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
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.

Meet Brian Armstrong: The Latest Cryptocurrency Billionaire

Meet Brian Armstrong: The Latest Cryptocurrency Billionaire

Nov 29, 2018

Cryptocurrency, as a whole, is not having the best year, but Coinbase's Brian Armstrong is having a great one. He has become the second person to achieve a billion-dollar net worth in the cryptocurrency industry.

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.

Meet The Two Hidden Billionaires Who Own Michael Kors, Jimmy Choo And Now Versace

Meet The Two Hidden Billionaires Who Own Michael Kors, Jimmy Choo And Now Versace

Nov 26, 2018

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.

Dan Gilbert Selling Detroit Casino For $1 Billion

Dan Gilbert Selling Detroit Casino For $1 Billion

Nov 23, 2018

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 Better If So Many Owners Hadn't Inherited Their Teams?

Would The NFL Be Better If So Many Owners Hadn't Inherited Their Teams?

Nov 23, 2018

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?

Facebook's Troubles Have Shed $31 Billion (And Counting) From Mark Zuckerberg's Net Worth

Facebook's Troubles Have Shed $31 Billion (And Counting) From Mark Zuckerberg's Net Worth

Nov 19, 2018

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.