CNBC Wealth Reporter, Best-selling author of “Richistan,” former WSJ.
New York
Joined July 2009
The viral “duct taped banana” — formally titled “Comedian” by Maurizio Cattelan — just sold @Sothebys for over $5 million. “The most expensive banana ever sold,” said Sotheby’s auctioneer.
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RT @SquawkCNBC: President Biden is calling to tax increases on corporations and the wealthy. @robtfrank joins with a closer look at those p….
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RT @CNBC: A mega-yacht seized by U.S. authorities from a Russian oligarch is costing the government nearly $1 million a month to maintain,….
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The @ChristiesInc Elton John sale totals $20.5 million — more than twice the estimate. The top lot was a Banksy triptych that sold for $1.9 million. A pair of his silver platform boots sold for $94,500. #rocketman
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RT @SquawkCNBC: Wealth has increased across all age groups, but research from the Fed shows that Millennials and Gen-Z have had the fastest….
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RT @SquawkStreet: $RACE is racing higher, fresh off of an earnings beat. @robtfrank joins @SaraEisen to break down the results and discuss….
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Fully 44% of Ferraris sold last year were hybrids — double from a year ago. $RACE
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RT @moneymoverscnbc: Time for an event you won't want to miss ⌚. CNBC's @robtfrank joins us from @LVMH Watch Week in Miami, where big spend….
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RT @CNBC: A Hamptons estate that once listed for $150 million before falling into bankruptcy was sold at auction Wednesday for $88.5 millio….
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The Hamptons estate once listed for $150 million hammers for $79 million at auction. Further proof that listing prices at the ultra-high end are often fantasy/marketing gimmicks.
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RT @CNBC: The famous Hamptons estate known as “La Dune” is headed to the auction block. More details: https://t.co….
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Someone paid $2.9 million for this 2014 Pagani - online. Total sales at @Bringatrailer topped $1.4 billion in 2023, a rare bright spot in the classic car market last year.
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RT @LastCallCNBC: Can luxury real estate shine in 2024? @robtfrank reports on the bright spot in the housing market.
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RT @CNBCAmbition: “Suddenly, a house sells for $240 million in New York City.”. @CNBC’s @robtfrank highlights his favorite wealth and real….
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“The Dude’s” robe and shirt worn by Jeff Bridges in “The Big Lebowski” sell for $169,000, 5 times the estimate, @JuliensAuctions . Sunglasses sell for $89,000. The Dude abides…
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RT @SquawkCNBC: Millionaires are bullish on stocks but worried about the economy in 2024. @robtfrank joins with results from a new @CNBC Mi….
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Smart Tax Dodger. Shohei Ohtani is deferring $680 million of his $700m Dodger contract until 2034-2043. After the contract, he can move to FLA or Japan, collect the $680m and potentially avoid $90m in CA state taxes.
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RT @CNBC: .@robtfrank joins @SquawkCNBC to discuss what could be "the biggest tax case in decades." .
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The bathrobe and shirt Jeff Bridge’s wore in the opening scene of “The Big Lebowski” set to action at Julien’s Auctions for $30,000-$50,000. Also auctioning the original sunglasses in the movie, and a bowling pin signed by Bridges “Take ‘er easy.”
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The 1989 Lamborghini Countach that starred (and crashed) in “The Wolf of Wall Street” just crashed again at auction. It was estimated at $1.5 million - $2 million @BonhamsCars but failed to attract a minimum bid.
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