Billionaire News | Celebrity Net Worth

A new Oxfam report illustrates the problem of growing income inequality with a pretty mind-blowing statistic: That a group of only eight men together possess enough wealth to match that which belongs to an entire half of the global population.

Some men hit middle age and date young women and drive flashy sports cars. Ken Griffin is spending hundreds of millions on condos and houses.

Tadashi Yanai, the richest man in Japan, learned about the risks of high finance during a recent bad day of stock trading for his company Fast Retailing, albeit not in a marked enough fashion to actually deplete his estimated $17 billion net worth.

A few months ago, Philippe Dauman was unceremoniously relieved of his duties as President, CEO, and Chairman of Viacom. But don't worry too much about him, he had a golden parachute.

During an interview, Charles Feeney once told a reporter: "I want the last check I write to bounce." He is well on his way to accomplishing this goal.

The founder of Bikram yoga has been ordered to turn over income from his global fitness empire to pay a $6.8 million judgment in a sexual harassment lawsuit brought against him.

Many traditional media outlets such as the New York Times, Boston Globe, and Washington Post are owned by billionaires. Let's take a look at a handful of them.

After the news came through that Icahn would accept the job, shares of Icahn Enterprises surged eight percent, bringing Icahn's own personal stake in his company from $6.8 billion to $7.3 billion.

Iranian billionaire businessman Babak Zanjani was sentenced to death by the Iranian Supreme Court. You won't believe what his crime was!

A Chinese company moving production to the U.S. goes against conventional wisdom. That didn't stop Cao Dewang.

Nearly no one on earth has the name recognition that Michael Jordan does. He has made an insane amount of money over his career on and off the court.

There are many legends surrounding Warren Buffett and his amazing fortune. Let's take a look at 11 of them.

Trump's executive-producer job will earn him around $7 million for one 16-episode season of the show, which is a good 17.5 times the $400,000 presidential salary that Trump says he won't touch.

Michael Bloomberg is throwing $360 million through his own charitable foundation, Bloomberg Philanthropies, to the cause of global anti-smoking efforts over the next five years.

A team of billionaires worth a combined $170 billion has teamed up to invest in clean energy solutions over the long term.