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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Jeff Bezos To Pay $80 Million For Manhattan Penthouse And Two Apartments Underneath
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.
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Billionaire's $38 Million Yacht Lost At Sea, Then Recovered, After Falling Off Cargo Ship
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.
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Warren Buffett's Berkshire Hathaway May Have Accidentally Invested In A $800 Million Ponzi Scheme
Buffett's Berkshire Hathaway investment firm may have inadvertently helped finance an $800 million "Ponzi-type" scheme, according to investigators in the FBI.
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Much Of The Land In The U.S. Is Owned By Just A Handful Of Families
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.
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Billionaire James Packer's Fortune To Plummet With Sell Off Of Casino Empire
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.
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Crypto Billionaire Ben Delo Pledges To Give Away Fortune To Denizens Of The Far Future
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.
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John D. Rockefeller Was AT LEAST Three Times Richer Than Jeff Bezos In His Heyday
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?
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Jay-Z's Net Worth Officially Crosses Into Billionaire Territory For The First Time
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.
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Les Wexner, Billionaire Behind Victoria's Secret, Designed An Ohio Town
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.
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Steven Mnuchin's Father Robert DID NOT Just Spend $91 Million On A Jeff Koons Sculpture
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.
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MacKenzie Bezos Announces She Is Joining The Giving Pledge
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.
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The Simple Yet Brilliant Way El Chapo Guzman Was Laundering Enormous Sums Of Money Using Gold Bars And FedEx…
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.
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A New Study Shows There Was A 5.4 Percent Decline In The Number Of Worldwide Billionaires Last Year
That leaves 2,604 billionaires on Earth, who together, control a collective fortune valued at some $8.56 trillion.
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Alki David Arrested After Police Allegedly Find 5000 Cannabis Plants On His Private Jet
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.
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This Entrepreneur Tried To Launch His Billion Dollar Business In The U.S. But Was Denied A Visa 8 Times
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.