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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Face Mask Craze Creates New Billionaire

Face Mask Craze Creates New Billionaire

Mar 16, 2019

Face masks moisturize, exfoliate, soothe, and cool – sometimes all at once. And in recent years, they've grown in popularity by leaps and bounds. That's good news for Kim Jung-woong and his GP Club Col Ltd. It took him just two years to become a billionaire.

TikTok App Creator Beat Facebook At Its Own Game And Became A Billionaire

TikTok App Creator Beat Facebook At Its Own Game And Became A Billionaire

Mar 12, 2019

You may not know about TikTok, an app that is a hit amongst teenagers. TikTok has been downloaded from the Apple App Store and GooglePlay 39.6 million users since early November. It was the most downloaded social app in the U.S. in December. Its founder is a billionaire.

From $16 A Month Factory Worker To Billionaire Real Estate Tycoon And One Of China's Richest Self Made Women: The Wu Yajun Story

From $16 A Month Factory Worker To Billionaire Real Estate Tycoon And One Of China's Richest Self Made Women: The Wu Yajun Story

Mar 11, 2019

Today, Wu Yajun is one of the richest women in the world. She started out with a in a factory, making just $16 a month.

Salesforce CEO Marc Benioff Bought A Hawaiian War God Statue For $7.5M. But Some Think It Might Be Worth Just $5,000

Salesforce CEO Marc Benioff Bought A Hawaiian War God Statue For $7.5M. But Some Think It Might Be Worth Just $5,000

Mar 9, 2019

The jury is still out on whether the statue is an authentic piece of 18th or 19th century tribal art or good old-fashioned 20th century kitsch.

Congress Introduces A Bill To Find Out How Much Money Putin Actually Has, Some Say It's As Much As $200 Billion

Congress Introduces A Bill To Find Out How Much Money Putin Actually Has, Some Say It's As Much As $200 Billion

Mar 8, 2019

The Vladimir Putin Transparency Act, which is joined by a similar bill introduced in the Senate, seeks a detailed report from the US intelligence community on Putin's finances.

The Marijuana Billionaire Who Accurately Predicts Where It Will Be Legalized Next

The Marijuana Billionaire Who Accurately Predicts Where It Will Be Legalized Next

Mar 7, 2019

Brendan Kennedy is absolutely convinced that the end is near for the federal ban on cannabis is the United States. In fact, he predicts that the U.S. will legalize cannabis in 2021. He also expects more than 70 countries to have legalized medical marijuana by 2021.

Billionaire Oxycontin Makers Reportedly Preparing Company For Bankruptcy

Billionaire Oxycontin Makers Reportedly Preparing Company For Bankruptcy

Mar 6, 2019

Purdue Pharma, the drug maker owned by the billionaire Sackler family, is preparing for a potential bankruptcy filing as a result of the hundreds of lawsuits over its role in the opioid epidemic in the United States.

Planned IPO Of Levi Strauss & Co. Will Mint New Denim Billionaire

Planned IPO Of Levi Strauss & Co. Will Mint New Denim Billionaire

Mar 6, 2019

It is hard to believe, but Levi Strauss & Co, one of the most venerable brands in the United States, has been around since its founding in San Francisco in 1853.

The 10 Most Generous Philanthropic Donors Of 2018

The 10 Most Generous Philanthropic Donors Of 2018

Mar 5, 2019

Amazon founder Jeff Bezos isn't known for being as robust in his philanthropic endeavors as some of his fellow billionaires, but in 2018 he gave away an impressive $2 billion.

Bill Gates Has Paid $10 Billion In Taxes And Thinks Other Rich People Should, Too

Bill Gates Has Paid $10 Billion In Taxes And Thinks Other Rich People Should, Too

Mar 4, 2019

There's a debate about whether or not rich people pay their fair share in taxes. Billionaire Bill Gates said recently that even though he has paid $10 billion in taxes, he thinks his taxes could and should be higher – especially when it comes to capital gains.

The Long Fall Of Anil Ambani And The Looming Threat Of Jail Time

The Long Fall Of Anil Ambani And The Looming Threat Of Jail Time

Mar 4, 2019

Indian billionaire Anil Ambani has spent the last few years scrambling to push off creditors and suing critics of his debt-ridden business empire. Now, his moment of reckoning may have arrived, with Ambani trying to pay debts or go to jail

How The Boehringer/Von Baumbach Family Became One Of The Wealthiest Families On The Planet With A Combined Net Worth of $42.2 Billion

How The Boehringer/Von Baumbach Family Became One Of The Wealthiest Families On The Planet With A Combined Net Worth of $42.2 Billion

Mar 3, 2019

We live in an era of truly incredible wealth and vast inequality between the richest billionaires and every day, middle-class people. The Boehringer/Von Baumbach Family is the 10th-wealthiest family in the world, with a combined $42.2 billion net worth.

That $1.5 Billion Mega Millions Jackpot Is Still Unclaimed After More Than Four Months

That $1.5 Billion Mega Millions Jackpot Is Still Unclaimed After More Than Four Months

Mar 2, 2019

Whoever they are, the owner of the winning ticket has another two months or so until the six-month deadline to redeem the ticket and win the prize lapses.

"Russian Jack Ma" Becomes A Self-Made Female Billionaire On Strength Of E-Commerce Empire

"Russian Jack Ma" Becomes A Self-Made Female Billionaire On Strength Of E-Commerce Empire

Mar 2, 2019

Tatyana Bakalchuk has done something that is hard to do – she has become a self-made billionaire.

The 10 Richest Black People In The World Today

The 10 Richest Black People In The World Today

Feb 28, 2019

Of the 2,043 billionaires in the world, less than 1% are black. There are 10 black billionaires in the world today.