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
Billionaire Patagonia Founder Pledges Company's Tax Cut Savings To Fight Climate Change

Billionaire Patagonia Founder Pledges Company's Tax Cut Savings To Fight Climate Change

Dec 12, 2018

The $10 million in extra Patagonia profits will go towards "groups defending our air, water and land," as well as support for the regenerative organic agriculture movement.

Ten Books That Changed Ten Billionaires' Lives

Ten Books That Changed Ten Billionaires' Lives

Dec 11, 2018

Some of the most famous billionaires today have made it a point to share what the most important books of their lives have been.

Billionaire Mother And Son Duo Lose HALF Their Net Worth In The Last 12 Months

Billionaire Mother And Son Duo Lose HALF Their Net Worth In The Last 12 Months

Dec 10, 2018

Georg Schaeffler and his mother, Maria-Elisabeth Schaeffler-Thumann, have been one of Germany's richest families for years. However, over the course of 2018, their net worth has declined by about $16 billion – which is more than half of their combined wealth.

Highest Earning CEO In UK Is Female Head Of Betting Firm

Highest Earning CEO In UK Is Female Head Of Betting Firm

Dec 10, 2018

Denise Coates is the founder and co-CEO of UK betting firm Bet365.com. She earned $279 million in 2017, making her the highest-paid executive in the UK and the highest-earning female CEO in the world.

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.