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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First Flight Of Saudi Prince's $300 Million Private 747 Jet Might Be Straight To A Scrap Yard
A $300 million unused private Boeing 747 built for a Saudi prince might soon make its first flight since being commissioned a decade ago. Its destination? Straight to the scrap yard.
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Gautam Adani Is Now The Fifth-Richest Person On The Planet. His Net Worth Has Increased By $120 Billion In The Last Two Years
Not only has Gautam Adani's fortune increased more than any other billionaire in the world in 2022 so far, his explosive wealth growth just allowed him to slide above Warren Buffet as the world's fifth-richest person.
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When A Yacht Is Seized, The Seizing Government Must Pay For Its Maintenance… And That Can Be Quite A Hefty Bill
When a yacht gets seized, does it just gather dust, rust and barnacles forever? Actually, no. Thanks to a weird quirk, seized yachts will be maintained perfectly by the seizing government… at their expense!
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Here's How Much Jack Dorsey Will Take Home From Twitter's $44 Billion Sale To Elon Musk (It's Not As Much As You'd Guess)
Elon Musk just bought Twitter for $44 billion. At that level, you'd think company co-founder and former CEO Jack Dorsey would be making out like a king… He is doing very well from the deal, but maybe not as well as you'd guess.
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Netflix CEO Reed Hastings On Verge Of Losing Billionaire Status After Share Price Plunge
Hastings reportedly owns 5.2 million shares of Netflix stock. Back in October of last year, during better days at the company and when its stock price was sitting at a 52-week high of $700 per share, Hastings's own Netflix stake was valued at $3.6 billion.
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Elon Musk Sports A Quarter-Trillion-Dollar Net Worth, But He Still May Not Be Able Afford To Buy Twitter
Elon Musk is worth $250 billion. That's almost exactly six times greater than Twitter's market cap. But! Just because his net worth exceeds his $43 billion Twitter buyout offer by more than $200 billion, some question if Musk can actually afford to make this purchase a reality.
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A $120 Million French Chateau And $7 Billion Worth Of Other Assets Were Just Seized From Roman Abramovich
The sanctions noose just got MUCH tighter around Russian billionaire Roman Abramovich's neck.
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After A Month Of Denials, Germany Finally Seized Alisher Usmanov's $800 Million Yacht, "Dilbar"
According to EU authorities, Alisher Usmanov "indirectly transferred assets" to his sister. One of those assets was the now-sized $800 million yacht known as "Dilbar" -the fourth largest yacht in the world.
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The United States Seizes Yacht Of Russian Oligarch Viktor Vekselberg As It Seeks To Step Up Sanctions
The craft itself is a 250-foot luxury vessel called Tango, and according to US authorities it was purchased by Vekselberg in 2011 through a network of shell companies with the intention of avoiding financial oversight.
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Italy Just Seized An Unfathomable $115 Million Villa From A 23-Year-Old Russian Formula 1 Driver
Last month Nikita Mazepin was booted from his Formula 1 race team. Today, Italian financial police seized his $1115 million villa on the coast of Sardinia.
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Roman Abramovich's Sale Of Chelsea FC Could Be One Of The Biggest In Sports History
A $3 billion sale would represent a tidy profit for Abramovich, since he paid (per current exchange rates) about $184 million for the team in 2003. However, he is reportedly foregoing all proceeds from the sale and isn't involved in the sale in any way.
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If You Think Brooklyn Beckham's Parents Are Rich – Wait Til You Hear About His Future Father-In-Law Nelson Peltz
Brooklyn Beckham and Nicola Peltz are getting married at some point this weekend. And if you think HIS parents are wealthy, wait til you hear about HER parents.
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Elon Musk's Net Worth Is Marching Towards $300 Billion Again
The last few weeks have been extremely kind to Elon Musk. With Tesla stock soaring, his net worth is once again marching straight towards $300 billion.
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Two Indian Billionaires Just Joined The $100 Billion Net Worth Club For The First Time Ever
Thanks to their soaring business empires, Indian billionaires Mukesh Ambani and Gautam Adani just joined the centibillionaires club for the first time.
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Who Was The Richest Person In The World 30 Years Ago?
Thirty years ago, it only took about $31 billion to be the richest person in the world. Here's a look at who that man was.