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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Meet The Billionaires Who Want To Buy The Carolina Panthers
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.
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Mark Zuckerberg Unloaded $357 Million Worth Of Facebook Shares In February
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.
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Steve Wynn Cleared To Sell Stakes In Wynn Resorts
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.
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Hong Kong Billionaire Tycoon Li-Ka Shing Retires At Age 89
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.
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There Are 63 Billionaires Under 40 Years Old This Year
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!
Ouch. When you can't keep a guy who made $5.5 billion off your company quiet, you've got problems…
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Jayshree Ullal Gives Cisco A Run For Their Money And Becomes A Billionaire In The Process
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.
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Mark Zuckerberg Has Now Lost $9 Billion In Net Worth Thanks To Embarrassing Data Loss Scandal
It's been the worst 48 hours in Facebook's history and no one's hurting as badly as CEO Mark Zuckerberg.
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Mark Zuckerberg's Net Worth Drops $6 Billion In Response To Facebook Data Scandal
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
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Saudi Billionaires Abused While Under Detention During Anti-Corruption Campaign
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.
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New Orleans Saints Owner Tom Benson Dead At 90
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.
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Rockefeller Art Collection Auction Expected To Bring In At Least Half A Billion
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.
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OxyContin Heir Buys Bel Air Mansion For $22.5 Million IN CASH
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.
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Oprah Sold Off A Bunch Of Weight Watchers Stock At A Huge Profit
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.
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Vinod Khosla Takes His Beach Access Battle To The U.S. Supreme Court
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.