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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Former Teacher Becomes Billionaire Liquid Detergent Mogul
Two decades ago, Pan Dong was a teacher at a university in China. Today, she's one of the richest women in China, thanks to liquid detergent.
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How The Chearavanonts Became The Third-Richest Family In Asia
We're running down the richest families in Asia to round out 2020. Today, we're taking a look at the third-richest family in Asia: the Chearavanont family. Their $31.7 billion net worth is derived from the CP Group, a conglomerate with food, retail, and telecom units.
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How The Kwoks Became The Second-Richest Family In Asia
We're running down the richest families in Asia, to round out 2020. Today, we're taking a look at the second richest family in Asia: the Kwok family.
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Russian Billionaire Would Rather Burn His Money Than Pay His Ex-Wife's Divorce Settlement
Farkhad Akhmedov really doesn't want to pay the $572 million divorce settlement awarded to his ex-wife Tatiana Akhmedova. It's been a few years since that divorce settlement came down and Farkhad Akhmedov is still trying to nullify it.
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How The 5 Richest Families In Asia Earned Their Massive Fortunes
The 5 richest families in Asia control $198.6 billion – highlighting how the current economic climate is making rich people even wealthier and widening the gap between the wealthy and the rest of the population.
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Jay-Z Enters The Weed Game, Debuts High-End Cannabis Brand
With the legalization of marijuana becoming more and more widespread, some major players are getting into the industry. The latest to do so is billionaire rapper and mogul Jay-Z.
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Meet Austin Russell – The New Youngest Self-Made Billionaire
Move over, John Collison, there's a new youngest self-made billionaire in town. Austin Russell founded Luminar Technologies when he was 17. Now 25, his net worth has soared to $2.4 billion after his company went public on the Nasdaq recently.
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Billionaire Farkhad Akhmedov's Son Says He Lost $50 Million Trading Stocks
Temur says that money was lost on the stock market, and was not being concealed from his mother in order to keep her from getting her court-ordered divorce settlement.
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Vladimir Putin's Former Son-In-Law Reportedly Got $380 Million Stake In Chemical Company For $100 After Marrying His Daughter
It pays to be in Vladimir Putin's inner circle, apparently. Putin's former son-in-law, Kirill Shamalov, allegedly was given a $380 million stake in Russian petrochemical firm Sibur for just $100.
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MacKenzie Bezos Has Donated $4.2 Billion To Charity In The Last Four MONTHS
MacKenzie Bezos – AKA MacKenzie Scott – just revealed she has donated $4.2 billion to 384 charities. That's on top of the $1.7 billion she gave away in late July…
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How Airbnb Revolutionized The World And Earned Its Founder Brian Chesky $11 Billion
Airbnb started as three air mattresses on the floor of CEO Brian Chesky's apartment and has grown into the largest lodging provider in the world. Airbnb revolutionized the world and made Chesky a billionaire.
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Billionaire Masayoshi Son Lost $130 Million On Bitcoin Because He "Doesn't Understand" How It Works
As the story goes, a "Bitcoin evangelist" and friend of Son's encouraged him to invest at least one percent of his assets into bitcoins, which at the time came to about $200 million.
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Billionaires' Fortunes And Assets Frozen Under Allegations Of The Theft Of $6 Billion From State-Owned Bank
A civil court in England froze $5 billion in assets in half a dozen countries as part of an ongoing international legal saga that has the richest businessmen in Kazakhstan defending themselves against allegations of the theft and money laundering of $6 billion.
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Sheldon Adelson Has Donated More Money To Politicians Than Anyone Else – BY A MILE
Billionaire Sheldon Adelson and his wife Miriam have donated more money to federal political campaigns over the past two decades than anyone else in the United States – by FAR.
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Investor Bill Gross In Legal Battle Over $1M Glass Sculpture And Alleged Weaponized Use Of The "Gilligan's Island" Theme Song
The dispute has now allegedly spilled over into Gross waging psychological warfare on his neighbors by blaring the theme to TV's "Gilligan's Island" over loudspeakers, day and night.