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.

What's New
Tom Brady And Gisele Bundchen Aren't The Only Celebrities Getting Boned By The FTX Collapse

Tom Brady And Gisele Bundchen Aren't The Only Celebrities Getting Boned By The FTX Collapse

Nov 16, 2022

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

Jeff Bezos Announces Intention To Give Most Of His Fortune Away

Jeff Bezos Announces Intention To Give Most Of His Fortune Away

Nov 15, 2022

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."

Art Collection Of The Late Billionaire Paul Allen Sells For Record-Breaking $1.5 Billion At Auction

Art Collection Of The Late Billionaire Paul Allen Sells For Record-Breaking $1.5 Billion At Auction

Nov 15, 2022

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.

Vanquished In 12 Hours: Sam Bankman-Fried Just Experienced The Biggest Single-Day Wealth Evisceration Ever

Vanquished In 12 Hours: Sam Bankman-Fried Just Experienced The Biggest Single-Day Wealth Evisceration Ever

Nov 8, 2022

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.

The Family That Runs Carvana Has Seen Their Collective Net Worth Absolutely Evaporate In The Last Year

The Family That Runs Carvana Has Seen Their Collective Net Worth Absolutely Evaporate In The Last Year

Nov 7, 2022

The father and son duo in charge of Carvana have watched the company's stock — and their personal fortune — tumble.

Tiny Violin Alert: The Richest People In The World Have Lost So, So, So, Much Money In The Past Year

Tiny Violin Alert: The Richest People In The World Have Lost So, So, So, Much Money In The Past Year

Nov 2, 2022

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.

Elon Musk Moves to Cut Strings On $100 Million Golden Parachutes Owed To Outgoing Twitter CEO, CFO And Lawyer

Elon Musk Moves to Cut Strings On $100 Million Golden Parachutes Owed To Outgoing Twitter CEO, CFO And Lawyer

Oct 31, 2022

As if firing them on day one wasn't bad enough, now Elon Musk is reportedly cutting the strings on their golden parachutes.

Mark Zuckerberg Continues To Tumble Down The Rankings Of The World's Richest People (He Just Dropped Out Of The Top 30)

Mark Zuckerberg Continues To Tumble Down The Rankings Of The World's Richest People (He Just Dropped Out Of The Top 30)

Oct 31, 2022

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.

Billionaire Rick Caruso Has Poured $80 Million Into His LA Mayoral Campaign

Billionaire Rick Caruso Has Poured $80 Million Into His LA Mayoral Campaign

Oct 28, 2022

$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.

18-Year-Old South Korean Heiress Is Now The Youngest Billionaire In The World

18-Year-Old South Korean Heiress Is Now The Youngest Billionaire In The World

Oct 26, 2022

After inheriting stakes in her father's holding company NXC, 18-year-old Kim Jung-youn is now the youngest billionaire in the world.

Billionaire Snap Co-Founders Evan Spiegel And Bobby Murphy See Their Fortunes Absolutely Evaporate In The Last Year

Billionaire Snap Co-Founders Evan Spiegel And Bobby Murphy See Their Fortunes Absolutely Evaporate In The Last Year

Oct 24, 2022

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.

The Family Of George Floyd Is Planning To Sue Kanye West For $250 Million

The Family Of George Floyd Is Planning To Sue Kanye West For $250 Million

Oct 21, 2022

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.

The Bezos Family Foundation Announces $710.5 Million Pledge Towards Seattle's Fred Hutchinson Cancer Center

The Bezos Family Foundation Announces $710.5 Million Pledge Towards Seattle's Fred Hutchinson Cancer Center

Oct 17, 2022

The money will go towards cancer research at the institution, which the Bezos Family Foundation has long supported.

Boston Billionaire Rob Hale Has Donated $1 Million Per Week To A Different Small Charity This Year

Boston Billionaire Rob Hale Has Donated $1 Million Per Week To A Different Small Charity This Year

Oct 14, 2022

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.

An Inmate In A Georgia Maximum Security Prison Allegedly Stole $11 Million From A Billionaire By Impersonating Him On A Stolen Cell Phone

An Inmate In A Georgia Maximum Security Prison Allegedly Stole $11 Million From A Billionaire By Impersonating Him On A Stolen Cell Phone

Oct 13, 2022

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.