Billionaire News

If a billionaire is in the news for any reason, you will read about it right here in our "Billionaire News" section. Whether that billionaire is going through an expensive divorce, buying a $100 million private island, or making a massive donation to charity, we got you covered.

What's New
Moderna Billionaire/Harvard Professor Tim Springer Makes $210 Million Donation To His Own Nonprofit Research Organization

Moderna Billionaire/Harvard Professor Tim Springer Makes $210 Million Donation To His Own Nonprofit Research Organization

Jun 7, 2023

Though the gift is only now being reported, Springer actually made it back towards the end of 2020, with an aim towards bringing IPI up to scale, hiring more personnel, upgrading equipment, and more.

Credit Suisse Ordered To Pay Billionaire/Former Georgian Prime Minister Bidzina Ivanishvili $926 Million

Credit Suisse Ordered To Pay Billionaire/Former Georgian Prime Minister Bidzina Ivanishvili $926 Million

Jun 7, 2023

The bank has been ordered by a court in Singapore to pay $926 million to billionaire Bidzina Ivanishvili, who served as the prime minister of Georgia between 2012 and 2013.

Billionaire Rob Hale Gave Each Of The 2,500 Graduating Seniors At UMass Boston $1,000 In Cash During His Commencement Speech

Billionaire Rob Hale Gave Each Of The 2,500 Graduating Seniors At UMass Boston $1,000 In Cash During His Commencement Speech

Jun 6, 2023

Hale knows something about the joy of giving. Last year, he and wife Karen were reportedly giving $1 million a week to various small charities. 

After A Six Month Drought, Elon Musk Topples Bernard Arnault To Become The Richest Person In The World Again… Let That Sink In

After A Six Month Drought, Elon Musk Topples Bernard Arnault To Become The Richest Person In The World Again… Let That Sink In

Jun 1, 2023

After losing the crown in late December, Elon Musk is once again the richest person in the world.

Billionaires Charles Johnson And Charles Schwab Are Feuding Over A Nantucket Clam Shack

Billionaires Charles Johnson And Charles Schwab Are Feuding Over A Nantucket Clam Shack

Jun 1, 2023

They both own property on the island of Nantucket, and now they are both reportedly on opposite sides of a dispute involving a Straight Wharf Fish Market location on the island.

As NVIDIA Reaches $1 Trillion Market Cap, Founder/CEO Jensen Huang's Wealth Reaches Incredible New Heights

As NVIDIA Reaches $1 Trillion Market Cap, Founder/CEO Jensen Huang's Wealth Reaches Incredible New Heights

May 31, 2023

As tech CEOs go, Huang is a little on the older side. At 60, he's leading a tech company at an age when titans like Bill Gates and Jeff Bezos had already stepped down from the day-to-day business of their respective companies years earlier.

Peter Thiel Says He Is Interested In Cryogenically Freezing Himself For Future Revival

Peter Thiel Says He Is Interested In Cryogenically Freezing Himself For Future Revival

May 30, 2023

Thiel was reported in 2016 to be among those investing in a cryogenics company called Alcor Life Extension Foundation, and he recently spoke a bit more on his interest in the field.

Disgraced Fashion Mogul Peter Nygard Ordered To Pay $203 Million In Damages For Defamation To Neighbor Louis Bacon, Who Happens To Be A Billionaire

Disgraced Fashion Mogul Peter Nygard Ordered To Pay $203 Million In Damages For Defamation To Neighbor Louis Bacon, Who Happens To Be A Billionaire

May 26, 2023

Peter Nygard and Louis Bacon at one time shared a driveway in the Bahamas, a driveway that Insider reports set off a decade-long feud between the two.

"Love Child" Daughter Of Late Billionaire Bruce Wasserstein Files $100 Million Suit Against His Five Other Children

"Love Child" Daughter Of Late Billionaire Bruce Wasserstein Files $100 Million Suit Against His Five Other Children

May 23, 2023

Bruce Wasserstein died in 2009, leaving behind six children (not counting another born to McCarthy years after his death via frozen embryo) and several lavish real estate holdings.

Now That The Washington Commanders Have Sold For $6 Billion, Here Are The 10 Most Expensive Sports Team Sales In History

Now That The Washington Commanders Have Sold For $6 Billion, Here Are The 10 Most Expensive Sports Team Sales In History

May 17, 2023

Dan Snyder, owner of the Washington Commanders in the NFL, is reportedly in the process of selling the team for a price of $6 billion. It even has a buyer lined up in an investment group led by billionaire Josh Harris.

A 30-Year-Old You've Never Heard Of And Wouldn't Recognize Is One Of the 40 Richest People In The World

A 30-Year-Old You've Never Heard Of And Wouldn't Recognize Is One Of the 40 Richest People In The World

May 17, 2023

Red Bull has given 30-year-old Mark Mateschitz, son of the late energy drink brand co-founder Dietrich Mateschitz, a lot more than just wings.

Remember When Anna Nicole Smith Married A 90-Year-Old Billionaire? She Fought All The Way To The Supreme Court Over An 8% Stake In Koch Industries

Remember When Anna Nicole Smith Married A 90-Year-Old Billionaire? She Fought All The Way To The Supreme Court Over An 8% Stake In Koch Industries

May 16, 2023

With just a slightly different roll of the dice, there's a very real scenario where Anna Nicole Smith could have owned around 8% of Koch Industries. That would have made her a multi-billionaire today.

$150 Million Jewelry Collection Owned By Widow Of Nazi Party Member And Reportedly Linked To Nazi Crimes Set To Hit Auction Block

$150 Million Jewelry Collection Owned By Widow Of Nazi Party Member And Reportedly Linked To Nazi Crimes Set To Hit Auction Block

May 11, 2023

By the time of his death in 1987, the fortune that started allegedly thanks to Nazi crimes against humanity had grown in value to a reported $1 billion, and allowed for the purchase of the jewels now being prepared for sale.

Billionaire Stephen Deckoff Buys Jeffrey Epstein's Notorious Private Islands For $60 Million

Billionaire Stephen Deckoff Buys Jeffrey Epstein's Notorious Private Islands For $60 Million

May 9, 2023

Deckoff paid $60 million for both the islands, less than half that of what they were initially listed for, and according to a press release announcing the acquisition, he plans to rehabilitate them for tourism purposes.

Phil Knight Donates $400 Million To Help Rebuild A Historically Black Neighborhood In Portland

Phil Knight Donates $400 Million To Help Rebuild A Historically Black Neighborhood In Portland

May 2, 2023

Rebuild Albina will focus on a wide variety of areas within the neighborhood, including education and housing as well as art projects, and will also seek to serve former residents who no longer live there but still work or go to school in the area.