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
Donald Trump Might Be In Line For A $100 Million Post-Presidency Book Deal

Donald Trump Might Be In Line For A $100 Million Post-Presidency Book Deal

Nov 20, 2020

Nothing about current President Donald Trump's failure to secure reelection has been exactly typical. But one aspect of a typical post-presidency is reportedly right on schedule: the post-presidency book deal.

Pfizer/BioNTech Vaccine News Sends Stock And Investors' Fortunes Soaring

Pfizer/BioNTech Vaccine News Sends Stock And Investors' Fortunes Soaring

Nov 19, 2020

When Pfizer announced the positive results of the phase three trials of its Covid-19 vaccine, stocks soared. The vaccine appears to be 90% effective in limited trials against the coronavirus.

Robert F. Smith Selling Malibu House On Carbon Beach For $24.5 Million

Robert F. Smith Selling Malibu House On Carbon Beach For $24.5 Million

Nov 18, 2020

If you've always dreamed of living steps from the ocean in Malibu and have $24.5 million lying around, have we got the house for you! Vista Equity billionaire Robert F. Smith is selling his home on Malibu's exclusive Carbon Beach.

Elon Musk Is Now The World's Third-Richest Person After Tesla S&P 500 Announcement

Elon Musk Is Now The World's Third-Richest Person After Tesla S&P 500 Announcement

Nov 17, 2020

The announcement by the S&P 500 that it was adding Tesla to its ranks caused the company's stock to jump almost 15 percent, which in turn caused Musk's personal net worth to jump by an impressive $15 billion.

Former Google CEO Eric Schmidt Attempting To Buy His Way Into Citizenship In Cyprus

Former Google CEO Eric Schmidt Attempting To Buy His Way Into Citizenship In Cyprus

Nov 16, 2020

Eric Schmidt, the former CEO of Google, is looking to leave the U.S. He and his family are not only trying to immigrate to Cyprus, but also to become citizens of the European country

The Winklevoss Twins Are Once Again Cryptocurrency Billionaires

The Winklevoss Twins Are Once Again Cryptocurrency Billionaires

Nov 13, 2020

The Winklevosses bought about $11 million worth of bitcoins back in 2013, going on to start their own cryptocurrency exchange called Gemini Trust Co.

Old And New School Chinese Fashion Tycoons See Wealth Surge During Pandemic

Old And New School Chinese Fashion Tycoons See Wealth Surge During Pandemic

Nov 13, 2020

The pandemic has us all housebound and our clothing of choice overwhelmingly skews towards athleisure these days. So it's weird to talk about people and companies in the fashion space who are doing well this year. It's the manufacturers that spin cotton thread into clothing that are doing well in the pandemic.

Canceled Ant Group IPO Robs Jack Ma Of $3 Billion

Canceled Ant Group IPO Robs Jack Ma Of $3 Billion

Nov 13, 2020

Jack Ma has been riding high in China for years now. However, after the dual IPO in Shanghai and Hong Kong was canceled, Ma's stake in Ant Group was suddenly worth $3 billion less after Ant Group's value plunged 9.7%.

You Can Make An Offer On One Of Donald Trump's Private Helicopters

You Can Make An Offer On One Of Donald Trump's Private Helicopters

Nov 12, 2020

Interestingly, the listing does not have an asking price, instead inviting prospective buyers to "make an offer," but this type of helicopter reportedly goes for somewhere in the neighborhood of $700,000 to $800,000.

There Are 60 Chinese Self-Made Billionaires Under 40

There Are 60 Chinese Self-Made Billionaires Under 40

Nov 12, 2020

China is having its fastest year of wealth accumulation, despite the COVID-19 pandemic and the related economic crisis. China has 60 billionaires who aren't Yet 40. Let's look at the 20 wealthiest.

From Riddled With Student Loan Debt To Billionaire: The Leon G. Cooperman Story

From Riddled With Student Loan Debt To Billionaire: The Leon G. Cooperman Story

Nov 11, 2020

Billionaire Leon Cooperman has come a long way since he was the son of working-class immigrants from Poland growing up in a one-bedroom apartment in South Bronx.

Jeffrey Epstein's Infamous Palm Beach House To Be Torn Down

Jeffrey Epstein's Infamous Palm Beach House To Be Torn Down

Nov 11, 2020

The notorious $22 million Palm Beach mansion owned by convicted sex offender Jeffrey Epstein has been sold to a developer. The 14,000-square-foot, six-bedroom waterfront home was put on that market in July. The home will be torn down.

Meet The Billionaire Who Supplies The Burgers For McDonald's And Burger King

Meet The Billionaire Who Supplies The Burgers For McDonald's And Burger King

Nov 7, 2020

Do you ever think about where your food comes from? Like, where do McDonald's and Burger King get all their beef and chicken? Well, look no further as it turns out a company called OSI is behind all those Big Macs across the globe.

Jack Ma Heads For Second Historic (And Money Making) IPO

Jack Ma Heads For Second Historic (And Money Making) IPO

Nov 6, 2020

When his Alibaba went public in 2014 it was the biggest IPO of all time. In 2019, the $29.4 billion IPO of Saudi Aramco knocked Ma off that throne. Well, now he's back. His fintech company Ant Group is about to make its IPO and it is expected to be the biggest IPO in history.

Ant Group Cancels IPO Amid Jack Ma Drama With Chinese Banking Regulators

Ant Group Cancels IPO Amid Jack Ma Drama With Chinese Banking Regulators

Nov 4, 2020

We've been waiting with bated breath for the IPO of billionaire Jack Ma's Ant Group on the Hong Kong and Shanghai stock exchanges. However, the IPO has been suspended by both the Shanghai and Hong Kong stock exchanges after Ma was question by Chinese banking regulators.