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
They Co-Own A $60 Billion Hedge Fund. They Hate Each Other. One Is Getting Divorced (With No Prenup). And It's A Huge Mess.

They Co-Own A $60 Billion Hedge Fund. They Hate Each Other. One Is Getting Divorced (With No Prenup). And It's A Huge Mess.

Aug 11, 2023

They run the third-largest hedge fund in the world with $60 billion in assets. They despise each other and can't make even simple business decisions anymore. And now one of them is going through a divorce with no prenup.

In The 1990s, The Third-Richest Person On The Planet (Behind Gates And Buffett) Was… A Swiss Orchestra Conductor???

In The 1990s, The Third-Richest Person On The Planet (Behind Gates And Buffett) Was… A Swiss Orchestra Conductor???

Aug 1, 2023

For much of the 1990s, the third-richest person in the world – behind only Bill Gates and Warren Buffett – was a random Swiss orchestra conductor named Paul Sacher.

CEO Of Obscure Plastic Foam Company Becomes Billionaire After Branching Out Into Rechargeable Batteries

CEO Of Obscure Plastic Foam Company Becomes Billionaire After Branching Out Into Rechargeable Batteries

Jul 20, 2023

The company hit a market cap of almost $5 billion, and as Ryu is reportedly its largest stockholder with a stake of around 40 percent, his net worth hit the billion-dollar mark along with it.

French Billionaire Francois-Henri Pinault Considering $7 Billion Acquisition Of Creative Artists Agency

French Billionaire Francois-Henri Pinault Considering $7 Billion Acquisition Of Creative Artists Agency

Jul 19, 2023

Multiple sources close to the situation say Pinault is "in talks" to purchase the large stake in CAA, which could get a valuation of at least $7 billion, according to those same sources.

Russian Billionaire Roman Abramovich Challenges EU Sanctions In Court

Russian Billionaire Roman Abramovich Challenges EU Sanctions In Court

Jul 19, 2023

Abramovich's efforts to get the sanctions lifted are an uphill battle. Even if he wins this specific case, EU laws give the Council of the EU latitude to impose new ones on different grounds.

Elon Musk Is A Quarter-Trillionaire Once Again

Elon Musk Is A Quarter-Trillionaire Once Again

Jul 18, 2023

Elon Musk's net worth is back in the quarter-trillion territory after an absolutely insane year of wealth fluctuation.

The Co-Founder Of An AI Company Sold His 15% Stake For $100. Three Months Later The Company Was Worth $1 Billion. Now He's Suing.

The Co-Founder Of An AI Company Sold His 15% Stake For $100. Three Months Later The Company Was Worth $1 Billion. Now He's Suing.

Jul 17, 2023

A co-founder of generative image startup Stability AI claims he was told the company was "essentially worthless" when he sold his stake to the CEO for $100. Three months later the company was worth $1 billion.

How Did 1980s Actress Jami Gertz Become The Richest Actor In The World? With An $8 Billion Fortune!!??

How Did 1980s Actress Jami Gertz Become The Richest Actor In The World? With An $8 Billion Fortune!!??

Jul 10, 2023

Jami Gertz's husband is billionaire Antony Ressler. But don't assume Gertz married the rich guy… it was actually Ressler who married the rich girl, back in 1986. The story of Jami Gertz, Tony Ressler, and their billions is a love story. 

Silvio Berlusconi Left His Girlfriend Over $100 Million In His Will, And Another $32 Million To Mafia-Linked Associate

Silvio Berlusconi Left His Girlfriend Over $100 Million In His Will, And Another $32 Million To Mafia-Linked Associate

Jul 10, 2023

Berlusconi's 33-year-old girlfriend and Italian politician Marta Fascina, who the tycoon reportedly referred to as his "wife" on his deathbed despite their lack of an official marriage, inherits about $109 million US, the same figure as his younger brother Paolo.

How Rich Would Steve Jobs Be Today As Apple's Market Cap Tops $3 Trillion?

How Rich Would Steve Jobs Be Today As Apple's Market Cap Tops $3 Trillion?

Jun 30, 2023

On Monday January 3, 2022, Apple became the first publicly traded company to cross a $3 trillion market cap. At that level, how rich would Steve Jobs be today if he was still alive?

Former Google CEO Eric Schmidt Just Paid $67 Million For Superyacht Abandoned By Sanctioned Russian Billionaire Andrey Guryev

Former Google CEO Eric Schmidt Just Paid $67 Million For Superyacht Abandoned By Sanctioned Russian Billionaire Andrey Guryev

Jun 27, 2023

The Antiguan government was reportedly an eager seller, owing to the craft's estimated maintenance and upkeep expenses of $112,000 per month.

The Man Overseeing The Russian Coup Parlayed A Hot Dog Stand Into Billion-Dollar Catering Fortune And Mercenary Empire

The Man Overseeing The Russian Coup Parlayed A Hot Dog Stand Into Billion-Dollar Catering Fortune And Mercenary Empire

Jun 24, 2023

The coup that is apparently underway in Russia right now is being overseen by Yevgeny Prigozhin. Before he became a ruthless mercenary coup-attempter, Yevgeny Prigozhin earned a billion-dollar fortune thanks to his status as Vladimir Putin's favorite chef.

