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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Jeff Bezos's $690,000 Australian Fire Relief Donation Draws Criticism And Comparisons To Other Celebrities Who Gave has More

Jeff Bezos's $690,000 Australian Fire Relief Donation Draws Criticism And Comparisons To Other Celebrities Who Gave has More

19 Jan 2020 @ 4AM PST

Bezos recently announced a donation of about $690,000 to Australian fire relief, but many are criticizing his decision to donate such a low figure in proportion to his wealth and income.

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A Recent Surge In Tesla Stock Means Elon Musk May Get A $346 Million Payday

A Recent Surge In Tesla Stock Means Elon Musk May Get A $346 Million Payday

18 Jan 2020 @ 4AM PST

It's all part of Musk's "unparalleled" payment plan, approved by the company in 2018. It gives him the opportunity to earn stock options that could ultimately be worth some $55 billion over the next ten years.

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Japanese Billionaire Looking For Single Woman To Go To The Moon With Him On SpaceX Rocket

Japanese Billionaire Looking For Single Woman To Go To The Moon With Him On SpaceX Rocket

17 Jan 2020 @ 10AM PST

Calling all the single ladies! Now is your chance to go on an out of this world (literally) date with a billionaire. Yusaka Maezawa is a Japanese billionaire who paid SpaceX for a trip around the Moon in 2023. Now, he's looking for a lady to go with him.

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LA's Highest Property Tax: Beyoncé And Jay-Z's House

LA's Highest Property Tax: Beyoncé And Jay-Z's House

17 Jan 2020 @ 4AM PST

It took Beyonce and Jay-Z awhile to find their Los Angeles home but when they did, they spared no expense. Beyoncé and Jay-Z dropped $88 million on a modern estate in Bel Air that comes with a hefty property tax bill annually.

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Angolan Billionaire Isabel dos Santos' Assets Frozen In Crackdown Against Father's Corrupt Government

Angolan Billionaire Isabel dos Santos' Assets Frozen In Crackdown Against Father's Corrupt Government

16 Jan 2020 @ 4AM PST

A few weeks ago, an Angolan court issued an order to freeze the assets of billionaire Isabel dos Santos and her husband, Sindika Dokolo, due to a crackdown on the family of the former president of Angola.

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Fashion Billionaire Yusaku Maezawa Announces $9 Million Giveaway "Social Experiment"

Fashion Billionaire Yusaku Maezawa Announces $9 Million Giveaway "Social Experiment"

15 Jan 2020 @ 4AM PST

Japanese fashion billionaire Yusaku Maezawa wants to find out if money really can buy happiness. And he's doing it by giving a $9 million chunk of his fortune away to 1,000 of his Twitter followers.

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LA's Highest Property Taxes: 25040 Pacific Coast Highway

LA's Highest Property Taxes: 25040 Pacific Coast Highway

15 Jan 2020 @ 4AM PST

In 2018, a minimalist mansion on the Pacific Coast Highway in Malibu sold to Edmonton Oilers owner Daryl Katz for $85 million. This home carries an annual property tax bill of $1.01 million.

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Australian Billionaire Andrew Forrest Pledges Almost $50 Million To Fire Relief

Australian Billionaire Andrew Forrest Pledges Almost $50 Million To Fire Relief

14 Jan 2020 @ 4AM PST

The donation comes to 70 million Australian dollars: $10 million AU to mobilize volunteers, $10 million AU towards immediate fire relief, and a $50 million AU pledge towards long-term fire relief.

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If You Want To Be Rich Live Frugally – Like These 6 Frugal Billionaires

If You Want To Be Rich Live Frugally – Like These 6 Frugal Billionaires

14 Jan 2020 @ 4AM PST

The six billionaires highlighted in this article have a few things in common. For one thing, they are billionaires and among the wealthiest people on earth. They are also, in varying degrees, pretty frugal – especially considering their net worths.

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How WorldCom CEO Bernard Ebbers Went From Billionaire Telecom Cowboy To Broke, Convicted Felon

How WorldCom CEO Bernard Ebbers Went From Billionaire Telecom Cowboy To Broke, Convicted Felon

13 Jan 2020 @ 4AM PST

Bernard "Bernie" Ebbers was sent to prison in 2006 after being found guilty of one of the biggest financial frauds of the 20th century. Now, he's being released early, due to suffering from dementia after serving a little over half of his 25-year sentence. Some people think he's faking it.

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These 12 Billionaires Had The Fastest Growing Fortunes Of 2019

These 12 Billionaires Had The Fastest Growing Fortunes Of 2019

13 Jan 2020 @ 4AM PST

The 500 richest people in the world saw their multi-billion dollar fortunes increase by 25% , collectively, in 2019, but 12 people did way better than that.

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Nutella Heir Adds Nearly $10 Billion To Chocolatey Net Worth In 2019

Nutella Heir Adds Nearly $10 Billion To Chocolatey Net Worth In 2019

13 Jan 2020 @ 4AM PST

Nutella is a favorite – almost a cult favorite. It has a fan base that's pretty devoted. The man behind Nutella these days is 55-year-old Giovanni Ferrero, heir to the Nutella fortune.

