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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The Walton Family Fortune Has Grown By $4 Million Every Hour For The Past Year
Sam Walton's heirs made $70,000 per minute, $4 million per hour, $100 million per day, over the past year. In the past year alone, the Walton fortune is up $39 billion to $191 billion.
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Billionaire Limited Founder Les Wexner Says The Late Jeffrey Epstein "Misappropriated Vast Sums Of Money" From Wexner's Fortune
Les Wexner, billionaire Limited founder said in a letter to his foundation that Jeffrey Epstein "misappropriated vast sums of money from me and my family."
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Megan Ellison's Oscar Winning Production Company Annapurna On Verge Of Bankruptcy – Will Dad Step In And Bail Her Out?
Megan Ellison's Annapurna Pictures is an Oscar-winning production company. It's been called cutting edge. It's been called a taste maker. That's all well and good, but those things don't pay the bills and Ellison's company is on the verge of Chapter 11 bankruptcy.
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The Time Leslie Wexner Spent $16.5M on Ferrari And Then Had To Spend Another $12M Fighting For It In Court
Spending millions on a Ferrari might end up embroiling you in a protracted and expensive legal battle over ownership of the car.
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Was Jeffrey Epstein Actually A Billionaire??
Was Jeffrey Epstein actually a billionaire? And how did he come by his money, by the way? Inquiring minds want to know!
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MacKenzie Bezos Is Now Officially The Second-Largest Amazon Shareholder And The World's 3rd-Richest Woman
While MacKenzie's stake in Amazon is highly lucrative, it will not come with any executive control over the company founded by her ex-husband, as per their divorce agreement.
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Some Equinox And Soul Cycle Members Are Upset To Learn That The Clubs' Billionaire Owner Stephen Ross Is Hosting Trump Fundraiser
Do you hear that people? That's the keening, wailing angst of thousands of members of $200+ a month gyms Equinox and Soul Cycle as they realize their membership fees are lining the pockets of a man throwing a $5,600 to $250,000 a plate fundraiser for Donald Trump.
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Chinese Billionaire Fugitive Guo Wengui Sues CNN For $50 Million For Calling Him A "Spy"
Wengui wants $50 million from CNN, its parent company, and Burnett herself, all named as defendants in the lawsuit.
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Billionaire John Arnold Blows The Whistle On Tax Loophole For Billionaire Charitable Foundations
John Arnold and his wife Laura are billionaire philanthropists who are sick and tired of other wealthy people taking advantage of a controversial tax loophole that allows donors to stash more than $100 billion in assets by saying it is slated for charity.
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WhatsApp Co-Founder Jan Koum Built An $80 Million Compound In Atherton, CA
Altogether, the compound is composed of six buildings – one of which is a detached two-story garage built to house Koum's famous car collection.
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Meet Pony Ma, The Man Battling Jack Ma For The Title Of China's Richest Person
Both Jack Ma and Pony Ma are effectively neck-and-neck in the Chinese wealth rankings, and as of this writing Huateng has the edge with a net worth of $42 billion.
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Billionaire Denny Sanford Donates $100 Million To Study "Empathy And Compassion" After Meeting With The Dalai Lama
The grant will go towards studying compassion and empathy in doctors, who Sanford says can sometimes lose sight of these qualities in their harsh, ultra-scientific jobs.
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Jeff Bezos Says He Spends Billions On Space Exploration For The Future Of Humanity
For now, Bezos and Blue Origin are focused on space tourism, as a sort of building block for future space projects, including manufacturing products in space and transporting them to Earth.
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Hollywood Power Couple Haim And Cheryl Saban Donate $420 Million, Challenge Others In Hollywood To Do The Same
Haim and Cheryl Saban are a Hollywood power couple andvery philanthropically minded. How much? They've pledged much of their $3.4 billion to charity, focused on causes like healthcare and women's empowerment and they challenge others to do the same.
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Jay-Z Is Now The Chief Brand Strategist For Cannabis Brand Caliva
Jay-Z has partnered with California cannabis brand Caliva, and the partnership doesn't appear to be a simple endorsement deal.