Billionaire News | Celebrity Net Worth

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.

Who is the richest actor in the world? The answer might surprise you.

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.

Barron Hilton was the second-largest philanthropist in America in 2019 with a $2.4 billion donation to various causes, fulfilling his pledge to cut his heirs out of his will and leave his $4.5 billion fortune to charity.

Anil Ambani made headlines recently when he announced that he was officially broke. He is far from the first billionaire to lose it all.

eBay founder Pierre Omidyar and his wife have continued their commitment to philanthropy in a big way.  They have an end goal of giving away 99% of their wealth by 2020 and donated nearly half a billion dollars in 2019.

As a member of the Giving Pledge, Warren Buffett has donated more to philanthropy than he was worth back in 1990.

Draper's reasoning is that the stock market can be plenty volatile too, and with possible economic turmoil in the future, he sees Bitcoin as the safer investment.

But don't expect Buffett to be appearing at any Bloomberg campaign events any time soon, or even make a formal endorsement, for reasons that he also made clear.

B.R. Shetty was once a billionaire with a taste for the finer things in life. He had a private jet, flashy cars, and two entire floors of the world's tallest skyscraper. He hobnobbed with politicians, Bollywood celebrities, and Bill Gates. Now, he's facing the collapse of all he built.