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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Billionaire Jeweler To The Stars Seeking Asylum In London, On The Run Again

Billionaire Jeweler To The Stars Seeking Asylum In London, On The Run Again

22 Jun 2018 @ 4AM PDT

Nirav Modi is a jeweler whose designs have been worn by Hollywood and Bollywood stars. He's also a fugitive from the law in India due to his involvement in defrauding Punjab National Bank of $1.8 billion.

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The 5 Books Mark Cuban Is Reading This Summer

The 5 Books Mark Cuban Is Reading This Summer

19 Jun 2018 @ 4AM PDT

Billionaire Mark Cuban recently spoke to CNBC on the subject of his own summer reading schedule, and there's not a Dan Brown or Agatha Christie novel in the whole bunch.

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10 Books For Your Summer Reading List, Recommended By Bill Gates

10 Books For Your Summer Reading List, Recommended By Bill Gates

17 Jun 2018 @ 4AM PDT

The following 10 books have all been picked from the past few years of Gates' summer reading lists. If you're looking to be inspired and learn something, pick up one or more of these Bill Gates' recommended books.

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Koch Brothers Break With GOP, Launch Campaign To Oppose Trump's Tariffs

Koch Brothers Break With GOP, Launch Campaign To Oppose Trump's Tariffs

14 Jun 2018 @ 4AM PDT

The political network backed by the billionaire industrialists Charles and David Koch has unveiled a multi-year, multimillion dollar plan to oppose the tariffs on imported steel and aluminum implemented by President Donald Trump and his administration.

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Microsoft Acquisition Makes Billionaires Out Of GitHub Founders

Microsoft Acquisition Makes Billionaires Out Of GitHub Founders

14 Jun 2018 @ 4AM PDT

Microsoft announced last week that it was buying the software development platform GitHub for $7.5 billion in stock – making its founders instant billionaires.

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Billionaire Roundup: Comic Book Heroes, Legendary Investor, And Umbrella-ella-ella

Billionaire Roundup: Comic Book Heroes, Legendary Investor, And Umbrella-ella-ella

09 Jun 2018 @ 4AM PDT

Summer is nearly here – can you feel it in the air? It's time for cookouts and baseball games and movies under the stars. Unless you're a billionaire of course. If you're a billionaire, your summer is filled with beach houses and mega yachts and glamourous trips…

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Ray Dalio Shares His Best Advice: Party Like Crazy

Ray Dalio Shares His Best Advice: Party Like Crazy

09 Jun 2018 @ 4AM PDT

Ray Dalio founded Bridgewater Associates, the world's largest hedge fund. He recently sat down for a Reddit "Ask Me Anything" session and shared two key pieces of advice for investors and aspiring investors.

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14 More Billionaires Join The Giving Pledge

14 More Billionaires Join The Giving Pledge

08 Jun 2018 @ 4AM PDT

Bill and Melinda Gates and Warren Buffett founded the Giving Pledge in 2010 with 40 members who pledged to give at least half of their personal wealth away to philanthropy during their lifetimes. Since then, 183 people from 22 countries have joined the pledge.

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Michael Jordan's Net Worth Is Now $1.65 Billion

Michael Jordan's Net Worth Is Now $1.65 Billion

07 Jun 2018 @ 4AM PDT

Michael Jordan never made as much on court in his 15 seasons in the NBA as he made off court in product endorsements. Now the skyrocketing value of the Charlotte Hornets is making this billionaire even richer.

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Jack Dorsey Made More Than $700 Million In May

Jack Dorsey Made More Than $700 Million In May

06 Jun 2018 @ 4AM PDT

Jack Dorsey had a heck of a month in May. The co-founder of Twitter and founder of Square has seen his net worth skyrocket in the past month thanks to his stakes in those two companies.

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Warren Buffett Offered $3B To Uber, But The Deal Fell Through

Warren Buffett Offered $3B To Uber, But The Deal Fell Through

05 Jun 2018 @ 4AM PDT

Uber's Chief Executive Officer, Dara Khosrowshahi, gave Buffett a counteroffer that involved decreasing the investment from $3 billion to $2 billion, but they still weren't able to reach an agreement.

