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 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.

How Jamal Khashoggi, Donald Trump, Prince Al-Waleed, And Late Billionaire Arms Dealer Adnan Khashoggi Are All Connected By A Yacht

How Jamal Khashoggi, Donald Trump, Prince Al-Waleed, And Late Billionaire Arms Dealer Adnan Khashoggi Are All Connected By A Yacht

Oct 15, 2018

Missing (and presumed murdered) journalist Jamal Khashoggi comes from a very interesting family. His uncle Adnan is someone we've written about before on CNW because he was a billionaire arms dealer. Adnan has a funny connection to Donald Trump.

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.

Chris Larsen Is The World's First Cryptocurrency Billionaire

Chris Larsen Is The World's First Cryptocurrency Billionaire

Oct 15, 2018

Chris Larsen is the co-founder of the cryptocurrency company Ripple Labs. Ripple is the company behind the Ripple blockchain and the digital currency XRP. Larsen has become the first cryptocurrency billionaire to make the list of the 400 richest Americans.

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.

Meet The 15 New American Billionaires

Meet The 15 New American Billionaires

Oct 11, 2018

There's a new list of the richest Americans out and it's a doozy. For one thing, the poorest person on the list is worth $2.1 billion. Last year, the poorest was worth $100 million.

Russian Billionaire Sues Sotheby's For $380 Million Over Alleged Price Fixing

Russian Billionaire Sues Sotheby's For $380 Million Over Alleged Price Fixing

Oct 9, 2018

The lawsuit is the latest blow in a "long feud with a Swiss dealer" named Yves Bouvier, who Rybolovlev says swindled him by inflating the prices of several masterpieces while under his employ.

Why Do We Find "Frugal" Billionaires So Endearing And Appealing?

Why Do We Find "Frugal" Billionaires So Endearing And Appealing?

Oct 9, 2018

There is something appealing about these stories. Perhaps it is a case of being able to relate to these enormously wealthy people in some small way.