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.

What's New
Jeff Bezos To Pay $80 Million For Manhattan Penthouse And Two Apartments Underneath

Jeff Bezos To Pay $80 Million For Manhattan Penthouse And Two Apartments Underneath

Jun 12, 2019

Bezos is sure to have plenty of space – 12 bedrooms and a reported 17,000 square feet in all, all overlooking Manhattan's 26th Street Madison Square Park.

Billionaire's $38 Million Yacht Lost At Sea, Then Recovered, After Falling Off Cargo Ship

Billionaire's $38 Million Yacht Lost At Sea, Then Recovered, After Falling Off Cargo Ship

Jun 11, 2019

Fortunately for everyone involved, MY Song was recovered shortly after it was reported lost, albeit now sustaining heavy damage thanks to its tumble into the sea.

Warren Buffett's Berkshire Hathaway May Have Accidentally Invested In A $800 Million Ponzi Scheme

Warren Buffett's Berkshire Hathaway May Have Accidentally Invested In A $800 Million Ponzi Scheme

Jun 11, 2019

Buffett's Berkshire Hathaway investment firm may have inadvertently helped finance an $800 million "Ponzi-type" scheme, according to investigators in the FBI.

Much Of The Land In The U.S. Is Owned By Just A Handful Of Families

Much Of The Land In The U.S. Is Owned By Just A Handful Of Families

Jun 8, 2019

It probably isn't much of a surprise that a large amount of the land from sea to shining sea in the U.S. is owned by just a few families. These families have also owned their land for generations.

Billionaire James Packer's Fortune To Plummet With Sell Off Of Casino Empire

Billionaire James Packer's Fortune To Plummet With Sell Off Of Casino Empire

Jun 8, 2019

Australian billionaire James Packer has continued his trend of divesting himself of his business interests. Packer has sold almost half of his stake in Crown Resorts to a Hong Kong-based entertainment company for $1.76 billion.

Crypto Billionaire Ben Delo Pledges To Give Away Fortune To Denizens Of The Far Future

Crypto Billionaire Ben Delo Pledges To Give Away Fortune To Denizens Of The Far Future

Jun 6, 2019

In signing on to the Giving Pledge, he's set his sights on the future, pledging his fortune to causes that will help denizens of the world generations from now.

John D. Rockefeller Was AT LEAST Three Times Richer Than Jeff Bezos In His Heyday

John D. Rockefeller Was AT LEAST Three Times Richer Than Jeff Bezos In His Heyday

Jun 4, 2019

John D. Rockefeller's $1.5 billion in 1937 was roughly 1.6% of the economy. Adjusting for today's economy, his net worth would be nearly triple Jeff Bezos'. Pretty cool, right?

Jay-Z's Net Worth Officially Crosses Into Billionaire Territory For The First Time

Jay-Z's Net Worth Officially Crosses Into Billionaire Territory For The First Time

Jun 3, 2019

When we first started tracking Jay-Z's net worth in 2009, we estimated he was sitting on $300 million. Today he officially earns the title of BILLIONAIRE.

Les Wexner, Billionaire Behind Victoria's Secret, Designed An Ohio Town

Les Wexner, Billionaire Behind Victoria's Secret, Designed An Ohio Town

Jun 2, 2019

New Albany, Ohio is an idyllic enclave near Columbus. It is the brainchild of L Brands' CEO Les Wexner, the billionaire known for Victoria's Secret. He basically designed the entire town.

Steven Mnuchin's Father Robert DID NOT Just Spend $91 Million On A Jeff Koons Sculpture

Steven Mnuchin's Father Robert DID NOT Just Spend $91 Million On A Jeff Koons Sculpture

May 31, 2019

A point of clarification might be necessary: Mnuchin is an art dealer, and he carried out the purchase on behalf of billionaire art collector Steve Cohen.

MacKenzie Bezos Announces She Is Joining The Giving Pledge

MacKenzie Bezos Announces She Is Joining The Giving Pledge

May 29, 2019

In a letter released on Tuesday, May 28th, MacKenzie Bezos announced in a letter that she had joined the Giving Pledge.The Giving Pledge was launched in 2010 by Bill Gates, Melinda Gates, and Warren Buffett.

The Simple Yet Brilliant Way El Chapo Guzman Was Laundering Enormous Sums Of Money Using Gold Bars And FedEx…

The Simple Yet Brilliant Way El Chapo Guzman Was Laundering Enormous Sums Of Money Using Gold Bars And FedEx…

May 25, 2019

The Sinaloa drug cartel (run notoriously intelligent kingpin Joaquin 'El Chapo' Guzman) employed an ingenious money laundering technique. They would take their profits, use them to buy gold and jewelry, and then melt it down and sell it under fake names.

A New Study Shows There Was A 5.4 Percent Decline In The Number Of Worldwide Billionaires Last Year

A New Study Shows There Was A 5.4 Percent Decline In The Number Of Worldwide Billionaires Last Year

May 23, 2019

That leaves 2,604 billionaires on Earth, who together, control a collective fortune valued at some $8.56 trillion.

Alki David Arrested After Police Allegedly Find 5000 Cannabis Plants On His Private Jet

Alki David Arrested After Police Allegedly Find 5000 Cannabis Plants On His Private Jet

May 20, 2019

David also says that despite his arrest, he was able to clear everything up with the relevant authorities in fairly short order, first by paying his own $30,000 cash bail.

This Entrepreneur Tried To Launch His Billion Dollar Business In The U.S. But Was Denied A Visa 8 Times

This Entrepreneur Tried To Launch His Billion Dollar Business In The U.S. But Was Denied A Visa 8 Times

May 20, 2019

More than three decades ago, Eric Yuan heard Bill Gates give a speech about the internet. At that moment, he decided he wanted to be a part of it, and he wanted to do that in Silicon Valley. There was only one problem – the U.S. government denied his visa application eight times.