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
Crypto Exchange Binance Is Building A Decentralized Bank On The Island Of Malta

Crypto Exchange Binance Is Building A Decentralized Bank On The Island Of Malta

Jul 14, 2018

It will be called Founders Bank, and it has financial backing from both the Maltese government and Binance, with the former investing in a five percent stake.

The Investigation Into Pharmaceutical Billionaire And His Wife's Murders Heats Up

The Investigation Into Pharmaceutical Billionaire And His Wife's Murders Heats Up

Jul 13, 2018

Back in December, pharmaceutical billionaire Barry Sherman and his wife Honey were found dead in their Toronto home. The police wanted to rule it a murder-suicide and move on. Their four adult children pressed and now new details have been revealed.

These Are The Newest Tech Billionaires Of 2018

These Are The Newest Tech Billionaires Of 2018

Jul 12, 2018

The tech industry has been the focal point of new wealth for years now, and there doesn't seem to be any better way of getting rich quick than coming up with an app or social media site that catches on like wildfire.

Billionaire LaCroix Founder Accused Of Sexual Misconduct

Billionaire LaCroix Founder Accused Of Sexual Misconduct

Jul 11, 2018

Nick Caporella is the 82-year-old founder of LaCroix. New allegations have surfaced against him. Two pilots have filed lawsuits against the octogenarian alleging sexual harassment.

Richard Branson Says It's Time For Universal Basic Income

Richard Branson Says It's Time For Universal Basic Income

Jul 9, 2018

Some say universal basic income is a pipe dream or too good to be true, but Virgin billionaire Richard Branson is a proponent of the idea, saying as much in a recent interview.

Feud Between Billionaire Heirs Heats Up

Feud Between Billionaire Heirs Heats Up

Jul 8, 2018

The Lo family made their billions in Hong Kong real estate through their Great Eagle Holdings. Now, their heirs are fighting over how to manage (or spend) the billions.

Billionaire Oligarch Roman Abramovich Funded Sick Kids' Trips To World Cup

Billionaire Oligarch Roman Abramovich Funded Sick Kids' Trips To World Cup

Jul 7, 2018

It turns out that billionaire oligarch Roman Abramovich is a heck of a nice guy. He made a six-figure donation to the Fulfilling Dreams charity in Israel. The charity takes kids with serious illnesses to major soccer tournaments around the world.

The Bonkers Ways A Billionaire Got Revenge On His Ex-Wife

The Bonkers Ways A Billionaire Got Revenge On His Ex-Wife

Jul 3, 2018

A bitter divorce battle between a billionaire bond king and his ex-wife has taken a rather…stinky turn. Bill Gross and his wife Sue got divorced and he lost his Laguna Beach, California mansion in the process. He didn't like that

Meet Bill Foley, Billionaire Owner Of The Las Vegas Golden Knights

Meet Bill Foley, Billionaire Owner Of The Las Vegas Golden Knights

Jul 2, 2018

It's not a stretch to say no one expected the NHL's Las Vegas Golden Knights to be in the Stanley Cup Finals, least of all, their owner, billionaire businessman Bill Foley.

Xiaomi CEO Lei Jun Gets $1.5 Billion Bonus, One Of The Largest In History

Xiaomi CEO Lei Jun Gets $1.5 Billion Bonus, One Of The Largest In History

Jul 1, 2018

The sheer size of Jun's executive bonus outdoes any equivalent such bonus other CEOs have gotten in the recent past, but it's also unusual in that it has no strings attached.

Late Billionaire Dinu Patriciu's Heirs Owe $226M To Romanian Government

Late Billionaire Dinu Patriciu's Heirs Owe $226M To Romanian Government

Jun 28, 2018

The decision, which is not final and can still be appealed by the heirs, has to do with a sum of around $58.5 million that Patriciu recovered from Libya in 2001.

A Billionaire And A Yogi Team Up To Launch App To Challenge What's App

A Billionaire And A Yogi Team Up To Launch App To Challenge What's App

Jun 27, 2018

Two Indian businessmen, a billionaire and a celebrity yogi, have teamed up to challenge WhatsApp with a new messaging app.

27-Year-Old Billionaire John Collison Attributes His Success To His Employees, And Luck

27-Year-Old Billionaire John Collison Attributes His Success To His Employees, And Luck

Jun 25, 2018

In a recent interview, Collison was open about how much of that success can be attributed to his own intelligence and work ethic and how much it can be linked to other, external factors like luck.

Mark Zuckerberg Is Inches Away From Being Richer Than Warren Buffett

Mark Zuckerberg Is Inches Away From Being Richer Than Warren Buffett

Jun 25, 2018

Should Zuckerberg manage to close that $29 million gap, it will be partly due to Facebook's stock market fortunes, but also Buffett's own charitable giving.

Billionaire Jeweler To The Stars Seeking Asylum In London, On The Run Again

Billionaire Jeweler To The Stars Seeking Asylum In London, On The Run Again

Jun 22, 2018

Nirav Modi is a jeweler whose designs have been worn by Hollywood and Bollywood stars. He's also a fugitive from the law in India due to his involvement in defrauding Punjab National Bank of $1.8 billion.