Billionaire News | Celebrity Net Worth

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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 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.

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.

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.