Billionaire News | Celebrity Net Worth

Two men are transforming the fashion industry. Tommy Hilfiger, Jimmy Choo, Michael Kors, and Versace are all owned, or have been owned, in the past by Silas Chou and Lawrence Stroll. Now, they have added Versace to their fashion portfolio.

Gilbert purchased Greektown back in 2013, as part of a wider effort to revitalize downtown Detroit, in which he owns several other businesses.

Would the NFL be in better shape today – better equipped to deal with the changing times – if all of their owners (or even most) had successful careers before buying their NFL franchise? Would the NFL be better if all the owners earned their teams instead of inheriting them?

Mark Zuckerberg saw his personal fortune drop to $55.3 billion, a loss of more than $31 billion since his own personal financial peak in July of this year.

Can you imagine having $8 billion in cash to buy a pre-IPO software company? That's what SAP just did when it acquired the survey software company Qualtrics just before its planned IPO. Qualtrics is a direct competitor of SurveyMonkey, which had its IPO in September.

No one likes paying income tax. As the old song goes, we work hard for our money. What's the worst tax bill you've ever gotten? Who paid the highest tax bill of all time?

Dmitry Rybolovlev is a Russian billionaire and the owner of Monaco's soccer club. He's been detained for questioning in Monaco in relation to a corruption case according to the Le Monde newspaper.

The business that reportedly serve as fronts for the Sinaloa Cartel include a water park, and even a daycare center allegedly managed by Mayo's daughter Maria Teresa.

Richard Rainwater was a billionaire and a legendary investor who had his hands in everything from entertainment to real estate to health care. In 2009, he was diagnosed with a rare brain disease, so he set out to fund the people who could find a cure.

Gates recently spoke at the "Reinvented Toilet Expo" to talk about innovations he's investing in that he thinks can save some $233 billion a year.

Over the past 18 months, a little-known billionaire from Hong Kong has spent more than $200 million on luxury real estate from Malibu to Manhattan.

The late Seattle Seahawks owner (and Microsoft co-founder) Paul Allen had an incredible surprise up his sleeve…

Univision billionaire Jerry Perenchio passed away in May 2017 at age 86 and left behind not just his $2.7 billion fortune, but a sizeable estate in Los Angeles' Bel-Air neighborhood that is currently listed for $245 million, the most expensive price ever for a home in the United States. Perenchio owned the enormous acre Chartwell Estate, which included its own 1.41 acre (0.57 hectare) vineyard, which can be yours for the relatively bargain price of $20 million.

Nick Caporella's National Beverage Corp. has made him a billionaire. National Beverage who?

When you combine the Kwok family's wealth together they are easily one of the wealthiest families in the world. But how they made their wealth (real estate during the decades of boom time in Hong Kong) isn't nearly as interesting as the family drama.