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 Paul Allen Prepares World's Largest Plane For Launching Rockets Into Space

Billionaire Paul Allen Prepares World's Largest Plane For Launching Rockets Into Space

Sep 18, 2018

While the Stratolaunch, which is still in development at the company founded by Paul Allen, will purportedly be the largest craft of its kind, it will not be the first.

Billionaire Salesforce Founder Marc Benioff Just Bought Time Magazine For $190 Million

Billionaire Salesforce Founder Marc Benioff Just Bought Time Magazine For $190 Million

Sep 17, 2018

It's a new era over at Time magazine. Eight months ago, the venerable magazine was bought by the Meredith Corp. Now, it has sold again, this time to billionaire Salesforce founder Marc Benioff and his wife Lynne for $190 million.

Tsuyoshi Matsushita Became A Billionaire By Convincing Madonna And Cristiano Ronaldo To Endorse His Products

Tsuyoshi Matsushita Became A Billionaire By Convincing Madonna And Cristiano Ronaldo To Endorse His Products

Sep 16, 2018

MTG Co. has a "kaleidoscope" of products under its purview, two of which are MDNA SKIN developed in conjunction with Madonna and SIXPAD, released with Ronaldo's endorsement.

Jack Ma – The Richest Person In China – Is Stepping Down From His Company Alibaba To Focus On Philanthropy And Teaching

Jack Ma – The Richest Person In China – Is Stepping Down From His Company Alibaba To Focus On Philanthropy And Teaching

Sep 9, 2018

Jack Ma is worth $44 billion thanks to the company he founded Alibaba. The 54-year-old is retiring from business to focus on philanthropy and get back to teaching.

Koo Ja-Sin Became A Billionaire By Dominating The Korean Rice Cooker Market

Koo Ja-Sin Became A Billionaire By Dominating The Korean Rice Cooker Market

Sep 7, 2018

Things are great for Cuckoo now, but that's despite some market trends in Korea that are troubling to anyone with an interest in rice cooking appliances.

Richard DeVos – Billionaire Co-Founder Of Amway, Owner Of The Orlando Magic (And Father-In-Law Of Betsy DeVos) – Has Died At The Age Of 92

Richard DeVos – Billionaire Co-Founder Of Amway, Owner Of The Orlando Magic (And Father-In-Law Of Betsy DeVos) – Has Died At The Age Of 92

Sep 6, 2018

Multi-billionaire entrepreneur, philanthropist, and sports team owner Richard DeVos just died at the age of 92. Here's how he earned such a large fortune.

Billionaire Michael Bambang Hartono Wins Asian Games Medal In Bridge

Billionaire Michael Bambang Hartono Wins Asian Games Medal In Bridge

Sep 6, 2018

Hartono's philosophy has earned him a fortune in his native Indonesia, and it also got him an Asian Games bronze medal in the supermixed team bridge event.

Amazon's Market Cap Briefly Topped $1 Trillion – What's Jeff Bezos' Net Worth At That Level?

Amazon's Market Cap Briefly Topped $1 Trillion – What's Jeff Bezos' Net Worth At That Level?

Sep 4, 2018

Amazon just became the second publicly traded American company to top $1 trillion in market cap. What does that mean for Jeff Bezos' net worth?

Sheryl Sandberg Is Donating Her $200 Million Stake In SurveyMonkey To Charity

Sheryl Sandberg Is Donating Her $200 Million Stake In SurveyMonkey To Charity

Sep 4, 2018

Sheryl Sandberg has about a 9.9 percent stake in SurveyMonkey, the precise value of which will be determined by its IPO later this year.

John Oyler Becomes A Billionaire By Way Of His Chinese Pharmaceutical Company

John Oyler Becomes A Billionaire By Way Of His Chinese Pharmaceutical Company

Sep 4, 2018

Oyler's stake in the company he founded recently made him a billionaire, which makes him the first American businessman to reach that status with a business started in China.

Chinese Tech Tycoon Liu Qiangdong – Who Is Worth $8 Billion – Was Arrested Friday For Alleged Sexual Misconduct In Minneapolis

Chinese Tech Tycoon Liu Qiangdong – Who Is Worth $8 Billion – Was Arrested Friday For Alleged Sexual Misconduct In Minneapolis

Sep 2, 2018

Liu Qiangdong is one of the richest people in China and quietly one of the most powerful internet tycoons in the world… And he was just arrested in Minnesota.

How Did Cindy McCain Earn Her $400 Million Fortune?

How Did Cindy McCain Earn Her $400 Million Fortune?

Aug 30, 2018

As the country mourns the patriot, war hero and Senator John McCain, eyes turn towards the Arizona senate seat he has left vacant and who may step in to fill it. One name that keeps coming up is that of his beloved wife, Cindy McCain. How did she get so wealthy?

The Spiritual Guru And The Billionaire Brothers Who Blew Through A $2 Billion Fortune

The Spiritual Guru And The Billionaire Brothers Who Blew Through A $2 Billion Fortune

Aug 30, 2018

Gurinder Singh Dhillon is an Indian guru who runs a large spiritual commune on the river Beas in North India. The 64-year-old is also a key player in the collapse of the financial and health care empire owned by brothers Malvinder and Shivinder Singh.

Chinese Ex-Billionaire Yang Zhihui Went Missing, His Company's Stock Plummeted… And He Was Just Arrested

Chinese Ex-Billionaire Yang Zhihui Went Missing, His Company's Stock Plummeted… And He Was Just Arrested

Aug 29, 2018

What happens to the stock price of a company when its CEO disappears after criminal charges are announced? Nothing good!

Meet The Mysterious Russian Billionaire Who Quietly Owns A Dating App Empire

Meet The Mysterious Russian Billionaire Who Quietly Owns A Dating App Empire

Aug 27, 2018

Russian entrepreneur Andrey Andreev is the king of dating apps. He's the man behind five successful online dating apps including Badoo – the largest dating app in the world with 380 million users. He's also a brand-new billionaire.