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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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.
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Travis Kalanick Dumped His Entire Uber Stake A Year Ago. That Turned Out To Be A TERRIBLE Move.
A year ago Travis Kalanick sold basically his entire stake in the company he co-founded, Uber. For a little while that looked like a genius move. Today… not so much.
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Soft Bank's Masa Son Is Doomsday Prepping By Stockpiling Cash In The Event Of A Worst-Case Scenario
Billionaire Masayoshi Son of SoftBank is stockpiling cash to prepare for a worst-case scenario because he believes the coronavirus will continue to adversely affect companies in the next few months.
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The Guinness Curse Strikes Again! Young Heiress Drowns In Pool
The Guinness family just can't catch a break. Sure, they are the billionaire heirs and heiresses of the famous beer, but man oh man there seems to be a curse on their family. Over the years one family member after another has died in strange and unusual ways.
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Michael Jordan Makes $2 Million Donation To Feeding America
Feeding America is "the largest charitable food assistance network in the U.S.," but MJ himself is quoted on his intent for his pledge to go towards Chicago and the Carolinas.
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Elon Musk Just Overtook Bill Gates To Become The Second Richest Person On The Planet
Just a week after jumping Mark Zuckerberg, Elon Musk has now jumped Bill Gates to become the second-richest person in the world for the first time.
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Mars Acquiring Kind Bars For $5 Billion, Boosting Founder Daniel Lubetzky's Net Worth
It was just announced that the world's largest candymaker, Mars, will acquire Kind, the maker of healthy snack bars in a deal that values Kind at $5 billion. Daniel Lubetzky founded Kind in 2004.
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Billionaire Sackler Family Behind Oxycontin Scandal Owns Massive Real Estate Portfolio
The billionaire Sackler family has been in the news a lot lately. They are the family behind Purdue Pharma the company behind OxyContin. The Sacklers are also known for their contributions to philanthropy and their massive real estate portfolio.
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Bill Ackman Places Another Billion-Dollar Bet That The Economy Is Going To Tank
Back in March, billionaire investor Bill Ackman made a decision: He paid $27 million to buy credit defaults and turned that into a profit of $3.6 billion. Now, he's doing it again. When news broke about an effective Covid-19 vaccine, Ackman placed a similar bet.