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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Meet Mika Anttonen: The Oil Billionaire And Climate Activist
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.
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Combined Wealth of Global Billionaires Passes $10 Trillion For First Time
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.
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Jeff Bezos Could Completely Solve These 7 Global Catastrophes And STILL Be The Richest Person On The Planet
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?
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Billionaire Robert Smith Reaches $140 Million Settlement With DOJ Over Tax Problems
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.
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How Amazon Went From Selling Books To Selling, Well, Everything
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?
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Craigslist Founder Donates $10 Million To Fight Hunger In U.S.
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.
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Billionaire David Tepper Moves Back To New Jersey – Faced With $120 A Million State Income Tax Bill
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.
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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
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.
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Billionaire Bill Ackman Reflects On The Greatest Wall Street Trade Of All Time
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
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American Billionaires See Fortunes Skyrocket During Pandemic
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.
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The Richest People In Houston
Houston, Texas is a thriving metropolis and home to 7 million people. Among those 7 million people are 10 billionaires.
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Chinese Billionaire Put On Budget, Banned From Spending Due To Unpaid Debts
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.
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The Richest People In Austin, Texas
Austin, Texas is the capital of the Lone Star State. It is also home to eight billionaires. Let's get to know them.
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Michael Bloomberg Raises More Than $16 Million Towards Paying Off Fines For Florida Voters
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.
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Billionaire Ronald Perelman Is Selling Off His Assets, Claims He Wants To Live A Simpler Life
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?