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
Little-Known Tax Loophole Gives Jamie Dimon $1.3 Billion Reasons To Become Treasury Secretary Someday

Little-Known Tax Loophole Gives Jamie Dimon $1.3 Billion Reasons To Become Treasury Secretary Someday

Sep 22, 2023

I'm willing to bet $1.2 billion that someday Jamie Dimon will find a way to be nominated and confirmed as Treasury Secretary of the United States.

Imagine How Rich Would You Be If You Owned 75% Of LEGO…

Imagine How Rich Would You Be If You Owned 75% Of LEGO…

Sep 21, 2023

LEGO was part of Kristiansen's life from the time he was born in 1947. He is credited as having been an inspiration for many of LEGO's early products, and even worked as a tester of both play sets and their instructions as a child.

Mark Cuban Let Billions Slip Through His Hands By Rejecting This Early Investment Opportunity

Mark Cuban Let Billions Slip Through His Hands By Rejecting This Early Investment Opportunity

Sep 18, 2023

The subject came up during a talk with Kevin Hart, after Hart revealed he missed out on the same opportunity.

The Bizarre Story Of How A College Stadium Was Named After A Walmart Heiress Who Never Attended The School

The Bizarre Story Of How A College Stadium Was Named After A Walmart Heiress Who Never Attended The School

Sep 14, 2023

Elizabeth Paige Laurie got to see her name on an arena — but it was incredibly short-lived. Here's what went wrong for her.

Reese Witherspoon Denies Reports That She's A Billionaire

Reese Witherspoon Denies Reports That She's A Billionaire

Sep 13, 2023

Witherspoon calls the rumors "enormously flattering" and says, "if I ever touched the bottom of whatever Oprah's magic golden boots do, I would be so lucky."

Despite What You May Have Read, Michael Jordan Is Not Worth $3.5 Billion… That's Off By A Billion. For Now.

Despite What You May Have Read, Michael Jordan Is Not Worth $3.5 Billion… That's Off By A Billion. For Now.

Sep 8, 2023

Recently, Bloomberg published an article that very officially anointed Michael Jordan with a net worth of $3.5 billion. As much as I wish this was true, the numbers don't quite add up.

Vladimir Putin Reportedly Moved $100 Million Superyacht Weeks Before Ukraine Invasion

Vladimir Putin Reportedly Moved $100 Million Superyacht Weeks Before Ukraine Invasion

Sep 5, 2023

The craft has since been renamed "Kosatka" (Russian for "killer whale"), and is one Russian superyacht that hasn't been seized by any outside authorities thanks to the seemingly shrewd maneuvering uncovered by the investigation.

How Jimmy Buffett "Wasted His Way" Into A Billion-Dollar Fortune And Empire

How Jimmy Buffett "Wasted His Way" Into A Billion-Dollar Fortune And Empire

Sep 2, 2023

Jimmy Buffett will forever be remembered for his songs and his army of fans, but his business life may prove to be his most-impressive legacy. Jimmy Buffett's empire earned coveted celebrity billionaire status.

Already-Sanctioned Russian Billionaire Andrey Melnichenko Now Hit With Lawsuit From Russian Prosecutors

Already-Sanctioned Russian Billionaire Andrey Melnichenko Now Hit With Lawsuit From Russian Prosecutors

Aug 29, 2023

The lawsuit was filed against Melnichenko, his steam coal mining company Suek JSK, and two other companies, and the exact terms of it are still under wraps.

Vivek Ramaswamy Is Not Quite A Billionaire (Despite What Numerous Outlets Have Reported)… Here's How He Became Very, Very Rich

Vivek Ramaswamy Is Not Quite A Billionaire (Despite What Numerous Outlets Have Reported)… Here's How He Became Very, Very Rich

Aug 28, 2023

Vivek Ramaswamy has been described as "billionaire" in a number of seemingly-respectable outlets. Unfortunately he is not, and has never been a billionaire. He is extremely rich! Here's how and why.

Yevgeny Prigozhin – Putin's Billionaire Chef/Mercenary – Just Died In A Private Jet Explosion Over Moscow, Two Months After His Failed Coup

Yevgeny Prigozhin – Putin's Billionaire Chef/Mercenary – Just Died In A Private Jet Explosion Over Moscow, Two Months After His Failed Coup

Aug 23, 2023

According to numerous credible reports, earlier today a private jet crashed soon after taking off from an airport northwest of Moscow. Video appears to show the jet experiencing an explosion mid-air, then slowly crashing into a field. All aboard were killed. It is being reported that one of the passengers was Yevgeny Prigozhin, the billionaire mercenary whose fortune started from a hot dog stand.

Jeff Bezos And Fiancée Lauren Sánchez Establish $100 Million Maui Wildfire Relief Fund

Jeff Bezos And Fiancée Lauren Sánchez Establish $100 Million Maui Wildfire Relief Fund

Aug 15, 2023

Bezos and Sánchez have a personal connection to the island, as Bezos reportedly purchased a mansion on the southern coast of Maui back in 2021 for $78 million, possibly making it the most expensive home ever sold there.

They Co-Own A $60 Billion Hedge Fund. They Hate Each Other. One Is Getting Divorced (With No Prenup). And It's A Huge Mess.

They Co-Own A $60 Billion Hedge Fund. They Hate Each Other. One Is Getting Divorced (With No Prenup). And It's A Huge Mess.

Aug 11, 2023

They run the third-largest hedge fund in the world with $60 billion in assets. They despise each other and can't make even simple business decisions anymore. And now one of them is going through a divorce with no prenup.

In The 1990s, The Third-Richest Person On The Planet (Behind Gates And Buffett) Was… A Swiss Orchestra Conductor???

In The 1990s, The Third-Richest Person On The Planet (Behind Gates And Buffett) Was… A Swiss Orchestra Conductor???

Aug 1, 2023

For much of the 1990s, the third-richest person in the world – behind only Bill Gates and Warren Buffett – was a random Swiss orchestra conductor named Paul Sacher.

CEO Of Obscure Plastic Foam Company Becomes Billionaire After Branching Out Into Rechargeable Batteries

CEO Of Obscure Plastic Foam Company Becomes Billionaire After Branching Out Into Rechargeable Batteries

Jul 20, 2023

The company hit a market cap of almost $5 billion, and as Ryu is reportedly its largest stockholder with a stake of around 40 percent, his net worth hit the billion-dollar mark along with it.

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

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

Oct 2, 2020
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.
Meet The 6 Richest Women In India

Meet The 6 Richest Women In India

Oct 2, 2020
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.
The Richest People In Austin, Texas

The Richest People In Austin, Texas

Oct 1, 2020
Austin, Texas is the capital of the Lone Star State. It is also home to eight billionaires. Let's get to know them.
There Are 13 American Billionaires Under 40

There Are 13 American Billionaires Under 40

Oct 1, 2020
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.
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

Sep 29, 2020
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?
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

Sep 30, 2020
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.
The Richest People In Los Angeles

The Richest People In Los Angeles

Sep 19, 2020
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.
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

Sep 22, 2020
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.
How Billionaire Russian Oligarch Roman Abramovich Spends his Billions

How Billionaire Russian Oligarch Roman Abramovich Spends his Billions

Sep 17, 2020
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!
How Much Money Has Bill Gates Donated So Far?

How Much Money Has Bill Gates Donated So Far?

Sep 16, 2020
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.