Billionaire News

If a billionaire is in the news for any reason, you will read about it right here in our "Billionaire News" section. Whether that billionaire is going through an expensive divorce, buying a $100 million private island, or making a massive donation to charity, we got you covered.

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"Love Child" Daughter Of Late Billionaire Bruce Wasserstein Files $100 Million Suit Against His Five Other Children

"Love Child" Daughter Of Late Billionaire Bruce Wasserstein Files $100 Million Suit Against His Five Other Children

May 23, 2023

Bruce Wasserstein died in 2009, leaving behind six children (not counting another born to McCarthy years after his death via frozen embryo) and several lavish real estate holdings.

Now That The Washington Commanders Have Sold For $6 Billion, Here Are The 10 Most Expensive Sports Team Sales In History

Now That The Washington Commanders Have Sold For $6 Billion, Here Are The 10 Most Expensive Sports Team Sales In History

May 17, 2023

Dan Snyder, owner of the Washington Commanders in the NFL, is reportedly in the process of selling the team for a price of $6 billion. It even has a buyer lined up in an investment group led by billionaire Josh Harris.

$150 Million Jewelry Collection Owned By Widow Of Nazi Party Member And Reportedly Linked To Nazi Crimes Set To Hit Auction Block

$150 Million Jewelry Collection Owned By Widow Of Nazi Party Member And Reportedly Linked To Nazi Crimes Set To Hit Auction Block

May 11, 2023

By the time of his death in 1987, the fortune that started allegedly thanks to Nazi crimes against humanity had grown in value to a reported $1 billion, and allowed for the purchase of the jewels now being prepared for sale.

Billionaire Stephen Deckoff Buys Jeffrey Epstein's Notorious Private Islands For $60 Million

Billionaire Stephen Deckoff Buys Jeffrey Epstein's Notorious Private Islands For $60 Million

May 9, 2023

Deckoff paid $60 million for both the islands, less than half that of what they were initially listed for, and according to a press release announcing the acquisition, he plans to rehabilitate them for tourism purposes.

Phil Knight Donates $400 Million To Help Rebuild A Historically Black Neighborhood In Portland

Phil Knight Donates $400 Million To Help Rebuild A Historically Black Neighborhood In Portland

May 2, 2023

Rebuild Albina will focus on a wide variety of areas within the neighborhood, including education and housing as well as art projects, and will also seek to serve former residents who no longer live there but still work or go to school in the area.

Google CEO Sundar Pichai Given $226 Million Compensation Package

Google CEO Sundar Pichai Given $226 Million Compensation Package

Apr 27, 2023

In 2022 Google's stock declined 40% in value. In the first month of 2023, the company laid off 12,000 people. And through it all, Google CEO Sundar Pichai was awarded $226 million in compensation.

Patron Billionaire John Paul DeJoria Makes $1 Million Investment In Man-Made Coral Reefs

Patron Billionaire John Paul DeJoria Makes $1 Million Investment In Man-Made Coral Reefs

Apr 21, 2023

Billionaire John Paul DeJoria, founder of Paul Mitchell and Patron, is contributing to an effort to correct the problem of vanishing coral reefs, funding a $1 million project to create new coral reefs artificially.

Ukraine Announces Seizures Of $96 Million Worth Of Assets Belonging To Exiled Billionaire Vadym Novynskyi

Ukraine Announces Seizures Of $96 Million Worth Of Assets Belonging To Exiled Billionaire Vadym Novynskyi

Apr 20, 2023

The Security Service of Ukraine says it seized deeds of ownership to 40 different business enterprises within Ukraine, and 30 natural gas wells.

A Weird Discovery On Apple Computers Is Causing Speculation That Steve Jobs And Bitcoin Inventor Satoshi Nakamoto Are The Same Person

A Weird Discovery On Apple Computers Is Causing Speculation That Steve Jobs And Bitcoin Inventor Satoshi Nakamoto Are The Same Person

Apr 19, 2023

The notion springs from a blog post by tech figure Andy Baio, in which Baio revealed his discovery of a PDF copy of Nakamoto's original Bitcoin whitepaper on his own Mac.

18-Year-Old Ray-Ban Heir Is Now The Youngest Billionaire In The World

18-Year-Old Ray-Ban Heir Is Now The Youngest Billionaire In The World

Apr 18, 2023

Clemente Del Vecchio is 18 years old. He the youngest child of the late billionaire Leonardo Del Vecchio. Thanks to his inherited stake in sunglasses empire Luxottica, Clemente is now the youngest billionaire in the world.

Government Claims Fugees Rapper Pras Received $100 Million From Fugitive Jho Low

Government Claims Fugees Rapper Pras Received $100 Million From Fugitive Jho Low

Apr 12, 2023

The case made headlines recently when actor Leonardo DiCaprio, whose 2013 film "The Wolf of Wall Street" was partly financed by Low, was called to testify about his own associations with both Low and Michel.

A Treasury Department Disclosure May Have Just Exposed A Massive Secret Fortune

A Treasury Department Disclosure May Have Just Exposed A Massive Secret Fortune

Mar 31, 2023

If a very subtle and bland Treasury Department disclosure is accurate, someone who was secretly one of the richest people in America just died without anyone knowing the true extent of their fortune.

Meet Ryan Cohen, The Guy Who Bought 9 Million Shares Of GameStop When The Stock Was At $8…

Meet Ryan Cohen, The Guy Who Bought 9 Million Shares Of GameStop When The Stock Was At $8…

Mar 22, 2023

Anyone who owns stock in GameStop has seen their stock become exponentially more valuable over the last several days as a result, and that includes entrepreneur and "activist investor" Ryan Cohen.

Exiled Chinese Billionaire Guo Wengui Arrested By US Authorities In Connection With Alleged $1 Billion Fraud Scheme

Exiled Chinese Billionaire Guo Wengui Arrested By US Authorities In Connection With Alleged $1 Billion Fraud Scheme

Mar 22, 2023

Guo and alleged co-conspirator Kin Ming Je are charged by authorities with lying to their online followers and using their "investments" to fund a plethora of lavish expenses.

The Time Kim Kardashian Flew Home From Vegas With $250,000 In A Garbage Bag

The Time Kim Kardashian Flew Home From Vegas With $250,000 In A Garbage Bag

Mar 13, 2023

Thanks to newly-revealed FBI interview transcripts related to the government's investigation into Low's activities, we've learned of a particularly incredible story involving none other than Kim Kardashian and hundreds of thousands of dollars worth of cash, a trash bag and a Southwest flight back to LA.