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
Patrick Soon-Shiong No Longer Richest Man In Los Angeles

Patrick Soon-Shiong No Longer Richest Man In Los Angeles

Apr 30, 2017

Patrick Soon-Shiong's companies are losing tens of millions of dollars quarterly, have decimated Soon-Shiong's net worth, and dethroned him as the richest man in Los Angeles.

Jeff Bezos Is Closer Than Ever To Being The Richest Person On The Planet

Jeff Bezos Is Closer Than Ever To Being The Richest Person On The Planet

Apr 28, 2017

Thanks to a recent spike in Amazon share price, Jeff Bezos keeps inching closer and closer to overtaking Bill Gates as the richest person in the world.

Australian Toy Maker Born In A Refugee Camp Becomes Billionaire

Australian Toy Maker Born In A Refugee Camp Becomes Billionaire

Apr 24, 2017

Manny Stul took over Moose Toys 16 years ago. In that time, the company has had a 7,200% boost in sales. Where he is today is a long way from where he started out.

Mysterious Bitcoin Founder Possibly Worth Over $1 Billion

Mysterious Bitcoin Founder Possibly Worth Over $1 Billion

Apr 22, 2017

This computer science and cryptology expert is now worth over a $1 billion, but nobody knows who he is.

Billionaire Larry Ellison Spends Nearly $50M On Tenth "Billionaire's Beach" Home

Billionaire Larry Ellison Spends Nearly $50M On Tenth "Billionaire's Beach" Home

Apr 21, 2017

Owning ten homes on "Billionaire's Beach" is such an expensive feat that you might expect Ellison to skimp when it comes to the house itself, but it's not so: He reportedly dropped $48 million to acquire the five-bedroom, 7,700-square-foot house designed by Getty Center architect Richard Meier.

How Amazon Came Within An Inch Of Being Decimated By The Dot-Com Boom

How Amazon Came Within An Inch Of Being Decimated By The Dot-Com Boom

Apr 17, 2017

Amazon's Jeff Bezos is the world's second-richest man. After surviving the dot-com bubble 15 years ago, he's also one of the luckiest.

Lawsuits Mount Against Purdue Pharma And The Billionaire Family Responsible For OxyContin

Lawsuits Mount Against Purdue Pharma And The Billionaire Family Responsible For OxyContin

Apr 17, 2017

The mayor of one small working-class town – Everett, Washington – has decided to take on Purdue Pharma directly in an effort to stem the devastation OxyContin has caused in his town.

Wow, That Was Quick! Amancio Ortega Snatches "Second Richest" Crown From Jeff Bezos

Wow, That Was Quick! Amancio Ortega Snatches "Second Richest" Crown From Jeff Bezos

Apr 14, 2017

Sorry Mr. Bezos, your reign as the second-richest person on earth has ended. For now.

Jeff Bezos Is Selling $1 Billion Of Amazon Stock Every Year For An Awesome Reason

Jeff Bezos Is Selling $1 Billion Of Amazon Stock Every Year For An Awesome Reason

Apr 14, 2017

Last week, Jeff Bezos said he is selling roughly $1 billion of Amazon stock each year to fund his space exploration company, Blue Origin.

Warren Buffett Is The New Face Of Cherry Coke… In China

Warren Buffett Is The New Face Of Cherry Coke… In China

Apr 13, 2017

Warren Buffett is a billionaire investor known as the "Oracle of Omaha." He is one of the founders of the Giving Pledge. He is famously frugal. He loves his Cherry Coke.

Billionaire Daryl Katz Accused Of Offering Actress Millions For Sex And Movie Roles

Billionaire Daryl Katz Accused Of Offering Actress Millions For Sex And Movie Roles

Apr 13, 2017

Billionaire Daryl Katz, owner of the NHL's Edmonton Oilers, is accused of offering a Brazilian model and actress nearly $1.5 million a year for sex.

Billionaire Jeff Greene Relists His "Palazzo di Amore" For $129 Million

Billionaire Jeff Greene Relists His "Palazzo di Amore" For $129 Million

Apr 11, 2017

Have $129 million to spare? Well, we have the house for you!

Gina Rinehart Just Can't Escape The Wrath Of Her Kids

Gina Rinehart Just Can't Escape The Wrath Of Her Kids

Apr 8, 2017

Australian billionaire Gina Rinehart has had her fair share of family drama over the last several years and it doesn't look like it is going to end anytime soon.

Elon Musk Has Launched Another New Company That Wants To Merge Your Brain With A Computer

Elon Musk Has Launched Another New Company That Wants To Merge Your Brain With A Computer

Apr 7, 2017

Elon Musk is backing a company that will allow humans to merge their brains with a computer…

Panda Express Founders Make Huge Donation To Caltech's Medical Engineering Department

Panda Express Founders Make Huge Donation To Caltech's Medical Engineering Department

Apr 5, 2017

With a $30 million donation to Caltech's medical engineering department, that department will now be known as The Andrew and Peggy Cherng Department of Medical Engineering.