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.
The NBA could lose out on $500 million in ticket revenue if the entire season and playoffs are canceled completely. Despite this likelihood, some NBA players have decided to help out the people who would be working in the arenas in which they play.
In 1990, Paul Allen, then 37, was the 56th-richest American, with a net worth of $1.2 billion. That seems like chump change compared to the $20 billion he was worth when he died in 2018, at 65.
Times like these often bring out the best in people. Like billionaires who've stepped up to help fight this pandemic. Times like these also often bring out the worst in people. This edition of the Billionaire Roundup covers both.
Since 1987, 33 years ago, there have been just six men who have been, at one point or another, the richest person in the world. You know some of the six names – Bill Gates, Warren Buffett, Carlos Slim Helu, and, of course, Jeff Bezos. The other two men are Japanese real estate tycoons.
Zoom CEO Eric Yuan must have extremely mixed feelings about Coronavirus. On the one hand, it's a global tragedy. On the other, it has doubled his net worth.
Bloomberg reportedly spent $500 million on TV ads, another $100 million on digital advertising and tens of millions to employ "media consultants, pollsters and digital strategists."
In the late 1980s, Yoshiaki Tsutsumi was sitting on top of the world. He was the richest person in the world with a net worth of $20 billion.
And then it all came to a stunning end and Yoshiaki was sent to prison and his empire collapsed.
The 10 Biggest Billionaire Losers In Stock Market Volatility Have Lost A Combined $76.4 Billion – In A Week
The volatility of the stock market right now is insane. Word of advice: do not check your 401K balance. Fears of the coronavirus outbreak and our federal government's rather lukewarm response to the virus has the Dow Jones (and NASDAQ) going nuts.
Gulnara Karimova the daughter of the former tyrannical ruler of Uzbekistan, Islam Karimov. A few years ago, there were rumors circulating that Gulnara was missing and that she'd possibly been poisoned to death. Now, she's been sentenced to 13 years in prison for a $2 billion corruption scandal.
Mike Bloomberg might have just dropped half a billion on the most expensive self-funded political campaign in American history, but he's still got at least $40 million left to spare in the now worldwide fight against COVID-19.
Warren Buffett's decision to start working from home came late in the game, and as many of us, he began taking it more seriously as more information came in.
Today, News Corp. founder Rupert Murdoch has a net worth of $13 billion. He's known as the founder of the Fox News machine and all that goes with that. But back in 1990, he was 59 years old and the 60th richest person in the world with a net worth of $1.1 billion.
Cuban kicked things off by inviting who owns a small business to ask him questions through LinkedIn about what to do in the face of the pandemic and the disruption that follows.
Over the last few years, ultra high-end real estate has been booming, particularly in Palm Beach, New York City, and Los Angeles. These 16 homes have all sold for at least $100 million.
Ma's statement was brief and to the point, perhaps a small reflection of the urgency of the situation, and in it he cites the experience China has already had with this virus and containing its spread.