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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After 21 Years Of Marriage Without A Prenup Hedge Fund Billionaire John Paulson Is Facing An Epic Divorce
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…
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Canva's Latest Funding Round Boosts Founders' Net Worth To $6.5 Billion A Piece – And They Plan To Give It All Away
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.
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Former Dairy Farmers Become Billionaire With Red Hot Coffee Shop Dutch Bros
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.
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The $600 Million Macklowe Art Collection To Be Sold Off At Auction In Divorce
How do you resolve a bitter divorce dispute over an art collection? Simple! Sell the collection and split the proceeds.
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Rise In Work-From-Home During Covid Turns Thai Retail Mogul Into Billionaire
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.
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Bill Gates Just Bought Controlling Interest In The Four Seasons Hotel Chain From Saudi Prince Al Waleed Bin Talal
Through his personal investment firm, Cascade Investments, Bill Gates just acquired controlling ownership in the Four Seasons.
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This Chinese Billionaire Has Lost More Money Than Any Other Human In 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?
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Tim Cook Just Made $750 Million
Tim Cook just received a $750 million payday. Aka enough money to buy all the dongles he could ever need.
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Google's Low Profile "Third Founder" Is Going Through Very A High Profile Billion Dollar Divorce Battle
Scott Hassan is the low profile "third founder" of Google. As a result, he is a billionaire. Unfortunately his low profile is about to be blown thanks to a very high profile public divorce battle.
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Elon Musk Regains Status As The Richest Person In The World
It's been a tough few weeks for Jeff Bezos. His beloved rocket launch was widely mocked as a pointless, penis-shaped, waste of money. He's no longer CEO of Amazon. And worst of all, he's no longer the richest person in the world. That crown now rests atop the noggin of Elon Musk.
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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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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.