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.

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Billionaire Dad To The Rescue! Larry Ellison To Bail Out Daughter Megan's Bankrupt Annapurna Pictures.

Billionaire Dad To The Rescue! Larry Ellison To Bail Out Daughter Megan's Bankrupt Annapurna Pictures.

24 Aug 2019 @ 4AM PDT

Last week, we told you about the sticky situation Megan Ellison had gotten her award-winning production house Annapurna Pictures in. Now, we're hearing that Megan's billionaire father is swopping in to save the day.

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David Koch – The 8th Richest Person On The Planet – Dead At 79

David Koch – The 8th Richest Person On The Planet – Dead At 79

23 Aug 2019 @ 10AM PDT

David Koch, controversial billionaire and younger brother to Charles Koch, has died at 79. The Koch brothers ran Koch Industries, the second largest private conglomerate with an annual revenue of $110 billion.

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How The Koch Family Became One Of The Wealthiest Families On The Planet, With A Combined Net Worth of $98.7 Billion

How The Koch Family Became One Of The Wealthiest Families On The Planet, With A Combined Net Worth of $98.7 Billion

23 Aug 2019 @ 6AM PDT

The 25 richest families in the world have a combined net worth of $1.1 trillion. The Koch family is the second-wealthiest family in the world, with a combined $98.7 billion net worth.

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The Koch Brothers Are Worth A Combined $100 Billion. How Did They Make Their Money? How Do They Spend Their Money

The Koch Brothers Are Worth A Combined $100 Billion. How Did They Make Their Money? How Do They Spend Their Money

23 Aug 2019 @ 4AM PDT

Charles and David Koch are two of the richest people in the world. Charles Koch has a net worth of $47 billion and his younger brother David has a net worth of $50 billion. They are two of the most controversial billionaires around.

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Warren Buffett Says He "Virtually Memorized" This Obscure 1936 Book As A Child

Warren Buffett Says He "Virtually Memorized" This Obscure 1936 Book As A Child

21 Aug 2019 @ 4AM PDT

The lessons found in One Thousand Ways to Make $1,000 clearly made their mark on him as he grew into the massively successful investor he is today. 

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Days Before His Suicide Jeffrey Epstein Set Up A $578 Million Trust Making It Harder For Women He Abused To Collect

Days Before His Suicide Jeffrey Epstein Set Up A $578 Million Trust Making It Harder For Women He Abused To Collect

20 Aug 2019 @ 4AM PDT

Two days before accused sex trafficker Jeffrey Epstein committed suicide he wrote a new will and placed $578 million in assets into a trust. This act could complicate the efforts of the women he sexually abused as teenagers to collect damages.

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If The House Of Saud Is Worth $1 Trillion, It Would Make Them The Richest Family In The World

If The House Of Saud Is Worth $1 Trillion, It Would Make Them The Richest Family In The World

20 Aug 2019 @ 4AM PDT

There are about 15,000 members of the Al Saud family. Their collective fortune is believed to be more than $100 billion, which would make them the fourth-richest family in the world. That said, $100 billion is a very conservative estimate of the family's net worth, which could be as high as $1 trillion.

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The Walton Family Fortune Has Grown By $4 Million Every Hour For The Past Year

The Walton Family Fortune Has Grown By $4 Million Every Hour For The Past Year

19 Aug 2019 @ 4AM PDT

Sam Walton's heirs made $70,000 per minute, $4 million per hour, $100 million per day, over the past year. In the past year alone, the Walton fortune is up $39 billion to $191 billion.

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Jeff Bezos Has Donated Almost $100 Million To Homelessness Causes, And He's Letting The Charities Decide How To Use The Money

Jeff Bezos Has Donated Almost $100 Million To Homelessness Causes, And He's Letting The Charities Decide How To Use The Money

17 Aug 2019 @ 4AM PDT

24 different organizations have received a total of almost $100 million and counting from Bezos, and he's giving the charities carte blanche on what to do with the money.

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Billionaire Roundup: Conspiracy Theory Edition

Billionaire Roundup: Conspiracy Theory Edition

17 Aug 2019 @ 4AM PDT

It's been a minute since the last billionaire update, but as the last weeks of summer tick away, we thought it was time to check back in and see what's been going on with our favorite billionaires.

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Billionaire Limited Founder Les Wexner Says The Late Jeffrey Epstein "Misappropriated Vast Sums Of Money" From Wexner's Fortune

Billionaire Limited Founder Les Wexner Says The Late Jeffrey Epstein "Misappropriated Vast Sums Of Money" From Wexner's Fortune

15 Aug 2019 @ 4AM PDT

Les Wexner, billionaire Limited founder said in a letter to his foundation that Jeffrey Epstein "misappropriated vast sums of money from me and my family."

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Megan Ellison's Oscar Winning Production Company Annapurna On Verge Of Bankruptcy – Will Dad Step In And Bail Her Out?

Megan Ellison's Oscar Winning Production Company Annapurna On Verge Of Bankruptcy – Will Dad Step In And Bail Her Out?

14 Aug 2019 @ 4AM PDT

Megan Ellison's Annapurna Pictures is an Oscar-winning production company. It's been called cutting edge. It's been called a taste maker. That's all well and good, but those things don't pay the bills and Ellison's company is on the verge of Chapter 11 bankruptcy.

