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
Which Billionaires Are Funding The Democratic Candidates' Campaigns?

Which Billionaires Are Funding The Democratic Candidates' Campaigns?

25 Feb 2020 @ 4AM PST

It costs a lot to run a campaign for president of the United States. Millions. Career politicians are often wealthy people but they cannot bankrupt themselves in their quest for the highest office in the land. So they turn to donors. Many of those donors are billionaires.

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The 20 Richest People In The World, 2020

The 20 Richest People In The World, 2020

25 Feb 2020 @ 4AM PST

The 20 richest people in the world have fortunes that range from $44 billion to $126 billion. No matter how you look at it, these 20 people have staggeringly high net worths.

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How Rich Were The Richest People In World 10 Years Ago?

How Rich Were The Richest People In World 10 Years Ago?

24 Feb 2020 @ 4AM PST

The net worths of the wealthiest people in the world have been growing at crazy rates. Let's take a look at what the richest people in the world were worth 10 years ago and how much they've increased their wealth since then.

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John Kluge Was The Richest Person In America In 1990 – Who Is He, And How Big Is His Fortune Today?

John Kluge Was The Richest Person In America In 1990 – Who Is He, And How Big Is His Fortune Today?

22 Feb 2020 @ 4AM PST

The richest person in the world in 1990, John Werner Kluge, was worth a "mere" $5.9 billion. That's good enough to be 118th on the most current list of the richest Americans.

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Of The 607 American Billionaires, Only Five Are Black

Of The 607 American Billionaires, Only Five Are Black

22 Feb 2020 @ 4AM PST

Obviously, it isn't easy for just anyone to become a billionaire. However, the unfortunate fact is that it is even harder if you're black. Of the 607 billionaires in the United States, only five are African American.

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What Did It Take To Be One Of The 400 Richest Americans In 1990?

What Did It Take To Be One Of The 400 Richest Americans In 1990?

21 Feb 2020 @ 4AM PST

1990 was 30 years ago. To make the list of the richest people in the U.S., one "only" had to be worth $260 million. Today, to be the poorest person on that list, you'd need a net worth of around $2 billion.

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Billionaire Hedge Fund Manager's Super Yacht Damages Pristine Reef In Belize

Billionaire Hedge Fund Manager's Super Yacht Damages Pristine Reef In Belize

20 Feb 2020 @ 4AM PST

Billionaire Dan Loeb's 200-foot yacht was anchored off Belize recently when it damaged a part of the pristine Belize Barrier Reef.

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Mike Bloomberg Net Worth 2020: What Happens To His Company If He's Elected President?

Mike Bloomberg Net Worth 2020: What Happens To His Company If He's Elected President?

19 Feb 2020 @ 11AM PST

Should Democratic presidential hopeful Mike Bloomberg find himself in the White House, he might find it a bit difficult to find a buyer for his company Bloomberg LP.

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Where Are The Other Three Facebook Founders Today?

Where Are The Other Three Facebook Founders Today?

19 Feb 2020 @ 4AM PST

Facebook has come a long way since Mark Zuckerberg, Chris Hughes, Eduardo Saverin, and Dustin Moskovitz were college students at Harvard working on a project called The Facebook. We know what Mark has been up to, but what about Hughes, Saverin, and Moskovitz?

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Mark Cuban Failed Several Times Times Before Hitting It Big

Mark Cuban Failed Several Times Times Before Hitting It Big

18 Feb 2020 @ 4AM PST

It just takes one good idea to make it big, but sometimes that good idea takes longer to come along. Just ask Mark Cuban. Sure, today we all know him as a billionaire entrepreneur, but a bit over three decades ago, he was over 30 and coming off a string of failures in business.

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Meet The Family Who Made Their Billions Off The Blood Of Poor People

Meet The Family Who Made Their Billions Off The Blood Of Poor People

18 Feb 2020 @ 4AM PST

If you're short on cash, you can do something called "plassing," that is, giving the plasma in your blood to a blood donation center. Chances are, that center will be owned by the family who is making hundreds of millions each year off the plasma of poor people.

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Jeff Bezos Pledges $10 Billion Towards Fighting Climate Change

Jeff Bezos Pledges $10 Billion Towards Fighting Climate Change

17 Feb 2020 @ 6PM PST

Bezos says his $10 billion donation will establish the Bezos Earth Fund, which he hopes will serve as a foundation for "collective action" on the part of everyone with an interest in creating a cleaner, safer, and more sustainable world.

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Portugal Freezes Bank Accounts Of Isabel dos Santos In Ongoing Corruption Investigation

Portugal Freezes Bank Accounts Of Isabel dos Santos In Ongoing Corruption Investigation

17 Feb 2020 @ 4AM PST

The troubles just keep adding up for Isabel dos Santos. Her assets in Angola were frozen. She was charged with money laundering and embezzlement. Now, Portugal has also frozen her many personal and corporate bank accounts.

