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
Meet The Billionaires Who Want To Buy The Carolina Panthers

Meet The Billionaires Who Want To Buy The Carolina Panthers

Mar 24, 2018

The Carolina Panthers have more suitors than the most popular debutante heading to her ball. Billionaire bidders include an internet entrepreneur, hedge fund manager, and financial services CEO.

Mark Zuckerberg Unloaded $357 Million Worth Of Facebook Shares In February 

Mark Zuckerberg Unloaded $357 Million Worth Of Facebook Shares In February 

Mar 24, 2018

In February, Mark Zuckerberg sold $357 million of Facebook shares. Don't jump to conclusions, this had nothing to do with the whole sale of personal data scandal that caused stock to fall 8% on Monday.

Steve Wynn Cleared To Sell Stakes In Wynn Resorts

Steve Wynn Cleared To Sell Stakes In Wynn Resorts

Mar 23, 2018

Last week, a regulatory filing revealed that Steve Wynn, the former CEO of Wynn Resorts, has been cleared to sell all or a portion of his stake in the company he founded. Wynn is the largest shareholder in the company.

Hong Kong Billionaire Tycoon Li-Ka Shing Retires At Age 89   

Hong Kong Billionaire Tycoon Li-Ka Shing Retires At Age 89  

Mar 23, 2018

Billionaire Li-Ka Shing, who built his $31 billion fortune in a rags-to-riches story, from being a factory worker to becoming the richest man in Hong Kong, has announced that he will be retiring in May. He is 89 years old.

There Are 63 Billionaires Under 40 Years Old This Year

There Are 63 Billionaires Under 40 Years Old This Year

Mar 22, 2018

There are 2,208 billionaires in the world today. Of them, 63 are under 40 years old. This number is up from last year when there were just 56 billionaires under 40.

A Guy Who Made $5.5 Billion Selling His Company To Facebook Thinks Everyone Should Delete Facebook. Awkward!

A Guy Who Made $5.5 Billion Selling His Company To Facebook Thinks Everyone Should Delete Facebook. Awkward!

Mar 21, 2018

Ouch. When you can't keep a guy who made $5.5 billion off your company quiet, you've got problems…

Jayshree Ullal Gives Cisco A Run For Their Money And Becomes A Billionaire In The Process

Jayshree Ullal Gives Cisco A Run For Their Money And Becomes A Billionaire In The Process

Mar 21, 2018

Jayshree Ullal has ushered Arista Networks into being a public company and has taken it from small, little known startup, to a major competitor in its markets. For that effort, she has become a self-made billionaire.

Mark Zuckerberg Has Now Lost $9 Billion In Net Worth Thanks To Embarrassing Data Loss Scandal

Mark Zuckerberg Has Now Lost $9 Billion In Net Worth Thanks To Embarrassing Data Loss Scandal

Mar 20, 2018

It's been the worst 48 hours in Facebook's history and no one's hurting as badly as CEO Mark Zuckerberg.

Mark Zuckerberg's Net Worth Drops $6 Billion In Response To Facebook Data Scandal

Mark Zuckerberg's Net Worth Drops $6 Billion In Response To Facebook Data Scandal

Mar 19, 2018

Facebook shares took a big hit today as a result of the data mining scandal the site is facing. This stole about $5 billion of Mark Zukerberg's net worth

Saudi Billionaires Abused While Under Detention During Anti-Corruption Campaign

Saudi Billionaires Abused While Under Detention During Anti-Corruption Campaign

Mar 19, 2018

The Saudi government claims they acted within the laws of the Kingdom. The families of the men detained, and the man killed, claim they were beaten while under arrest during the Saudi anti-corruption campaign.

New Orleans Saints Owner Tom Benson Dead At 90

New Orleans Saints Owner Tom Benson Dead At 90

Mar 16, 2018

Tom Benson, the owner of the NFL's New Orleans Saints and NBA's New Orleans Pelicans, died Thursday, March 15 in New Orleans. He was 90 years old.

Rockefeller Art Collection Auction Expected To Bring In At Least Half A Billion

Rockefeller Art Collection Auction Expected To Bring In At Least Half A Billion

Mar 15, 2018

David Rockefeller was a voracious art collector during his lifetime. He believed that art was meant to be lived with and enjoyed, not hidden away to protect the investment. Christies is poised to auction off his art collection and it could bring in $500 million.

OxyContin Heir Buys Bel Air Mansion For $22.5 Million IN CASH

OxyContin Heir Buys Bel Air Mansion For $22.5 Million IN CASH

Mar 15, 2018

Purdue Pharma is the maker of the opioid painkiller OxyContin. Business must be booming, as one of the heirs of the founding family just paid $22.5 million in cash for a Bel Air home.

Oprah Sold Off A Bunch Of Weight Watchers Stock At A Huge Profit

Oprah Sold Off A Bunch Of Weight Watchers Stock At A Huge Profit

Mar 15, 2018

Oprah sold off 2 million shares in Weight Watchers, acquired largely by exercising stock options, and making a tidy $110 million profit in the process.

Vinod Khosla Takes His Beach Access Battle To The U.S. Supreme Court

Vinod Khosla Takes His Beach Access Battle To The U.S. Supreme Court

Mar 14, 2018

For decades, the California Coastal Act has declared that access to California's beaches is a fundamental right guaranteed to everyone. Billionaire Vinod Khosla wants to change that and he's taking his case to the U.S. Supreme Court.