Billionaire News | Celebrity Net Worth

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.

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.

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.

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.

David Nahmad is letting go of Nature Morte, a 1921 Picasso oil-on-canvas painting that Nahmad says he doesn't specifically remember his rationale in buying.

Rockstar energy drink founder Russ Weiner is now a cash billionaire rockstar badass thanks to today's deal with Pepsi.

Everyone from billionaires to the average person with a 401K tied to public stock is seeing their wealth decimated by the volatility of the stock market driven by fears over the coronavirus outbreak. The top five richest people in the world lost $22 billion overnight.

You may know who the richest person in the United States is, or even who the wealthiest person in your state is. But do you know who wields the wealth in Iowa or Idaho? There have been a few changes on this list since last year, so let's take a look at the richest person in every state.

On Monday, March 2, shares of Twitter soared after it was revealed that Paul Singer, the founder of investment management firm Elliott Management bought a $1 billion stake in the social media company. Why? He wants to force CEO Jack Dorsey out of the company.

Charles Simonyi spent two decades at Microsoft. He developed the Microsoft Office suite of software. He's been to space twice. He left Microsoft to found a startup, which Microsoft bought three years ago. He has a net worth of $1.5 billion and is 71 years old. Simonyi has no plans to retire.

Bloomberg may have failed to become the Democratic nominee for president, but he did succeed in getting his name on the books as the man behind the most expensive self-funded political campaign ever.

The estate located at 11101 Chalon Road in Bel Air is rather infamous for the fact that construction costs are rumored to be more than $300 million. The home also carries one of the highest property tax bills in the city.

The stock market, you might have heard, has seen better days lately, thanks in part to market concerns over the ongoing coronavirus crisis. And that's had a noticeable effect on the biggest fortunes in the world.

With the breaking news that Michael Bloomberg is dropping out of the 2020 Presidential election, here is a quick list of things he could have bought with the $500 million burned on his campaign.

The probe comes as Packer has faced a multitude of legal problems over the last few years, including trouble with authorities in China and two canceled business deals.