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Mark Zuckerberg Continues To Tumble Down The Rankings Of The World's Richest People (He Just Dropped Out Of The Top 30)
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.
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Billionaire Rick Caruso Has Poured $80 Million Into His LA Mayoral Campaign
$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.
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18-Year-Old South Korean Heiress Is Now The Youngest Billionaire In The World
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
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.
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The Bezos Family Foundation Announces $710.5 Million Pledge Towards Seattle's Fred Hutchinson Cancer Center
The money will go towards cancer research at the institution, which the Bezos Family Foundation has long supported.
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Boston Billionaire Rob Hale Has Donated $1 Million Per Week To A Different Small Charity This Year
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.
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An Inmate In A Georgia Maximum Security Prison Allegedly Stole $11 Million From A Billionaire By Impersonating Him On A Stolen Cell Phone
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.
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Melinda French Gates Reveals More About Her $1 Billion Fight For Gender Equality
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.
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SEC Orders Kim Kardashian To Pay $1.6 Million Settlement Over Cryptocurrency Promotion
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.
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Sanctioned Russian Billionaire Dmitry Pumpyansky's Yacht, Estimated To Be Worth $75 Million, Sells For Half That
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.
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Gautam Adani Has Officially Surpassed Jeff Bezos To Become The World's Second Richest Person
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.
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Money Shot: Leaked Email Reveals Huge Earnings Of Kim Kardashian's Infamous… "Home Movie"
"Kim Kardashian, Superstar" had made close to $1.5 million in the first six weeks of its release, with the bulk of the money – $1,255,578.50, coming from sales of the tape on DVD.
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Mark Zuckerberg Is No Longer One Of The 20 Richest People In The World
First Mark Zuckerberg dropped out of college. Now he's dropping out of the upper echelons of the world's wealthiest rankings.
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Yvon Chouinard Just Donated Patagonia To Charity. The Entire Company.
In what can only be described as an absolutely STUNNING move, Yvon Chouinard just donated Patagonia to charity. Not part of it. Not a billion dollars. The entire company. From now on, all Patagonia profits will go towards fighting climate change.
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Sanctioned Russian Billionaire Mikhail Fridman Offers $1 Billion To Ukraine… With Fairly Obvious String Attached (Presumably)
According to sources close to the proposal, Fridman made it in the hopes that he could get the sanctions against him lifted, while he denies making it in the first place.