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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The Son Of Murdered Married Billionaire Couple Increases Reward For Information On Their Killer To $25 Million
In a press statement made to the CBC, the younger Sherman expresses a desire for closure in the matter of his parents' murder. "Closure will not be possible until those responsible for this evil act are brought to justice," the statement reads.
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$90 Million French Riviera Villa Will Not Be Returned To Sanctioned Russian Billionaire
Ponomarenko is in the midst of a legal battle to get one of his assets back in French court: a villa reportedly valued at $88.9 million in the ultra-exclusive Saint-Jean-Cap-Ferrat on the French Riviera.
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There Are No More $200 Billionaires In The World
Roughly a year ago, controversial Tesla/Twitter CEO Elon Musk had a staggering net worth of $340 billion, while Amazon founder Jeff Bezos was worth $210 billion. Now, neither man has a fortune that even comes close to the $200 billion mark.
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The Unthinkable Just Happened: Bernard Arnault Has Overtaken Elon Musk As The Richest Person In The World
On Tuesday afternoon, Elon Musk officially slipped to the world's SECOND richest person. The world's new king of wealth is LVMH founder Bernard Arnault.
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Bernard Arnault Is Within Striking Distance Of Dethroning Elon Musk As The Richest Person In The World
Bernard Arnault is on the verge of overtaking Elon Musk as the richest person on the planet.
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Elon Musk Is Perilously Close To Losing His Status As The Richest Person In The World
A year ago Elon Musk was the richest person on the planet by a margin of more than $100 billion. Twelve months later he's lost more money than any other billionaire and and he's perilously close to losing his status as the world's richest person.
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Billionaire Leon Black Alleged To Have Committed A Sexual Assault At Jeffrey Epstein's Home In 2002
For Black's part, he has denied the allegations, and a press statement released by his attorney Susan Estrich of the law firm Estrich Goldin called the allegations "categorically false and part of a scheme to extort money from Mr. Black by threatening to destroy his reputation."
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Disgraced Crypto Mogul Sam Bankman-Fried Says He Only Has $100,000 Left To His Name
While many would probably be thrilled to log onto their online bank accounts and see a $100,000 balance, for a former billionaire like Bankman-Fried it's basically the financial equivalent of running on fumes.
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Kanye West Isn't A Billionaire Anymore And He Probably Won't Be A Billionaire Ever Again
After his repugnant appearance on Alex Jones' show, we no longer believe Kanye West is a billionaire and are highly doubtful he'll ever be a billionaire again.
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Billionaire Files $400 Million Insurance Claim Over Art Collection Pieces That "Lost Their Oomph"
Insurers, used to dealing in tangible qualities rather than subjective and possibly undefinable values such as "oomph," are taking issue with Perelman's claim, and he's suing to get them to pay up.
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Tom Ford Is The World's Newest Billionaire After Selling His Brand To Estée Lauder For $2.8 Billion
He's an actor, designer, business exec, rancher, producer, director… and thanks to a deal that was just announced, Tom Ford can now call himself BILLIONAIRE.
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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.