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The Winklevoss Twins Are Facing A Possible Class Action Lawsuit From Gemini Investors Over Lost $900 Million In Customer Funds
The lawsuit, filed by Brendan Picha and Max J. Hastings, accuses Gemini of fraud and alleges that it "refused to honor any further investor redemptions, effectively wiping out all investors who still had holdings in the program."
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Russia Seizes $1 Billion Hotel Sochi Hotel Development From Billionaire Who Criticized Putin And The War
The seizure is supposed to be in connection to a land dispute filed by Russia's Sirius Federal Territory (established under President Putin), but the decision to seize the complex reportedly comes after the Kremlin asked Deripaska to tone down his criticisms of the war.
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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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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.
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.