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
John Kapoor Is No Longer A Fentanyl Billionaire

John Kapoor Is No Longer A Fentanyl Billionaire

18 Dec 2018 @ 4AM PST

Various legal and financial problems have conspired to pull John Kapoor's net worth below the billion-dollar margin, into the neighborhood of $875 million.

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Billionaire Charles Cohen Buys Landmark Theaters From Billionaire Mark Cuban

Billionaire Charles Cohen Buys Landmark Theaters From Billionaire Mark Cuban

18 Dec 2018 @ 4AM PST

Landmark Theatres is the largest U.S. movie theatre chain devoted to independent films has a new owner. The company swapped one set of billionaire owners for another.

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Las Vegas Casino Owner With Ties To President Trump Expands Gaming Empire To Miami

Las Vegas Casino Owner With Ties To President Trump Expands Gaming Empire To Miami

15 Dec 2018 @ 4AM PST

Phil Ruffin, a long-time Las Vegas casino owner, is expanding to Miami. It was announced this week that he purchased Casino Miami, which is located on the northwest corner of Miami International Airport. He told the Miami Herald that he plans to bring Las Vegas to Florida.

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Billionaire Roundup: Santa's Sleigh Is Ready To Go

Billionaire Roundup: Santa's Sleigh Is Ready To Go

13 Dec 2018 @ 4AM PST

How on earth is it already December? Our favorite billionaires are out and about and, as always, entertaining us. This is the latest edition of the Billionaire Roundup.

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More Details Of The Rape Allegations Against Billionaire Richard Liu Surface. Could Criminal Charges Be Filed Soon?

More Details Of The Rape Allegations Against Billionaire Richard Liu Surface. Could Criminal Charges Be Filed Soon?

12 Dec 2018 @ 4AM PST

Billionaire Richard Liu was arrested on the night of August 31stand held for about 17 hours before being released with no charges filed against him. He returned to China almost immediately. Now, the gory details of the alleged events of that night have surfaced.

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Billionaire Patagonia Founder Pledges Company's Tax Cut Savings To Fight Climate Change

Billionaire Patagonia Founder Pledges Company's Tax Cut Savings To Fight Climate Change

12 Dec 2018 @ 4AM PST

The $10 million in extra Patagonia profits will go towards "groups defending our air, water and land," as well as support for the regenerative organic agriculture movement.

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Alleged Pedophile Jeffrey Epstein Gets Out Of Sex Trafficking Charges Thanks To Labor Secretary

Alleged Pedophile Jeffrey Epstein Gets Out Of Sex Trafficking Charges Thanks To Labor Secretary

11 Dec 2018 @ 4AM PST

Labor Secretary R. Alexander Acosta reportedly helped accused pedophile Jeffrey Epstein cut a confidential non-prosecution agreement that shut down a federal investigation into a trans-Atlantic sex trafficking operation of underage girls.

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Ten Books That Changed Ten Billionaires' Lives

Ten Books That Changed Ten Billionaires' Lives

11 Dec 2018 @ 4AM PST

Some of the most famous billionaires today have made it a point to share what the most important books of their lives have been.

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Billionaire Mother And Son Duo Lose HALF Their Net Worth In The Last 12 Months

Billionaire Mother And Son Duo Lose HALF Their Net Worth In The Last 12 Months

10 Dec 2018 @ 4AM PST

Georg Schaeffler and his mother, Maria-Elisabeth Schaeffler-Thumann, have been one of Germany's richest families for years. However, over the course of 2018, their net worth has declined by about $16 billion – which is more than half of their combined wealth.

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Highest Earning CEO In UK Is Female Head Of Betting Firm

Highest Earning CEO In UK Is Female Head Of Betting Firm

10 Dec 2018 @ 4AM PST

Denise Coates is the founder and co-CEO of UK betting firm Bet365.com. She earned $279 million in 2017, making her the highest-paid executive in the UK and the highest-earning female CEO in the world.

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Meet 100-Year-Old Chang Yun Chung, The World's Oldest Billionaire

Meet 100-Year-Old Chang Yun Chung, The World's Oldest Billionaire

09 Dec 2018 @ 4AM PST

Chang was still active in the shipping business until "only recently," finally slowing down as head of his Pacific International Lines after nearly 70 years in the shipping business.

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"Billionaire Bookie" Denise Coates Scored Record $281 Million In Pay Last Year

"Billionaire Bookie" Denise Coates Scored Record $281 Million In Pay Last Year

07 Dec 2018 @ 4AM PST

Coates' pay for last year puts her at the top of UK executives in terms of compensation, and represents an increase of about ten percent, compared to what she made the year before.

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From Oil Wildcatter To Reality TV Star To Potential Billionaire

From Oil Wildcatter To Reality TV Star To Potential Billionaire

07 Dec 2018 @ 4AM PST

In 1996, Autry Stephens struck out on his own to pursue riches in the oil industry via his Big Dog Drilling Co. He had just one rig. Now, 22 years later, he owns the largest closely-held oil producer by production volume in Texas, with a valuation of $15 billion.

