Billionaire News | Celebrity Net Worth

In an acquisition that will bring an end to the auction house's 31-year stint on the New York Stock Exchange, Patrick Drahi made a deal to purchase Sotheby's for $3.7 billion.

Clif Bar has ridden the boom in the energy bar market to become one of the biggest independent players in the industry and along the way, the founders found their perfect partner in business and in life.

Schwarzman's donation of a little over $188 million will go towards establishing a new institute at Oxford University devoted to ethical issues in AI.

French billionaire Bernard Arnault just joined the world's most exclusive club. Only he, Jeff Bezos, and Bill Gates are members. The key to entrance? Oh, just have a net worth of at least $100 billion.

Li Ka-Shing, the richest man in Hong Kong, is taking a page from the book of Robert F. Smith. On June 16th, his foundation announced that the incoming fall 2019 class of Shantou University will not have to pay a single dollar towards their tuition.

It's a trait that tends to make itself known in the famously frugal spending habits of super-rich individuals, like Warren Buffett and Bill Gates.

Badziag spent five years conducting interviews and analyzing the results, and he found not just one, but six commonalities in the archetypal successful billionaire.

Fast fashion is big business and no one does it quite as well as Forever 21. There's no better place to go for a $19.95 sweater that happens to be spot on with current fashion and seasonal trends. Forever 21 was founded by Do Won Chang and his wife, Jin Sook Chang.

Panda Express got its start back in 1973, when 25-year-old Andrew, and 23-year-old Peggy Cherng opened the first Panda Inn in Pasadena, California. Today, it is a multi-billion dollar business and Andrew and Peggy are one of the richest couples in the U.S.

Chances are, you've spotted or maybe even stopped at a Love's Travel Stop while on a road trip in the U.S. These respites from long days on the road have been welcoming weary travelers since the 1960s thanks to Tom and Judy Love.

Beyond Carbon's ultimate goal is to have every remaining coal plant in America shut down by 2030, replacing them with clean, sustainable sources of energy instead.

GT's Living Foods is the leading maker of Kombucha. The founding story of the company involves a Buddhist nun, a cancer scare, a luxury department store, Gwyneth Paltrow, the fountain of youth, and an entrepreneurial 17-year-old from Los Angeles' ritzy Bel Air neighborhood.

John Paul DeJoria, the billionaire co-founder of John Paul Mitchell Systems just bought the 80-acre McDonald's campus in the Chicago suburb of Oak Brook.

Hedge fund manager Philip Falcone and his wife Lisa have just sold their Upper East Side New York City townhouse for nearly $80 million – making it the most expensive residential townhouse ever sold in Manhattan.

Consider how hard is is to become a self-made billionaire in general, but in the entertainment industry it takes even more hard work, wise investing, and strategic partnerships for a filmmaker, talk show host, musician, magician, and athlete to become a billionaire.