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Starbucks' Howard Schultz Steps Down, Fuels Presidential Campaign Rumors

Starbucks' Howard Schultz Steps Down, Fuels Presidential Campaign Rumors

04 Jun 2018 @ 4PM PDT

In 1981, Howard Schultz walked into a small coffee shop called Starbucks for the first time. Fast forward a few decades and has grown the company to more than 28,000 locations in 77 countries. Now, he is stepping down from Starbucks amid speculation that he's mounting a 2020 Presidential campaign.

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You Can Have Lunch With Warren Buffett!

You Can Have Lunch With Warren Buffett!

04 Jun 2018 @ 4AM PDT

If you've ever dreamed of bending the ear of the Oracle of Omaha, you recently had the chance. For the 19th straight year, bidding took place for lunch for you and seven friends with billionaire Warren Buffett.

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Is NASCAR Ripe For A Sale?

Is NASCAR Ripe For A Sale?

04 Jun 2018 @ 4AM PDT

It wasn't all that long ago that NASCAR was big business. Races were jam packed with spectators. Nearly every weekend you could find a race on television. Today, there's a different story surrounding NASCAR. Declining attendance and a waning taste for the high-octane world of stock car racing has left the sport vulnerable to sale.

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Eleven Women With Youth, Beauty, Fame, And Insane Wealth

Eleven Women With Youth, Beauty, Fame, And Insane Wealth

04 Jun 2018 @ 4AM PDT

These 11 women are some of the youngest and wealthiest female billionaires in the world. Some inherited their family's money, others inherited the family business, and two who founded their own billion dollar-businesses.

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Currently Trending
Russian Billionaire Farkhad Akhmedov Loses $492M Yacht To Ex-Wife In Divorce

Russian Billionaire Farkhad Akhmedov Loses $492M Yacht To Ex-Wife In Divorce

27 Apr 2018 @ 11AM UTC
Befitting its place in the center of one of the most expensive divorces in UK history, the Luna is a nine-deck, 50-crew-member yacht, with a 20-meter outdoor swimming pool, eight smaller boats and a mini-submarine.
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Bill Gates Got Some Bitcoin For His Birthday…

Bill Gates Got Some Bitcoin For His Birthday…

14 May 2018 @ 11AM UTC
Bill Gatesrevealed on an episode of CNBC's "Squawk Box" that he does not own any cryptocurrency, but he was once given some as a birthday gift... what did he do with it?
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Could Jeff Bezos Burn Through His Entire $126 Billion Fortune?

Could Jeff Bezos Burn Through His Entire $126 Billion Fortune?

13 May 2018 @ 11AM UTC
Could Jeff Bezos find a way to blow through his entire fortune? Possibly. Bezos' net worth will continue to grow. But do you know what else continues to grow? Bezos' interest in space travel.
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Kentucky Derby Winner Justify Is Self-Made Billionaire's Horse

Kentucky Derby Winner Justify Is Self-Made Billionaire's Horse

16 May 2018 @ 11AM UTC
Justify won the 144th Kentucky Derby by 2 ½ lengths after coming into the race as a 5-2 favorite. The 3-year-old colt was the first one to win without a prior racing history since 1882. The owner of this remarkable horse is Dallas billionaire Kenny Troutt.
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Richard Branson Says He's "Neck And Neck" With Jeff Bezos In Billionaire Space Race

Richard Branson Says He's "Neck And Neck" With Jeff Bezos In Billionaire Space Race

31 May 2018 @ 11AM UTC
Richard Branson put an even finer point on the conversation than that, telling the interviewer his own first trip into space is "months away, not years away."
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OxyContin Heir Buys Bel Air Mansion For $22.5 Million IN CASH

OxyContin Heir Buys Bel Air Mansion For $22.5 Million IN CASH

15 Mar 2018 @ 11AM UTC
Purdue Pharma is the maker of the opioid painkiller OxyContin. Business must be booming, as one of the heirs of the founding family just paid $22.5 million in cash for a Bel Air home.
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Interpol Issued A Red Notice For Red Bull Heir

Interpol Issued A Red Notice For Red Bull Heir

05 Sep 2017 @ 11AM UTC
Interpol has issued a Red Notice, an international request for the arrest of the 32-year-old billionaire Red Bull heir Vorayuth Yoovidhya, who is wanted for a 2012 hit and run incident that resulted in the death of a police officer.
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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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Warren Buffett's 10 Rules To Get Rich

Warren Buffett's 10 Rules To Get Rich

18 Apr 2018 @ 11AM UTC
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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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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