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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Alki David Ordered To Pay $58 Million In Sexual Battery And Harassment Case

Alki David Ordered To Pay $58 Million In Sexual Battery And Harassment Case

Dec 11, 2019

David has been ordered to pay one of the largest sums of damages ever awarded in any civil employment case: $58.25 million both compensatory and punitive damages.

The 12 Richest Billionaire Premier League Soccer Club Owners

The 12 Richest Billionaire Premier League Soccer Club Owners

Dec 10, 2019

Ever since billionaire oligarch Roman Abramovich bought Chelsea in 2003 the English football clubs have become the playground of billionaire owners. There are now 12 billionaire owners in Premier League clubs.

Former Billionaire James Stunt Reportedly Tried To Borrow More Than $50 Million Against Alleged Forged Paintings

Former Billionaire James Stunt Reportedly Tried To Borrow More Than $50 Million Against Alleged Forged Paintings

Dec 10, 2019

The three allegedly forged paintings were part of a group of 17 works that were loaned to Dumfries House for a period of ten years, and were supposed to be the work of masters Monet, Picasso and Dalí.

Elon Musk Testifies In Court That His Net Worth Is Around $20 Billion, With Little Cash

Elon Musk Testifies In Court That His Net Worth Is Around $20 Billion, With Little Cash

Dec 9, 2019

When asked if $20 billion was a "reasonable estimate" of his net worth, he replied again that he didn't know, but that "I think SpaceX and Tesla stock probably amount to that."

The 15-Richest NHL Team Owners And How They Made Their Money

The 15-Richest NHL Team Owners And How They Made Their Money

Dec 7, 2019

Owning a pro-sports team is a very exclusive club. In fact, it's a club open exclusively to billionaires. That's true in the NFL, NBA, and the NHL. The 15-richest NHL hockey team owners have a combined net worth near $115 billion.

What City In The US Has The Most Billionaires?

What City In The US Has The Most Billionaires?

Dec 5, 2019

The Big Apple has more billionaires residing within it than any other city not just in the US, but in the entire world. But if you look at per capita stats, you find a different answer.

He Climbs Mountains, He Builds Stadiums, He Owns A Hockey Team – Meet Billionaire Ed Roski

He Climbs Mountains, He Builds Stadiums, He Owns A Hockey Team – Meet Billionaire Ed Roski

Dec 4, 2019

Ed Roski, Jr. is a billionaire real estate developer. Roski has also attempted to climb Mt. Everest, K2, and Mt. Kilimanjaro and he's one of the owners of the Los Angeles Kings and Lakers. He's a pretty interesting guy.

Kylie Jenner Is The Newest Member Of The Celebrity Billionaire Club – Who Are The Others?

Kylie Jenner Is The Newest Member Of The Celebrity Billionaire Club – Who Are The Others?

Dec 2, 2019

George Lucas, Steven Spielberg, Oprah, Paul McCartney, David Copperfield, Jay-Z, Michael Jordan, and now Kylie Jenner are all members of the very exclusive celebrity self-made billionaires club.

Former Billionaires Ernest And Evelyn Rady Donate $200 Million To Rady Children's Hospital

Former Billionaires Ernest And Evelyn Rady Donate $200 Million To Rady Children's Hospital

Dec 2, 2019

San Diego's Rady Children's Hospital is going to get a state-of-the art, "top to bottom transformation," thanks to a $200 million gift from Ernest and Evelyn Rady.

Iceland's Only Billionaire, Björgólfur Thor Björgólfsson, Lost His Entire Fortune, Then Rebuilt It

Iceland's Only Billionaire, Björgólfur Thor Björgólfsson, Lost His Entire Fortune, Then Rebuilt It

Nov 30, 2019

Björgólfur Thor Björgólfsson is Iceland's only billionaire. He made his fortune over a decade and lost it over a week. Four years later, he was once again a billionaire.

Kylie Jenner's Cosmetics Company Now Owned By Billionaire Krispy Kreme Family, Which Has A Nazi Past

Kylie Jenner's Cosmetics Company Now Owned By Billionaire Krispy Kreme Family, Which Has A Nazi Past

Nov 29, 2019

Kylie Jenner truly became a self-made billionaire when she sold 51% of Kylie Cosmetics to Coty for $600 million. Coty is part of the German conglomerate JAB, which also owns Krispy Kreme. JAB is owned by the Reimann family, who you may remember learned that during World War II, their relatives were Nazis.

The 12 Countries With Only One Billionaire

The 12 Countries With Only One Billionaire

Nov 27, 2019

There are about 2,153 billionaires in the world today. There are a number of countries with just one billionaire, however, and we've done the digging to find out where that is, who they are, how much they're worth, and how they made their fortunes.

Is Real Estate Mogul (And Father Of Super Models) – Mohammed Hadid – Broke After Building Enormous Illegal Bel Air Mansion?

Is Real Estate Mogul (And Father Of Super Models) – Mohammed Hadid – Broke After Building Enormous Illegal Bel Air Mansion?

Nov 26, 2019

The saga over Mohamed Hadid's Bel Air mega-mansion is ongoing. Over the summer, we reported on the alleged bribes he paid to city inspectors and the reportedly falsified reports, and how his construction manager calls the structure unsafe. Now, he's claiming to be too broke to tear the house down.

The Billionaires Of The World Lost A Total Of $388 Billion Last Year

The Billionaires Of The World Lost A Total Of $388 Billion Last Year

Nov 23, 2019

That's a drop of about 4.3 percent, and it came after five years of upward trends for billionaire wealth.

Travis Kalanick Sells $547 Million Of Uber Stock To Fund His Next Venture

Travis Kalanick Sells $547 Million Of Uber Stock To Fund His Next Venture

Nov 19, 2019

Well, that didn't take long. It's been just about two years since Travis Kalanick was forced out of the company he helped co-found: Uber. Now, he's sold an enormous chunk of Uber stock just as the ride-sharing company's post-IPO lockup period has ended. What's he up to?