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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Tom Brady And Gisele Bundchen Aren't The Only Celebrities Getting Boned By The FTX Collapse
It's been a rough 10 days for FTX. The cryptocurrency exchange used to be on top of the world. With Bitcoin hitting record highs
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Jeff Bezos Announces Intention To Give Most Of His Fortune Away
Bezos made the pledge with his partner Lauren Sánchez, and says he is currently working on "building the capacity to be able to give away this money."
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Art Collection Of The Late Billionaire Paul Allen Sells For Record-Breaking $1.5 Billion At Auction
The price champion of the day was "Models, Ensemble (Small Version)" by Georges Seurat, which earned a reported $149.2 million all on its own.
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Vanquished In 12 Hours: Sam Bankman-Fried Just Experienced The Biggest Single-Day Wealth Evisceration Ever
When Sam Bankman-Fried went to sleep last night, he was the CEO of the world's second-largest crypto exchange, and his $15 billion net worth made him one of the 100 richest people walking the planet. Less than 24 hours later, he is neither of those things.
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The Family That Runs Carvana Has Seen Their Collective Net Worth Absolutely Evaporate In The Last Year
The father and son duo in charge of Carvana have watched the company's stock — and their personal fortune — tumble.
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Tiny Violin Alert: The Richest People In The World Have Lost So, So, So, Much Money In The Past Year
Rich people — they're just like us. Well, at least in the sense that they've also had a rough 12 months. And some have lost a TON of money.
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Elon Musk Moves to Cut Strings On $100 Million Golden Parachutes Owed To Outgoing Twitter CEO, CFO And Lawyer
As if firing them on day one wasn't bad enough, now Elon Musk is reportedly cutting the strings on their golden parachutes.
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Mark Zuckerberg Continues To Tumble Down The Rankings Of The World's Richest People (He Just Dropped Out Of The Top 30)
After an already-brutal year for Facebook, last week the company's share price fell off another cliff. Year to date the stock is down 70%. And with that drop, Mark Zuckerberg continues to tumble down the rankings of the world's richest people.
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Billionaire Rick Caruso Has Poured $80 Million Into His LA Mayoral Campaign
$40 million of Rick Caruso's $80 million in campaign spending has reportedly gone towards blanketing the greater Los Angeles area with TV commercials and other advertisements.
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18-Year-Old South Korean Heiress Is Now The Youngest Billionaire In The World
After inheriting stakes in her father's holding company NXC, 18-year-old Kim Jung-youn is now the youngest billionaire in the world.
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Billionaire Snap Co-Founders Evan Spiegel And Bobby Murphy See Their Fortunes Absolutely Evaporate In The Last Year
One year ago Evan Spiegel was worth $14 billion. 12 months and an 80%+ drop in stock price later… he's worth $1.6 billion.
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The Family Of George Floyd Is Planning To Sue Kanye West For $250 Million
In a press statement released by the Witherspoon Law Group, West's comments are tantamount to "harassment, misappropriation, defamation and infliction of emotional distress" against Floyd's family.
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The Bezos Family Foundation Announces $710.5 Million Pledge Towards Seattle's Fred Hutchinson Cancer Center
The money will go towards cancer research at the institution, which the Bezos Family Foundation has long supported.
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Boston Billionaire Rob Hale Has Donated $1 Million Per Week To A Different Small Charity This Year
No matter how you count the money up, it's an ambitious philanthropy project that could give financial stability to a lot of grassroots organizations that would otherwise be operating basically hand-to-mouth.
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An Inmate In A Georgia Maximum Security Prison Allegedly Stole $11 Million From A Billionaire By Impersonating Him On A Stolen Cell Phone
Government authorities are reportedly still searching for some of the gold that Cofield allegedly purchased using the stolen funds, not finding in the house he paid a $500,000 down payment for in cash.