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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Hedge Fund Manager Hit With $1 BILLION Tax Bill After Loophole Was Unexpectedly Closed

Hedge Fund Manager Hit With $1 BILLION Tax Bill After Loophole Was Unexpectedly Closed

20 Apr 2018 @ 4AM PDT

No one likes paying taxes, but one man has one billion reasons to dislike the IRS this year.

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Billionaire Banking Heir Matthew Mellon Dies In Rehab

Billionaire Banking Heir Matthew Mellon Dies In Rehab

19 Apr 2018 @ 4AM PDT

Billionaire banking heir Matthew Mellon has died at age 54, reportedly while a patient at a drug rehab center in Cancun. He is survived by his ex-wives, Jimmy Choo founder Tamara Mellon and fashion designer Nicole Hanley, and his children Minty, Olympia, and Force.

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New TV Show Drops Billionaires In Random, City Challenges Them To Make It Again

New TV Show Drops Billionaires In Random, City Challenges Them To Make It Again

19 Apr 2018 @ 4AM PDT

There's a new TV show in production at Discovery that is sort of like a "Survivor" for billionaires. The show is called "Undercover Billionaire." In it, a self-made billionaire is dropped off in a random city with just a few dollars in his pocket and the drive to build a new business.

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Bratz Billionaire Isaac Larian Puts In $890M Bid To Save Toys R Us – Gets Rejected

Bratz Billionaire Isaac Larian Puts In $890M Bid To Save Toys R Us – Gets Rejected

19 Apr 2018 @ 4AM PDT

Larian has been banging the drum to save Toys R Us for a while now on social media, since the company announced it was closing its stores following a failed effort to restructure through bankruptcy.

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Billionaire Stephen Ross Claims Getting Fired Was The Best Thing To Ever Happen To Him

Billionaire Stephen Ross Claims Getting Fired Was The Best Thing To Ever Happen To Him

18 Apr 2018 @ 4AM PDT

After getting the boot from securities brokerage firm Laird and then again from Bear Stearns, he borrowed ten grand from his mother and made the most of it, starting up his own real estate company, The Related Companies.

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Warren Buffett's 10 Rules To Get Rich

Warren Buffett's 10 Rules To Get Rich

18 Apr 2018 @ 4AM PDT

Let's take a look at Warren Buffett's 10 Rules To Get Rich. Who knows, maybe one of us will learn something that inspires us to go out and make billions!

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Russian Billionaires Lose $16 Billion In One Day Amid Sanctions

Russian Billionaires Lose $16 Billion In One Day Amid Sanctions

18 Apr 2018 @ 4AM PDT

Monday was not a good day to be a Russian billionaire. The country's wealthiest people saw their combined net worth fall by $16 billion on April 9th.

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How Long Did It Take Today's Billionaires To Go From Millionaire To Billionaire?

How Long Did It Take Today's Billionaires To Go From Millionaire To Billionaire?

17 Apr 2018 @ 4AM PDT

Today, Warren Buffett has a net worth of $75 billion. It took him 26 years from the time he became a millionaire to the time he made his first billion. It took Bill Gates 5 years. It took Jeff Bezos 2 years.

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Los Angeles Biotech Billionaire Close To Deal To Buy D.C. United

Los Angeles Biotech Billionaire Close To Deal To Buy D.C. United

16 Apr 2018 @ 4AM PDT

Los Angeles billionaire Patrick Soon-Shiong is closing in on a deal to buy Major League Soccer's D.C. United. The agreement would value to club at a record $500 million.

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The Inspirational Life Story Of Patagonia Founder Yvon Chouinard – A Self-Described "Reluctant Billionaire"

The Inspirational Life Story Of Patagonia Founder Yvon Chouinard – A Self-Described "Reluctant Billionaire"

16 Apr 2018 @ 4AM PDT

When Yvon Chouinard was in his 20s he spent more than six months of each year criss crossing North America and the Alps climbing mountains with his friends and living on about 50 cents a day. Today, Chouinard is the founder of the outdoor gear company Patagonia, which reported $750 million in sales in 2015.

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Mark Cuban Would Rather Have A Pet Rock Than Buy Bitcoin

Mark Cuban Would Rather Have A Pet Rock Than Buy Bitcoin

15 Apr 2018 @ 4AM PDT

Billionaire owner the Dallas Mavericks Mark Cuban is very vocal on his opinion of both bitcoin and gold. He does not believe either are a viable alternative to cold hard cash.

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Thai Billionaire Somphote Ahunai Has Lost About Half Of His Fortune In Stock Market Plunge

Thai Billionaire Somphote Ahunai Has Lost About Half Of His Fortune In Stock Market Plunge

15 Apr 2018 @ 4AM PDT

The plunge began on March 28th, when the Bangkok Post quoted Thailand's Energy Minister Siri Jirapongphan to the effect that the Thai government wasn't planning to increase its renewable-source electricity buys until after 2023, due to a surplus in reserve power.

