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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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?

Record Label IPO Earns BTS Members MILLIONS And Their Producer Is Now A BILLIONAIRE

Record Label IPO Earns BTS Members MILLIONS And Their Producer Is Now A BILLIONAIRE

Sep 28, 2020

The IPO of Big Hit Entertainment, the studio behind K-Pop band BCS is the biggest public offering in South Korea in three years. It's made a billionaire out of Bang Si-hyuk and multi-millionaires out of each of the seven members of BTS.

Members Of The Billionaire Aldi-Founding Albrecht Family Are Facing Each Other In Court Over Alleged Embezzlement

Members Of The Billionaire Aldi-Founding Albrecht Family Are Facing Each Other In Court Over Alleged Embezzlement

Sep 27, 2020

Nicolay Albrecht is alleging in court that his mother, Babette, three of his three sisters, and their attorney, have been drawing from one of the family trust funds to the tune of millions of dollars in an improper fashion.

Chicken Billionaire John Tyson Has Seen His Net Worth Plucked By Covid

Chicken Billionaire John Tyson Has Seen His Net Worth Plucked By Covid

Sep 25, 2020

A number of high-profile, former members of the 400 richest are no longer on that list. One of them is Tyson Foods Chairman John Tyson, who saw his net worth fall as a result of Covid-19 breakouts in the Tyson Foods meat processing plants.

Vince McMahon's Finances Have Been Powerslammed This Year

Vince McMahon's Finances Have Been Powerslammed This Year

Sep 25, 2020

In total, 233 American billionaires didn't make the list of the 400 richest. One of the former members of the 400 richest list who failed to make the cut is the WWE's Vince McMahon. His net worth of $1.6 billion was not good enough to make the $2.1 billion cut off.

India Officially Has More Self-Made Billionaires Than Inherited Billionaires

India Officially Has More Self-Made Billionaires Than Inherited Billionaires

Sep 23, 2020

Times are changing in India. The rise of new industries in healthcare, technology, and retail is creating a new class of billionaires. Now, for the first time, self-made billionaires outnumber billionaires who have inherited their fortunes.

Duty Free Co-Founder And Ex-Billionaire Chuck Feeney Says He's Officially Succeeded In Getting Rid Of All His Money

Duty Free Co-Founder And Ex-Billionaire Chuck Feeney Says He's Officially Succeeded In Getting Rid Of All His Money

Sep 22, 2020

While Feeney's unusual generosity of financial giving has been known for years now, the shuttering of his Atlantic Philanthropies in 2020 was always part of the plan.

How The Billionaire Sackler Family Allegedly Moved Their Opioid Money Around To Preserve Fortune In Midst Of Lawsuits

How The Billionaire Sackler Family Allegedly Moved Their Opioid Money Around To Preserve Fortune In Midst Of Lawsuits

Sep 21, 2020

The Sackler family is largely credited with creating the opioid crisis and profiting handsomely from it. The family collectively is worth about $14 billion and countless people have lost their lives to opioid addiction in exchange.

The Richest People In Los Angeles

The Richest People In Los Angeles

Sep 19, 2020

The County of Los Angeles is 4,753 square miles, with more than 10 million people. Of those 10 million people, 49 residents of the County of Los Angeles are billionaires.

Some Of The Most Bizarre And Unusual Things Tech Billionaires Have Bought

Some Of The Most Bizarre And Unusual Things Tech Billionaires Have Bought

Sep 19, 2020

A number of tech billionaires are investing in, creating, or buying some truly unusual and at times bizarre things. When you're worth many tens or even hundreds of billions the sky is quite literally the limit – and even then, a number of billionaires are bound and determined to test the limits of the sky as well!

How Billionaire Russian Oligarch Roman Abramovich Spends his Billions

How Billionaire Russian Oligarch Roman Abramovich Spends his Billions

Sep 17, 2020

Russian billionaire Roman Abramovich has an incredible collection of cars, planes, yachts, art, and homes. Oh, and he also owns the English Premier League's Chelsea FC and can often be seen in the stands rooting on his team. It must be good to be a billionaire!