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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Meet Jyoti Bansal And His Version Of The American Dream

Meet Jyoti Bansal And His Version Of The American Dream

Apr 12, 2016

Patience is a virtue and timing is everything. Jyoti Bansal knows both of these things first hand. He graduated from the top engineering school in India with plans to move to America and pursue his version of the American Dream in Silicon Valley. However, obtaining a green card took longer than he thought it would…

How Billionaire Husbands Used Controversial Panamanian Law Firm To Hide Money From Their Wives

How Billionaire Husbands Used Controversial Panamanian Law Firm To Hide Money From Their Wives

Apr 11, 2016

The unprecedented document leak known as the Panama Papers are revealing how a number of the world's millionaires and billionaires hid cash and assets from their wives. These men have some explaining to do!

Billionaire William Koch To Auction Off 20,000 Bottles Of Wine

Billionaire William Koch To Auction Off 20,000 Bottles Of Wine

Apr 9, 2016

Even billionaires have to clean house every once in a while, which might be why William Koch is selling off almost half of his stock – or 20,000 bottles.

10 Billionaires Who Made Their Fortune In The Business Of Vice

10 Billionaires Who Made Their Fortune In The Business Of Vice

Apr 8, 2016

40 of the billionaires on this year's list made their fortunes in vice. This includes casino moguls, beer brewers, slot machine makers, tobacco titans, vodka barons, and online gambling impresarios.

Vietnam's First Female Billionaire Made Her Fortune From…. A Bikini Airline!

Vietnam's First Female Billionaire Made Her Fortune From…. A Bikini Airline!

Apr 7, 2016

Airline founder Nguyen Thi Phuong Thao is about to become Southeast Asia's first self-made female billionaire. She made her splash in the airline industry by dressing her stewardesses in bikinis.

Detroit Pistons Owner Tom Gores And Huntington Bank Giving $25 Million To Flint, MI

Detroit Pistons Owner Tom Gores And Huntington Bank Giving $25 Million To Flint, MI

Apr 7, 2016

Tom Gores, owner of the Detroit Pistons, is teaming up with Huntington Bank to give a total of $25 million to the people of Flint for the purpose of bolstering the city's badly hurting businesses.

How Real Estate Billionaire David Lichtenstein Bounced Back From A $7.5 Billion Bankruptcy

How Real Estate Billionaire David Lichtenstein Bounced Back From A $7.5 Billion Bankruptcy

Apr 4, 2016

David Lichtenstein has a very different real estate investment strategy today than he did a few years ago. He learned the hard way that it is bad to carry billions of dollars in debt. Sometimes you just can't dig out from a mess like that.

Salesforce CEO Marc Benioff Is Going To War For Gay Rights

Salesforce CEO Marc Benioff Is Going To War For Gay Rights

Apr 2, 2016

Benioff has taken up social justice as his pet cause. He is committed to bringing down state laws that encourage discrimination against LBGQT people.

Meet Frank Wang: The Drone Industry's First Billionaire

Meet Frank Wang: The Drone Industry's First Billionaire

Apr 1, 2016

Remember recently when that drone crash-landed on the White House lawn and nearly caused an international incident back in December? Frank Wang built that drone. In fact, he invented that drone and is the leading drone manufacturer in the world.

Russian Oil Magnate Throws Son Ridiculously Lavish $1 BILLION Wedding

Russian Oil Magnate Throws Son Ridiculously Lavish $1 BILLION Wedding

Mar 31, 2016

How much would you spend on your kid's wedding? If you're Russian oil magnate Mikhail Gutsuriev, it's upwards of $1 billion. Yes, you read that right – $1 billion. Gutsuriev, who is worth $6.2 billion, insisted he pay for the entire lavish, star-studded event, from the designer wedding dress to the A-list entertainment.

Billionaire Ayman Hariri Collects Rare Comic Books And Never Opens Them

Billionaire Ayman Hariri Collects Rare Comic Books And Never Opens Them

Mar 31, 2016

Ayman Hariri's Impossible Collection includes the world's most pristine copy of Action Comics #1, also known as the first appearance of Superman.

Saudi Prince Who Tried To Use Diplomatic Immunity In Divorce Case Denied

Saudi Prince Who Tried To Use Diplomatic Immunity In Divorce Case Denied

Mar 27, 2016

Remember Sheikh Walid Juffali? He's the guy who tried to use a shaky claim of diplomatic immunity granted to him by the island of St. Lucia to shut down his ex-wife's claims over his $5.7 billion fortune. We've got an update on the situation, here.

2016's New Billionaires

2016's New Billionaires

Mar 19, 2016

This year's batch of new billionaires is a diverse bunch. They made their money in everything from drones to musical theatre to French fries to amusement parks to after school tutoring to, of course, tech startups.

Meet The World's Youngest Billionaires – Alexandra And Katharina Andresen

Meet The World's Youngest Billionaires – Alexandra And Katharina Andresen

Mar 17, 2016

Alexandra Andresen, a 19-year-old professional dressage competitor, has been named one of the world's newest billionaires. She narrowly edges out her 20-year-old sister, Katharina, for the title of youngest billionaire, as well.

IKEA's Billionaire Owner Ingvar Kamprad Buys Secondhand Clothes To Save Money

IKEA's Billionaire Owner Ingvar Kamprad Buys Secondhand Clothes To Save Money

Mar 16, 2016

Ingvar Kamprad makes it extremely easy to dress in good faith like a billionaire – all you have to do is pick up your clothes at a thrift shop and enjoy the savings.

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