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.

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Who Is Yusaku Maezawa SpaceX's First Falcon Rocket Passenger?

Who Is Yusaku Maezawa SpaceX's First Falcon Rocket Passenger?

Sep 27, 2018

Yusaku Maezawa is the 42-year-old Japanese billionaire who has signed on to be the first commercial passenger on SpaceX's Big Falcon Rocket in 2023. His name may be unfamiliar to those in the west, but this colorful billionaire makes headlines regularly in Japan.

India's Richest Man Brings Speedy Internet To The Poor, Repressed, Rural Areas Of India

India's Richest Man Brings Speedy Internet To The Poor, Repressed, Rural Areas Of India

Sep 27, 2018

Mukesh Ambani has spent $35 billion to bring the first all 4G wireless network to India. This allows him to offer free phone calls and exceptionally inexpensive data and given 1.3 billion people access to global tech and ecommerce giants.

Elon Musk Asks Job Applicants This One Question To Determine Honesty

Elon Musk Asks Job Applicants This One Question To Determine Honesty

Sep 26, 2018

Musk says he's looking for interviewees who can answer it at length, on the grounds that anyone "who struggles hard with a problem never forgets it."

How The Mars Family Became One Of The Wealthiest Families On The Planet With A Combined Net Worth of $90 Billion

How The Mars Family Became One Of The Wealthiest Families On The Planet With A Combined Net Worth of $90 Billion

Sep 26, 2018

The 25 richest families in the world have a combined net worth of $1.1 billion. The Mars family is the third-wealthiest family in the world with a combined $89.7 billion net worth.

By Selling Instagram For $1 Billion, Kevin Systrom Flushed Tens Of Billions Of Dollars Down The Toilet – He Claims "No Regrets"

By Selling Instagram For $1 Billion, Kevin Systrom Flushed Tens Of Billions Of Dollars Down The Toilet – He Claims "No Regrets"

Sep 25, 2018

Sure he's worth $1.4 billion today, but by all means Kevin Systrom should be worth $30-40 billion right now.

Alibaba's Jack Ma Doesn't Want You To Be Like Him

Alibaba's Jack Ma Doesn't Want You To Be Like Him

Sep 25, 2018

Jack Ma, founder and CEO of Alibaba, was speaking on the sort of personal brand that he's found himself with as he's become the richest person in China.

Indian Billionaire Pallonji Mistry's $15 Billion Fortune Tied Up In Legal Fight

Indian Billionaire Pallonji Mistry's $15 Billion Fortune Tied Up In Legal Fight

Sep 25, 2018

Pallonji Mistry is not having an easy go of it lately. About 85% of his $15 billion fortune is locked up in a legal battle with the largest conglomerate in India.

JD.com Founder's Fortune Plummets After Arrest On Rape Allegations

JD.com Founder's Fortune Plummets After Arrest On Rape Allegations

Sep 24, 2018

Shares of the Chinese e-commerce giant JD.com took a plunge recently following the saga of its billionaire CEO. Richard Liu was arrested in Minnesota on August 31 on allegations of rape. The stock initially fell by 6% and wiped out $466 million of Liu's $9 billion fortune.

SpaceX Announces First Private Moon Tourist: Japanese Billionaire Yusaku Maezawa

SpaceX Announces First Private Moon Tourist: Japanese Billionaire Yusaku Maezawa

Sep 22, 2018

While it might be different in spirit from other trips to the moon, at least two familiar factors will still be present: Cost, and potential dangers.

How The Pritzkers Became One Of The Wealthiest Families On The Planet With A Combined Net Worth of $33.5 Billion

How The Pritzkers Became One Of The Wealthiest Families On The Planet With A Combined Net Worth of $33.5 Billion

Sep 22, 2018

The 25 richest families in the world have a combined net worth of $1.1 billion. The Pritzker family is the 15th wealthiest family in the world, with a combined $33.5 billion net worth.

Marc Benioff Bought Time Magazine For $190 Million – He Did Not Buy Sports Illustrated Or Fortune… And For Good Reason

Marc Benioff Bought Time Magazine For $190 Million – He Did Not Buy Sports Illustrated Or Fortune… And For Good Reason

Sep 21, 2018

As it turns out, Benioff is indeed buying up TIME for $190 million cash, but the question remains what will happen to the other three former Time, Inc. titles.

Billionaire Mukesh Ambani Is Now The Richest Sports Team Owner On Earth

Billionaire Mukesh Ambani Is Now The Richest Sports Team Owner On Earth

Sep 21, 2018

Billionaire Mukesh Ambani, the richest sports team owner in the world, doesn't own a US or European football team, but a Mumbai cricket club.

OxyContin Billionaire Dr. Richard Sackler Patents New Drug For Opioid Addiction

OxyContin Billionaire Dr. Richard Sackler Patents New Drug For Opioid Addiction

Sep 20, 2018

The patent itself contains an acknowledgement of the US opioid epidemic, but does not mention anything about Sackler or Purdue's own connection to it.

Miami Billionaire Charged In $27 Million Fraud Scheme

Miami Billionaire Charged In $27 Million Fraud Scheme

Sep 20, 2018

Phillip Frost is a Miami billionaire and one of 10 people the SEC charged with fraud on September 7th. He is accused of being a part of when the SEC calls a series of "classic pump and dump schemes" that generated more than $27 million.

Billionaire's Daughter Taking Staff Of 12 With Her To College To Help Her Get Through Dorm Life

Billionaire's Daughter Taking Staff Of 12 With Her To College To Help Her Get Through Dorm Life

Sep 18, 2018

Remember when you moved into the dorms freshman year and made minute rice that took an hour to cook? No? Just me? Well, the daughter of an Indian billionaire is hiring 12 people, including a housekeeper and butler, to take care of her lodging in college.