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.

What's New
Bill Gates Has Donated $35 Billion So Far This Year But His Net Worth Hasn't Changed

Bill Gates Has Donated $35 Billion So Far This Year But His Net Worth Hasn't Changed

27 Sep 2019 @ 4AM PDT

Bill Gates has added an additional $16 billion to his net worth and donated $35 billion to charity through his Bill and Melinda Gates Foundation so far this year.

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Billionaire's Adult Son Is Allegedly A Hooker Loving, Coke Snorting, Gambling Addict Who Threatened To Kill His Shrink

Billionaire's Adult Son Is Allegedly A Hooker Loving, Coke Snorting, Gambling Addict Who Threatened To Kill His Shrink

25 Sep 2019 @ 4AM PDT

The son of an Ohio billionaire threatened to destroy his psychiatrist and his practice. The doctor describes his patient as a hooker-loving drug addict who gambled away millions of dollars in Las Vegas, ran up credit card bills, and borrowed money from mobsters.

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T. Boone Pickens Leaves Behind His $250 Million Ranch For Sale

T. Boone Pickens Leaves Behind His $250 Million Ranch For Sale

23 Sep 2019 @ 4AM PDT

The Mesa Vista Ranch, which sprawls across nearly 65,000 acres northeast of the city of Amarillo, is said to be home to the "world's best quail hunting."

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Warren Buffet Had A Direct Hand In Making His Right Hand Man, Charlie Munger, A Billionaire

Warren Buffet Had A Direct Hand In Making His Right Hand Man, Charlie Munger, A Billionaire

21 Sep 2019 @ 4AM PDT

Warren Buffett isn't the only person who has benefitted from the success of Berkshire Hathaway. At least seven other people and families have become members of the 10 figure club thanks to their stakes in Buffett's conglomerate. Buffett's right-hand-man, Charlie Munger, is one of them.

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Warren Buffett Inadvertently Made Owner Of A Modest Welding Supply Company A Billionaire

Warren Buffett Inadvertently Made Owner Of A Modest Welding Supply Company A Billionaire

19 Sep 2019 @ 4AM PDT

Warren Buffett isn't the only person who has benefitted from the success of Berkshire Hathaway. At least seven other people and families have become members of the 10-figure club thanks to their stakes in Buffett's conglomerate. Stewart Horejsi is one of those people.

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Carl Icahn Is Leaving New York For Florida And Taking Half His Staff With Him

Carl Icahn Is Leaving New York For Florida And Taking Half His Staff With Him

18 Sep 2019 @ 4AM PDT

Billionaire Carl Icahn is a born and bred New Yorker who has always run his business from Manhattan. But soon that will no longer be the case. Early next year, Icahn is picking up stakes and moving himself, his office, and more than half his staff to Florida.

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New York Attorney General Found $1 Billion In Wire Transfers By The Purdue Pharma Sackler Family

New York Attorney General Found $1 Billion In Wire Transfers By The Purdue Pharma Sackler Family

18 Sep 2019 @ 4AM PDT

Not only are there more than 2,000 lawsuits against Purdue Pharma and the Sackler family for their role in the opioid crisis, but now, the New York attorney general's office has uncovered about $1 billion in wire transfers by the Sackler family.

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The Strange Story Of a Venezuelan Mogul, British Financier And Russian Shipping Tycoon Who Allegedly Swapped Secrets For A Florida Billionaire's Sex Tape

The Strange Story Of a Venezuelan Mogul, British Financier And Russian Shipping Tycoon Who Allegedly Swapped Secrets For A Florida Billionaire's Sex Tape

17 Sep 2019 @ 4AM PDT

Novoship, a Russian shipping giant is suing a debt collector and his employer for allegedly trading confidential documents for a sex tape belonging to – or perhaps the right term is featuring the performance of – 61-year-old American oil billionaire Harry Sargeant III.

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Purdue Pharma Collapses Under Weight Of OxyContin Lawsuits, Files For Chapter 11 Bankruptcy

Purdue Pharma Collapses Under Weight Of OxyContin Lawsuits, Files For Chapter 11 Bankruptcy

16 Sep 2019 @ 10AM PDT

OxyContin maker Purdue Pharma filed for Chapter 11 bankruptcy on Sunday, finally succumbing to the weight of the thousands of lawsuits against the company from cities, counties, states, and individuals.

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Infamous Ex-Oculus Chief Palmer Luckey's Virtual Border Wall Company Valued At More Than $1 Billion

Infamous Ex-Oculus Chief Palmer Luckey's Virtual Border Wall Company Valued At More Than $1 Billion

16 Sep 2019 @ 4AM PDT

Remember Palmer Luckey? When Mark Zuckerberg testified before Congress in the spring of 2018, Ted Cruz took particular interest in why the Oculus founder had been fired from Facebook. Now, Luckey's latest startup has been valued at $1 billion.

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Billionaire B. Wayne Hughes Anonymously Donated $400 Million To USC

Billionaire B. Wayne Hughes Anonymously Donated $400 Million To USC

14 Sep 2019 @ 4AM PDT

The bulk of Hughes' gifts are reported to have come between 2010 and 2015, during which he gave a total of $360 million to the university.

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SmileDirectClub IPO Has Minted Three New Nashville-Based Billionaires

SmileDirectClub IPO Has Minted Three New Nashville-Based Billionaires

13 Sep 2019 @ 4AM PDT

SmileDirectClub, the online clear braces company, has filed paperwork to make its initial public offering. In doing so, it will make the company's two 30-year-old co-founders and the company's CEO the newest members of the billionaire's club.

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TOPSHOP Billionaire Philip Green Sheds $3 Billion From Net Worth, Amid British Retail Apocalypse

TOPSHOP Billionaire Philip Green Sheds $3 Billion From Net Worth, Amid British Retail Apocalypse

13 Sep 2019 @ 4AM PDT

The UK, like many other places, is in the middle of a "retail apocalypse," with traditional brick and mortar stores shuttering due to the onslaught of online shoppers – particularly millennials. TOPSHOP billionaire Philip Green. isn't immune to this wave of retail malaise.

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Here Are The Five Most Common Regrets Reported By 21 Self-Made Billionaires

Here Are The Five Most Common Regrets Reported By 21 Self-Made Billionaires

12 Sep 2019 @ 4AM PDT

Even the self-made billionaires of the world suffer from the universal feeling of regret, and these are a few of the most commonly reported ones.

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Jin Sook And Do Won Chang Are No Longer Billionaires: The Rise And Fall Of Forever 21

Jin Sook And Do Won Chang Are No Longer Billionaires: The Rise And Fall Of Forever 21

11 Sep 2019 @ 4AM PDT

We've covered the amazing rags to riches success story of Jin Sook and Do Won Change and Forever 21 rather extensively. Now, there are reports that the once thriving fast fashion retailer is preparing to declare bankruptcy.

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