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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Record Label IPO Earns BTS Members MILLIONS And Their Producer Is Now A BILLIONAIRE
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.
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Members Of The Billionaire Aldi-Founding Albrecht Family Are Facing Each Other In Court Over Alleged Embezzlement
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.
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Chicken Billionaire John Tyson Has Seen His Net Worth Plucked By Covid
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.
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Vince McMahon's Finances Have Been Powerslammed This Year
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.
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India Officially Has More Self-Made Billionaires Than Inherited Billionaires
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.
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Duty Free Co-Founder And Ex-Billionaire Chuck Feeney Says He's Officially Succeeded In Getting Rid Of All His Money
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.
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How The Billionaire Sackler Family Allegedly Moved Their Opioid Money Around To Preserve Fortune In Midst Of Lawsuits
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.
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The Richest People In Los Angeles
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.
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Some Of The Most Bizarre And Unusual Things Tech Billionaires Have Bought
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!
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How Billionaire Russian Oligarch Roman Abramovich Spends his Billions
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!
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Hamptons Socialite Told She Couldn't Gain More Than Five Pounds During Marriage Blindsided By Divorce Papers
Alex Kuczynski, the daughter of Pedro Pablo Kuczynski, was blindsided by divorce papers from her diminutive billionaire husband Charles Stevenson Jr. just six days before Christmas in 2019.
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Warren Buffett Reflects On His Years In The Military
Warren Buffett has accomplished a lot in his lifetime. He's also a veteran of both the Nebraska Army National Guard and the New York National Guard. Buffett took an opportunity to reflect on his own service in the 1950s.
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Billionaire Philanthropist And Art Collector Eli Broad Drops Price On Magnificent Malibu Beach House
If you have about $62 million laying around and you're in the market for a truly stunning beach house, have we got a deal for you. Billionaire philanthropist and noted art collector Eli Broad just lowered the price of his 5,400-square-foot Malibu beach estate, for the second time.
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Nine New Self-Made Billionaires Built Fortunes In Everything From White Claw To Online Tutoring, To Sneakers
Every year, it's fun to look at who is new on the list of billionaires. Equally interesting is the way in which the new billionaires earned their money. There's always the tech startup and finance billionaires, but this year, we've got a number of new entrants from other industries.
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Billionaire Yusaku Maezawa Says He Has "Deep Regrets" After Losing $41 Million By Day Trading Stocks
Maezawa took to Twitter to share a cautionary tale of his recent experiences with day trading, claiming to have lost some $41 million in American dollars.