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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Billionaire Sackler Family, Makers Of OxyContin, Offer To Settle 2,000+ Lawsuits Against Their Company, Purdue Pharma

Billionaire Sackler Family, Makers Of OxyContin, Offer To Settle 2,000+ Lawsuits Against Their Company, Purdue Pharma

Sep 8, 2019

Purdue Pharma, the maker of OxyContin, that is largely blamed for the opioid crisis and its billionaire owners, the Sackler family, have offered to settle the more than 2,000 lawsuits against the company for $10 billion to $12 billion.

The Russian Government Wants To Take Possession Of An Old Scottish Castle, As Part Of $700 Million Lawsuit

The Russian Government Wants To Take Possession Of An Old Scottish Castle, As Part Of $700 Million Lawsuit

Sep 5, 2019

Another slightly less powerful entity was interested in the Tower of Lethendy a few years back, when it was reported that Taylor Swift was thinking about buying the property.

The House Of Grimaldi, Monaco's Ruling Family, Rules Over One Of The Wealthiest Nations In The World

The House Of Grimaldi, Monaco's Ruling Family, Rules Over One Of The Wealthiest Nations In The World

Sep 1, 2019

Just the idea of Monaco is glamourous. It's set on the French Riviera. It has casinos that James Bond would be at home in. Princess Grace lived there.

The Kadoorie Family's $18.5 Billion Net Worth Is Based On A Hong Kong Property Empire Dating Back To The 1880s

The Kadoorie Family's $18.5 Billion Net Worth Is Based On A Hong Kong Property Empire Dating Back To The 1880s

Aug 31, 2019

Michael Kadoorie is the sixth richest person in Hong Kong, with a personal net worth of $8.9 billion.

Asia's Richest Man, Mukesh Ambani, Is Grooming His Heirs To Take Over – And Modernize – His Empire

Asia's Richest Man, Mukesh Ambani, Is Grooming His Heirs To Take Over – And Modernize – His Empire

Aug 30, 2019

Mukesh Ambani is the richest man in India and the richest man in Asia. Two family events over the past year also highlighted his family's involvement in high society in India. Two of Mumbai's most glamourous events were Ambani family weddings.

The $14.7 Billion Family Fortune Built On Oyster Sauce

The $14.7 Billion Family Fortune Built On Oyster Sauce

Aug 29, 2019

Lee Kum Sheung laid the foundation for his heirs' $14.7 billion fortune 131 years ago in Guangdong, China when he invented oyster sauce. Yep, $14.7 billion from Lee's accidental discovery of oyster sauce.

The 20 Richest Families In Asia Control More Than $450 Billion

The 20 Richest Families In Asia Control More Than $450 Billion

Aug 28, 2019

Family dynasties are located all over the world and quite a number of them are in Asia – Hyundai, Samsung, Peninsula Hotel Group, Reliance Industries – all of these companies have made multibillions for the families that founded, own, and/or run them.

The Saudi Royal Family's Monthly Oil Royalties Are Insane

The Saudi Royal Family's Monthly Oil Royalties Are Insane

Aug 27, 2019

Back in 2011, a 1996 US embassy cable published by Wikileaks was made available. It stated that the monthly oil royalties ranged from $800 to $270,000 and totaled $2 billion annually.

Model Simona Andrejic Suffers Zip Line Injury At Estate Of Billionaire Chinh Chu

Model Simona Andrejic Suffers Zip Line Injury At Estate Of Billionaire Chinh Chu

Aug 26, 2019

Andrejic suffered multiple fractures to her pelvis and a flesh wound on her arm after a zip line crash at the Westchester home of finance billionaire Chinh Chu.

The Fascinating Life And Mysterious Death Of Media Mogul Robert Maxwell – Ghislane Maxwell's Father And Rumored Israeli Spy

The Fascinating Life And Mysterious Death Of Media Mogul Robert Maxwell – Ghislane Maxwell's Father And Rumored Israeli Spy

Aug 26, 2019

The life of Ghislane Maxwell's father Robert Maxwell can perhaps be summed up by knowing he was the inspiration for the villainous media mogul Elliot Carver in the James Bond film Tomorrow Never Dies.

Billionaire Dad To The Rescue! Larry Ellison To Bail Out Daughter Megan's Bankrupt Annapurna Pictures.

Billionaire Dad To The Rescue! Larry Ellison To Bail Out Daughter Megan's Bankrupt Annapurna Pictures.

Aug 24, 2019

Last week, we told you about the sticky situation Megan Ellison had gotten her award-winning production house Annapurna Pictures in. Now, we're hearing that Megan's billionaire father is swopping in to save the day.

David Koch – The 8th Richest Person On The Planet – Dead At 79

David Koch – The 8th Richest Person On The Planet – Dead At 79

Aug 23, 2019

David Koch, controversial billionaire and younger brother to Charles Koch, has died at 79. The Koch brothers ran Koch Industries, the second largest private conglomerate with an annual revenue of $110 billion.

The Koch Brothers Are Worth A Combined $100 Billion. How Did They Make Their Money? How Do They Spend Their Money

The Koch Brothers Are Worth A Combined $100 Billion. How Did They Make Their Money? How Do They Spend Their Money

Aug 23, 2019

Charles and David Koch are two of the richest people in the world. Charles Koch has a net worth of $47 billion and his younger brother David has a net worth of $50 billion. They are two of the most controversial billionaires around.

Warren Buffett Says He "Virtually Memorized" This Obscure 1936 Book As A Child

Warren Buffett Says He "Virtually Memorized" This Obscure 1936 Book As A Child

Aug 21, 2019

The lessons found in One Thousand Ways to Make $1,000 clearly made their mark on him as he grew into the massively successful investor he is today. 

If The House Of Saud Is Worth $1 Trillion, It Would Make Them The Richest Family In The World

If The House Of Saud Is Worth $1 Trillion, It Would Make Them The Richest Family In The World

Aug 20, 2019

There are about 15,000 members of the Al Saud family. Their collective fortune is believed to be more than $100 billion, which would make them the fourth-richest family in the world. That said, $100 billion is a very conservative estimate of the family's net worth, which could be as high as $1 trillion.