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
The Billionaire Sackler Family Allegedly Explored How To Profit From People Addicted To OxyContin

The Billionaire Sackler Family Allegedly Explored How To Profit From People Addicted To OxyContin

20 Feb 2019 @ 4AM PST

The Sackler family is the billionaire clan that owns Purdue Pharma, maker of the highly-addictive opioid painkiller OxyContin. They are accused of aggressively pushing the drug to doctors to increase their profit while also misrepresenting the addictive nature of the drug.

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Cybersecurity Brothers Join Billionaire Club

Cybersecurity Brothers Join Billionaire Club

20 Feb 2019 @ 4AM PST

It seems not a day goes by without a data breach or malware attack and that has been good for Ken and Michael Xie, the brothers who founded the cybersecurity firm Fortinet Inc., nearly 20 years ago. Now, their stakes in the company have made them billionaires.

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Billionaire Steve Cohen Slashes The Price Of His NYC Apartment Again, This Time To $45 Million

Billionaire Steve Cohen Slashes The Price Of His NYC Apartment Again, This Time To $45 Million

19 Feb 2019 @ 4AM PST

Cohen first dropped the price of the duplex to $98 million by the end of 2013, going on to cut the price at least five more times.

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Mark Zuckerberg Says His Hungarian Sheepdog Beast Was His "Secret Weapon" In $19 Billion WhatsApp Acquisition

Mark Zuckerberg Says His Hungarian Sheepdog Beast Was His "Secret Weapon" In $19 Billion WhatsApp Acquisition

17 Feb 2019 @ 4AM PST

Beast is a social media darling, and if you've seen photos of the dog, it isn't hard to imagine that he might convince someone to join up with Facebook.

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How George Lucas Earned His Incredible $5.4 Billion Net Worth

How George Lucas Earned His Incredible $5.4 Billion Net Worth

17 Feb 2019 @ 4AM PST

George Lucas is the man behind Star Wars, so of course he's a very wealthy man. Did you realize just how wealthy he is? It takes a certain amount of savvy deal making to amass a net worth of $5.4 billion, when you consider that Lucas has only directed seven feature films.

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David Rockefeller Estate Makes Record $200 Million Donation To New York's MoMA

David Rockefeller Estate Makes Record $200 Million Donation To New York's MoMA

14 Feb 2019 @ 4AM PST

Part of the $200 million donation was financed by the Christie's auction of Rockefeller's famous art collection, which took place toward the end of last last year.

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One Billionaire Brother's Loss Is The Other Billionaire Brother's Gain

One Billionaire Brother's Loss Is The Other Billionaire Brother's Gain

14 Feb 2019 @ 4AM PST

Mukesh and Anil Ambani are billionaire brothers. Just two years apart, they grew up being groomed to take over the company their father built, Reliance Industries. But Mukash is driving Anil's telecom business into bankruptcy.

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Warren Buffett And His Best Friend/Business Partner Charlie Munger Haven't Ever Had A Fight

Warren Buffett And His Best Friend/Business Partner Charlie Munger Haven't Ever Had A Fight

13 Feb 2019 @ 4AM PST

Warren Buffett and Charlie Munger have been friends since 1959. They've worked together since 1978. Buffett and Munger have never had even one argument in their more than 40 years working together and 60 years of friendship.

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Richard Branson Says He Intends To Go To Space By July

Richard Branson Says He Intends To Go To Space By July

13 Feb 2019 @ 4AM PST

Naturally, it's on one of Virgin Galactic's own rockets that Branson plans to take this trip: SpaceShipTwo, a rocket ship that as its name suggests requires two pilots to operate.

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Mark Zuckerberg's Parents Offered Him A McDonald's Franchise Instead Of Going To Harvard

Mark Zuckerberg's Parents Offered Him A McDonald's Franchise Instead Of Going To Harvard

12 Feb 2019 @ 4AM PST

Can you imagine a world without Facebook? Zuckerberg's sister Randi revealed that their father offered them the option of going to college or being given the money to invest in a franchise and run it.

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How Steven Spielberg Earned His Incredible $3.7 Billion Net Worth

How Steven Spielberg Earned His Incredible $3.7 Billion Net Worth

11 Feb 2019 @ 4AM PST

Steven Spielberg is the man behind Jaws, ET, Indiana Jones, and Jurassic Park, so of course, he's a very wealthy man. Do you realize just how wealthy he is? It takes a certain amount of savvy deal making to amass a net worth of $3.7 billion, even with a career that spans five decades.

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Saudi Anti-Corruption Campaign Recovered More than $100 Billion

Saudi Anti-Corruption Campaign Recovered More than $100 Billion

10 Feb 2019 @ 4AM PST

Crown Prince Mohammed Bin Salman led an anti-corruption campaign that began in November 2017 and saw many high-ranking government officials, royal family members, and prominent businessmen arrested. Was it a shakedown all along?

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Billionaire Investor Jeremy Grantham Pledges $1 Billion To Fight Climate Change

Billionaire Investor Jeremy Grantham Pledges $1 Billion To Fight Climate Change

09 Feb 2019 @ 4AM PST

The pledge comes as Grantham and his wife Hanne are already donating roughly $30 million a year to eight large nonprofit organizations involved in environmental activism.

