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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Russian Oil Billionaire Reportedly Dies From "Toad Venom Poisoning"
Whatever the larger story behind these deaths may be, it's truly bizarre to read of a prominent businessman dying in such a strange and unusual way – like something out of a mystery novel.
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Robinhood Co-Founders Are No Longer Billionaires After 80% Stock Drop
As many of their customers have learned in the last year, the stock market gives… and then she takes away.
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Back In 2013, Elon Musk Came Within An Inch Of Selling Tesla For… $6 Billion
It might be hard to believe now, but in the early part of 2013, things weren't going too well for Tesla. And Musk approached Google with an unusual proposal.
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Who Were The 10 Richest People In The World In 1991?
The world sure looked different 30 years ago—but we still had plenty of billionaires. Here are the 10 richest people from back then.
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A Little-Known Ad Tech CEO Made $835 Million In 2021 – More Than Any Other Public Company CEO On The Planet
Should all seven of the package's stock market benchmarks are met by the company, Green could eventually stand to make anywhere from $1.8 billion to $5.2 billion worth of new shares.
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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.