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
How Long Did It Take Today's Billionaires To Go From Millionaire To Billionaire?

How Long Did It Take Today's Billionaires To Go From Millionaire To Billionaire?

Apr 17, 2018

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 Biotech Billionaire Close To Deal To Buy D.C. United

Los Angeles Biotech Billionaire Close To Deal To Buy D.C. United

Apr 16, 2018

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.

Mark Cuban Would Rather Have A Pet Rock Than Buy Bitcoin

Mark Cuban Would Rather Have A Pet Rock Than Buy Bitcoin

Apr 15, 2018

Billionaire owner the Dallas Mavericks Mark Cuban is very vocal on his opinion of both bitcoin and gold. He does not believe either are a viable alternative to cold hard cash.

Thai Billionaire Somphote Ahunai Has Lost About Half Of His Fortune In Stock Market Plunge

Thai Billionaire Somphote Ahunai Has Lost About Half Of His Fortune In Stock Market Plunge

Apr 15, 2018

The plunge began on March 28th, when the Bangkok Post quoted Thailand's Energy Minister Siri Jirapongphan to the effect that the Thai government wasn't planning to increase its renewable-source electricity buys until after 2023, due to a surplus in reserve power.

Billionaire Frank McCourt Donates $45M Towards Future Manhattan Cultural Center, The Shed

Billionaire Frank McCourt Donates $45M Towards Future Manhattan Cultural Center, The Shed

Apr 12, 2018

McCourt's $45 million donation went straight to the building's capital campaign, which will cover construction costs and other expenses as well as support for the first three years of the Shed's cultural programs.

Billionaire Jack Ma Was Happier When He Made $12 A Month

Billionaire Jack Ma Was Happier When He Made $12 A Month

Apr 12, 2018

They say that money can't buy happiness and China's richest man, Alibaba founder, Jack Ma, agrees. Despite his $42 billion net worth, he things he was just as happy, possibly even happier when he was right out of college and barely making any money.

Mark Zuckerberg's Net Worth Jumped $2.76 Billion Thanks To His Congressional Testimony

Mark Zuckerberg's Net Worth Jumped $2.76 Billion Thanks To His Congressional Testimony

Apr 10, 2018

If you're gonna have an awkward day testifying in front of Congress, increasing your net worth by nearly $3 billion is a not a bad outcome.

Kremlin Claims Russian Arrests Are Part Of An Anti-Corruption Movement

Kremlin Claims Russian Arrests Are Part Of An Anti-Corruption Movement

Apr 10, 2018

The Kremlin claims the arrests of a billionaire and his brother are part of an anti-corruption campaign. If you believe that, I've got a bridge in Brooklyn to sell you, cheap.

They Predicted $1 Billion… But Spotify CEO Daniel Ek Is Now Officially Worth $3 BILLION Thanks To Historic IPO

They Predicted $1 Billion… But Spotify CEO Daniel Ek Is Now Officially Worth $3 BILLION Thanks To Historic IPO

Apr 3, 2018

Spotify CEO Daniel Ek thought he'd wake up with a net worth of $1 Billion. He actually woke up with a net worth of $3 billion.

Larry Ellison Launching Hydroponic Farming Company On His Own Private Island

Larry Ellison Launching Hydroponic Farming Company On His Own Private Island

Apr 1, 2018

Sensei is starting out with ten hydroponic greenhouses 200,000 square feet, each. Together, Ellison told the Honolulu Star Advertiser he expects them to yield about 1.7 million pounds produce per year.

The Rockefeller Family's Four Secrets To Preserving Family Wealth

The Rockefeller Family's Four Secrets To Preserving Family Wealth

Mar 31, 2018

The Rockefeller family spans seven generations and more than 250 members. Here's how all of those members have managed to maintain the family's wealth.

Prince al-Waleed bin Talal Paid $6 BILLION To Be Freed From Three-Month Government Detention

Prince al-Waleed bin Talal Paid $6 BILLION To Be Freed From Three-Month Government Detention

Mar 30, 2018

Last November, the Saudi government rounded up 60 princes, businessmen, officials and various other prominent figures and detained them at the Ritz-Carlton in Riyadh as part of a crackdown on corruption. It was viewed as the first volley of power lobbed by Crown Prince Mohammed bin Salman.

The Richest People In The World Have Lost $436 Billion – Since January

The Richest People In The World Have Lost $436 Billion – Since January

Mar 29, 2018

They're still very very rich, just not nearly as rich as they were a few months ago…

What Exactly Is Vladimir Putin's Net Worth? Is He The Richest Person On The Planet?

What Exactly Is Vladimir Putin's Net Worth? Is He The Richest Person On The Planet?

Mar 28, 2018

Russian President Vladimir Putin's net worth is one of the biggest mysteries of our time. He doesn't divulge it. Russia is extremely secretive about it, but many speculate that he is the richest person on the planet.

Warren Buffett Says Money Doesn't Buy Happiness

Warren Buffett Says Money Doesn't Buy Happiness

Mar 26, 2018

Warren Buffett said that having more money is not the key to happiness. He admitted to enjoying the days more when he had a smidgen of his current wealth. Do you agree?