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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10 Books For Your Summer Reading List, Recommended By Bill Gates

10 Books For Your Summer Reading List, Recommended By Bill Gates

Jun 17, 2018

The following 10 books have all been picked from the past few years of Gates' summer reading lists. If you're looking to be inspired and learn something, pick up one or more of these Bill Gates' recommended books.

Koch Brothers Break With GOP, Launch Campaign To Oppose Trump's Tariffs

Koch Brothers Break With GOP, Launch Campaign To Oppose Trump's Tariffs

Jun 14, 2018

The political network backed by the billionaire industrialists Charles and David Koch has unveiled a multi-year, multimillion dollar plan to oppose the tariffs on imported steel and aluminum implemented by President Donald Trump and his administration.

Microsoft Acquisition Makes Billionaires Out Of GitHub Founders

Microsoft Acquisition Makes Billionaires Out Of GitHub Founders

Jun 14, 2018

Microsoft announced last week that it was buying the software development platform GitHub for $7.5 billion in stock – making its founders instant billionaires.

Ray Dalio Shares His Best Advice: Party Like Crazy

Ray Dalio Shares His Best Advice: Party Like Crazy

Jun 9, 2018

Ray Dalio founded Bridgewater Associates, the world's largest hedge fund. He recently sat down for a Reddit "Ask Me Anything" session and shared two key pieces of advice for investors and aspiring investors.

14 More Billionaires Join The Giving Pledge

14 More Billionaires Join The Giving Pledge

Jun 8, 2018

Bill and Melinda Gates and Warren Buffett founded the Giving Pledge in 2010 with 40 members who pledged to give at least half of their personal wealth away to philanthropy during their lifetimes. Since then, 183 people from 22 countries have joined the pledge.

Jack Dorsey Made More Than $700 Million In May

Jack Dorsey Made More Than $700 Million In May

Jun 6, 2018

Jack Dorsey had a heck of a month in May. The co-founder of Twitter and founder of Square has seen his net worth skyrocket in the past month thanks to his stakes in those two companies.

Warren Buffett Offered $3B To Uber, But The Deal Fell Through

Warren Buffett Offered $3B To Uber, But The Deal Fell Through

Jun 5, 2018

Uber's Chief Executive Officer, Dara Khosrowshahi, gave Buffett a counteroffer that involved decreasing the investment from $3 billion to $2 billion, but they still weren't able to reach an agreement.

Starbucks' Howard Schultz Steps Down, Fuels Presidential Campaign Rumors

Starbucks' Howard Schultz Steps Down, Fuels Presidential Campaign Rumors

Jun 4, 2018

In 1981, Howard Schultz walked into a small coffee shop called Starbucks for the first time. Fast forward a few decades and has grown the company to more than 28,000 locations in 77 countries. Now, he is stepping down from Starbucks amid speculation that he's mounting a 2020 Presidential campaign.

You Can Have Lunch With Warren Buffett!

You Can Have Lunch With Warren Buffett!

Jun 4, 2018

If you've ever dreamed of bending the ear of the Oracle of Omaha, you recently had the chance. For the 19th straight year, bidding took place for lunch for you and seven friends with billionaire Warren Buffett.

Is NASCAR Ripe For A Sale?

Is NASCAR Ripe For A Sale?

Jun 4, 2018

It wasn't all that long ago that NASCAR was big business. Races were jam packed with spectators. Nearly every weekend you could find a race on television. Today, there's a different story surrounding NASCAR. Declining attendance and a waning taste for the high-octane world of stock car racing has left the sport vulnerable to sale.

Eleven Women With Youth, Beauty, Fame, And Insane Wealth

Eleven Women With Youth, Beauty, Fame, And Insane Wealth

Jun 4, 2018

These 11 women are some of the youngest and wealthiest female billionaires in the world. Some inherited their family's money, others inherited the family business, and two who founded their own billion dollar-businesses.

Rupert Murdoch's Billionaire Rival Threatening Fox Sale To Disney

Rupert Murdoch's Billionaire Rival Threatening Fox Sale To Disney

Jun 3, 2018

There is drama in the billionaire media mogul set. Rupert Murdoch's bitter rival, Comcast owner Brian Roberts, is reportedly complicating Murdoch's plan to sell his Fox assets to Disney for $52.4 billion.

Warren Buffett Has Raised $26M For Charity By Auctioning Off Lunches With Him

Warren Buffett Has Raised $26M For Charity By Auctioning Off Lunches With Him

Jun 1, 2018

It all started in 2000, when Buffett's late wife Susie came up with the idea to auction off lunch with her famous, wealthy husband, and it's still going on to this day.

Jan Koum's Facebook Exit Leaves Him With Nearly Half A Billion In Stock

Jan Koum's Facebook Exit Leaves Him With Nearly Half A Billion In Stock

May 29, 2018

On Tuesday, 2.5 million shares owned by Koum were vested. He held back about half of them for tax obligations according to the regulatory filing. He sold the rest of those shares on Wednesday.

Elon Musk Plans To Tunnel Under L.A. And Thinks Flying Cars Could Be Killers

Elon Musk Plans To Tunnel Under L.A. And Thinks Flying Cars Could Be Killers

May 29, 2018

Elon Musk is having a strange day. Not that that is unusual for him. After all, he's been known to take to Twitter to spout off on some truly bizarre theories. That's exactly what he did early Friday morning.