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
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?

Craigslist Founder Donates $10 Million To Fight Hunger In U.S.

Craigslist Founder Donates $10 Million To Fight Hunger In U.S.

Oct 12, 2020

Billionaire Craig Newmark, the founder of Craigslist, has become a major philanthropist over the years. His most recent cause is fighting hunger in the United States. He's donating $10 million to hunger-related charities.

Billionaire David Tepper Moves Back To New Jersey – Faced With $120 A Million State Income Tax Bill

Billionaire David Tepper Moves Back To New Jersey – Faced With $120 A Million State Income Tax Bill

Oct 12, 2020

Back in 2015, billionaire David Tepper moved from New Jersey to Florida in part because of the high personal income tax rate in the Garden State. Now, he's moved back to New Jersey and faces a $120 milion state tax bill.

Did A Federal Election Filing Just Expose Kanye West's Net Worth As "Hundreds Of Millions" Instead Of Billions? NO! Don't Believe The Headlines

Did A Federal Election Filing Just Expose Kanye West's Net Worth As "Hundreds Of Millions" Instead Of Billions? NO! Don't Believe The Headlines

Oct 9, 2020

Kanye West is still running for President of the United States. And part of running for public office requires candidates to file a personal financial form with the Federal Election Commission. West did that and it caused some confusion. We cleared it up.

Billionaire Bill Ackman Reflects On The Greatest Wall Street Trade Of All Time

Billionaire Bill Ackman Reflects On The Greatest Wall Street Trade Of All Time

Oct 7, 2020

In March 2020, just as the coronavirus pandemic was sweeping the globe and causing mass panic and confusion, Bill Ackman made a decision: He paid $27 million to buy credit defaults and turned that into a profit of $2.6 billion

American Billionaires See Fortunes Skyrocket During Pandemic

American Billionaires See Fortunes Skyrocket During Pandemic

Oct 6, 2020

Billionaires in general, but especially American billionaires, are seeing their wealth grow in unprecedented ways in 2020, creating a larger and larger chasm between the richest Americans and the rest of us.

The Richest People In Houston

The Richest People In Houston

Oct 5, 2020

Houston, Texas is a thriving metropolis and home to 7 million people. Among those 7 million people are 10 billionaires.

Chinese Billionaire Put On Budget, Banned From Spending Due To Unpaid Debts

Chinese Billionaire Put On Budget, Banned From Spending Due To Unpaid Debts

Oct 2, 2020

Chen Feng is a Chinese billionaire with all the trappings of a luxurious lifestyle. Private jets (or at least first-class tickets), epic vacations, and bare-no-expense weekends on the golf course are regular occurrences in his life. Until now.

The Richest People In Austin, Texas

The Richest People In Austin, Texas

Oct 1, 2020

Austin, Texas is the capital of the Lone Star State. It is also home to eight billionaires. Let's get to know them.

Michael Bloomberg Raises More Than $16 Million Towards Paying Off Fines For Florida Voters

Michael Bloomberg Raises More Than $16 Million Towards Paying Off Fines For Florida Voters

Sep 30, 2020

Bloomberg's fundraising efforts came to $16.1 million, which along with $5 million donated by the Florida Rights Restoration Coalition, has paid off the fines of around.32,000 eligible voters in Florida.

Billionaire Ronald Perelman Is Selling Off His Assets, Claims He Wants To Live A Simpler Life

Billionaire Ronald Perelman Is Selling Off His Assets, Claims He Wants To Live A Simpler Life

Sep 29, 2020

Billionaire Ron Perelman is selling off his assets, toys, art, and other trappings of his billionaire lifestyle. Is he cash strapped or is he truly trying to live a simpler life?