Billionaire News

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French Billionaire To Open Tuition-Free School In Silicon Valley… You Won't Believe How He Made His Money!

French Billionaire To Open Tuition-Free School In Silicon Valley… You Won't Believe How He Made His Money!

May 21, 2016

Xavier Niel is a French high school dropout who made his $8.1 billion fortune in technology. Now, he's bringing his unconventional software engineering school to Silicon Valley. The school, called 42, will train future computer programmers for free.

European Business Dynasty Adds Doughnuts To Its Repertoire

European Business Dynasty Adds Doughnuts To Its Repertoire

May 18, 2016

JAB Holdings already has a massive coffee empire, and now they're taking the next logical step: doughnuts.

Sumner Redstone's Ex Manuela Herzer Isn't "Man" Enough to Get His Millions

Sumner Redstone's Ex Manuela Herzer Isn't "Man" Enough to Get His Millions

May 18, 2016

Sumner Redstone's close confident Manuela Herzer continues to question his competency in court. But he seems to know what he wants… men.

Larry Ellison Donates $200 Million To Create Cancer Center At USC

Larry Ellison Donates $200 Million To Create Cancer Center At USC

May 17, 2016

Oracle founder Larry Ellison has just donated $200 million to the University of Southern California to create a cancer research center. This donation matches the largest gift in USC history.

Bank Accidentally Transfers Millions into Malaysian Teen's Account

Bank Accidentally Transfers Millions into Malaysian Teen's Account

May 17, 2016

Four years after accidentally over drafting $3.4 million into a then seventeen-year-old Christine Jiaxin Lee's account, the Australian bank that made the mistake is filing charges against her. The Malaysian native and college student will likely have to pay the bank back everything she spent – and may find herself spending time in jail, as well.

Chinese Billionaire Treats 2,500 Employees To $7.2 Million Vacation

Chinese Billionaire Treats 2,500 Employees To $7.2 Million Vacation

May 16, 2016

The boss not only insisted that 2,500 Tien employees take a vacation, but he paid for everything too, to the tune of a little over $7.2 million.

This 34-Year-Old Russian Businessman Achieved Billionaire Status In Just 3 Years!

This 34-Year-Old Russian Businessman Achieved Billionaire Status In Just 3 Years!

May 13, 2016

It's good to have family connections, especially when you are a Russian billionaire. Krill Shamalov amassed a billion dollar fortune in just a few years. Oh, and he's married to Putin's daughter.

He's A Billionaire Thanks To Sam Adams Beer, But Jim Koch Still Can't Fly First Class

He's A Billionaire Thanks To Sam Adams Beer, But Jim Koch Still Can't Fly First Class

May 13, 2016

The next time you're flying coach to Munich, you may be surprised to find yourself sitting next to Jim Koch, the founder of the Sam Adams beer brand and a familiar face from its advertising.

Largest Diamond Found in Over a Century May Sell For Over $70 Million at Auction

Largest Diamond Found in Over a Century May Sell For Over $70 Million at Auction

May 12, 2016

A diamond the size of a tennis ball was uncovered in Botswana last November. The rock is set to break records, and the hearts of jewelry lovers everywhere.

Nicolas Berggruen, The "Homeless Billionaire," Invests $500 Million To Start Los Angeles Think Tank

Nicolas Berggruen, The "Homeless Billionaire," Invests $500 Million To Start Los Angeles Think Tank

May 12, 2016

Nicolas Berggruen has given up his wandering rich guy life since he had children, but he's now putting a significant amount of money into a new project that is tied to a single location.

Napster And Facebook Founder Donates Millions to Cancer Research

Napster And Facebook Founder Donates Millions to Cancer Research

May 12, 2016

Internet technology mogul Sean Parker announced he plans to donate $250 million to support cancer research. Parker's donation is the largest ever for cancer immunology research.

A Group Of Northern California Surfers Is Suing A Billionaire Over Beach Access

A Group Of Northern California Surfers Is Suing A Billionaire Over Beach Access

May 8, 2016

A billionaire venture capitalist is preparing to head to court to face a suit brought against him by a bunch of aging surfers. It sounds like the plot of a Point Break sequel, but it is playing out in real life for Vinod Khosla.

Billionaire Carl Icahn Gets Rid Of All His Apple Stock

Billionaire Carl Icahn Gets Rid Of All His Apple Stock

May 7, 2016

The move is an especially significant blow for Apple coming from Icahn, who in the past has been one of the most supportive investors in the company.

One Of The World's Largest Data Leaks Has Named A Number Of Billionaires In Possible Illegal Financial Activities

One Of The World's Largest Data Leaks Has Named A Number Of Billionaires In Possible Illegal Financial Activities

May 6, 2016

The documents, consisting of more than 2.6 terabytes of data, have ties to more than 130 politicians, and at least 29 billionaires. Who all has been implicated so far?

Warren Buffett Credits His Diet For Longevity And Happiness – And You Won't Believe What He Eats!

Warren Buffett Credits His Diet For Longevity And Happiness – And You Won't Believe What He Eats!

May 6, 2016

Billionaire investor Warren Buffett is in remarkably good health at 85 years old. He claims his unconventional diet is the key to his happiness and longevity.

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