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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How An Epic Life Of Extravagant Partying Turned Vijay Mallya Into A Bankrupt Fugitive Billionaire
Vijay Mallya was a liquor tycoon and billionaire known for his lavish lifestyle and extravagant partying. He fled to the UK after racking up more than $1 billion in debt. Banks and the government are STILL trying to extradite him on bank fraud and money laundering charges.
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Tesla Paid Elon Musk $6.7 Billion Last Year – The Biggest CEO Pay Package In History
Elon Musk was the highest-paid CEO in the world in 2020 by a factor of 12. The Tesla CEO earned a whopping $6.7 BILLION last year.
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30 Years Ago Jerry Jones Bought The Dallas Cowboys For $60 Million… Today The Team Is Worth $6.5 Billion
On February 25th, 1989, an oil man named Jerry Jones got a bargain on the Dallas Cowboys, actually his second choice for an NFL team to buy.
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With Its Upcoming IPO Chobani Founder Hamdi Ulukaya And His Employees Are Going To Get Rich
Chobani yogurt founder Hamdi Ulukaya did not grow up wealthy by any means. He is the son of Turkish dairy farmers who made feta cheese. He knows what it's like to bust your butt as a factory or farm worker. And when Chobani goes public in the coming weeks both Hamdi AND his employees are going to get rich!
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Is Rihanna A Billionaire? Sure. Why Not.
On Wednesday morning, Forbes announced that Rihanna had officially entered the billionaire ranks with a net worth of $1.7 billion. Is it true? Sure. Why not.
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Chinese Education Tycoon Has Lost 99% Of His Net Worth Since The Start Of The Year
Chinese education CEO Larry Chen started the year as one of the richest people in the world. Fast forward a few months and 99% of his net worth has evaporated.
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Robinhood's Co-Founders Will Be Paper Multi-Billionaires After Upcoming IPO And Could Make Billions More From A Generous Incentive Plan
Robinhood co-founders Vlad Tenev and Baiju Bhatt are set to make a massive fortune when their company goes public in the coming weeks.
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100 Years Ago This Lesser-Known Railroad Tycoon Was One Of The Richest People In The World
Arthur Curtiss James was a prolific railroad tycoon – he owned roughly 40,000 miles of railroad track – about one-seventh of the entire railroad network in the United States when he died in 1941. He was one of the richest Americans in the 1920s and 1930s with a net worth of $60 million, which is equivalent to nearly $1 billion today.
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Sorry Kanye! Robert F. Smith Is Back On Top As The Richest Black Person In America
Sorry Kanye! Your reign as the richest black person in America has come to an end… for now. Robert F. Smith has re-taken the crown!
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When The Titanic Sank, 20-Year-Old Vincent Astor Became One Of The Richest Men In The World
One of the richest men in the world, John Jacob Astor, died when the Titanic sank. And with that tragedy, John Jacob Astor's son Vincent Astor went from being an undergraduate at Harvard to the richest man in the world
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Chinese Government Orders Billionaire To Lie Low After He Published Controversial Poem
Things are weird over in China. One billionaire, Wang Xing has been warned by the government that he better lay low after he posted a poem that sent the stock market into a frenzy and sparked a social media firestorm.
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These Three Heiresses Inherited Billion-Dollar Fortunes When They Were Still Children
Some children of billionaires never inherit their family fortunes. These three heiresses inherited billions when they were still young children.
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For The First Time In History, There Are 10 People On The Planet With Net Worths Greater Than $100 Billion
There are 10 people walking the earth this weekend with net worths larger than $100 billion. This has never existed previously.
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Steve Ballmer Joins The $100 Billionaire Club The Same Day His Eye-Popping Sports Team Tax Loophole Is Exposed
It's been a good news/bad news day for Steve Ballmer. On the one hand he joined the $100 billionaire club. On the other hand…
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For The First Time In History A Self-Made Person Is The Richest In South Korea
For the first time ever the richest person in Korea is not from the Samsung or Hyundai chaebols, it's a self-made billionaire named Seo Jung-jin, the co-founder of pharmaceutical company Celltrion.