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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How Much Has Ralph Lauren's Net Worth Grown From 1990 To Now?

How Much Has Ralph Lauren's Net Worth Grown From 1990 To Now?

Apr 6, 2020

In 1990, Ralph Lauren, then 51, had a net worth of $600 million and was the 138th-richest person in the U.S. Today, Lauren, 80, is worth $8.2 billion and he is the 154th-richest American this year. 

How Much Has Jacqueline Mars' Net Worth Grown From 1990 To Now?

How Much Has Jacqueline Mars' Net Worth Grown From 1990 To Now?

Apr 5, 2020

In 1990, Jaqueline Mars, then 51, was the 29th richest American with a net worth of $1.7 billion. Today, Mars, 80, an heiress to the candy fortune, has a net worth of $37 billion and is the 19th richest person in the U.S. and the fourth-richest woman.

How Much Has Les Wexner's Net Worth Grown From 1990 To Now?

How Much Has Les Wexner's Net Worth Grown From 1990 To Now?

Apr 4, 2020

In 1990, Les Wexner, then 53, had a net worth of $1.8 billion and was the 25th richest person in the U.S. Today, Wexner is 82, worth $4.8 billion and despite being worth $3 billion more than he was in 1990, he is the 154th richest American this year.

WeWork Founder Loses Billionaire Status After SoftBank Destroys His Golden Parachute

WeWork Founder Loses Billionaire Status After SoftBank Destroys His Golden Parachute

Apr 3, 2020

Sometimes Karma truly does work out. WeWork founder Adam Neumann is losing a key part of his golden parachute from SoftBank due to multiple new and significant civil and criminal investigations into the shared-space office leasing company. He is no longer a billionaire.

Taikichiro Mori Was The Richest Person In The World In The Early 1990s – Who Was He? How Did He Build His Fortune?

Taikichiro Mori Was The Richest Person In The World In The Early 1990s – Who Was He? How Did He Build His Fortune?

Apr 3, 2020

Bill Gates has been the richest man in the world for 18 of the last 33 years. Back in 1991 and 1992, however, Taikichiro Mori, a mild-mannered economics professor turned billionaire real estate developer, was the richest man in the world.

What 9 Billionaire NBA Owners Are Doing To Help Arena Workers During The NBA Suspension

What 9 Billionaire NBA Owners Are Doing To Help Arena Workers During The NBA Suspension

Mar 31, 2020

The NBA could lose out on $500 million in ticket revenue if the entire season and playoffs are canceled completely. Despite this likelihood, some NBA players have decided to help out the people who would be working in the arenas in which they play.

How Much Did Paul Allen's Net Worth Grown From 1990 To His Death In 2018?

How Much Did Paul Allen's Net Worth Grown From 1990 To His Death In 2018?

Mar 30, 2020

In 1990, Paul Allen, then 37, was the 56th-richest American, with a net worth of $1.2 billion. That seems like chump change compared to the $20 billion he was worth when he died in 2018, at 65.

Coronavirus Has Doubled Zoom Founder Eric Yuan's Net Worth In A Matter Of Weeks

Coronavirus Has Doubled Zoom Founder Eric Yuan's Net Worth In A Matter Of Weeks

Mar 27, 2020

Zoom CEO Eric Yuan must have extremely mixed feelings about Coronavirus. On the one hand, it's a global tragedy. On the other, it has doubled his net worth.

Michael Bloomberg Actually Spent Almost $1 Billion On His Brief Presidential Bid

Michael Bloomberg Actually Spent Almost $1 Billion On His Brief Presidential Bid

Mar 25, 2020

Bloomberg reportedly spent $500 million on TV ads, another $100 million on digital advertising and tens of millions to employ "media consultants, pollsters and digital strategists."

Yoshiaki Tsutsumi Was The Richest Man In World In The Late 80s, Then His Empire Crumbled Away

Yoshiaki Tsutsumi Was The Richest Man In World In The Late 80s, Then His Empire Crumbled Away

Mar 23, 2020

In the late 1980s, Yoshiaki Tsutsumi was sitting on top of the world. He was the richest person in the world with a net worth of $20 billion.
And then it all came to a stunning end and Yoshiaki was sent to prison and his empire collapsed.

The 10 Biggest Billionaire Losers In Stock Market Volatility Have Lost A Combined $76.4 Billion – In A Week

The 10 Biggest Billionaire Losers In Stock Market Volatility Have Lost A Combined $76.4 Billion – In A Week

Mar 23, 2020

The volatility of the stock market right now is insane. Word of advice: do not check your 401K balance. Fears of the coronavirus outbreak and our federal government's rather lukewarm response to the virus has the Dow Jones (and NASDAQ) going nuts.

Billionaire Princess Presumed To Be Dead Sentenced To 13 Years In Prison For Corruption

Billionaire Princess Presumed To Be Dead Sentenced To 13 Years In Prison For Corruption

Mar 22, 2020

Gulnara Karimova the daughter of the former tyrannical ruler of Uzbekistan, Islam Karimov. A few years ago, there were rumors circulating that Gulnara was missing and that she'd possibly been poisoned to death. Now, she's been sentenced to 13 years in prison for a $2 billion corruption scandal.

Mike Bloomberg Pledges $40 Million To Coronavirus Fight Through Foundation

Mike Bloomberg Pledges $40 Million To Coronavirus Fight Through Foundation

Mar 22, 2020

Mike Bloomberg might have just dropped half a billion on the most expensive self-funded political campaign in American history, but he's still got at least $40 million left to spare in the now worldwide fight against COVID-19.

Warren Buffett Says He's Now Working From Home During Coronavirus Restrictions

Warren Buffett Says He's Now Working From Home During Coronavirus Restrictions

Mar 21, 2020

Warren Buffett's decision to start working from home came late in the game, and as many of us, he began taking it more seriously as more information came in.

How Rich Was Rupert Murdoch In 1990?

How Rich Was Rupert Murdoch In 1990?

Mar 20, 2020

Today, News Corp. founder Rupert Murdoch has a net worth of $13 billion. He's known as the founder of the Fox News machine and all that goes with that. But back in 1990, he was 59 years old and the 60th richest person in the world with a net worth of $1.1 billion.