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
Jack Dorsey Has Reportedly Been Meeting With Jay-Z Over Potential Tidal Purchase

Jack Dorsey Has Reportedly Been Meeting With Jay-Z Over Potential Tidal Purchase

Jan 4, 2021

Dorsey has met with Jay-Z at least twice over the last several months, and though the substance of those conversations aren't public, a source claims that Dorsey is interested in diversifying Square's holdings by grabbing Tidal.

How The Walton Family Became The Richest Family In America, With A Combined Net Worth Of $247 Billion

How The Walton Family Became The Richest Family In America, With A Combined Net Worth Of $247 Billion

Jan 4, 2021

The 50 richest families in the world have a combined net worth of $1.2 trillion. The Walton family is the wealthiest family in not just the U.S., but in the world, with a combined $247 billion net worth.

13 Billionaires Joined The Giving Pledge In 2020

13 Billionaires Joined The Giving Pledge In 2020

Jan 4, 2021

Thirteen people joined The Giving Pledge in 2020 and have pledged to give away at least half their fortunes in their lifetimes. That's a lot of money doing a lot of good and I think we can all agree we need more good in this world.

How The Hartonos Became The Fourth-Richest Family In Asia

How The Hartonos Became The Fourth-Richest Family In Asia

Dec 29, 2020

We're running down the richest families in Asia to round out 2020. Today, we're taking a look at the fourth-richest family in Asia – the Hartono family. Their combined $31.3 billion net worth is derived from Djarum, a clove cigarette manufacturer.

Larry Ellison Leaves California And Its High Taxes Behind, Moves To His Hawaiian Island

Larry Ellison Leaves California And Its High Taxes Behind, Moves To His Hawaiian Island

Dec 28, 2020

Larry Ellison bought 98% of the Hawaiian island of Lanai in 2010. Now, he's leaving his posh California estate behind and moving to Hawaii. He is making his primary residence on Lanai.

Ken Griffin Sells Miami Beach Penthouses At A Loss

Ken Griffin Sells Miami Beach Penthouses At A Loss

Dec 27, 2020

Hedge fund billionaire and real estate aficionado Ken Griffin is selling two Miami Beach penthouses in the super exclusive Faena House development. He bought the townhouses five years ago and recently sold them at a loss of 20%.

How The Lees Became The Fifth-Richest Family In Asia

How The Lees Became The Fifth-Richest Family In Asia

Dec 27, 2020

We're running down the richest families in Asia to round out 2020. Today, we're taking a look at the fifth-richest family in Asia: the Lee family.

Former Teacher Becomes Billionaire Liquid Detergent Mogul

Former Teacher Becomes Billionaire Liquid Detergent Mogul

Dec 26, 2020

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.

How The Chearavanonts Became The Third-Richest Family In Asia

How The Chearavanonts Became The Third-Richest Family In Asia

Dec 24, 2020

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.

How The Kwoks Became The Second-Richest Family In Asia

How The Kwoks Became The Second-Richest Family In Asia

Dec 22, 2020

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.

Russian Billionaire Would Rather Burn His Money Than Pay His Ex-Wife's Divorce Settlement

Russian Billionaire Would Rather Burn His Money Than Pay His Ex-Wife's Divorce Settlement

Dec 22, 2020

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.

How The 5 Richest Families In Asia Earned Their Massive Fortunes

How The 5 Richest Families In Asia Earned Their Massive Fortunes

Dec 21, 2020

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.

Jay-Z Enters The Weed Game, Debuts High-End Cannabis Brand

Jay-Z Enters The Weed Game, Debuts High-End Cannabis Brand

Dec 19, 2020

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.

Meet Austin Russell – The New Youngest Self-Made Billionaire

Meet Austin Russell – The New Youngest Self-Made Billionaire

Dec 18, 2020

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.

Billionaire Farkhad Akhmedov's Son Says He Lost $50 Million Trading Stocks

Billionaire Farkhad Akhmedov's Son Says He Lost $50 Million Trading Stocks

Dec 16, 2020

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.