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
The Unusual Structure Of Bernie Ecclestone's Divorce Settlement

The Unusual Structure Of Bernie Ecclestone's Divorce Settlement

May 24, 2018

Formula One tycoon Bernie Ecclestone has received half a billion dollars from his ex-wife Slavica's trust fund, following the pair's divorce.

Eyebrow Specialist Is The Newest Beauty Industry Billionaire

Eyebrow Specialist Is The Newest Beauty Industry Billionaire

May 23, 2018

Eyebrows are having a moment in fashion. Gone is the thin, overly plucked, look of the early aughts. Today, thick, well groomed brows are all the rage. There's one woman that women are turning to to get the eyebrows of their dreams: Anastasia Soare.

Chateau Margaux Wine Making Family Become Billionaires

Chateau Margaux Wine Making Family Become Billionaires

May 23, 2018

Corinne Mentzelopoulos inherited her father's business empire when he died in 1980. That included a rundown vineyard that had been purchased three years earlier on impulse, which was renowned Chateau Margaux.

Chicago Billionaire Joe Mansueto To Purchase The Wrigley Building For $255 Million

Chicago Billionaire Joe Mansueto To Purchase The Wrigley Building For $255 Million

May 23, 2018

Chicago investment billionaire Joe Mansueto is reported to have entered into a deal to purchase the Wrigley Building for about $255 million, almost eight times what was paid for it in 2011. 

A $70M Picasso Owned By Steve Wynn Was Accidentally Skewered Days Before Scheduled Auction

A $70M Picasso Owned By Steve Wynn Was Accidentally Skewered Days Before Scheduled Auction

May 22, 2018

In one of those nightmarish domino effects one can see in the world of fine art, the accident caused not just Le Marin but another of a trio of paintings to be pulled from the auction block as well.

Macau Billionaire Sentenced To Prison For Bribery

Macau Billionaire Sentenced To Prison For Bribery

May 22, 2018

Ng Lap Seng, a real estate billionaire from the Chinese controlled territory of Macau, was arrested in Manhattan in the fall of 2015. Now, he's going to prison.

Richest NFL Team Owners

Richest NFL Team Owners

May 22, 2018

Buying an NFL team is a crazy, expensive endeavor. For the money it takes to buy, own, and run an NFL franchise, you could own a fleet of private jets and a private island in the Bahamas. But these people below decided to buy an NFL franchise with that money.

Online Stock Brokerage Founders Are Silicon Valley's Newest Billionaires

Online Stock Brokerage Founders Are Silicon Valley's Newest Billionaires

May 21, 2018

Baiju Bhatt and Vlad Tenev just became Silicon Valley's newest billionaires, after a recent funding round pushed the valuation of their startup to $6 billion. Just last year, Robinhood's valuation was just $1.3 billion.

Advice From The World's Richest Self-Made Woman

Advice From The World's Richest Self-Made Woman

May 20, 2018

Zhou Qunfei is the richest self-made woman in the world with a net worth of $7 billion. She says this one trait is necessary for success.

The Billionaire Metropoulos Family's Iconic Homes

The Billionaire Metropoulos Family's Iconic Homes

May 18, 2018

The Metropoulos family specializes in saving iconic companies. C. Dean Metropoulos made his fortune buying and resurrecting iconic brands Hostess, Vlasic Pickles, Utz snacks, Chef Boyardee, and Pabst beer. His sons are making names for themselves by buying expensive and iconic properties.

Kentucky Derby Winner Justify Is Self-Made Billionaire's Horse

Kentucky Derby Winner Justify Is Self-Made Billionaire's Horse

May 16, 2018

Justify won the 144th Kentucky Derby by 2 ½ lengths after coming into the race as a 5-2 favorite. The 3-year-old colt was the first one to win without a prior racing history since 1882. The owner of this remarkable horse is Dallas billionaire Kenny Troutt.

Could Jeff Bezos Burn Through His Entire $126 Billion Fortune?

Could Jeff Bezos Burn Through His Entire $126 Billion Fortune?

May 13, 2018

Could Jeff Bezos find a way to blow through his entire fortune? Possibly. Bezos' net worth will continue to grow. But do you know what else continues to grow? Bezos' interest in space travel.

Jack Dorsey Believes Bitcoin Will Replace Currency

Jack Dorsey Believes Bitcoin Will Replace Currency

May 7, 2018

While billionaire Mark Cuban would rather have a pet rock than bet on Bitcoin, Jack Dorsey feels exactly the opposite. The Twitter CEO predicts that Bitcoin will replace not just the dollar, but all world currencies in about a decade.

Warren Buffett Says Bitcoin Isn't A Real Investment

Warren Buffett Says Bitcoin Isn't A Real Investment

May 4, 2018

Buffett recently explained exactly why his conclusion is that paying for bitcoins does not represent an actual investment. Rather, he says doing so falls more accurately under the category of speculation.

WhatsApp Founder Jan Koum Quits Facebook Over Privacy Conerns – And It Could Cost Him $1 Billion!

WhatsApp Founder Jan Koum Quits Facebook Over Privacy Conerns – And It Could Cost Him $1 Billion!

May 1, 2018

Jan Koum became an instant billionaire when Facebook acquired his startup, WhatsApp, for more than $19 billion. Now, Koum is leaving the company he built and also stepping down from Facebook's board of directors. He stands to lose a ton of cash in unvested stock.