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Who Is Palmer Luckey, The Infamous Ex-Facebook Employee

Who Is Palmer Luckey, The Infamous Ex-Facebook Employee

13 Apr 2018 @ 4AM PDT

During Mark Zuckerberg's Congressional testimony, Ted Cruz asked Zuckerberg if he had fired Oculus founder Palmer Luckey for his political views. Who is Palmer Luckey?

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Billionaire Frank McCourt Donates $45M Towards Future Manhattan Cultural Center, The Shed

Billionaire Frank McCourt Donates $45M Towards Future Manhattan Cultural Center, The Shed

12 Apr 2018 @ 4AM PDT

McCourt's $45 million donation went straight to the building's capital campaign, which will cover construction costs and other expenses as well as support for the first three years of the Shed's cultural programs.

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Billionaire Jack Ma Was Happier When He Made $12 A Month

Billionaire Jack Ma Was Happier When He Made $12 A Month

12 Apr 2018 @ 4AM PDT

They say that money can't buy happiness and China's richest man, Alibaba founder, Jack Ma, agrees. Despite his $42 billion net worth, he things he was just as happy, possibly even happier when he was right out of college and barely making any money.

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Currently Trending
Jayshree Ullal Gives Cisco A Run For Their Money And Becomes A Billionaire In The Process

Jayshree Ullal Gives Cisco A Run For Their Money And Becomes A Billionaire In The Process

21 Mar 2018 @ 11AM UTC
Jayshree Ullal has ushered Arista Networks into being a public company and has taken it from small, little known startup, to a major competitor in its markets. For that effort, she has become a self-made billionaire.
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Donald Trump Lost $600 Million Over Past Year

Donald Trump Lost $600 Million Over Past Year

21 Oct 2017 @ 11AM UTC
Overall, the rich are getting richer. The net worths of Jeff Bezos and Mark Zuckerberg are on the rise. Donald Trump's, however, is on the decline.
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In 1977 Warren Buffett Gave His Youngest Son $90,000 Worth Of Berkshire Hathaway Stock. His Son Spent It All On Recording Equipment :(

In 1977 Warren Buffett Gave His Youngest Son $90,000 Worth Of Berkshire Hathaway Stock. His Son Spent It All On Recording Equipment :(

18 Mar 2018 @ 11AM UTC
According to Warren Buffett's youngest child Peter, his father has imparted a more lasting legacy on him than the money from his multi-billion fortune ever could.
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Bill Gates Reveals The Two "Crazy Things" He's Splurged On Since Becoming A Billionaire 30 Years Ago

Bill Gates Reveals The Two "Crazy Things" He's Splurged On Since Becoming A Billionaire 30 Years Ago

27 Feb 2018 @ 12PM UTC
His characterization of his private plane as "an indulgence" is consistent with how he's talked about it in the past, describing it to interviewers as both a "guilty pleasure" and a "big splurge."
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Amazon Stock Just Jumped 6.5%... Leaving Jeff Bezos With A Net Worth Of $123 BILLION

Amazon Stock Just Jumped 6.5%... Leaving Jeff Bezos With A Net Worth Of $123 BILLION

02 Feb 2018 @ 3AM UTC
Amazon's stock price jumped 6.5% tonight in after-hours trading. As a result, Jeff Bezos is now worth $123 BILLION.
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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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He's The Richest Black Man In America... And Most People Have Never Heard His Name!

He's The Richest Black Man In America... And Most People Have Never Heard His Name!

04 Nov 2016 @ 6PM UTC
Robert F. Smith is the billionaire everyone is talking about but nobody knew about just a few months ago. He is the 53-year-old founder of the private equity firm, Vista Equity Partners. Vista deals in the not-so-sexy category of enterprise software, which might be why he's flown under the radar until now.
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If You Want To Be A Billionaire, Go To One Of These Colleges

If You Want To Be A Billionaire, Go To One Of These Colleges

14 Sep 2016 @ 11AM UTC
We like to tell the stories of college dropouts who became billionaires, but the truth is, only 30% of billionaires don't have a college degree. For every Bill Gates, there are about three Marc Benioffs. The other 70% of the world's 1% have graduated from college with at least a bachelor's degree.
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Prince al-Waleed bin Talal Paid $6 BILLION To Be Freed From Three-Month Government Detention

Prince al-Waleed bin Talal Paid $6 BILLION To Be Freed From Three-Month Government Detention

30 Mar 2018 @ 11AM UTC
Last November, the Saudi government rounded up 60 princes, businessmen, officials and various other prominent figures and detained them at the Ritz-Carlton in Riyadh as part of a crackdown on corruption. It was viewed as the first volley of power lobbed by Crown Prince Mohammed bin Salman.
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Who Is Wissam Al Mana? Besides Janet Jackson's Baby Daddy And Soon To Be Ex-Husband

Who Is Wissam Al Mana? Besides Janet Jackson's Baby Daddy And Soon To Be Ex-Husband

03 May 2017 @ 11AM UTC
Janet Jackson has moved out the home she shared with her husband, is in line to earn millions in a divorce settlement from the billionaire businessman.
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