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.

What's New
Billionaire Larry Ellison Is Raking In The Cash On His $1 Billion Tesla Bet

Billionaire Larry Ellison Is Raking In The Cash On His $1 Billion Tesla Bet

Jan 20, 2020

Larry Ellison made a $1 billion bet on Tesla in late 2018. Now, he's making a killing on that bet as Tesla stocks have been on a serious rally lately.

Japanese Billionaire Looking For Single Woman To Go To The Moon With Him On SpaceX Rocket

Japanese Billionaire Looking For Single Woman To Go To The Moon With Him On SpaceX Rocket

Jan 17, 2020

Calling all the single ladies! Now is your chance to go on an out of this world (literally) date with a billionaire. Yusaka Maezawa is a Japanese billionaire who paid SpaceX for a trip around the Moon in 2023. Now, he's looking for a lady to go with him.

LA's Highest Property Tax: Beyoncé And Jay-Z's House

LA's Highest Property Tax: Beyoncé And Jay-Z's House

Jan 17, 2020

It took Beyonce and Jay-Z awhile to find their Los Angeles home but when they did, they spared no expense. Beyoncé and Jay-Z dropped $88 million on a modern estate in Bel Air that comes with a hefty property tax bill annually.

Angolan Billionaire Isabel dos Santos' Assets Frozen In Crackdown Against Father's Corrupt Government

Angolan Billionaire Isabel dos Santos' Assets Frozen In Crackdown Against Father's Corrupt Government

Jan 16, 2020

A few weeks ago, an Angolan court issued an order to freeze the assets of billionaire Isabel dos Santos and her husband, Sindika Dokolo, due to a crackdown on the family of the former president of Angola.

Fashion Billionaire Yusaku Maezawa Announces $9 Million Giveaway "Social Experiment"

Fashion Billionaire Yusaku Maezawa Announces $9 Million Giveaway "Social Experiment"

Jan 15, 2020

Japanese fashion billionaire Yusaku Maezawa wants to find out if money really can buy happiness. And he's doing it by giving a $9 million chunk of his fortune away to 1,000 of his Twitter followers.

LA's Highest Property Taxes: 25040 Pacific Coast Highway

LA's Highest Property Taxes: 25040 Pacific Coast Highway

Jan 15, 2020

In 2018, a minimalist mansion on the Pacific Coast Highway in Malibu sold to Edmonton Oilers owner Daryl Katz for $85 million. This home carries an annual property tax bill of $1.01 million.

If You Want To Be Rich Live Frugally – Like These 6 Frugal Billionaires

If You Want To Be Rich Live Frugally – Like These 6 Frugal Billionaires

Jan 14, 2020

The six billionaires highlighted in this article have a few things in common. For one thing, they are billionaires and among the wealthiest people on earth. They are also, in varying degrees, pretty frugal – especially considering their net worths.

How WorldCom CEO Bernard Ebbers Went From Billionaire Telecom Cowboy To Broke, Convicted Felon

How WorldCom CEO Bernard Ebbers Went From Billionaire Telecom Cowboy To Broke, Convicted Felon

Jan 13, 2020

Bernard "Bernie" Ebbers was sent to prison in 2006 after being found guilty of one of the biggest financial frauds of the 20th century. Now, he's being released early, due to suffering from dementia after serving a little over half of his 25-year sentence. Some people think he's faking it.

Nutella Heir Adds Nearly $10 Billion To Chocolatey Net Worth In 2019

Nutella Heir Adds Nearly $10 Billion To Chocolatey Net Worth In 2019

Jan 13, 2020

Nutella is a favorite – almost a cult favorite. It has a fan base that's pretty devoted. The man behind Nutella these days is 55-year-old Giovanni Ferrero, heir to the Nutella fortune.

California Sues Billionaire Vinod Khosla Over Beach Access

California Sues Billionaire Vinod Khosla Over Beach Access

Jan 11, 2020

Billionaire Vinod Khosla has been fighting for the right to close access to Martin's Beach since he bought the 89-acre property adjacent to the beach in 2008 for $32.5 million. Now, the state of California is suing him.

William Belo Becomes Billionaire Through Crocodile Farming And Home Improvement

William Belo Becomes Billionaire Through Crocodile Farming And Home Improvement

Jan 10, 2020

William Belo started his fortune with the Filippino version of the Home Depot – Wilcon Depot. He grew it by buying a crocodile farm. Today, he makes at least $500,000 annually just from selling the croc skins and is a billionaire.

Kind Bar Founder Becomes Billionaire By Championing Random Acts Of Kindness

Kind Bar Founder Becomes Billionaire By Championing Random Acts Of Kindness

Jan 10, 2020

Daniel Lubetzky is the 51-year-old founder of Kind Healthy Snacks. The company has $800 million in sales and is worth about $2.9 billion. Lubetzky is the majority owner of Kind Healthy Snacks, which gives him a net worth of $1.5 billion.

In Blog Post, Bill Gates Says His Wealth Is Proof That The System Isn't Fair

In Blog Post, Bill Gates Says His Wealth Is Proof That The System Isn't Fair

Jan 9, 2020

In a recent post on his personal blog commemorating the new year, Gates shared his thoughts and ideas on the subject of "how we can make our tax system more fair."

A Decade Before The WeWork Disaster, Masayoshi Son Lost More Money Personally Than Any Human, Ever

A Decade Before The WeWork Disaster, Masayoshi Son Lost More Money Personally Than Any Human, Ever

Jan 8, 2020

Some people just have a knack for making bad choices. Chances are you have a friend or family member like this. Masayoshi Son, the founder and Chairman of Softbank is one of these people

Google Billionaire Larry Page Has Given Billions To His Foundation, But Almost None Of It Has Gone Directly To Charity

Google Billionaire Larry Page Has Given Billions To His Foundation, But Almost None Of It Has Gone Directly To Charity

Jan 3, 2020

Relatively little of this money is actually going straight to charity, but instead to something called DAFs, or donor-advised funds, a practice that some say is being used to dodge financial accountability in charitable endeavors.