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.

What's New
Oprah Announces $12 Million Gift To Various US Cities In Which She's Lived

Oprah Announces $12 Million Gift To Various US Cities In Which She's Lived

May 24, 2020

Chicago, Baltimore, Nashville, and Milwaukee are the four big cities getting the latest Oprah donation, but the much smaller community of Kosciusko, Mississippi, where she was born, is also included.

100-Year-Old Tony Murray Is The Oldest Living Billionaire In Europe And A War Hero

100-Year-Old Tony Murray Is The Oldest Living Billionaire In Europe And A War Hero

May 23, 2020

We often celebrate the young tech entrepreneurs for their billionaire statuses at such young ages (20s or 30s). We don't often celebrate the older or much, much older people who also are billionaires for maintaining that status or living so long. Well, that's what we're here to do today.

10 Of The Best Bets On The Stock Market That Have Earned The Bet Maker Millions, If Not Billions

10 Of The Best Bets On The Stock Market That Have Earned The Bet Maker Millions, If Not Billions

May 23, 2020

Some people just have a knack for seeing an opportunity in things and making a bet that makes them thousands, if not millions, and sometimes billions. Of course, it helps if the bet maker is in the financial sector already and knows what signs to look for.

Billionaire Cartel Leader El Mencho's Brother-In-Law Extradited To US

Billionaire Cartel Leader El Mencho's Brother-In-Law Extradited To US

May 22, 2020

Authorities say that Valencia recently arrived by plane to Washington where he is now being detained and awaiting trial, a little more than four years after he was arrested in Uruguay in April of 2016.

Elon Musk Follows Through On Plan To Sell All Of His Things And "Own No House," Lists 5 More Houses

Elon Musk Follows Through On Plan To Sell All Of His Things And "Own No House," Lists 5 More Houses

May 21, 2020

We're all handling the isolation and quarantine of the coronavirus pandemic differently. Some of us are mastering our favorite video games, others are getting crafty in their spare time, Elon Musk, has decided to divest himself of all physical possessions.

Richard Branson Selling Virgin Galactic Shares To Save Virgin Atlantic Airline

Richard Branson Selling Virgin Galactic Shares To Save Virgin Atlantic Airline

May 19, 2020

Even billionaires are facing tough decisions in the time of coronavirus. Sir Richard Branson may have to sell as much as $400 million of his Virgin Galactic shares in order to save his business empire from the growing costs of the coronavirus pandemic.

Billionaire Jeweler To The Stars Fighting Extradition To India Over $1.8 Billion Ponzi Scheme Bank Fraud

Billionaire Jeweler To The Stars Fighting Extradition To India Over $1.8 Billion Ponzi Scheme Bank Fraud

May 18, 2020

Billionaire jeweler to the stars Nirav Modi has been on the run and seeking asylum in London for about two years. Now, he's fighting extradition to India, where he faces a maximum sentence of life imprisonment if found guilty.

Poor Little Rich Girl Wants Her Assets Unfrozen So She Can Live Like A Billionaire Again

Poor Little Rich Girl Wants Her Assets Unfrozen So She Can Live Like A Billionaire Again

May 17, 2020

Isabel dos Santos claims the courts colluded against her and insists the charges aren't true. She said the fabricated evidence against her included a forged passport in her name, with her photos, but the signature of the late Bruce Lee. She wants her assets unfrozen.

Children Of Dead Russian Billionaire Oligarch Claim He Was Murdered

Children Of Dead Russian Billionaire Oligarch Claim He Was Murdered

May 15, 2020

What day is it? If the day ends in a y, there's probably another Russian billionaire and one-time friend of Vladimir Putin who has died under mysterious circumstances. This time it's Dmitry Bosov, who played hockey with none other than Vladimir Putin.

Samsung Heir Shockingly Vows To End The Dynastic Control Of The Family Company

Samsung Heir Shockingly Vows To End The Dynastic Control Of The Family Company

May 12, 2020

Lee Jae-yong, the de facto leader of his family's business, Samsung, has revealed that he has no plans to pass down the management of the conglomerate to his kids. This would end the South Korean chaebol practice of the dynastic control of a family company.

Petra Ecclestone's Ex-Husband Charged With Money Laundering And Forgery In The Latest In A Long Line Alleged Lies And Misdeeds

Petra Ecclestone's Ex-Husband Charged With Money Laundering And Forgery In The Latest In A Long Line Alleged Lies And Misdeeds

May 11, 2020

Formula 1 heiress Petra Ecclestone has to be counting her lucky stars for having divorced her ex and baby daddy, James Stunt. He's been charged with what in the U.S. would be two felony counts for money laundering and forgery.

Michael Jordan Originally Wanted To Sign With Adidas Instead Of Nike – This Was A VERY Big Mistake For Adidas

Michael Jordan Originally Wanted To Sign With Adidas Instead Of Nike – This Was A VERY Big Mistake For Adidas

May 10, 2020

As Jordan put it, he was more interested in Adidas than Nike back in 1984, because he simply didn't believe Nike's product was up to the standard of quality he was looking to represent.

How Two Amazing Bets Made Steven Spielberg A Multi-Billionaire

How Two Amazing Bets Made Steven Spielberg A Multi-Billionaire

May 10, 2020

Spielberg's multi-billion net worth is thanks to two chances he took. He and Lucas could not have predicted the success of their respective films. A theme park clause was novel at the time it was written into Spielberg's contract.

Days After Pledging To Sell Everything He Owns, Elon Musk Lists Two L.A. Mansions

Days After Pledging To Sell Everything He Owns, Elon Musk Lists Two L.A. Mansions

May 8, 2020

On Friday, May 1, Elon Musk tweeted "I am selling almost all physical possessions. Will own no house."  Well, it seems he's making good on that promise – or starting to at least. He just listed two Los Angeles area mansions on Zillow for $30 million and $9.5 million.

Dumb Tweet From Elon Musk Probably Cost Him A $750 Million Bonus

Dumb Tweet From Elon Musk Probably Cost Him A $750 Million Bonus

May 8, 2020

In any case, the tweets almost certainly delayed that massive Tesla stock payday that Musk is close to securing, once Tesla's six-month market value price exceeds $100 billion.