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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Faraday Future Founder Yueting Jia Files For Chapter 11 Bankruptcy, Reportedly Owes $3.6 Billion In China
Jia is reportedly only preparing to declare bankruptcy as a "backup plan," because he intends to settle those debts by way of "a trust backed by the value of his ownership stake" in the company.
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The State Of Nevada Is Trying To Ban Steve Wynn From The Casino Business
The Nevada Gaming Control Board has filed a criminal complaint against Wynn, claiming the allegations against him discredited the board.
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Inside The Lavish Life Of American Beer Heiress And Monaco Royal Family Member, Tatiana Santo Domingo
Tatiana Santo Domingo Casiraghi is an American beer heiress and wife of Andrea Casiraghi, one of the members of Monaco's royal family. She is a socialite born on November 23, 1983, in New York City. She is the wealthiest citizen of Monaco.
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Billionaire T. Denny Sanford Donates $350 Million To What Will Now Be Known As Sanford National University
Sanford's donations to National University is part of about $2 billion worth of giving he's done so far, with the stated intention of giving it all away by the end of his life.
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Billionaire David Walentas Pledges $100 Million Donation Towards First-Generation Students At The University Of Virginia
Part of that sum will go towards establishing a new scholarship program directed towards "the most talented first-generation students" and attracting them to the school.
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Adam Neumann And His Wife Rebekah Paltrow Neumann Pledged $1 Billion To Charity – How Much Is That Worth Today?
There's been a lot going on with WeWork founder Adam Neumann, the company he founded, the way he runs it, and the role his wife plays in it. We also were thinking back to that time when WeWork's valuation was $47 billion – I mean, it wasn't all that long ago…
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Only Two People On The List Of The Richest Americans In 1982 Are Still On That List Today
Every year since 1982, the list of the 400 richest Americans has been released. While Bill Gates, Jeff Bezos, Warren Buffett, and Mark Zuckerberg have dominated the several most recent lists, only two of the people on the first list are still on it today.
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Four Billionaire Sisters Drop Off List Of The Wealthiest Americans
Four sisters each have a net worth of $1.7 billion, down from $2.1 billion each last year. They've dropped off the list of the 400 wealthiest Americans.
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Former WeWork CEO Adam Neumann's Net Worth Has Dropped 90% In 30 Days…Could Personal Bankruptcy Be Looming?
WeWork CEO Adam Neumann started the summer with a paper net worth of $4.7 billion. His fortune has dropped 90% and there are whispers of a personal bankruptcy on the horizon.
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French Billionaire Francois Pinault Signs Over $109 Million To Notre Dame Cathedral Repair
Seemingly inspired by Pinault's pledge, his main rival in the world of French-owned luxury brands, Bernard Arnault of LVMH, announced a pledge of his own soon after.
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Mark Cuban Says He Has "Close To A Billion Dollars" Worth Of Amazon Stock
The owner of the Dallas Mavericks recently revealed what he called his "biggest holding:" almost $1 billion worth of stock in the online retail giant Amazon.
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Rockstar Energy Drink Billionaire Russell Weiner Lists Two Florida Properties For $71.5 Million
Russell Weiner, the energy drink billionaire, is looking to sell not just one but two luxury properties located in two Florida neighborhoods.
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RIP Bill Bidwill: Longtime Arizona Cardinals Owner Dead At 88
Bill Bidwill, the longtime owner of the NFL's Arizona (and before that Chicago and St. Louis) Cardinals passed away Wednesday, October 2nd, surrounded by his family and loved ones, according to a statement from the team. He was 88 years old.
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Billionaire Philanthropists Stewart And Lynda Resnick Give $750 Million To Climate Change Research Grant For Caltech
Among the first fruits of the investment will be a 75,000-square-foot building that will serve as the campus's Resnick Sustainability Resource Center.
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Billionaire Robert F. Smith Makes Another Pledge To Pay Off Student Loans – This Time To The Parents Of Morehouse College Class Of 2019
In May, billionaire Robert F. Smith announced in his commencement address to Morehouse College's class of 2019 that he'll be paying off the entire graduating class' of 2019. Now he's also going to pay off the students' parents' education debt.