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The Time Leslie Wexner Spent $16.5M on Ferrari And Then Had To Spend Another $12M Fighting For It In Court

The Time Leslie Wexner Spent $16.5M on Ferrari And Then Had To Spend Another $12M Fighting For It In Court

13 Aug 2019 @ 4AM PDT

Spending millions on a Ferrari might end up embroiling you in a protracted and expensive legal battle over ownership of the car.

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The 15 Biggest Individual Landowners On The Planet

The 15 Biggest Individual Landowners On The Planet

12 Aug 2019 @ 4AM PDT

There are 36.8 billion acres of inhabitable land on earth and 21 percent of it is owned by just a handful of people. These are the Biggest Landowners In The World…

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From Dirt Poor Korean Orphan, To Billionaire Co-Owner Of The Buffalo Bills: The Inspirational Story Of Kim Pegula

From Dirt Poor Korean Orphan, To Billionaire Co-Owner Of The Buffalo Bills: The Inspirational Story Of Kim Pegula

11 Aug 2019 @ 10AM PDT

Kim Pegula was wearing rags when she was left on a street corner in Seoul as a child. Today, she and her husband Terry Pegula co-own the Buffalo Bills and have a net worth of $4.6 billion….

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Currently Trending
Mark Zuckerberg, Larry Ellison, And Other Billionaires Are Buying Up Lake Tahoe Real Estate

Mark Zuckerberg, Larry Ellison, And Other Billionaires Are Buying Up Lake Tahoe Real Estate

19 Jul 2019 @ 11AM UTC
The most popular spot along the shores of Lake Tahoe for billionaires is in a place called Incline Village, Nevada, informally known as "Billionaires Row" or "Income Village."
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"Undercover Billionaire" Glenn Stearns Is A True Self Made Rags To Riches Story

"Undercover Billionaire" Glenn Stearns Is A True Self Made Rags To Riches Story

14 Jul 2019 @ 11AM UTC
Glenn Stearns is the subject of Discovery's "Undercover Billionaire," the show where the billionaire is tasked to make a new million dollar business from scratch in 90 days. Stearns is 100% confident he will succeed. After all, he has already built a billion dollar fortune from nothing.
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Oil Billionaire Eugene Shvidler Angers Many By Parking His Huge Yacht In Front Of The Statue Of Liberty

Oil Billionaire Eugene Shvidler Angers Many By Parking His Huge Yacht In Front Of The Statue Of Liberty

25 Jun 2017 @ 11AM UTC
Eugene Shvidler, born in Russia but a US citizen since 1994, parked his massive 370-foot mega yacht right in front of Lady Liberty for two weeks in April, followed by much of June.
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Overstock.com CEO Is Doing Some Crazy Things With Gold To Prepare His Company And Employees For The Apocalypse

Overstock.com CEO Is Doing Some Crazy Things With Gold To Prepare His Company And Employees For The Apocalypse

20 Jan 2016 @ 12PM UTC
Some companies encourage you to plan for retirement by offering a 401k. Great companies will match your funds. One company, however, is taking planning for the future quite seriously – apocalyptically seriously.
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Jeffrey Epstein Reportedly Used Friendship With Victoria's Secret Owner Les Wexner To Gain Access To Women

Jeffrey Epstein Reportedly Used Friendship With Victoria's Secret Owner Les Wexner To Gain Access To Women

01 Aug 2019 @ 11AM UTC
Les Wexner, the billionaire founder of The Limited and head of L Brands, which owns Victoria's Secret, was close friends with Jeffrey Epstein for decades. In light of the charges against Epstein, Wexner is understandably distancing himself from his former friend.
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The Four Richest Nigerian Billionaires Are Worth More Than $24 Billion

The Four Richest Nigerian Billionaires Are Worth More Than $24 Billion

20 Mar 2019 @ 11AM UTC
The four richest people in Nigeria have made their fortunes in oil, telecommunications, and sugar refining. Their collective net worth of $24.65 billion is pretty much what it would take to pull every Nigerian out of extreme poverty.
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Larry Ellison Reveals His $1 Billion Stake In Tesla

Larry Ellison Reveals His $1 Billion Stake In Tesla

14 Jan 2019 @ 12PM UTC
That's some three million Tesla shares, enough to make Larry Ellison the second biggest Tesla investor behind Elon Musk himself.
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The Extravagant Ways Billionaire Oligarch Roman Abramovich Spends His Money

The Extravagant Ways Billionaire Oligarch Roman Abramovich Spends His Money

14 Nov 2018 @ 12PM UTC
Extravagance is the key when it comes to Russian billionaire Roman Abramovich's spending habits – from homes to cars to yachts to airplanes and more!
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WhatsApp Co-Founder Jan Koum Built An $80 Million Compound In Atherton, CA

WhatsApp Co-Founder Jan Koum Built An $80 Million Compound In Atherton, CA

31 Jul 2019 @ 11AM UTC
Altogether, the compound is composed of six buildings – one of which is a detached two-story garage built to house Koum's famous car collection.
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Diane von Furstenberg And Barry Diller Were Wealthy Individually. Together, They Are One Of The Wealthiest American Couples.

Diane von Furstenberg And Barry Diller Were Wealthy Individually. Together, They Are One Of The Wealthiest American Couples.

19 Jun 2019 @ 11AM UTC
Diane von Furstenberg is a legendary fashion designer with a net worth of $1.2 billion. Barry Diller is a legendary media executive with a net worth of $2.3 billion. Together, they are one of the wealthiest couples in the U.S.
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