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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Yvon Chouinard Just Donated Patagonia To Charity. The Entire Company.
In what can only be described as an absolutely STUNNING move, Yvon Chouinard just donated Patagonia to charity. Not part of it. Not a billion dollars. The entire company. From now on, all Patagonia profits will go towards fighting climate change.
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Yvon Chouinard Just Wanted To Be A "Dirtbag" Rock Climber. He Became The World's Most Reluctant Billionaire, So He Gave It All Away!
When Yvon Chouinard was in his 20s he spent more than six months of each year criss crossing North America and the Alps climbing mountains with his friends and living on about 50 cents a day. Today, Chouinard is the founder of the outdoor gear company Patagonia, which reported $750 million in sales in 2015.
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Sanctioned Russian Billionaire Mikhail Fridman Offers $1 Billion To Ukraine… With Fairly Obvious String Attached (Presumably)
According to sources close to the proposal, Fridman made it in the hopes that he could get the sanctions against him lifted, while he denies making it in the first place.
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MacKenzie Scott Just Donated The Beverly Hills Compound She Bought With Jeff Bezos To Charity
A decade ago, Jeff and MacKenzie Bezos bought their first of what became a two-home Beverly Hills compound. MacKenzie just donated the $55 million property to charity.
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Gautam Adani May Soon Surpass Jeff Bezos To Become The World's Second Richest Person – He's The First Person From Asia To Crack The Top 3
Between January 1, 2022 and today, Gautam Adani's net worth has increased more than any other billionaire in the world. His current $140 billion fortune puts Gautam within striking distance of displacing Jeff Bezos as the world's second richest person.
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The Late Billionaire Microsoft Co-Founder Paul Allen's $1 Billion Art Collection Is Going Up For Auction
If the pieces end up being as valuable as pre-sale estimates indicate, the sale has the potential to be the biggest one-time public art auction in modern history.
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Warren Buffett Should Be The Richest Person In The World Right Now
If Warren Buffett wasn't so darned philanthropic, today he would be the richest person in the world.
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Russian Billionaire Dmitry Pumpyansky's Seized $74 Million Superyacht Auctioned Off To Pay Off His Defaulted Loan
This was the first time any of the superyachts seized by authorities in response to the invasion of Ukraine have been put up for public auction, following a court order in JP Morgan's favor last month.
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Billionaire Gautam Adani Pledges $7.7 Billion To Charity
Adani has been in the Billionaire's Club since 2008, but aggressive expansion in the fields of energy, media, and transport in the last couple years has seen his fortune grow substantially, to a current net worth of $108 billion.
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Prince Alwaleed May Have Made A Very Poorly Timed $500 Million Bet On Russian Energy Companies RIGHT Before The Ukraine War
In what may be a case of incredibly bad timing, Bloomberg is reporting that Saudi billionaire Prince Alwaleed bin Talal invested approximately $500 million in various Russian energy companies right around the start of the Ukraine invasion in February.
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A Group Of Billionaires Including Jeff Bezos, Michael Bloomberg, And Bill Gates Are Funding A Clean Energy "Treasure Hunt" In Melting Greenland
The hunt is on for precious minerals like coal, copper, gold, and zinc, believed to be newly available for mining in the Greenland region and some of which can be used to make batteries for electric cars.
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US Authorities Move To Seize $90 Million Plane And $156 Million Yacht Owned By Russian Billionaire Andrei Skoch
Skoch's time as the official owner of his Airbus A319-100, reportedly worth about $90 million and believed to be somewhere in Kazakhstan, seems to be drawing to a close.
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MacKenzie Scott Has Given Away More Money In The Last Three Years Than Most Billionaires Give In A Lifetime
Since her divorce from Jeff Bezos in 2019 left her with a fortune of almost $40 billion, Scott has been unusually committed to giving huge amounts of that fortune away.
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Jeff Bezos's Mega Yacht Hauled Away From Dutch Shipyard Following Public Outcry Over Bridge Disassembly Plan
Oceanco, the yacht building firm that is constructing Bezos's nearly completed yacht, has seen it turned into a public relations nightmare due to the bridge idea, which was widely mocked and criticized by both Rotterdam locals and interested people across the world.
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100 Years Ago, One Random Guy Owned 5% Of All Oil Found In Iraq… And YES He Died One Of The Richest People On The Planet
100 years ago, a British-Armenian oil explorer forged a deal with several major oil companies to search for oil in what is now Iraq. For his efforts he set aside 5% of all oil found for himself…