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
Meet Salmon Billionaire Gustav Magnar Witzøe, 25, The World's Youngest Male Billionaire

Meet Salmon Billionaire Gustav Magnar Witzøe, 25, The World's Youngest Male Billionaire

Oct 18, 2018

Witzøe officially came into his wealth in 2013, when his father gifted him nearly half of the shares in his massively successful salmon company, SalMar ASA.

Richard Branson Is One Of The Richest People In The World, But Hates Garish Displays Of Wealth

Richard Branson Is One Of The Richest People In The World, But Hates Garish Displays Of Wealth

Oct 18, 2018

Richard Branson has made it, by all conceivable measurements. His Virgin Group brings in more than $21 billion a year in global revenue. However, it turns out that Branson is not all that comfortable with lavish displays of wealth—and largely tries to avoid them.

All The Incredible Homes, Yachts, Sports Teams Paul Allen Owned Thanks To His $20 Billion Net Worth – And What Happens To It Now

All The Incredible Homes, Yachts, Sports Teams Paul Allen Owned Thanks To His $20 Billion Net Worth – And What Happens To It Now

Oct 17, 2018

Paul Allen co-founded Microsoft with Bill Gates in 1975.Fast forward to today and Paul Allen's net worth has skyrocketed to $20 billion. He lost his battle with non-Hodgkin's lymphoma this week. Allen was a lifelong bachelor with no children. What will happen to his billions?

Africa's Youngest Billionaire Kidnapped Leaving Gym

Africa's Youngest Billionaire Kidnapped Leaving Gym

Oct 17, 2018

Tanzanian billionaire Mohammed Dewji was entering the gym of a luxury hotel in Dar Es Salaam for his morning workout on Thursday, October 11th when he was kidnapped by masked men toting guns.

Alibaba Founder Jack Ma Is The Richest Man In China, Once Again

Alibaba Founder Jack Ma Is The Richest Man In China, Once Again

Oct 16, 2018

It's been a hot moment since Jack Ma was the richest man in China, but he's back on top again after a new round of investment in his Ant Financial put it at a $150 billion valuation.

Billionaire Bill Gross Sells Stamp Collection For Record $10 Million Price

Billionaire Bill Gross Sells Stamp Collection For Record $10 Million Price

Oct 16, 2018

Gross isn't pocketing all the money he's getting from his world famous stamp collection, nor is he just turning around and using it to buy more stamps.

Russian Oligarch's $42.5 Manhattan Mansion Seized By U.S. Government

Russian Oligarch's $42.5 Manhattan Mansion Seized By U.S. Government

Oct 16, 2018

Russian oligarch Oleg Deripaska's $42.5 million mansion on the Upper East Side of NYC has been seized by the U.S. government. The 50-year-old is currently under investigation for his links to bribery, money laundering, racketeering, and murder.

Moon Bound Billionaire Yusaku Maezawa Says Not To Work So Much

Moon Bound Billionaire Yusaku Maezawa Says Not To Work So Much

Oct 16, 2018

The program that billionaire Yusaku Maezawa refers to is a four- or even three-day workweek, each one of those days lasting no longer than six hours apiece.

Microsoft Co-Founder Paul Allen Just Died Unexpectedly At The Age Of 65

Microsoft Co-Founder Paul Allen Just Died Unexpectedly At The Age Of 65

Oct 15, 2018

Microsoft co-founder Paul Allen has died at the age of 65. Here's a look back at his fascinating and impressive life.

These Three Billionaire Entrepreneurs Quit Bad Habits To Be More Successful

These Three Billionaire Entrepreneurs Quit Bad Habits To Be More Successful

Oct 15, 2018

Bad habits can hold you back and keep you from becoming successful. If you have bad habits that you'd like to quit, you can get some inspiration from three billionaires who all overcame bad habits over the course of their journey to become billionaires.

Crazy Russian Billionaire Spotlight: Roustam Tariko… The Vodka King

Crazy Russian Billionaire Spotlight: Roustam Tariko… The Vodka King

Oct 14, 2018

The rags to riches story of Roustam Tariko, the founder of Russian Standard Vodka and Russian Standard Bank.

The 20 Richest Sports Team Owners In The World

The 20 Richest Sports Team Owners In The World

Oct 14, 2018

It must be nice to be a billionaire. You could literally have anything you want. For several billionaires, that means a professional sports franchise. Overall, there are 62 billionaire team owners around the world, with a collective net worth of about $375 billion.

What Is The $12 Billion Chan Zuckerberg Initiative Up To So Far?

What Is The $12 Billion Chan Zuckerberg Initiative Up To So Far?

Oct 13, 2018

Last October, Mark Zuckerberg and his wife Priscilla Chan announced that they would be selling shares of Facebook, worth more than $12 to fund the Chan Zuckerberg Initiative. The overall goal of CZI is to cure disease… how are they coming along with that ambitious goal?

From Sandwich Seller To Multi-Billionaire NFL Owner – The Life Story Alex Spanos, Who Just Died At the Age Of 95

From Sandwich Seller To Multi-Billionaire NFL Owner – The Life Story Alex Spanos, Who Just Died At the Age Of 95

Oct 12, 2018

Alex Spanos, the billionaire owner of the NFL's Los Angeles Chargers, passed away October 9, 2018. He was a self-made billionaire who got his start peddling sandwiches on a lunch wagon in Stocktonparlayed that into a $1.1 billion fortune and ownership of an NFL team.

Sergei Studennikov Became An Alcohol Billionaire In Russia, Amid Government Crackdowns On Liquor

Sergei Studennikov Became An Alcohol Billionaire In Russia, Amid Government Crackdowns On Liquor

Oct 11, 2018

Studennikov's first discount liquor store was opened up 12 years ago, located near the "gritty industrial hub" of Chelyabinsk. Today, Krasnoe & Beloe is the fastest-growing retailer of any kind in Russia.