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 7 Of The Sanctioned Russian Billionaires

Meet 7 Of The Sanctioned Russian Billionaires

Aug 25, 2018

In April, the U.S. Department of Treasury announced new sanctions against 17 senior officials in the Russian government, seven Russian oligarchs, and the 12 companies those billionaires own or control.

We Are Living In The Age Of The Tech Unicorn And Paper Billionaires

We Are Living In The Age Of The Tech Unicorn And Paper Billionaires

Aug 25, 2018

Today, more than ever, technology startups are dominating the marketplace. Companies like Uber, Lyft, and Airbnb becoming household names and are creating massive wealth for their founders.

He Started A List. Now He's A Major Billionaire Philanthropist.

He Started A List. Now He's A Major Billionaire Philanthropist.

Aug 24, 2018

Craigslist has made 65-year-old Craig Newmark a billionaire. Now, 23 years later, Newmark is still giving back. He's become a major philanthropist.

How Eike Batista Went From $35 Billion Fortune To 30-Year Prison Sentence

How Eike Batista Went From $35 Billion Fortune To 30-Year Prison Sentence

Aug 22, 2018

Not long ago, Eike Batista was the richest person in Brazil and the seventh richest person on the planet, with a net worth of $35 billion. He was then sentenced to 30 years in prison.

Founders Of Wish App Sell Enough Cheap Goods To Become Billionaires

Founders Of Wish App Sell Enough Cheap Goods To Become Billionaires

Aug 22, 2018

Have you heard of the Wish app? It's kind of genius. For ridiculously cheap you can get anything from costume jewelry to home accessories to clothing and beyond. I'm apparently not the only one who does this because Wish has become a Silicon Valley unicorn with an $8.5 billion valuation.

Whatsapp Founder Jan Koum Is Showing Up To Facebook, Barely Working, Waiting To Collect $450 Million

Whatsapp Founder Jan Koum Is Showing Up To Facebook, Barely Working, Waiting To Collect $450 Million

Aug 21, 2018

In April, WhatsApp's Jan Koum announced that he planned to leave Facebook. By leaving, he could have left $1 billion of shares on the table by leaving before they vest. Koum is no dummy. He's still showing up to the Facebook office. Koum is participating in the practice of resting and vesting.

A 61-Character Tweet Briefly Made Elon Musk $1.4 Billion Richer

A 61-Character Tweet Briefly Made Elon Musk $1.4 Billion Richer

Aug 19, 2018

When Elon Musk tweets, the stock market reacts. Recently, the Tesla and SpaceX chief sent out a 61 character long tweet and POOF! he was suddenly $1.4 billion richer.

How To Become A Billionaire In A Few (Not So) Easy Steps

How To Become A Billionaire In A Few (Not So) Easy Steps

Aug 15, 2018

Let's focus on how to become a billionaire. It's not easy, but there are paths to it that can be followed if you are determined, focused, and, let's face it, lucky. Only about 5,700 people in the whole world are worth more than $500 million. Billionaires are even rarer.

The Incredible Work Ethic Of One Of India's Youngest Self Made Billionaires Has Made Him An Enormous Fortune

The Incredible Work Ethic Of One Of India's Youngest Self Made Billionaires Has Made Him An Enormous Fortune

Aug 12, 2018

Div Turakhia became one of India's youngest self-made billionaires in 2016 when he sold Media.net, his ad tech startup for $900 million. That wasn't the now 36-year-old's first big success, either.

Chewing Gum Billionaire Moves From Candy Aisle To Medical Marijuana

Chewing Gum Billionaire Moves From Candy Aisle To Medical Marijuana

Aug 11, 2018

William Wrigley Jr. II helped sell his family's business to Mars Inc. back in 2008. Now, he's got a new business. He recently led a $65 million investment round for the Georgia based medical marijuana company Surterra Wellness.

Rams Owner Stan Kroenke Becomes Sole Owner Of Arsenal FC

Rams Owner Stan Kroenke Becomes Sole Owner Of Arsenal FC

Aug 10, 2018

Billionaire Los Angeles Rams owner Stan Kroenke is about to become the sole shareholder of Arsenal football club after minority shareholder Alisher Usmanov accepted Kroenke's offer to buy his 30% stake in the team

Multi-Billionaire Henry Nicholas Arrested After Being Caught With Suitcase Full Of Drugs And Unresponsive Girl In Vegas Hotel

Multi-Billionaire Henry Nicholas Arrested After Being Caught With Suitcase Full Of Drugs And Unresponsive Girl In Vegas Hotel

Aug 9, 2018

When I'm a billionaire, I'm gonna party in Vegas with a suitcase full of drugs and a younger girlfriend… is something most people say jokingly. Not Henry Nicholas!

Here's Where Some Of The Tech Billionaire "Giving Pledge" Signers Are Donating Their Money

Here's Where Some Of The Tech Billionaire "Giving Pledge" Signers Are Donating Their Money

Aug 9, 2018

Warren Buffett's well known "Giving Pledge" appeals to billionaires' sense of altruism, but it also appeals to their desire for flexibility in signing such

NASCAR CEO Brian France May Have Just Cost His Family Hundreds Of Millions Thanks To Hamptons DUI/Oxycodone Arrest

NASCAR CEO Brian France May Have Just Cost His Family Hundreds Of Millions Thanks To Hamptons DUI/Oxycodone Arrest

Aug 6, 2018

Right when NASCAR is desperately trying to find a buyer, CEO and family leader Brian France gets a DUI and drug arrest.

James Packer Quit His Jobs, Seeking Treatment For Depression

James Packer Quit His Jobs, Seeking Treatment For Depression

Aug 5, 2018

Billionaire and former fiancé of Mariah Carey James Packer has resigned from the directorships of 22 companies in Australia over the past few weeks