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Saudi Crown Prince Mohammed bin Salman Has Reportedly "Misplaced" A $450 Million Painting He Bought Last Year

Saudi Crown Prince Mohammed bin Salman Has Reportedly "Misplaced" A $450 Million Painting He Bought Last Year

06 Dec 2018 @ 4AM PST

The disappearance is only the latest chapter in Salvator Mundi's long, complicated history, that has seen it go from an overpainted, virtually worthless mess to a genuine, authenticated da Vinci.

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Insanely High Death Tax Keeps LG Heir Out Of Billionaire's Club

Insanely High Death Tax Keeps LG Heir Out Of Billionaire's Club

06 Dec 2018 @ 4AM PST

Koo Kwang-mo took the helm of his family's business after his father died in May. Koo inherited his father's 8.8% stake in LG, giving him 15% of the company. His holding is valued at $1.55 billion. He lives in South Korea, and the inheritance or "death" tax is one of the highest in the world.

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Currently Trending
Russian Oligarch Roman Abramovich Is Planning Massive $190 Million Manhattan Mansion Compound

Russian Oligarch Roman Abramovich Is Planning Massive $190 Million Manhattan Mansion Compound

23 Oct 2018 @ 11AM UTC
Russian billionaire Roman Abramovich has some big plans for his new Manhattan home. He is planning to combine three historic townhouses on East 75th Street into one 31,500 square foot home, which would be the largest single family home in Manhattan.
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Mark Cuban Set A World Record In 1999 By Spending $40 Million Online

Mark Cuban Set A World Record In 1999 By Spending $40 Million Online

02 Oct 2018 @ 11AM UTC
No one, literally no one, has spent more on an internet transaction than Mark Cuban did back in 1999, according to the people at Guinness World Records.
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Little-Known Hong Kong Billionaire Karen Lo Has Quietly Amassed Enormous American Real Estate Portfolio

Little-Known Hong Kong Billionaire Karen Lo Has Quietly Amassed Enormous American Real Estate Portfolio

13 Nov 2018 @ 12PM UTC
Over the past 18 months, a little-known billionaire from Hong Kong has spent more than $200 million on luxury real estate from Malibu to Manhattan.
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How The SC Johnson Family Became One Of The Wealthiest Families On The Planet With A Combined Net Worth of $28.2 Billion

How The SC Johnson Family Became One Of The Wealthiest Families On The Planet With A Combined Net Worth of $28.2 Billion

01 Dec 2018 @ 12PM UTC
The 25 richest families in the world have a combined net worth of $1.1 trillion. The SC Johnson family is the 19th-wealthiest family in the world with a combined $28.2 billion net worth.
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How The Dumas Family Became One Of The Wealthiest Families On The Planet, With A Combined Net Worth of $49.2 Billion

How The Dumas Family Became One Of The Wealthiest Families On The Planet, With A Combined Net Worth of $49.2 Billion

30 Nov 2018 @ 12PM UTC
The 25-richest families in the world have a combined net worth of $1.1 trillion. The Dumas family is the 5th-wealthiest family in the world with a combined $49.2 billion net worth.
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How The Ambani Family Became One Of The Wealthiest Families On The Planet With A Combined Net Worth of $43.4 Billion

How The Ambani Family Became One Of The Wealthiest Families On The Planet With A Combined Net Worth of $43.4 Billion

02 Oct 2018 @ 11AM UTC
The 25-richest families in the world have a combined net worth of $1.1 billion. The Ambani family is the 7th-wealthiest family in the world with a combined $43.4 billion net worth.
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How Generous Are America's Billionaires?

How Generous Are America's Billionaires?

29 Nov 2018 @ 12PM UTC
he wealthiest American billionaires in the United States have net worths that are hard for normal people to comprehend. We've ranked 28 of the wealthiest on a scale of 1 to 5, according to how generous they are.
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Meet Brian Armstrong: The Latest Cryptocurrency Billionaire

Meet Brian Armstrong: The Latest Cryptocurrency Billionaire

29 Nov 2018 @ 12PM UTC
Cryptocurrency, as a whole, is not having the best year, but Coinbase's Brian Armstrong is having a great one. He has become the second person to achieve a billion-dollar net worth in the cryptocurrency industry.
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Self-Made Female Billionaire's Company Accused Of Discriminating Against Pregnant Employees

Self-Made Female Billionaire's Company Accused Of Discriminating Against Pregnant Employees

05 Dec 2018 @ 12PM UTC
Lynda Resnick positions herself as a woman who pulled herself up by her pantyhose. It appears the billionaire is skilled at talking the talk but not walking the walk. Five former employees are suing the company for pregnancy discrimination and wrongful termination.
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Russian Billionaire Yuri Milner Pledges $100M To Find Space Aliens

Russian Billionaire Yuri Milner Pledges $100M To Find Space Aliens

24 Jul 2015 @ 2PM UTC
Russian billionaire Yuri Milner is putting up $100 million over the next ten years to see if we can find aliens...
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