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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The Richest People In Miami

The Richest People In Miami

20 Oct 2020 @ 4AM PDT

Palm Beach, Boca Raton, Bal Harbour, and other ritzy Miami enclaves regularly make the list of the most expensive zip codes in the U.S. It's no surprise then, that 22 billionaires call the Miami area home.

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The Richest People In Seattle

The Richest People In Seattle

20 Oct 2020 @ 4AM PDT

Seattle is the northernmost large city in the U.S., located just about 100 miles south of the Canadian border. It's also home to 10 billionaires – most notably Jeff Bezos and Bill Gates – the two richest people on the planet. Is it something in the water there?

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The Richest People In Boston

The Richest People In Boston

19 Oct 2020 @ 4AM PDT

Boston is the most populous city in Massachusetts with 696,600 people. The Greater Boston metro area is home to 4.8 million people. If you expand it out to the larger commuting area, it is home to 8.2 million people. 13 of those people are billionaires.

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Meet Mika Anttonen: The Oil Billionaire And Climate Activist

Meet Mika Anttonen: The Oil Billionaire And Climate Activist

18 Oct 2020 @ 4AM PDT

Mika Anttonen is an unlikely climate activist. He is the founder of Finnish energy company St1, which owns the St1 chain of gas stations in Finland, Sweden, Norway, and Poland. St1 owns around 1,400 service stations in those four countries.

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Combined Wealth of Global Billionaires Passes $10 Trillion For First Time

Combined Wealth of Global Billionaires Passes $10 Trillion For First Time

18 Oct 2020 @ 4AM PDT

The combined wealth of all the billionaires on earth just hit $10 trillion for the first time ever. From April 7 to July 31 of this year, billionaires in every single industry saw a double digit increase in their net worths.

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Jeff Bezos Could Completely Solve These 7 Global Catastrophes And STILL Be The Richest Person On The Planet

Jeff Bezos Could Completely Solve These 7 Global Catastrophes And STILL Be The Richest Person On The Planet

17 Oct 2020 @ 4AM PDT

Jeff Bezos could completely solve a number of global crisis and STILL be the richest person on the planet. Bezos could save the world – LITERALLY – and still be the richest person in the world. And that begs the question: why doesn't he?

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Billionaire Robert Smith Reaches $140 Million Settlement With DOJ Over Tax Problems

Billionaire Robert Smith Reaches $140 Million Settlement With DOJ Over Tax Problems

17 Oct 2020 @ 4AM PDT

The probe, which had gone on for years, centered on about $30 million in back taxes allegedly evaded by Smith, who has agreed to pay that, plus an $85 million penalty and around $25 million in interest.

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The 24 Richest Hedge Fund Managers In The U.S. Right Now

The 24 Richest Hedge Fund Managers In The U.S. Right Now

16 Oct 2020 @ 4AM PDT

Hedge fund managers have had a heck of a year. Most funds got absolutely slaughtered in the first six months of 2020 with the pandemic related economic shutdowns and stock market craziness. In general, hedge funds were down 7.9% on average.

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How Amazon Went From Selling Books To Selling, Well, Everything

How Amazon Went From Selling Books To Selling, Well, Everything

15 Oct 2020 @ 4AM PDT

Today, you can find just about everything under the sun for sale on Amazon, but it wasn't always that way. Back in 1994, when Jeff Bezos founded Amazon, he was simply trying to transform the way books were sold. How did the online retailer make this shift?

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Elon Musk Buying Up Texas Town For SpaceX Location While Low-Balling Homeowners

Elon Musk Buying Up Texas Town For SpaceX Location While Low-Balling Homeowners

14 Oct 2020 @ 4AM PDT

The tiny town of Boca Chica, Texas is home to 26 people. It sits just a couple of miles from the mouth of the Rio Grande River. It's not far from the Gulf Coast. Founded in the 1960s, the peaceful town is facing extinction at the hands of billionaire Elon Musk.

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Craigslist Founder Donates $10 Million To Fight Hunger In U.S.

Craigslist Founder Donates $10 Million To Fight Hunger In U.S.

12 Oct 2020 @ 4AM PDT

Billionaire Craig Newmark, the founder of Craigslist, has become a major philanthropist over the years. His most recent cause is fighting hunger in the United States. He's donating $10 million to hunger-related charities.

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Billionaire David Tepper Moves Back To New Jersey – Faced With $120 A Million State Income Tax Bill

Billionaire David Tepper Moves Back To New Jersey – Faced With $120 A Million State Income Tax Bill

12 Oct 2020 @ 4AM PDT

Back in 2015, billionaire David Tepper moved from New Jersey to Florida in part because of the high personal income tax rate in the Garden State. Now, he's moved back to New Jersey and faces a $120 milion state tax bill.

