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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9 Billionaires Who Lost Their Fortunes

9 Billionaires Who Lost Their Fortunes

May 26, 2021

The following people seemingly had it all – money, lavish lifestyles, anything and everything that money could buy – and lost it all. Talk about a fall from grace! What has to happen in a person's life for them to lose so much money? Lucky for you, we have the answer to that!

How Taking Magic Mushrooms Led To A Billion Dollar Fortune

How Taking Magic Mushrooms Led To A Billion Dollar Fortune

May 26, 2021

There are countless ways to make a billion dollar fortune. Take Christian Angermayer. After a lifetime of abstinence, he became a billionaire after tripping on magic mushrooms…

Steven Spielberg Lists His "Seven Seas" Superyacht For $160 Million

Steven Spielberg Lists His "Seven Seas" Superyacht For $160 Million

May 24, 2021

If you're in the market for a new yacht, AND you have $160 million… good news!

TikTok CEO Zhang Yiming Resigns With A $44 Billion Fortune So He Can "Read More Books And Daydream"

TikTok CEO Zhang Yiming Resigns With A $44 Billion Fortune So He Can "Read More Books And Daydream"

May 22, 2021

What do you do after you make $44 billion? Retire to read books and daydream of course!

Beijing Overtakes Manhattan To Become Home To The Most Billionaires

Beijing Overtakes Manhattan To Become Home To The Most Billionaires

May 21, 2021

The world has a new billionaire capital, officially. For the first time, New York City is no longer home to the largest concentration of billionaires. Beijing is the new billionaire capital of the world with 100 billionaires to New York City's 99 billionaires.

Squarespace Founder Anthony Casalena Is Officially A Billionaire After Wednesday's Rocky IPO

Squarespace Founder Anthony Casalena Is Officially A Billionaire After Wednesday's Rocky IPO

May 20, 2021

Welcome to the billionaires club Anthony Casalena!

Bernard Arnault Just Became Second-Richest Person In The World And Is On Pace To Become #1

Bernard Arnault Just Became Second-Richest Person In The World And Is On Pace To Become #1

May 18, 2021

Move aside Elon Musk, there's a new second-richest person on the planet: Bernard Arnault.

Jeff Bezos Is Reportedly Spending $500 MILLION On A Luxury Superyacht

Jeff Bezos Is Reportedly Spending $500 MILLION On A Luxury Superyacht

May 18, 2021

Biden's superyacht vision was reportedly conceived back in 2019, before the COVID-19 pandemic, but represents part of a boom for that industry over the last year, as more and more of the mega-wealthy invest in superyachts.

Billionaire John Pritzker Announces $60 Million Donation To Establish New Psychiatry Building At U.C. San Francisco

Billionaire John Pritzker Announces $60 Million Donation To Establish New Psychiatry Building At U.C. San Francisco

May 18, 2021

The building, which will be located very close to the school's Mission Bay campus, will be known as the Nancy Friend Pritzker Psychiatry Building, named after John's sister Nancy.

Elon Musk's Net Worth Dropped $25 Billion In The Week After Hosting SNL – He's Down $55 Billion From His All-Time Peak

Elon Musk's Net Worth Dropped $25 Billion In The Week After Hosting SNL – He's Down $55 Billion From His All-Time Peak

May 17, 2021

Elon went into his SNL hosting gig with a net worth of $189 billion. Seven days later, he's $25 billion poorer…

These 10 Billionaires Earned Their Fortunes Thanks To Wall Street's Latest Craze: The SPAC

These 10 Billionaires Earned Their Fortunes Thanks To Wall Street's Latest Craze: The SPAC

May 14, 2021

The SPAC craze is in full steam. What's a SPAC? It's a new way to list on the stock exchange with the purposed of buying a private company. 10 new billionaires have been made through SPACs since the beginning of 2020.

New Mexico Finally Has A Billionaire Resident – Solar Tycoon Ray Corio

New Mexico Finally Has A Billionaire Resident – Solar Tycoon Ray Corio

May 14, 2021

There are 2,755 billionaires in the world, of which 724 call the United States home. Amazingly, the great state of New Mexico never had a billionaire resident until now…

After Losing 90% Of His Wealth In 2008, Bill Miller Became A Billionaire Again Thanks To Bitcoin And Amazon

After Losing 90% Of His Wealth In 2008, Bill Miller Became A Billionaire Again Thanks To Bitcoin And Amazon

May 13, 2021

Once upon a time, Bill Miller was a successful fund manager with a healthy net worth. Then the financial crisis hit in 2008 and he lost 90% of his wealth. Today, he's built it all back and then some.

OMG Vitalik Buterin Is Dumping All His Dog Coins We Speak And Donating The Proceeds – He Technically Just Donated $1 Billion To India's COVID Fight

OMG Vitalik Buterin Is Dumping All His Dog Coins We Speak And Donating The Proceeds – He Technically Just Donated $1 Billion To India's COVID Fight

May 12, 2021

The story of Vitalik Buterin and his $20 billion stash of dog-themed coins just took a very interesting twist… One that is unfolding as we speak!

How The Richest Person In South Korea Ended Up In Prison

How The Richest Person In South Korea Ended Up In Prison

May 11, 2021

Jay Y. Lee is the richest person in South Korea. He's the heir to the Samsung family fortune. Unfortunately he can't spend any of that money right now because he's currently sitting in a prison cell.