Billionaire News

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An Insanely Rich Doctor You've Never Heard Of Made $150 Million Last Year

An Insanely Rich Doctor You've Never Heard Of Made $150 Million Last Year

May 3, 2016

Soon-Shiong is the billionaire chief executive of the biotech company NantKwest Inc., for which he reportedly received a pay package potentially valued at nearly $150 million.

The Billionaire Developer Who Changed The Way Southern Californians Shop

The Billionaire Developer Who Changed The Way Southern Californians Shop

May 2, 2016

The shopping mall concept in Southern California has evolved into an outdoor entertainment destination that is equal parts Rodeo Drive and Disneyland. The man behind this movement is billionaire real estate developer Rick Caruso. The shopping centers Caruso builds are mixed-use, open-air shopping centers that recall an idyllic town square.

These Are The World's 10 Wealthiest Real Estate Tycoons

These Are The World's 10 Wealthiest Real Estate Tycoons

May 1, 2016

Real estate is almost always a good investment and these 10 people prove that. They are the wealthiest real estate tycoons in the world, with a combined net worth of $123 billion. They have made the bulk of their net worth from real estate development, management, and/or investment.

Chobani Founder Does It Again: Employee Stock Deal Could Make Some Of Them Millions!

Chobani Founder Does It Again: Employee Stock Deal Could Make Some Of Them Millions!

May 1, 2016

Hamdi Ulukaya, the founder of Chobani Yogurt has gone and proven once again what an amazing human being he is. He's giving his 2,000 full-time employees a stake in his company that could make some of them millionaires.

Millionaire Coal Baron Gets One-Year Prison Sentence for Mine Safety Conspiracy

Millionaire Coal Baron Gets One-Year Prison Sentence for Mine Safety Conspiracy

Apr 30, 2016

The millionaire former-CEO of a coal mining company was recently sentenced to a one-year prison term and a $250,000 fine after he was found guilty of violating mine safety standards. In 2010, an explosion linked to unsafe working conditions in one of his company's mines killed 29 workers.

Billionaire Didn't Notice For Years That Her $1M Picasso Painting Was Stolen

Billionaire Didn't Notice For Years That Her $1M Picasso Painting Was Stolen

Apr 28, 2016

You know you're seriously rich when a million-dollar painting can be stolen from your home, and it takes you many years to notice that it's gone.

New Jersey Will Lose $400 Million If This ONE Billionaire Moves To Florida

New Jersey Will Lose $400 Million If This ONE Billionaire Moves To Florida

Apr 25, 2016

Hedge fund billionaire David Tepper is planning to move from New Jersey to Florida to avoid paying millions in income taxes. While this is great news for Tepper, it's causing panic for the New Jersey Treasury Department, as it stands to lose upwards of $140 million per year in income tax revenue.

The Legal Battle Over Les Wexner's $16.5 Million Ferrari Is Finally Over

The Legal Battle Over Les Wexner's $16.5 Million Ferrari Is Finally Over

Apr 24, 2016

After 18 months and untold millions in legal fees on all sides, the case has been settled with a particularly agreeable outcome for Wexner: He finally gets the car that he bought.

Hotel Billionaire Robert Bigelow's Bigelow Aerospace Launches Inflatable Habitat Into Space

Hotel Billionaire Robert Bigelow's Bigelow Aerospace Launches Inflatable Habitat Into Space

Apr 23, 2016

Robert Bigelow's Bigelow Aerospace developed an inflatable habitat that was recently launched into space on board the SpaceX CRS-8 Dragon rocket.

Here Are The Things That Keep Insanely Rich People Up At Night

Here Are The Things That Keep Insanely Rich People Up At Night

Apr 23, 2016

We all have worries that keep us up at night. We worry about our loved ones, our jobs, our finances, our health. The ultra wealthy are really not any different. They worry too, albeit on a grander scale.

The Fifty Largest U.S. Companies Have More Money Stored Offshore Than Mexico's Entire GDP

The Fifty Largest U.S. Companies Have More Money Stored Offshore Than Mexico's Entire GDP

Apr 21, 2016

Especially if you had to pay additional taxes while filing this year, the information in this article might make you quite upset.

Yuri Milner and Stephen Hawking's Space Exploration Project Gets A New $100 Million Mission

Yuri Milner and Stephen Hawking's Space Exploration Project Gets A New $100 Million Mission

Apr 20, 2016

The pair of Stephen Hawking and Yuri Milner have announced an even more exciting space exploration initiative, with another $100 million price tag.

Casino Billionaire Steve Wynn: "Nobody Likes Being Around Poor People"

Casino Billionaire Steve Wynn: "Nobody Likes Being Around Poor People"

Apr 17, 2016

Billionaire Steve Wynn put his foot in his mouth during a recent presentation to investors.

A Billionaire Who Vows To Die Broke Is Teaching People How To Ask For Money More Effectively

A Billionaire Who Vows To Die Broke Is Teaching People How To Ask For Money More Effectively

Apr 15, 2016

Sanford is funding a series of seminars that aims to instruct fundraisers on how to seek donations and funding pledges from philanthropists, like Sanford himself, more effectively.

Alaska Airlines Is Acquiring Virgin America For $4 Billion!

Alaska Airlines Is Acquiring Virgin America For $4 Billion!

Apr 14, 2016

Alaska Airlines is paying a hefty price for the Branson-owned Virgin America, but it is worth it?

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