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
Nirav Modi Arrested In UK Over Alleged Bank Fraud In India

Nirav Modi Arrested In UK Over Alleged Bank Fraud In India

Mar 29, 2019

Nirav Modi is a jeweler whose designs have been worn by Hollywood and Bollywood stars. He's also a fugitive from the law in India due to his involvement in defrauding Punjab National Bank of $1.8 billion.

Former Billionaire Anil Ambani Makes $80M Payment To Stay Out Of Prison, Thanks To His Brother

Former Billionaire Anil Ambani Makes $80M Payment To Stay Out Of Prison, Thanks To His Brother

Mar 28, 2019

The payment is the latest development in the long Ambani saga, which for many years has involved a feud between the two brothers over the family business.

With Disney Deal, All Six Of Rupert Murdoch's Kids Become Instant Billionaires

With Disney Deal, All Six Of Rupert Murdoch's Kids Become Instant Billionaires

Mar 28, 2019

RIP 21stCentury Fox. The $71 billion merger that was approved by shareholders back in June 2018 officially took effect on Wednesday, March 20th and instantly made all six of Rupert Murdoch's children billionaires.

Paul Allen Had An Enormously Valuable Real Estate Portfolio When He Died

Paul Allen Had An Enormously Valuable Real Estate Portfolio When He Died

Mar 26, 2019

When Microsoft co-founder Paul Allen died in October he left behind a huge portfolio of real estate. From a Manhattan penthouse to a 4,000-acre retreat in Idaho to a mega-yacht, Allen had a home for any mood. He could stay in the city while in New York, Beverly Hills, or Portland, and he could sail the seven seas aboard his yacht.

Oligarch Oleg Deripaska Sues The Treasury Department Over The U.S. Sanctions Against Him

Oligarch Oleg Deripaska Sues The Treasury Department Over The U.S. Sanctions Against Him

Mar 25, 2019

Russian billionaire Oleg Deripaska is suing the Treasury Department and Secretary Steven Mnuchin in federal court, demanding that the U.S. sanctions against him be lifted on the grounds that they are illegal and damaged his finances and reputation.

38-Year-Old Banking Heir Gives Up The Ibiza DJ Life To Join Family Business

38-Year-Old Banking Heir Gives Up The Ibiza DJ Life To Join Family Business

Mar 25, 2019

Ernesto Von Furstenberg Fassio is the great nephew of Fiat family patriarch Giovanni Agnelli. He has been very focused on his career over the years. He's not in the family business, however, he is a DJ and music producer. Now the 38-year-old married father of two he's looking to shift his focus from music to banking.

Even Without Oxycotin Maker Purdue Pharma, The Sackler Family Is Worth Billions

Even Without Oxycotin Maker Purdue Pharma, The Sackler Family Is Worth Billions

Mar 23, 2019

Even without Purdue or OxyContin, the Sackler family would still have a combined net worth of $13 billion.

Who Will Get Rich With The Lyft IPO?

Who Will Get Rich With The Lyft IPO?

Mar 22, 2019

Lyft is planning to make its initial public offering in late March. The company is expected to rake in about $2 billion during its IPO and its major shareholders are set to make a mint.

Billionaire Azim Premji Has Donated $21 Billion To His Charitable Foundation

Billionaire Azim Premji Has Donated $21 Billion To His Charitable Foundation

Mar 21, 2019

The gift may make Premji one of the most generous billionaires in the world, but it likely comes as no surprise to those who are familiar with his goals and ambitions.

Billionaire Top Shop Boss Reportedly Can't Stop Groping Women

Billionaire Top Shop Boss Reportedly Can't Stop Groping Women

Mar 20, 2019

Sir Phillip Green is a British retail tycoon and the man behind the popular Topshop brand and store. He is also at the center of the U.K.'s #MeToo movement with allegations of sexual misconduct and inappropriateness stacking up against him.

Here Are The Five Richest Owners Of American Sports Teams

Here Are The Five Richest Owners Of American Sports Teams

Mar 19, 2019

Unless you're a Green Bay Packers shareholder, you've got to be pretty rich to own a sports team, and these are the richest of the rich.

The 13 Richest Tech Billionaires In The World Right Now

The 13 Richest Tech Billionaires In The World Right Now

Mar 19, 2019

The latest calculations of who the richest people in the world are is out, and to no one's surprise, tech billionaires have a large presence in the rankings.

Billionaires And Their Toys: Private Jet Edition

Billionaires And Their Toys: Private Jet Edition

Mar 18, 2019

Billionaires just love their private jets. Those are one of – if not the most – lavish things they can buy for themselves. And why not, when your annual budget allows you to spend $80 million, why would you deny yourself anything.

Forget One Dream House. World's Richest Can Buy Entire Cities!

Forget One Dream House. World's Richest Can Buy Entire Cities!

Mar 17, 2019

Some of us dream about buying a really great house – especially in higher cost of living areas like Los Angeles and San Francisco. But for the richest billionaires in the world…well, they can basically buy entire cities!

Billionaire Diamond Trader Dies During Penis Enlargement Procedure

Billionaire Diamond Trader Dies During Penis Enlargement Procedure

Mar 16, 2019

Before his death, he was known as the seller of the $48.4 million Blue Moon of Josephine diamond in 2015…. that might not be his most famous legacy though.