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California Sues Billionaire Vinod Khosla Over Beach Access

California Sues Billionaire Vinod Khosla Over Beach Access

11 Jan 2020 @ 4AM PST

Billionaire Vinod Khosla has been fighting for the right to close access to Martin's Beach since he bought the 89-acre property adjacent to the beach in 2008 for $32.5 million. Now, the state of California is suing him.

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William Belo Becomes Billionaire Through Crocodile Farming And Home Improvement

William Belo Becomes Billionaire Through Crocodile Farming And Home Improvement

10 Jan 2020 @ 4AM PST

William Belo started his fortune with the Filippino version of the Home Depot – Wilcon Depot. He grew it by buying a crocodile farm. Today, he makes at least $500,000 annually just from selling the croc skins and is a billionaire.

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Kind Bar Founder Becomes Billionaire By Championing Random Acts Of Kindness

Kind Bar Founder Becomes Billionaire By Championing Random Acts Of Kindness

10 Jan 2020 @ 4AM PST

Daniel Lubetzky is the 51-year-old founder of Kind Healthy Snacks. The company has $800 million in sales and is worth about $2.9 billion. Lubetzky is the majority owner of Kind Healthy Snacks, which gives him a net worth of $1.5 billion.

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Currently Trending
Bet365 CEO Denise Coates Took Home A Record $422 Million Last Year

Bet365 CEO Denise Coates Took Home A Record $422 Million Last Year

23 Dec 2019 @ 12PM UTC
The company's own recently published accounting indicates a total compensation totaling $422 million US for the last fiscal year, ending in March of 2019.
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Google Billionaire Larry Page Has Given Billions To His Foundation, But Almost None Of It Has Gone Directly To Charity

Google Billionaire Larry Page Has Given Billions To His Foundation, But Almost None Of It Has Gone Directly To Charity

03 Jan 2020 @ 12PM UTC
Relatively little of this money is actually going straight to charity, but instead to something called DAFs, or donor-advised funds, a practice that some say is being used to dodge financial accountability in charitable endeavors.
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In Blog Post, Bill Gates Says His Wealth Is Proof That The System Isn't Fair

In Blog Post, Bill Gates Says His Wealth Is Proof That The System Isn't Fair

09 Jan 2020 @ 12PM UTC
In a recent post on his personal blog commemorating the new year, Gates shared his thoughts and ideas on the subject of "how we can make our tax system more fair."
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Kylie Jenner Is The Newest Member Of The Celebrity Billionaire Club – Who Are The Others?

Kylie Jenner Is The Newest Member Of The Celebrity Billionaire Club – Who Are The Others?

02 Dec 2019 @ 4PM UTC
George Lucas, Steven Spielberg, Oprah, Paul McCartney, David Copperfield, Jay-Z, Michael Jordan, and now Kylie Jenner are all members of the very exclusive celebrity self-made billionaires club.
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Jay Z And Beyoncé Buy Posh Hamptons Home

Jay Z And Beyoncé Buy Posh Hamptons Home

02 Oct 2017 @ 11AM UTC
Jay-Z and Beyoncé have been on a home buying spree over the past few months.
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How David Copperfield Earned His $1 Billion Net Worth

How David Copperfield Earned His $1 Billion Net Worth

04 Jan 2019 @ 12PM UTC
David Copperfield is the first billionaire-magician in history. He's as good at making money as he is at making things disappear! He is the most commercially successful magician of all time. This is how he did it...
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This Russian Businessman Sold Enough Junk Food To Become A Billionaire

This Russian Businessman Sold Enough Junk Food To Become A Billionaire

28 Nov 2017 @ 12PM UTC
There are a lot of ways you can become a billionaire. You can manage a particularly successful hedge fund, you can develop a popular app, you can start and sell a software company, you can be a real estate developer, or you can sell junk food.
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Jeff Bezos Lost $6 Billion Yesterday

Jeff Bezos Lost $6 Billion Yesterday

29 Jan 2016 @ 7PM UTC
Ouch. After one bad earnings announcement, $6 billion evaporates...
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Billionaire Ron Burkle's 26-Year-Old Son Dead Under Mysterious Circumstances

Billionaire Ron Burkle's 26-Year-Old Son Dead Under Mysterious Circumstances

08 Jan 2020 @ 12PM UTC
Sad news out of Los Angeles, billionaire real estate developer and Pittsburgh Penguins owner Ron Burkle's 26-year-old son Andrew is dead. The Burkle family and the Los Angeles County coroner's office confirmed the death occurred on Monday night, January 6.
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Here Are The Ten Richest People And Families In India

Here Are The Ten Richest People And Families In India

04 Nov 2019 @ 12PM UTC
India is home to plenty of financial titans, some of them representing the accumulated wealth of their entire families. Here's a list of the ten richest.
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