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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Chinese Billionaires Lead The List Of 2021's Biggest Billionaire Net Worth Losers

Chinese Billionaires Lead The List Of 2021's Biggest Billionaire Net Worth Losers

Jan 3, 2022

Not sure if billionaires are truly capable of having "bad" years, but nevertheless, these 10 billionaires lost more money than anyone else in 2021.

Richest Person In Utah Cuts Ties With Mormon Church Over Its Negative Track Record On Civil/Racial and Women's Rights

Richest Person In Utah Cuts Ties With Mormon Church Over Its Negative Track Record On Civil/Racial and Women's Rights

Dec 31, 2021

Green had reportedly left the Mormon Church about a decade ago, but this letter serves as a formal request for all documented ties to be completely severed between the church, and Green himself, as well as 11 members of his family.

The 10 Biggest Billionaire Net Worth Winners Of 2021

The 10 Biggest Billionaire Net Worth Winners Of 2021

Dec 28, 2021

These 10 billionaires gained a collective $500 BILLION in net worth in 2021.

Dubai's Ruler Ordered To Pay Ex-Wife The Largest Divorce Settlement In British History

Dubai's Ruler Ordered To Pay Ex-Wife The Largest Divorce Settlement In British History

Dec 22, 2021

Sheikh Mohammed Al Maktoum, the Vice President and Prime Minister of the United Arab Emirates, was just ordered to pay his ex-wife the largest divorce settlement in British history.

Elon Musk Says He Will Have Paid Over $11 Billion In Taxes This Year – And It Might Be The Largest Tax Bill In US History

Elon Musk Says He Will Have Paid Over $11 Billion In Taxes This Year – And It Might Be The Largest Tax Bill In US History

Dec 21, 2021

In a tweet sent on Monday, Elon Musk revealed that he will pay $11 billion in taxes in 2021. It is certainly the largest individual tax bill of the year. It might be the largest bill ever.

Billionaire Michael Steinhardt Gives Up $70M In Stolen Relics To Authorities, Is Banned From Acquiring Antiquities For Life

Billionaire Michael Steinhardt Gives Up $70M In Stolen Relics To Authorities, Is Banned From Acquiring Antiquities For Life

Dec 10, 2021

180 items, to be precise, $70 million worth, and now Steinhardt has given the stolen items up to the authorities and submitted to a lifetime ban from acquiring any more.

Wife Of Billionaire Miami Dolphins Owner Stephen Ross Files For Uncontested Divorce

Wife Of Billionaire Miami Dolphins Owner Stephen Ross Files For Uncontested Divorce

Dec 9, 2021

The two have prenuptial agreement, but one legal expert estimates that she could still walk away with up to $300 million in the divorce, which would of course rank it as one of the most expensive in New York state history.

Self-Proclaimed Bitcoin Creator Wins Court Battle Over Long-Lost $55 Billion Bitcoin Fortune

Self-Proclaimed Bitcoin Creator Wins Court Battle Over Long-Lost $55 Billion Bitcoin Fortune

Dec 7, 2021

The bitcoins in question were some of the first ever mined by the now familiar process and were being battled for in court by the estate of the late David Kleinman, a former business associate of Wright's who died in 2013.

Elon Musk's Net Worth Drops $15 Billion In One Day And He Has Now Sold $11 Billion Worth Of Tesla In The Last 25 Days!

Elon Musk's Net Worth Drops $15 Billion In One Day And He Has Now Sold $11 Billion Worth Of Tesla In The Last 25 Days!

Dec 6, 2021

Elon Musk's net worth has dropped $70 billion from its November 4 all-time high. It dropped $15 billion on Friday alone. And he has sold $11 billion worth of shares in the last three weeks.

Microsoft CEO Satya Nadella Cashes In $300 Million Worth Of Stock – Roughly Half His Shares In The Company

Microsoft CEO Satya Nadella Cashes In $300 Million Worth Of Stock – Roughly Half His Shares In The Company

Nov 30, 2021

According to an SEC filing, Microsoft's CEO Satya Nadella just sold half of his company shares… for a $300 million windfall.

Why Is Oprah A Multi-Billionaire Instead Of A Mere Multi-Millionaire? It All Boils Down To One Brilliant Career Risk Back In 1984…

Why Is Oprah A Multi-Billionaire Instead Of A Mere Multi-Millionaire? It All Boils Down To One Brilliant Career Risk Back In 1984…

Nov 27, 2021

Oprah has been a TV star for 30+ years. By all means, today she should be a multi-millionaire regional Chicago celebrity. BUT! Thanks to one brilliant risk, today Oprah Winfrey is a multi-billionaire media mogul!

Elon Musk Sheds $50 Billion From Net Worth, Sells $8 Billion Worth Of Tesla Shares And May Be Facing A MASSIVE Tax Bill

Elon Musk Sheds $50 Billion From Net Worth, Sells $8 Billion Worth Of Tesla Shares And May Be Facing A MASSIVE Tax Bill

Nov 18, 2021

Even after shedding $50 billion in net worth and selling $8 billion worth of Tesla shares, Elon Musk is still the richest person on the planet. He also may be facing one of the richest personal tax bills in history…

Florida Lawsuit Could Finally Unmask Satoshi Nakamoto – The Mysterious $60+ Billion Father Of Bitcoin

Florida Lawsuit Could Finally Unmask Satoshi Nakamoto – The Mysterious $60+ Billion Father Of Bitcoin

Nov 17, 2021

A Florida lawsuit looks to unlock a collection of 1 million bitcoins that belong to the creator of the cryptocurrency, Satoshi Nakamoto. At today's prices, those one million bitcoins are worth $64 BILLION.

How Robert F. Smith – The Richest Black Man In America –  Is Connected To The Largest Tax Evasion Case In US History

How Robert F. Smith – The Richest Black Man In America – Is Connected To The Largest Tax Evasion Case In US History

Nov 17, 2021

Robert F. Smith, the richest black person in America, is directly connected to a $2 billion tax fraud case currently being tried by the Department of Justice.

Samsung Billionaire's Illegal Drug Use Causes More Legal Trouble

Samsung Billionaire's Illegal Drug Use Causes More Legal Trouble

Nov 11, 2021

Samsung's Jay Y. Lee has not had an easy time of it over the last few years. He's been in and out of court and prison due to a bribery scandal that rocked South Korea. Now, the vice-chairman of Samsung is facing repercussions again after admitting to illegal drug use.