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
Netflix CEO Reed Hastings On Verge Of Losing Billionaire Status After Share Price Plunge

Netflix CEO Reed Hastings On Verge Of Losing Billionaire Status After Share Price Plunge

Apr 22, 2022

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.

Elon Musk Sports A Quarter-Trillion-Dollar Net Worth, But He Still May Not Be Able Afford To Buy Twitter

Elon Musk Sports A Quarter-Trillion-Dollar Net Worth, But He Still May Not Be Able Afford To Buy Twitter

Apr 15, 2022

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.

A $120 Million French Chateau And $7 Billion Worth Of Other Assets Were Just Seized From Roman Abramovich

A $120 Million French Chateau And $7 Billion Worth Of Other Assets Were Just Seized From Roman Abramovich

Apr 14, 2022

The sanctions noose just got MUCH tighter around Russian billionaire Roman Abramovich's neck.

After A Month Of Denials, Germany Restricted $800 Million Yacht, "Dilbar"

After A Month Of Denials, Germany Restricted $800 Million Yacht, "Dilbar"

Apr 14, 2022

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.

The United States Seizes Yacht Of Russian Oligarch Viktor Vekselberg As It Seeks To Step Up Sanctions

The United States Seizes Yacht Of Russian Oligarch Viktor Vekselberg As It Seeks To Step Up Sanctions

Apr 12, 2022

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.

Italy Just Seized An Unfathomable $115 Million Villa From A 23-Year-Old Russian Formula 1 Driver

Italy Just Seized An Unfathomable $115 Million Villa From A 23-Year-Old Russian Formula 1 Driver

Apr 11, 2022

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.

Roman Abramovich's Sale Of Chelsea FC Could Be One Of The Biggest In Sports History

Roman Abramovich's Sale Of Chelsea FC Could Be One Of The Biggest In Sports History

Apr 11, 2022

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.

Elon Musk's Net Worth Is Marching Towards $300 Billion Again

Elon Musk's Net Worth Is Marching Towards $300 Billion Again

Apr 5, 2022

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.

Two Indian Billionaires Just Joined The $100 Billion Net Worth Club For The First Time Ever

Two Indian Billionaires Just Joined The $100 Billion Net Worth Club For The First Time Ever

Apr 5, 2022

Thanks to their soaring business empires, Indian billionaires Mukesh Ambani and Gautam Adani just joined the centibillionaires club for the first time.

Who Was The Richest Person In The World 30 Years Ago?

Who Was The Richest Person In The World 30 Years Ago?

Mar 29, 2022

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.

Switzerland Seizes Holiday Home Of Russian Billionaire Petr Aven

Switzerland Seizes Holiday Home Of Russian Billionaire Petr Aven

Mar 28, 2022

Now, a three-bedroom luxury unit located inside a golf resort complex in the Bernese Oberland region that Swiss authorities say belonged to Aven is the property of the Swiss government.

MacKenzie Scott Makes Largest Donation Yet: Almost Half A Billion Dollars To Habitat For Humanity

MacKenzie Scott Makes Largest Donation Yet: Almost Half A Billion Dollars To Habitat For Humanity

Mar 28, 2022

That breaks down to $25 million to Habitat for Humanity International and $411 million spread across 84 of the organization's affiliates throughout the United States.

Elon Musk – The "Official" Richest Person In The World – Believes Vladimir Putin Is "Significantly Richer" Than He Is

Elon Musk – The "Official" Richest Person In The World – Believes Vladimir Putin Is "Significantly Richer" Than He Is

Mar 26, 2022

Elon Musk is officially the richest person in the world. But if you ask Elon, that honor actually belongs to Russian President Vladimir Putin.

Real Estate Worth $116 Million Owned By Russian Oligarch Alexey Mordashov Seized By Italian Government

Real Estate Worth $116 Million Owned By Russian Oligarch Alexey Mordashov Seized By Italian Government

Mar 24, 2022

According to Italian police, the complex of residential properties is located in the coastal town of Portisco on the Emerald Coast of Sardinia.

An Estimated $214 Billion In Russian Wealth Is Currently Being Kept In Swiss Banks

An Estimated $214 Billion In Russian Wealth Is Currently Being Kept In Swiss Banks

Mar 24, 2022

The disclosure comes as Switzerland imposed EU sanctions on Russian money being held in the country, but there are growing calls from within Switzerland for even more to be done.