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 Jim Ratcliffe's Facing Scrutiny Over $20 Million French Alps Ski Chalet He Reportedly Built For Underprivileged Children

Billionaire Jim Ratcliffe's Facing Scrutiny Over $20 Million French Alps Ski Chalet He Reportedly Built For Underprivileged Children

Jan 30, 2023

The UK Charity Commission has opened a "regulatory compliance case" in order to investigate "concerns about the governance and management of the Jim Ratcliffe Foundation."

NY Oil Millionaire Lost A Fortune With Enron… Then Madoff… Then FTX! The Triple Crown Of Bad Investments

NY Oil Millionaire Lost A Fortune With Enron… Then Madoff… Then FTX! The Triple Crown Of Bad Investments

Jan 23, 2023

Throughout your life, you've likely thrown away your money on something. Whatever it was, chances are, it wasn't as bad as this.

Roman Abramovich Reportedly Transferred $4 Billion Worth Of Yachts And Private Jets To His Kids Before Russia's Invasion Of Ukraine

Roman Abramovich Reportedly Transferred $4 Billion Worth Of Yachts And Private Jets To His Kids Before Russia's Invasion Of Ukraine

Jan 20, 2023

The changes were made to ten offshore trusts held by Abramovich, seeing his seven children's shared shares in assets, like the $700 million Eclipse superyacht, go from 51 percent to 100 percent.

These Six Billionaires Are The Biggest Wealth Losers Of The Last 12 Months

These Six Billionaires Are The Biggest Wealth Losers Of The Last 12 Months

Jan 10, 2023

Hopefully your 2022 was full of prosperity, good fortune, and romance. You might not be a billionaire, but that also means you don't have to worry about seeing your name on a list of the biggest billionaire losers of 2022 ("losers" meant purely in a monetary sense).

This Billionaire Gained More Wealth Than Any Other Billionaire In 2022

This Billionaire Gained More Wealth Than Any Other Billionaire In 2022

Jan 6, 2023

Most of the world's richest people either saw their wealth diminish or stagnate during the year, owing to various economic factors, and one of the only ultra-wealthy individuals to buck this trend naturally also gained the most wealth of any billionaire in 2022.

Electric Shock! Elon Musk Lost More Wealth Than Any Other Billionaire In 2022

Electric Shock! Elon Musk Lost More Wealth Than Any Other Billionaire In 2022

Jan 4, 2023

A $200 billion loss of wealth is enough to qualify Musk's as the biggest billionaire loss of the year, but it's also much more than that – probably the most money anyone in modern history has ever lost.

Elon Musk Has Now Lost More Money Than Anyone In History

Elon Musk Has Now Lost More Money Than Anyone In History

Jan 3, 2023

A little over a year ago, Elon Musk was the richest person in history with a net worth of $340 billion. Fast forward to the present and he's now officially lost more money than any human in history.

A Swedish Billionaire Is Buying Up Rights To Old Video Games To Build A "Gaming Empire"

A Swedish Billionaire Is Buying Up Rights To Old Video Games To Build A "Gaming Empire"

Jan 3, 2023

Wingefors is a successful financier who got his start in business as a young person selling old comic books and video games outside Karlstad in Sweden

The Winklevoss Twins Are Facing A Possible Class Action Lawsuit From Gemini Investors Over Lost $900 Million In Customer Funds

The Winklevoss Twins Are Facing A Possible Class Action Lawsuit From Gemini Investors Over Lost $900 Million In Customer Funds

Dec 30, 2022

The lawsuit, filed by Brendan Picha and Max J. Hastings, accuses Gemini of fraud and alleges that it "refused to honor any further investor redemptions, effectively wiping out all investors who still had holdings in the program."

Russia Seizes $1 Billion Hotel Sochi Hotel Development From Billionaire Who Criticized Putin And The War

Russia Seizes $1 Billion Hotel Sochi Hotel Development From Billionaire Who Criticized Putin And The War

Dec 28, 2022

The seizure is supposed to be in connection to a land dispute filed by Russia's Sirius Federal Territory (established under President Putin), but the decision to seize the complex reportedly comes after the Kremlin asked Deripaska to tone down his criticisms of the war.

The Son Of Murdered Married Billionaire Couple Increases Reward For Information On Their Killer To $25 Million

The Son Of Murdered Married Billionaire Couple Increases Reward For Information On Their Killer To $25 Million

Dec 27, 2022

In a press statement made to the CBC, the younger Sherman expresses a desire for closure in the matter of his parents' murder. "Closure will not be possible until those responsible for this evil act are brought to justice," the statement reads.

$90 Million French Riviera Villa Will Not Be Returned To Sanctioned Russian Billionaire

$90 Million French Riviera Villa Will Not Be Returned To Sanctioned Russian Billionaire

Dec 20, 2022

Ponomarenko is in the midst of a legal battle to get one of his assets back in French court: a villa reportedly valued at $88.9 million in the ultra-exclusive Saint-Jean-Cap-Ferrat on the French Riviera.

There Are No More $200 Billionaires In The World

There Are No More $200 Billionaires In The World

Dec 14, 2022

Roughly a year ago, controversial Tesla/Twitter CEO Elon Musk had a staggering net worth of $340 billion, while Amazon founder Jeff Bezos was worth $210 billion. Now, neither man has a fortune that even comes close to the $200 billion mark.

The Unthinkable Just Happened: Bernard Arnault Has Overtaken Elon Musk As The Richest Person In The World

The Unthinkable Just Happened: Bernard Arnault Has Overtaken Elon Musk As The Richest Person In The World

Dec 13, 2022

On Tuesday afternoon, Elon Musk officially slipped to the world's SECOND richest person. The world's new king of wealth is LVMH founder Bernard Arnault.

Bernard Arnault Is Within Striking Distance Of Dethroning Elon Musk As The Richest Person In The World

Bernard Arnault Is Within Striking Distance Of Dethroning Elon Musk As The Richest Person In The World

Dec 8, 2022

Bernard Arnault is on the verge of overtaking Elon Musk as the richest person on the planet.