Billionaire News

Stay updated on the world's wealthiest individuals. Read the latest on billionaire business moves, secret fortunes, and the financial empires of the 0.001%.

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Meet 100-Year-Old Chang Yun Chung, The World's Oldest Billionaire

Meet 100-Year-Old Chang Yun Chung, The World's Oldest Billionaire

Dec 9, 2018

Chang was still active in the shipping business until "only recently," finally slowing down as head of his Pacific International Lines after nearly 70 years in the shipping business.

"Billionaire Bookie" Denise Coates Scored Record $281 Million In Pay Last Year

"Billionaire Bookie" Denise Coates Scored Record $281 Million In Pay Last Year

Dec 7, 2018

Coates' pay for last year puts her at the top of UK executives in terms of compensation, and represents an increase of about ten percent, compared to what she made the year before.

From Oil Wildcatter To Reality TV Star To Potential Billionaire

From Oil Wildcatter To Reality TV Star To Potential Billionaire

Dec 7, 2018

In 1996, Autry Stephens struck out on his own to pursue riches in the oil industry via his Big Dog Drilling Co. He had just one rig. Now, 22 years later, he owns the largest closely-held oil producer by production volume in Texas, with a valuation of $15 billion.

Saudi Crown Prince Mohammed bin Salman Has Reportedly "Misplaced" A $450 Million Painting He Bought Last Year

Saudi Crown Prince Mohammed bin Salman Has Reportedly "Misplaced" A $450 Million Painting He Bought Last Year

Dec 6, 2018

The disappearance is only the latest chapter in Salvator Mundi's long, complicated history, that has seen it go from an overpainted, virtually worthless mess to a genuine, authenticated da Vinci.

Insanely High Death Tax Keeps LG Heir Out Of Billionaire's Club

Insanely High Death Tax Keeps LG Heir Out Of Billionaire's Club

Dec 6, 2018

Koo Kwang-mo took the helm of his family's business after his father died in May. Koo inherited his father's 8.8% stake in LG, giving him 15% of the company. His holding is valued at $1.55 billion. He lives in South Korea, and the inheritance or "death" tax is one of the highest in the world.

South Korea's Biggest Startup Of All Time Mints New Billionaire

South Korea's Biggest Startup Of All Time Mints New Billionaire

Dec 6, 2018

Bom Kim didn't set out to become the e-commerce king of South Korea, but it is a good thing he did as it has made him a billionaire. Coupang, Kim's company, is South Korea's largest e-commerce company.

How The SC Johnson Family Became One Of The Wealthiest Families On The Planet With A Combined Net Worth of $28.2 Billion

How The SC Johnson Family Became One Of The Wealthiest Families On The Planet With A Combined Net Worth of $28.2 Billion

Dec 1, 2018

The 25 richest families in the world have a combined net worth of $1.1 trillion. The SC Johnson family is the 19th-wealthiest family in the world with a combined $28.2 billion net worth.

How The Cargill MacMillan Family Became One Of The Wealthiest Families On The Planet With A Combined Net Worth of $42.3 Billion

How The Cargill MacMillan Family Became One Of The Wealthiest Families On The Planet With A Combined Net Worth of $42.3 Billion

Nov 30, 2018

The 25 richest families in the world have a combined net worth of $1.1 trillion. The Cargill MacMillan family is the 9th wealthiest family in the world with a combined $42.3 billion net worth.

How The Dumas Family Became One Of The Wealthiest Families On The Planet, With A Combined Net Worth of $49.2 Billion

How The Dumas Family Became One Of The Wealthiest Families On The Planet, With A Combined Net Worth of $49.2 Billion

Nov 30, 2018

The 25-richest families in the world have a combined net worth of $1.1 trillion. The Dumas family is the 5th-wealthiest family in the world with a combined $49.2 billion net worth.

Michael Bloomberg Just Made An Enormous Donation To His Alma Mater To Fund Financial Aid

Michael Bloomberg Just Made An Enormous Donation To His Alma Mater To Fund Financial Aid

Nov 29, 2018

Billionaire Michael Bloomberg announced on November 18th that he's donating a record $1.8 billion to Johns Hopkins University. The donation is specifically to support student financial aid and made the school's admissions process "forever need-blind."

How Generous Are America's Billionaires?

How Generous Are America's Billionaires?

Nov 29, 2018

he wealthiest American billionaires in the United States have net worths that are hard for normal people to comprehend. We've ranked 28 of the wealthiest on a scale of 1 to 5, according to how generous they are.

How The Hearst Family Became One Of The Wealthiest Families On The Planet With A Combined Net Worth of $24.5 Billion

How The Hearst Family Became One Of The Wealthiest Families On The Planet With A Combined Net Worth of $24.5 Billion

Nov 28, 2018

The 25 richest families in the world have a combined net worth of $1.1 trillion. The Hearst family is the 23rd wealthiest family in the world, with a combined $24.5 billion net worth.

A Robot That Can Perform Spine Surgery Created A Billionaire

A Robot That Can Perform Spine Surgery Created A Billionaire

Nov 28, 2018

One of the most fascinating things about billionaires is the myriad ways they attain their membership in the 10+ figure club. Take David C. Paul, for instance. He founded a company that has a robot that performs spine surgery.

Billionaire Joe Lewis Sells Hockney Painting For Record $90.3 Million

Billionaire Joe Lewis Sells Hockney Painting For Record $90.3 Million

Nov 27, 2018

The painting's sale for $90.3 million – in addition to representing a strong profit for Lewis – also makes Hockney "the most expensive living artist at auction."

Chinese Billionaire Li Shufu Moves From Cars To Supersonic Trains

Chinese Billionaire Li Shufu Moves From Cars To Supersonic Trains

Nov 26, 2018

In addition to flying cars and supersonic trains, Li has also invested in technology like low-orbit satellites and microchips in recent years.

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