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
Billionaire Robert F Smith Announces $50 Million Donation Towards STEM Students At HBCUs

Billionaire Robert F Smith Announces $50 Million Donation Towards STEM Students At HBCUs

Oct 31, 2020

The gift is being made through Smith's Fund II Foundation, and will launch across 11 HBCUs that will be named sometime before the end of November, the press release says.

China Sees Billionaire Boom During Coronavirus Shutdowns

China Sees Billionaire Boom During Coronavirus Shutdowns

Oct 29, 2020

Over the past year, most of which has included battling COVID-19, China has created 257 brand new billionaires. Overall, there are 878 billionaires in China and they've added $1.5 trillion to their wealth over the past year.

The Billionaires Behind The Anti-Trump Republican Group, The Lincoln Project

The Billionaires Behind The Anti-Trump Republican Group, The Lincoln Project

Oct 29, 2020

If you're on social media, you've probably heard of The Lincoln Project. It's a relatively new super-PAC run by a number of prominent former Republican consultants who are hoping to defeat Donald Trump. At least 15 billionaires have donated to this super-PAC.

Ousted WeWork Founder Adam Neumann Loses $185 Million Consulting Fee For Violating Agreement

Ousted WeWork Founder Adam Neumann Loses $185 Million Consulting Fee For Violating Agreement

Oct 27, 2020

Schadenfreude is such a great word. When it comes to WeWork founder Adam Neumann and his shenanigans, we definitely feel some schadenfreude in learning that his $185 million consulting deal with WeWork was canceled.

Purdue Pharma Reaches Epic Settlement In The OxyContin Lawsuits

Purdue Pharma Reaches Epic Settlement In The OxyContin Lawsuits

Oct 26, 2020

Purdue Pharma, makers of OxyContin, will plead guilty to three federal criminal charges as part of a settlement of more than $8 billion, according to the Justice Department.

The Richest People In New York City

The Richest People In New York City

Oct 25, 2020

New York City is the most populous city in the United States. The New York City metro area is home to 23 million people. New York City is home to the highest number of billionaires of any city in the world.

Billionaire Ray Dalio Makes $50M Pledge Towards Health Justice Center In New York

Billionaire Ray Dalio Makes $50M Pledge Towards Health Justice Center In New York

Oct 21, 2020

The Dalio Center for Health Justice will be "dedicated to understanding and improving health equity, addressing health justice, and driving action that results in measurable improvements in health outcomes for all."

The Richest People In Miami

The Richest People In Miami

Oct 20, 2020

Palm Beach, Boca Raton, Bal Harbour, and other ritzy Miami enclaves regularly make the list of the most expensive zip codes in the U.S. It's no surprise then, that 22 billionaires call the Miami area home.

The Richest People In Seattle

The Richest People In Seattle

Oct 20, 2020

Seattle is the northernmost large city in the U.S., located just about 100 miles south of the Canadian border. It's also home to 10 billionaires – most notably Jeff Bezos and Bill Gates – the two richest people on the planet. Is it something in the water there?

The Richest People In Boston

The Richest People In Boston

Oct 19, 2020

Boston is the most populous city in Massachusetts with 696,600 people. The Greater Boston metro area is home to 4.8 million people. If you expand it out to the larger commuting area, it is home to 8.2 million people. 13 of those people are billionaires.

Meet Mika Anttonen: The Oil Billionaire And Climate Activist

Meet Mika Anttonen: The Oil Billionaire And Climate Activist

Oct 18, 2020

Mika Anttonen is an unlikely climate activist. He is the founder of Finnish energy company St1, which owns the St1 chain of gas stations in Finland, Sweden, Norway, and Poland. St1 owns around 1,400 service stations in those four countries.

Combined Wealth of Global Billionaires Passes $10 Trillion For First Time

Combined Wealth of Global Billionaires Passes $10 Trillion For First Time

Oct 18, 2020

The combined wealth of all the billionaires on earth just hit $10 trillion for the first time ever. From April 7 to July 31 of this year, billionaires in every single industry saw a double digit increase in their net worths.

Jeff Bezos Could Completely Solve These 7 Global Catastrophes And STILL Be The Richest Person On The Planet

Jeff Bezos Could Completely Solve These 7 Global Catastrophes And STILL Be The Richest Person On The Planet

Oct 17, 2020

Jeff Bezos could completely solve a number of global crisis and STILL be the richest person on the planet. Bezos could save the world – LITERALLY – and still be the richest person in the world. And that begs the question: why doesn't he?

Billionaire Robert Smith Reaches $140 Million Settlement With DOJ Over Tax Problems

Billionaire Robert Smith Reaches $140 Million Settlement With DOJ Over Tax Problems

Oct 17, 2020

The probe, which had gone on for years, centered on about $30 million in back taxes allegedly evaded by Smith, who has agreed to pay that, plus an $85 million penalty and around $25 million in interest.

How Amazon Went From Selling Books To Selling, Well, Everything

How Amazon Went From Selling Books To Selling, Well, Everything

Oct 15, 2020

Today, you can find just about everything under the sun for sale on Amazon, but it wasn't always that way. Back in 1994, when Jeff Bezos founded Amazon, he was simply trying to transform the way books were sold. How did the online retailer make this shift?