Billionaire News | Celebrity Net Worth

$1 trillion. That's a lot of cash. Like, an unimaginable amount of cash. Yet that is exactly what the 11 richest people in the world control in their combined net worths – well, $1.042 trillion, to be exact. This is an insane concentration of wealth and power

Smith is probably best known to the public for promising to pay off the student loans of an entire graduating class last year, and tax authorities are looking into some $200 million in offshore assets.

Every year we like to check in and see who the largest land owner in the U.S. is. This year, it is still cable TV tycoon John C. Malone. He owns Liberty Media, is part owner of the Atlanta Braves, Formula 1 racing, Discovery Communications, Lionsgate, and Starz.

On the same day that Elon Musk entered the centibillionaire club for the first time, Jeff Bezos' net worth topped $200 billion… Is he the richest person of all time?

Step aside Francoise Bettencourt-Meyers, MacKenzie Bezos is now the richest woman in the world.

Welcome to the centibillionaire club, Elon Musk!

When the Washington Nationals won the World Series last year, it was the realization of a dream team owner Ted Lerner had had for decades. But how did he get wealthy enough to purchase the former Montreal Expos franchise?

Tesla stock has crested the $2,000 per share margin, making Ellison's 3 million shares worth an incredible $6 billion: a pretax paper profit of some $5 billion against his initial investment.

Oh boy this family is going down, one by one. We've written quite a bit about Isabel dos Santos. Now, her brother José Filomeno dos Santos, has been convicted of plotting to defraud the National Bank of Angola to the tune of $500 million and is heading to jail.

Elon Musk is having a GREAT week. Not only is Tesla stock is at an all-time high, but his OTHER company SpaceX just raised $2 billion at a new total valuation.

As Apple's market cap approaches $2 trillion for the first time, it makes you wander – How rich would Steve Jobs be if he were alive today?

For the first time ever, Elon Musk is now the fourth-richest person in the world, surpassing Bernard Arnault by $2 billion.

According to a statement from the Lemann Foundation, a donation of 100 million reais (or US $18 million) is being made to the Oswaldo Cruz Foundation in order to build the factory.

American billionaire Dan Friedkin is getting into the soccer business by purchasing Italian football club AS Roma in a deal valued at 591 million euros, or almost $700 million.

Apple CEO Tim Cook is officially the newest member of the three comma club!