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Did A Federal Election Filing Just Expose Kanye West's Net Worth As "Hundreds Of Millions" Instead Of Billions? NO! Don't Believe The Headlines

Did A Federal Election Filing Just Expose Kanye West's Net Worth As "Hundreds Of Millions" Instead Of Billions? NO! Don't Believe The Headlines

09 Oct 2020 @ 9AM PDT

Kanye West is still running for President of the United States. And part of running for public office requires candidates to file a personal financial form with the Federal Election Commission. West did that and it caused some confusion. We cleared it up.

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The Richest People In Colorado

The Richest People In Colorado

08 Oct 2020 @ 4AM PDT

There are about six million people in The Centennial State of Colorado. Eleven of those residents are billionaires.

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Billionaire Bill Ackman Reflects On The Greatest Wall Street Trade Of All Time

Billionaire Bill Ackman Reflects On The Greatest Wall Street Trade Of All Time

07 Oct 2020 @ 4AM PDT

In March 2020, just as the coronavirus pandemic was sweeping the globe and causing mass panic and confusion, Bill Ackman made a decision: He paid $27 million to buy credit defaults and turned that into a profit of $2.6 billion

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Chinese Billionaire Put On Budget, Banned From Spending Due To Unpaid Debts

Chinese Billionaire Put On Budget, Banned From Spending Due To Unpaid Debts

02 Oct 2020 @ 11AM UTC
Chen Feng is a Chinese billionaire with all the trappings of a luxurious lifestyle. Private jets (or at least first-class tickets), epic vacations, and bare-no-expense weekends on the golf course are regular occurrences in his life. Until now.
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Meet The 6 Richest Women In India

Meet The 6 Richest Women In India

02 Oct 2020 @ 11AM UTC
There are 106 billionaires in India – a country with a population of 1.4 billion people. Of those 106 Indian billionaires, six of them are women. It's time to get to know these movers and shakers.
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The Richest People In Austin, Texas

The Richest People In Austin, Texas

01 Oct 2020 @ 11AM UTC
Austin, Texas is the capital of the Lone Star State. It is also home to eight billionaires. Let's get to know them.
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There Are 13 American Billionaires Under 40

There Are 13 American Billionaires Under 40

01 Oct 2020 @ 11AM UTC
It's a fact of life that most billionaires – and most of the list of the 400 richest Americans – are in their 60s or older. That's not the case for the 13 wunderkinds on this list: none of them have reached their 40th birthday, yet and all of them have multi-billion fortunes.
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Billionaire Ronald Perelman Is Selling Off His Assets, Claims He Wants To Live A Simpler Life

Billionaire Ronald Perelman Is Selling Off His Assets, Claims He Wants To Live A Simpler Life

29 Sep 2020 @ 11AM UTC
Billionaire Ron Perelman is selling off his assets, toys, art, and other trappings of his billionaire lifestyle. Is he cash strapped or is he truly trying to live a simpler life?
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Michael Bloomberg Raises More Than $16 Million Towards Paying Off Fines For Florida Voters

Michael Bloomberg Raises More Than $16 Million Towards Paying Off Fines For Florida Voters

30 Sep 2020 @ 11AM UTC
Bloomberg's fundraising efforts came to $16.1 million, which along with $5 million donated by the Florida Rights Restoration Coalition, has paid off the fines of around.32,000 eligible voters in Florida.
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The Richest People In Los Angeles

The Richest People In Los Angeles

19 Sep 2020 @ 11AM UTC
The County of Los Angeles is 4,753 square miles, with more than 10 million people. Of those 10 million people, 49 residents of the County of Los Angeles are billionaires.
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Duty Free Co-Founder And Ex-Billionaire Chuck Feeney Says He's Officially Succeeded In Getting Rid Of All His Money

Duty Free Co-Founder And Ex-Billionaire Chuck Feeney Says He's Officially Succeeded In Getting Rid Of All His Money

22 Sep 2020 @ 11AM UTC
While Feeney's unusual generosity of financial giving has been known for years now, the shuttering of his Atlantic Philanthropies in 2020 was always part of the plan.
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How Billionaire Russian Oligarch Roman Abramovich Spends his Billions

How Billionaire Russian Oligarch Roman Abramovich Spends his Billions

17 Sep 2020 @ 11AM UTC
Russian billionaire Roman Abramovich has an incredible collection of cars, planes, yachts, art, and homes. Oh, and he also owns the English Premier League's Chelsea FC and can often be seen in the stands rooting on his team. It must be good to be a billionaire!
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How Much Money Has Bill Gates Donated So Far?

How Much Money Has Bill Gates Donated So Far?

16 Sep 2020 @ 11AM UTC
Bill Gates has vowed to give away most of his vast fortune before he dies. That's not as easy as it sounds, when you're worth in excess of $100 billion, since the money tends to grow faster than he can give it away.
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