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Bill And Melinda Gates Say They're Unhappy With The Results Of Their Billions In Education Spending

Bill And Melinda Gates Say They're Unhappy With The Results Of Their Billions In Education Spending

16 Feb 2020 @ 4AM PST

The Bill & Melinda Gates Foundation's 2020 Annual Letter, entitled "Why We Swing for the Fences," is focused on the progress they feel they've made over the last 20 years.

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Meet Miky Lee: The Billionaire Behind Parasite And A $4 Billion South Korean Entertainment Empire

Meet Miky Lee: The Billionaire Behind Parasite And A $4 Billion South Korean Entertainment Empire

16 Feb 2020 @ 4AM PST

Did you happen to catch the end of the Oscars when the diminutive Korean lady got on stage and started talking about how much she loves Parasite director Bong Joon Ho's hair? That was Miky Lee, who is responsible for everything from K-pop sensation BTS to the Oscar-winning film Parasite.

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Currently Trending
Billionaire Dan Och Buys $95 Million Central Park South Apartment

Billionaire Dan Och Buys $95 Million Central Park South Apartment

27 Dec 2019 @ 12PM UTC
Och has reportedly relocated to South Florida, but apparently isn't ready to say goodbye to New York altogether, and will use the spacious apartments whenever he's in town.
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Jeff Bezos Recently Sold $3.5 Billion Worth Of Amazon Stock

Jeff Bezos Recently Sold $3.5 Billion Worth Of Amazon Stock

11 Feb 2020 @ 12PM UTC
Put in precise terms, the 2020 sale began when Bezos got rid of 905,456 shares in the company he founded, which together were valued at about $1.84 billion.
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L.A.'s Highest Property Taxes: Detroit Pistons Owner Tom Gores' $100 Million Holmby Hills Mansion

L.A.'s Highest Property Taxes: Detroit Pistons Owner Tom Gores' $100 Million Holmby Hills Mansion

28 Jan 2020 @ 12PM UTC
Today, we're talking about the $100 million Holmby Hills mansion of Detroit Pistons owner Tom Gores. Gores bought his 10 bedroom, 20 bathroos, 30,000 square foot mansion on 3.2 acres in 2016 for $100 million. His property tax bill is $1.22 million annually.
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Billionaire Yusaku Maezawa Is Offering $91 Million To Ten Winners Of His Entrepreneur Contest

Billionaire Yusaku Maezawa Is Offering $91 Million To Ten Winners Of His Entrepreneur Contest

15 Feb 2020 @ 12PM UTC
Eccentric billionaire Yusaku Maezawa recently took to Twitter to announce an "entrepreneur competition," with some $91 million in prize money going to ten lucky winners.
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Elon Musk Has Made $16 Million PER HOUR Since January 1, 2020

Elon Musk Has Made $16 Million PER HOUR Since January 1, 2020

09 Feb 2020 @ 12PM UTC
Elon Musk is getting richer faster than any other billionaire, or any person, for that matter. He has made $400 million PER DAY or $16 million PER HOUR since January 1. He's made $13.5 billion since the first of the year.
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How Many Trillionaires Are In The World?

How Many Trillionaires Are In The World?

06 Dec 2019 @ 12PM UTC
We hear about millionaires and billionaires all the time in the news and in other contexts, but have you ever noticed you never hear about what the trillionaires are up to?
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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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Fred Koch Is The Oldest Of The Four Koch Brothers – He Spent His Life Avoiding Family Business And Politics Is Dead At 86

Fred Koch Is The Oldest Of The Four Koch Brothers – He Spent His Life Avoiding Family Business And Politics Is Dead At 86

14 Feb 2020 @ 2AM UTC
Frederick Koch, the eldest of the four sons of Fred and Mary Koch, has died. The cause of death is heart failure. He was 86. He spent his life as he wished, which was far removed from the business his father started and his brothers run and the politics they partake in.
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The Rise, Fall, Bankruptcy And Sale Of Forever 21

The Rise, Fall, Bankruptcy And Sale Of Forever 21

14 Feb 2020 @ 12PM UTC
Do Won and Jin Sook Chang's days at the helm of Forever 21, the company they founded in 1981 is winding down. They've been offered $81 million for their bankrupt retail empire.
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If All Goes According To Plan, By 2020, Michael Jordan's Annual Nike Royalty Check Will Be RIDICULOUS!

If All Goes According To Plan, By 2020, Michael Jordan's Annual Nike Royalty Check Will Be RIDICULOUS!

07 Jul 2017 @ 5PM UTC
The amount of money Michael Jordan could potentially make from Jordan-brand royalties is absolutely mind boggling.
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