Billionaire News

Stay updated on the world's wealthiest individuals. Read the latest on billionaire business moves, secret fortunes, and the financial empires of the 0.001%.

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Warren Buffett Is Winning A Million-Dollar Bet Against Hedge Funds

Warren Buffett Is Winning A Million-Dollar Bet Against Hedge Funds

Mar 5, 2017

Warren Buffett puts hedge funds on blast as he celebrates his "million-dollar bet"

Mumbai Is The Richest City In India With Total Wealth In The Hundreds Of Billions

Mumbai Is The Richest City In India With Total Wealth In The Hundreds Of Billions

Mar 3, 2017

Interestingly, Mumbai's first-place position in this particular financial race isn't even close, with second place city Delhi clocking in with a little over half of Mumbai's total wealth.

Billionaire Carlos Slim Wants To Make Electric Cars In Mexico

Billionaire Carlos Slim Wants To Make Electric Cars In Mexico

Mar 2, 2017

In creating the first 100 percent Mexican electric car, Slim is partnering with Grupo Bimbo, a Mexican company known as the world's largest manufacturer of bread.

This Japanese Billionaire Is Taking A Gamble On The Philippines

This Japanese Billionaire Is Taking A Gamble On The Philippines

Feb 28, 2017

Kazuo Okada is taking a big gamble that a city which has suffered under decades of poverty and corruption is ready to reinvent itself into a luxury tourism destination

Andrey Melnichenko's Giant $400M Yacht Impounded By Gibraltar Port Authority

Andrey Melnichenko's Giant $400M Yacht Impounded By Gibraltar Port Authority

Feb 27, 2017

The dispute at the heart of this action is between Melnichenko and Nobiskrug, the company that built the superyacht, and which claims it's owed more than $16 million by Melnichenko.

Samsung Heir Arrested On Corruption Charges

Samsung Heir Arrested On Corruption Charges

Feb 25, 2017

It looks like Samsung has bigger problems than exploding phones. Lee Jae-yong, the vice chairman of Samsung Electronics has been arrested on corruption charges.

In Vladimir Putin's Russia, You Either Agree With Him Or You Lose Your Life

In Vladimir Putin's Russia, You Either Agree With Him Or You Lose Your Life

Feb 24, 2017

You don't want to get on the wrong side of Vladimir Putin. If you do, the chances of going missing or turning up dead are pretty likely.

Warren Buffett's Laguna Beach Vacation Home Is For Sale

Warren Buffett's Laguna Beach Vacation Home Is For Sale

Feb 24, 2017

Warren Buffett doesn't live in some metropolitan castle, but instead in a relatively simple home in Nebraska, and now his residential situation is getting pared down even further with the listing of his Laguna Beach summer home.

Tech Billionaires Building Fortresses In Preparation For The Apocalypse

Tech Billionaires Building Fortresses In Preparation For The Apocalypse

Feb 23, 2017

We have to ask ourselves what the Silicon Valley billionaires prepping for doomsday know that we don't.

This Man Sold Enough $50 Chainsaws To Become A Billionaire

This Man Sold Enough $50 Chainsaws To Become A Billionaire

Feb 23, 2017

Los Angeles billionaire Eric Smidt sold enough $50 discount chainsaws to join the 10-figure club.

Meet The Chinese Billionaire Who Wants To Bring Professional Hockey To China

Meet The Chinese Billionaire Who Wants To Bring Professional Hockey To China

Feb 21, 2017

Zhou Yunjie is a self-made Chinese billionaire with a dream: to bring the sport he loves to his country. That sport is hockey. It isn't as far fetched a dream as you'd think…

The Complicated Billionaire Behind The Dakota Access Pipeline

The Complicated Billionaire Behind The Dakota Access Pipeline

Feb 21, 2017

The billionaire behind the controversial Dakota Access Pipeline would really rather talk to you about music, country music to be exact.

Oprah Sold A Painting For $150 Million Last Year

Oprah Sold A Painting For $150 Million Last Year

Feb 19, 2017

One of the biggest, most lucrative private art sales of 2016 happened between billionaire media mogul Oprah Winfrey and an anonymous buyer somewhere in China.

Jose Cuervo Goes Public, Makes Billionaires Out Of Tequila Industry Pioneers

Jose Cuervo Goes Public, Makes Billionaires Out Of Tequila Industry Pioneers

Feb 19, 2017

Jose Cuervo has been led by the founder's family for 11 generations. In early February, the IPO of the company made Jose Cuervo's descendants billionaires.

Raiders Still Planning To Move To Vegas With Or Without Sheldon Adelson's Help

Raiders Still Planning To Move To Vegas With Or Without Sheldon Adelson's Help

Feb 18, 2017

Mark Davis is determined to move the Raiders to Las Vegas with or without Sheldon Adelson. He just needs $650 million to do it.

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