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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These Six 2019 Real Estate Deals All Topped $100 Million
There was a small group of absolutely enormous real estate sales in 2019 that topped $100 million. From a penthouse in Manhattan, to mansions in Palm Beach and Los Angeles, these mega deals made the news.
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WeWork's Adam Neumann Set To Earn Hundreds Of Millions More From Failing Company
Adam Neumann was given a $1.7 billion exit package to walk away from WeWork. Now, it's been revealed that he's set to earn hundreds of millions of dollars more due to an agreement struck with the company in October.
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Uber Co-Founder Travis Kalanick Has Sold Off His Entire Uber Stake
He started selling the stock, reportedly worth about $2.5 billion, back in early November, when the first investors in Uber were allowed to sell their shares.
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Orlando Bravo Is The Hottest Hot Shot On Wall Street And A Brand New Multi Billionaire
Orlando Bravo made his debut on the list of the wealthiest Americans and joined the billionaire's club in 2019. Besides having the coolest name on the planet, this finance guy is a former junior tennis star and the only Puerto Rican-born billionaire.
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Billionaire Dan Och Buys $95 Million Central Park South Apartment
Och has reportedly relocated to South Florida, but apparently isn't ready to say goodbye to New York altogether, and will use the spacious apartments whenever he's in town.
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From White Claw, To Sandwiches, To Kombucha: 10 Notable New Billionaires Of 2019
The year (and the decade!) is almost over. It's been full of highs and lows on the stock market and in the ongoing trade war between the U.S. and China. Despite predictions of doom and gloom, the year did mint a number of new billionaires.
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Billionaire Roku Founder Anthony Wood Has Quadrupled His Net Worth This Year
Anthony Wood is pretty much responsible for the way we watch television programming today. He created one of the first DVRs that allowed us to fast-forward through commercials. Now, he's embracing those commercials and in the process, quadrupled his net worth this year.
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OxyContin Makers Found To Have Taken $4.1 Billion In Payouts From Purdue Pharma As Opioid Crisis Was Developing
The Sackler family just keeps digging themselves deeper into the mess they're in. I has been revealed that Purdue paid $4.1 billion to the Sacklers as the opioid crisis was developing.
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Bet365 CEO Denise Coates Took Home A Record $422 Million Last Year
The company's own recently published accounting indicates a total compensation totaling $422 million US for the last fiscal year, ending in March of 2019.
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Heiress Tamara Ecclestone's House Burglarized, Thieves Get Away With More Than $66 Million Worth Of Jewelry
Tamara Ecclestone, is reported to be "angry and shaken" following an incredible burglary of more than $66 million worth of jewelry from her home in London just after she left for a holiday vacation.
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Elon Musk Works For Tesla For Free – But Thanks To A Highly Unusual Compensation Plan He Could Earn $100 Billion
Can you imagine working for free? That's exactly what Elon Musk does. Now, of course, he has $23 billion reasons to not need any more money, but still! If he meets certain goals for Tesla, however, he could earn $100 billion.
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The 15 Richest Tycoons In The Fashion Industry Right Now
Fashion is big business. In fact, it's a $2.5 trillion global industry that has made some of the people who work in it incredibly wealthy. And that makes sense, because people need clothes! The combined top 15-richest fashion industry tycoons are worth roughly a combined $361.4 billion.
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Billionaire Behind Tommy Hilfiger And Michael Kors Seeks Stake In Aston Martin
Lawrence Stroll is a Canadian billionaire who made his fortune investing in the fashion industry. Reports are surfacing that he is seeking a major stake in luxury carmaker Aston Martin. Stroll, who is worth $2.7 billion, also owns the Formula One team Racing Point.
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How Can A Billionaire Like Elon Musk Be Low On Cash?
"A lot of cash" probably means a lot of different things depending on who you ask, it is true that the vast majority of Musk's wealth is tied up in his two major business ventures: Tesla and SpaceX.
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Move Over Mackenzie Bezos, There's Another Billion-Dollar Divorce Settlement About To Happen
Billionaire Chey Tae-won, the former chairman of SK Group, South Korea's largest conglomerate is getting a divorce from his wife Roh Soh-yeong. This is definitely not good news for Chey as Roh is demanding 42.3% of his stake in SK Holdings.