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The 12 Most Philanthropic Tech Billionaires

The 12 Most Philanthropic Tech Billionaires

09 Feb 2019 @ 4AM PST

Philanthropy is a big part of the lives of some of the world's richest people and thank goodness that's the case! In fact, of the top 50 philanthropists of 2017, according to the Chronicle of Philanthropy, 60% of them came from the tech industry.

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Hush Hush: The New Online Store That Wants To Be "Amazon For Billionaires"

Hush Hush: The New Online Store That Wants To Be "Amazon For Billionaires"

08 Feb 2019 @ 4AM PST

Hush Hush wants to be "Amazon for billionaires," and to that end, it offers items for sale like a $51 million yacht,and a cornucopia of other six-, seven-, and eight-figure items.

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Currently Trending
Fortnite CEO Tim Sweeney's Net Worth Has Risen From $100 Million To $1 Billion To $8 Billion In Under A Year

Fortnite CEO Tim Sweeney's Net Worth Has Risen From $100 Million To $1 Billion To $8 Billion In Under A Year

22 Jan 2019 @ 12PM UTC
Back in July, the company that makes Fortnite had a valuation in the $5 billion to $8 billion range. Today, Epic Games has been given a valuation of $15 billion. As the controlling shareholder, this gives Tim Sweeney a new net worth of $8 billion.
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David Steward Is The Second Richest Black Man In America... Here's How He Earned His $4 Billion Fortune

David Steward Is The Second Richest Black Man In America... Here's How He Earned His $4 Billion Fortune

18 Jan 2019 @ 12PM UTC
David Steward has flown under our radar – until now. It has come to our attention that this African American entrepreneur is the second-richest black man in the U.S., with an incredible net worth of $4 billion. Who is David Steward and how did he make his billions?
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Who Is The Richest Family In The World?

Who Is The Richest Family In The World?

29 Jan 2019 @ 12PM UTC
There are a few ways we can quantify and determine which families are the richest in the world. There are three families that could be considered the richest family in the world. So, who is the richest of them all?
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OxyContin Billionaire Dr. Richard Sackler Patents New Drug For Opioid Addiction

OxyContin Billionaire Dr. Richard Sackler Patents New Drug For Opioid Addiction

20 Sep 2018 @ 11AM UTC
The patent itself contains an acknowledgement of the US opioid epidemic, but does not mention anything about Sackler or Purdue's own connection to it.
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How The Wertheimer Family Became One Of The Wealthiest Families On The Planet, With A Combined Net Worth of $45.6 Billion

How The Wertheimer Family Became One Of The Wealthiest Families On The Planet, With A Combined Net Worth of $45.6 Billion

04 Oct 2018 @ 11AM UTC
The 25 richest families in the world have a combined net worth of $1.1 trillion. The Wertheimer family is the 6th-wealthiest family in the world with a combined $45.6 billion net worth.
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Las Vegas Casino Owner With Ties To President Trump Expands Gaming Empire To Miami

Las Vegas Casino Owner With Ties To President Trump Expands Gaming Empire To Miami

15 Dec 2018 @ 12PM UTC
Phil Ruffin, a long-time Las Vegas casino owner, is expanding to Miami. It was announced this week that he purchased Casino Miami, which is located on the northwest corner of Miami International Airport. He told the Miami Herald that he plans to bring Las Vegas to Florida.
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How Oprah Winfrey Earned Her $3.2 Billion Net Worth

How Oprah Winfrey Earned Her $3.2 Billion Net Worth

25 Jan 2019 @ 12PM UTC
Oprah Winfrey is everywhere. She is the Queen of all Media. She is a talk show host, actress, producer, pitchwoman, and philanthropist. Pretty much everything she touches turns to gold. No one works harder than Oprah.
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World's Richest Man Jeff Bezos Devotes Less than 1% Of $136 Billion Fortune To Philanthropy  

World's Richest Man Jeff Bezos Devotes Less than 1% Of $136 Billion Fortune To Philanthropy  

04 Feb 2019 @ 12PM UTC
The world's richest man, Jeff Bezos, gives hardly any money at all to charity. Why? What gives? What could possibly be his reasoning for hoarding $136 billion?
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How Michael Jordan Earned His $1.7 Billion Net Worth

How Michael Jordan Earned His $1.7 Billion Net Worth

22 Jan 2019 @ 12PM UTC
Over his NBA career, Michael Jordan earned $93 million. Today, he brings home more than $100 million a year from his endorsement deal with Nike, alone. We'd all like to be like Mike and have a net worth of $1.7 billion.
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Billionaire Ken Griffin Purchases The Most Expensive Home In US At $238 Million

Billionaire Ken Griffin Purchases The Most Expensive Home In US At $238 Million

02 Feb 2019 @ 12PM UTC
Technically, Griffin bought the 220 Central Park South penthouse back in 2015, but it's taken this long for the deal to be finalized and for him to take possession of the house.
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