Billionaire News | Celebrity Net Worth

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

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.

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

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.

$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.

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

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.

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

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.

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.

The $1 billion pledge is to Pivotal Ventures, French Gates's own investment firm founded in 2015. The stated goal for the firm is to support women and families through a multitude of investments.

The settlement does not involve admitting any wrongdoing, but she is agreeing to pay $260,000 in disgorgement and another $1 million fine to settle the matter between herself and the SEC. She has also agreed not to promote any cryptocurrencies for at least three years.

The Axioma is the work of famed superyacht designer Alberto Pinto, and it was built in Turkey in 2013. It had previously been made available for charter by those who could afford the price of $558,500 per week.

At the beginning of the year, Adani's net worth was $75 billion, which was enough to make him the 13th richest person in the world. But since then, his wealth has almost doubled to the figure of almost $147 billion.