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
The 10 Richest Hedge Fund Managers In The World Today

The 10 Richest Hedge Fund Managers In The World Today

Oct 15, 2021

Not only are they rich hedge fund managers, they are THE RICHEST of all hedge fund managers in the world today.

Billionaire Oleg Tinkov Agrees To Pay Over $500 Million To The IRS Over False Tax Return

Billionaire Oleg Tinkov Agrees To Pay Over $500 Million To The IRS Over False Tax Return

Oct 14, 2021

Tinkov was accused by US authorities of concealing some $1 billion in assorted financial assets, a charge which eventually led to his arrest in February of 2020.

Did GameStop Cost Michael Jordan $500 Million?

Did GameStop Cost Michael Jordan $500 Million?

Oct 11, 2021

There's a story circulating that Michael Jordan lost $500 million as a result of the GameStop insanity a few months ago. Any truth to these rumblings?

Pandora Papers Expose King of Jordan's $140 Million Personal Real Estate Portfolio – Including Three Side-By-Side Malibu Mansions

Pandora Papers Expose King of Jordan's $140 Million Personal Real Estate Portfolio – Including Three Side-By-Side Malibu Mansions

Oct 5, 2021

The so-called "Panama Papers" have exposed King Abdullah of Jordan's roughly $140 million personal real estate portfolio that includes three side-by-side Malibu mansions.

Leaked Documents Allegedly Reveal Hidden Offshore Fortunes Of Vladimir Putin's Inner Circle

Leaked Documents Allegedly Reveal Hidden Offshore Fortunes Of Vladimir Putin's Inner Circle

Oct 3, 2021

The so-called "Pandora Papers" have brought to light the alleged secret wealth of several world leaders and their associates. At the top of the list? Vladimir Putin.

Atherton Estate Of Gap Founders Don and Doris Fischer Hits The Market For $100 Million

Atherton Estate Of Gap Founders Don and Doris Fischer Hits The Market For $100 Million

Sep 29, 2021

Back in 1975, Don and Doris Fisher spent $211,000 on a home 30 miles south of San Francisco in a town called Atherton. That property is now on the market for $100 million.

Billionaire David Geffen Makes $75 Million Pledge To Columbia Business School

Billionaire David Geffen Makes $75 Million Pledge To Columbia Business School

Sep 27, 2021

His latest big gift is to the tune of $75 million to Columbia Business School – and more specifically, towards the construction of two new buildings on the school's campus in Manhattan.

Fugitive Billionaire Guo Wengui Ordered To Pay $539 Million Fine By The SEC

Fugitive Billionaire Guo Wengui Ordered To Pay $539 Million Fine By The SEC

Sep 24, 2021

The fine, technically levied against multiple companies owned by Wengui, stems from a settlement involving illegal stock and cryptocurrency sales, and was recently announced in a press release from the SEC.

After 21 Years Of Marriage Without A Prenup Hedge Fund Billionaire John Paulson Is Facing An Epic Divorce

After 21 Years Of Marriage Without A Prenup Hedge Fund Billionaire John Paulson Is Facing An Epic Divorce

Sep 23, 2021

John Paulson is one of the all-time legends of Wall Street thanks to a bet he made ahead of the 2008 housing crisis. He's about to potentially go through an all-time legendary divorce…

Canva's Latest Funding Round Boosts Founders' Net Worth To $6.5 Billion A Piece – And They Plan To Give It All Away

Canva's Latest Funding Round Boosts Founders' Net Worth To $6.5 Billion A Piece – And They Plan To Give It All Away

Sep 21, 2021

Australian startup Canva just closed a new $200 million investment round. The round values the company at $40 billion and turned husband and wife co-founders Melanie Perkins and Cliff Obrecht into multi-billionaires.

Former Dairy Farmers Become Billionaire With Red Hot Coffee Shop Dutch Bros

Former Dairy Farmers Become Billionaire With Red Hot Coffee Shop Dutch Bros

Sep 20, 2021

Brothers Dane and Travis Boersma were third-generation dairy farmers from Oregon looking for a side gig back in 1992. They settled on starting their own coffee business. Recently, Dutch Bros made its IPO and turned Travis Boersma into a billionaire.

The $600 Million Macklowe Art Collection To Be Sold Off At Auction In Divorce

The $600 Million Macklowe Art Collection To Be Sold Off At Auction In Divorce

Sep 16, 2021

How do you resolve a bitter divorce dispute over an art collection? Simple! Sell the collection and split the proceeds.

Rise In Work-From-Home During Covid Turns Thai Retail Mogul Into Billionaire

Rise In Work-From-Home During Covid Turns Thai Retail Mogul Into Billionaire

Sep 13, 2021

Adisak Tangmitrphracha is Thailand's newest billionaire thanks to the rise in people working from home due to the COVID-19 pandemic. Adisak founded a home-improvement store in 1982 and with people being stuck at home during the pandemic, home improvement projects have been on the rise and that has sent the stock of Adisak's company soaring and made him a billionaire.

Bill Gates Just Bought Controlling Interest In The Four Seasons Hotel Chain From Saudi Prince Al Waleed Bin Talal

Bill Gates Just Bought Controlling Interest In The Four Seasons Hotel Chain From Saudi Prince Al Waleed Bin Talal

Sep 9, 2021

Through his personal investment firm, Cascade Investments, Bill Gates just acquired controlling ownership in the Four Seasons.

This Chinese Billionaire Has Lost More Money Than Any Other Human In 2021

This Chinese Billionaire Has Lost More Money Than Any Other Human In 2021

Sep 1, 2021

In a year when most billionaires have seen their fortunes explode, this Chinese billionaire has watched as tens of billions of dollars got wiped from his net worth. What happened?