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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Shady Billionaire Isabel Dos Santos Charged With Money Laundering And Embezzlement
Isabel dos Santos is one of the most public examples of egregious nepotism, kleptocracy, and plundering walking the planet today. As much as she would like the world to believe in her brilliant eye for investing, the truth is 100% of her fortune is ill-gotten.
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Ponzi Scheme King Bernie Madoff Terminally Ill, Seeks Early Release From Prison
Bernie Madoff wants out of prison early because he claims he's dying of kidney disease. He recently asked a judge to grant him an early release on compassionate grounds, so he can live out his remaining days with a friend. Excuse us while we have zero sympathy for him.
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Elon Musk Has Made $16 Million PER HOUR Since January 1, 2020
Elon Musk is getting richer faster than any other billionaire, or any person, for that matter. He has made $400 million PER DAY or $16 million PER HOUR since January 1. He's made $13.5 billion since the first of the year.
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Casino Billionaire Vasil Bojkov's Collection Of Artifacts Raided By Authorities
The collection includes items purportedly dating all the way back to 6,000 BC and originating from various ancient peoples, including the Greeks, Romans, Byzantines, and more.
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Aston Martin Has Been Saved By Canadian Billionaire Behind Formula One And Michael Kors
Lawrence Stroll is a Canadian billionaire who made his fortune investing in the fashion industry. Stroll has stepped in and saved the luxury carmaker, Aston Martin, from collapse by leading a $656 million bailout.
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Elon Musk Has Gotten One Step Closer To Massive Tesla Bonus
If all the targets are met – which could take months or even years- Musk's stock option bonus could be worth $50 billion or even more depending on how high Tesla's stock continues to climb.
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Billionaire Les Wexner In Talks To Step Down And Sell Off His Stake In Victoria's Secret
Les Wexner is the billionaire tycoon behind Victoria's Secret, Bath & Body Works, and a slew of other retail giants that reside in nearly every mall and shopping center. It is being reported that he's in talks to step aside as chief executive officer of his retail empire.
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Jack Ma Makes $14 Million Donation Towards Coronavirus Vaccine And Relief
Billionaire Alibaba founder and China's richest person, Jack Ma, has pledged 100 million yuan ($14.4 million) towards developing a vaccine as well as other treatment measures.
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Elon Musk Says The Tesla.com Domain Took 10 Years And $10 Million To Acquire
On a recent episode of the Third Row Tesla Podcast, Musk told the story of how getting Tesla.com took longer than it the company took to build and sell their first automobile.
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What Happens When An Insanely Rich Person Dies Without A Will?
Shin Kyuk-ho is the founder of Lotte Group, which he guided from a simple chewing gum brand into the fifth-largest conglomerate in South Korea.
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Uncle Of Baby Shark Family Becomes Billionaire Thanks To MLB Licensing Deal
Baby Shark's Kim Min-seok's uncle, Chang-soo Kim, and his family have a net worth of around $1 billion thanks to their 54% stake in F&F Co., and the company's lucrative Major League Baseball licensing deal.
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How The Cox Family Became One Of The Wealthiest Families On The Planet, With A Combined Net Worth of $33.6 Billion
The 25 richest families in the world have a combined net worth of $1.1 trillion. The Cox family is the 14th-wealthiest family in the world with a combined $33.6 billion net worth.
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Clark Hunt Takes Kansas City Chiefs To Super Bowl For First Time Since The 1969 Season
It has been 50 years since the Kansas City Chiefs have made it to the Super Bowl. This Sunday, the team is heading to Miami to face off against the San Francisco 49ers in Super Bowl LIV thanks to the leadership of team owner Clark Hunt.
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L.A.'s Highest Property Taxes: Detroit Pistons Owner Tom Gores' $100 Million Holmby Hills Mansion
Today, we're talking about the $100 million Holmby Hills mansion of Detroit Pistons owner Tom Gores. Gores bought his 10 bedroom, 20 bathroos, 30,000 square foot mansion on 3.2 acres in 2016 for $100 million. His property tax bill is $1.22 million annually.
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Billionaire Jaime Botín Sentenced To 18 Months In Jail And A $58M Fine For Smuggling A Stolen Painting
Botín still has the option to appeal the sentence, but it's also unlikely he will actually see any jail time, thanks to a law in Spain that usually suspends prison sentences for first-time, non-violent offenders.