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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Michael Bloomberg Actually Spent Almost $1 Billion On His Brief Presidential Bid
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."
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Yoshiaki Tsutsumi Was The Richest Man In World In The Late 80s, Then His Empire Crumbled Away
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.
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The 10 Biggest Billionaire Losers In Stock Market Volatility Have Lost A Combined $76.4 Billion – In A Week
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.
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Billionaire Princess Presumed To Be Dead Sentenced To 13 Years In Prison For Corruption
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.
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Mike Bloomberg Pledges $40 Million To Coronavirus Fight Through Foundation
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.
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Warren Buffett Says He's Now Working From Home During Coronavirus Restrictions
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.
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How Rich Was Rupert Murdoch In 1990?
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.
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15 Homes In The U.S. Have Sold For $100 Million Or More
Over the last few years, ultra high-end real estate has been booming, particularly in Palm Beach, New York City, and Los Angeles. These 16 homes have all sold for at least $100 million.
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Billionaire Jack Ma Pledges 500,000 Coronavirus Tests And A Million Facemasks To US
Ma's statement was brief and to the point, perhaps a small reflection of the urgency of the situation, and in it he cites the experience China has already had with this virus and containing its spread.
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Bill Gates Announces Departure From Microsoft Board Of Directors To Focus On Philanthropy
Gates does not go into specifics on what he plans to do with this extra time, but his decision comes at a point when heavy philanthropy is arguably more necessary than ever.
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L.A.'s Highest Property Taxes: 0.5 Acres Of Prime Billionaire's Beach Beachfront Real Estate
The beach house located at 22310 Pacific Coast Highway sits on a half-acre of prime Malibu beachfront and has an annual property tax bill of $1.31 million. Houses on this section of Malibu's Carbon Beach don't come up that often.
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Billionaire Behind Online Coupon Clipping Startup Drops $60 Million On Bel Air Mansion
George Ruan hit it big earlier this year when Honey, the electronic coupon-clipping browser extension he co-founded in 2012, was acquired by PayPal for $4 billion in cash in January. Now he's dropping $60 million on a Bel Air mansion.
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The 30 Richest People In The World 2020
Who are the richest people in the world? Many of these names, like Jeff Bezos and Bill Gates, are familiar, but some will undoubtedly raise eyebrows. We'll also dive into how each of these richest people earned their massive net worths.
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Chinese Billionaire Enters Space Race To Challenge Elon Musk's SpaceX
It seems like every other month another billionaire who saw Star Wars at a formative time in their life enters the space race. Now, Li Shufu, the Chinese owner of Volvo, has become the newest entrepreneur to declare an intention to invest in space research.
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Mark Cuban Shares The Misconceptions People Have About Being A Billionaire
Mark Cuban has a net worth of $4 billion and is 61 years old. He's been a member of the 10-figure club for more than two decades. On a recent episode of The HoopsHype Podcast, he mentioned that it is still surreal to consider the fact that he is a billionaire.