Billionaire News | Celebrity Net Worth

People don't generally become teachers to become billionaires. However, that is exactly what has happened to a 36-year-old math teacher named Liu Yachao.

Oh, the Silicon Valley billionaires. They are so unique. Somehow these tech moguls and venture capitalists got it into their heads that having oodles of money legitimizes their insane ideas.

Befitting its place in the center of one of the most expensive divorces in UK history, the Luna is a nine-deck, 50-crew-member yacht, with a 20-meter outdoor swimming pool, eight smaller boats and a mini-submarine.

BlackRock CEO Larry Fink and his team manage more than $6 trillion in assets. He's also the newest member of the billionaire's club!

Billionaire Michael Bloomberg is putting his money where his mouth is. He has pledged to write a check for $4.5 million to cover the United States' financial commitment for this year to the Paris Climate Agreement.

Oleg Deripaska threw a lavish party at Davos in January with champagne and performances by Enrique Iglesias and Russian folk dancers. Now, just a few months later, the Russian oligarch is on an international blacklist and barred from doing business in Western economies.

It seems like it would take a lifetime to make a billion dollars or more. Not so anymore, in our era of tech companies and internet startups. The billionaire who took the longest to make a billion only took six years to do it!

The company's press release does not disclose exactly how much scratch Gates or any of the other investors are putting into EarthNow, but the company's founder and CEO recently said that the project's total cost will be about a billion dollars.

No one likes paying taxes, but one man has one billion reasons to dislike the IRS this year.

Billionaire banking heir Matthew Mellon has died at age 54, reportedly while a patient at a drug rehab center in Cancun. He is survived by his ex-wives, Jimmy Choo founder Tamara Mellon and fashion designer Nicole Hanley, and his children Minty, Olympia, and Force.

There's a new TV show in production at Discovery that is sort of like a "Survivor" for billionaires. The show is called "Undercover Billionaire." In it, a self-made billionaire is dropped off in a random city with just a few dollars in his pocket and the drive to build a new business.

Let's take a look at Warren Buffett's 10 Rules To Get Rich. Who knows, maybe one of us will learn something that inspires us to go out and make billions!

Monday was not a good day to be a Russian billionaire. The country's wealthiest people saw their combined net worth fall by $16 billion on April 9th.

Today, Warren Buffett has a net worth of $75 billion. It took him 26 years from the time he became a millionaire to the time he made his first billion. It took Bill Gates 5 years. It took Jeff Bezos 2 years.

Los Angeles billionaire Patrick Soon-Shiong is closing in on a deal to buy Major League Soccer's D.C. United. The agreement would value to club at a record $500 million.