It's Official! Michael Jordan Is Selling The Hornets And Is The Financial GOAT of GOATS (Thanks To A Higher Valuation Than Anyone Predicted)

It's Official! Michael Jordan Is Selling The Hornets And Is The Financial GOAT of GOATS (Thanks To A Higher Valuation Than Anyone Predicted)

Jun 16, 2023

Three months ago, almost to the day, rumors began to circulate that Michael Jordan was looking to sell his stake in the NBA's Charlotte Hornets. Those rumors are about to be fact. And at a much higher price than we predicted!

If Michael Jordan Sells The Charlotte Hornets, He'll Be The Undisputed Financial GOAT Of GOATS

If Michael Jordan Sells The Charlotte Hornets, He'll Be The Undisputed Financial GOAT Of GOATS

Jun 16, 2023

Michael Jordan is reportedly looking to sell his majority stake in the Charlotte Hornets. A team he bought in 2010 for $175 million. If this sale happens, MJ will be the absolute undisputed financial GOAT.

A Few Years Ago Elizabeth Holmes Was A Multi-Billionaire. Today She Can't Afford $250-A-Month Theranos Restitution Payment

A Few Years Ago Elizabeth Holmes Was A Multi-Billionaire. Today She Can't Afford $250-A-Month Theranos Restitution Payment

Jun 16, 2023

Holmes says her company's collapse has completely wiped her out, and with no financial assets left and no hope of repairing her image in the business world, $250 a month will be too much for her.

Currently Trending
Chinese Billionaire Put On Budget, Banned From Spending Due To Unpaid Debts

Chinese Billionaire Put On Budget, Banned From Spending Due To Unpaid Debts

Oct 2, 2020
Chen Feng is a Chinese billionaire with all the trappings of a luxurious lifestyle. Private jets (or at least first-class tickets), epic vacations, and bare-no-expense weekends on the golf course are regular occurrences in his life. Until now.
Meet The 6 Richest Women In India

Meet The 6 Richest Women In India

Oct 2, 2020
There are 106 billionaires in India – a country with a population of 1.4 billion people. Of those 106 Indian billionaires, six of them are women. It's time to get to know these movers and shakers.
The Richest People In Austin, Texas

The Richest People In Austin, Texas

Oct 1, 2020
Austin, Texas is the capital of the Lone Star State. It is also home to eight billionaires. Let's get to know them.
There Are 13 American Billionaires Under 40

There Are 13 American Billionaires Under 40

Oct 1, 2020
It's a fact of life that most billionaires – and most of the list of the 400 richest Americans – are in their 60s or older. That's not the case for the 13 wunderkinds on this list: none of them have reached their 40th birthday, yet and all of them have multi-billion fortunes.
Billionaire Ronald Perelman Is Selling Off His Assets, Claims He Wants To Live A Simpler Life

Billionaire Ronald Perelman Is Selling Off His Assets, Claims He Wants To Live A Simpler Life

Sep 29, 2020
Billionaire Ron Perelman is selling off his assets, toys, art, and other trappings of his billionaire lifestyle. Is he cash strapped or is he truly trying to live a simpler life?
Michael Bloomberg Raises More Than $16 Million Towards Paying Off Fines For Florida Voters

Michael Bloomberg Raises More Than $16 Million Towards Paying Off Fines For Florida Voters

Sep 30, 2020
Bloomberg's fundraising efforts came to $16.1 million, which along with $5 million donated by the Florida Rights Restoration Coalition, has paid off the fines of around.32,000 eligible voters in Florida.
The Richest People In Los Angeles

The Richest People In Los Angeles

Sep 19, 2020
The County of Los Angeles is 4,753 square miles, with more than 10 million people. Of those 10 million people, 49 residents of the County of Los Angeles are billionaires.
Duty Free Co-Founder And Ex-Billionaire Chuck Feeney Says He's Officially Succeeded In Getting Rid Of All His Money

Duty Free Co-Founder And Ex-Billionaire Chuck Feeney Says He's Officially Succeeded In Getting Rid Of All His Money

Sep 22, 2020
While Feeney's unusual generosity of financial giving has been known for years now, the shuttering of his Atlantic Philanthropies in 2020 was always part of the plan.
How Billionaire Russian Oligarch Roman Abramovich Spends his Billions

How Billionaire Russian Oligarch Roman Abramovich Spends his Billions

Sep 17, 2020
Russian billionaire Roman Abramovich has an incredible collection of cars, planes, yachts, art, and homes. Oh, and he also owns the English Premier League's Chelsea FC and can often be seen in the stands rooting on his team. It must be good to be a billionaire!
How Much Money Has Bill Gates Donated So Far?

How Much Money Has Bill Gates Donated So Far?

Sep 16, 2020
Bill Gates has vowed to give away most of his vast fortune before he dies. That's not as easy as it sounds, when you're worth in excess of $100 billion, since the money tends to grow faster than he can give it away.