Billionaire News | Celebrity Net Worth

Instacart's 33-year-old founder, Apoorva Mehta, is now a billionaire thanks to the surge in demand for Instacart's services as well as a new funding round on June 11 of $225 million. He now has a net worth of $1.2 billion.

On Wednesday, a court in Shanghai sentenced billionaire real-estate developer Wang Zhenhua to five years in prison for child molestation. Wang was arrested last summer on charges that he assaulted a nine-year-old girl.

In light of the fight for racial justice after the killings of George Floyd and way too many other unarmed black people, Netflix founder Reed Hastings has made the biggest donation to racial justice, in the form of a $120 million gift to America's HBCUs.

Josh Harris is a billionaire. He's also the owner of the NBA's Philadelphia 76ers. Now, he's looking to add another professional sports franchise to his portfolio – and he very much runs his burgeoning sports empire like he runs his global investment management firm.

The billionaire Barclay family is anchored by 85-year-old twin brothers David and Frederick Barclay. The twins amassed the family fortune together in hotels, online retail, and newspapers. They also haven't spoken to each other in years.

He Xiangjian is one of the wealthiest people in China. He founded the Midea Group, one of the biggest manufacturers of home appliances. Last weekend, he was the target of an attempted kidnapping at his luxury villa in Foshan city, in southern Guangdong province.

The money is supposedly to make sure that North "won't have to work a day in her life." The source goes on: "[Kanye] wants her to create, innovate, and leave her mark on this world. And he's planning for her future as we speak."

One of the wealthiest women in the U.K. is also the highest-paid executive and highest-earning female CEO in the world. Denise Coates is the founder and co-CEO of betting firm Bet365.com.

Thanks to the recent Amazon stock surge, MacKenzie Bezos is now worth $50 billion. This makes her the 4th richest woman in the world behind Alice Walton, Julia Flesher Koch, and Francoise Bettencourt-Meyers.

Samsung's billionaire vice chairman, Jay Y. Lee (Lee Jae-yong), is still battling it out in court during his legal dispute with South Korean prosecutors over allegations of bribery and corruption that date back to 2015.

Amazon's stock is soaring, making the richest person in the world much, much richer. In fact, his net worth grew by more during the last three months than most of us will make in our lifetimes. But on a slightly sour note, it would be much, much higher if he hadn't gotten divorced last year.

It was all part of a law enforcement operation called Operation Blue Agave, a project by both Mexico's Ministry of Finance and the United States' Drug Enforcement Administration.

The recent divorce between Shenzhen Kangtai Biological Products Co. Chairman Du Weimin and ex-wife Yuan Liping was one of the most expensive divorces in Chinese history.

We've said it before: It takes a certain kind of drive, ambition, and commitment to your vision to become a billionaire. Maybe that's why there are only six billionaires…Oh wait! Breaking news: There are only five billionaires in Hollywood. Kylie Jenner is not a billionaire. We repeat, Kylie Jenner is not a billionaire.

West is one of many celebrities to have taken part in various Black Lives Matter protests throughout the country, and he's not even the only one in his household to make a financial pledge to the cause.