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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Roman Abramovich Reportedly Transferred $4 Billion Worth Of Yachts And Private Jets To His Kids Before Russia's Invasion Of Ukraine
The changes were made to ten offshore trusts held by Abramovich, seeing his seven children's shared shares in assets, like the $700 million Eclipse superyacht, go from 51 percent to 100 percent.
These Six Billionaires Are The Biggest Wealth Losers Of The Last 12 Months
Hopefully your 2022 was full of prosperity, good fortune, and romance. You might not be a billionaire, but that also means you don't have to worry about seeing your name on a list of the biggest billionaire losers of 2022 ("losers" meant purely in a monetary sense).
This Billionaire Gained More Wealth Than Any Other Billionaire In 2022
Most of the world's richest people either saw their wealth diminish or stagnate during the year, owing to various economic factors, and one of the only ultra-wealthy individuals to buck this trend naturally also gained the most wealth of any billionaire in 2022.
Electric Shock! Elon Musk Lost More Wealth Than Any Other Billionaire In 2022
A $200 billion loss of wealth is enough to qualify Musk's as the biggest billionaire loss of the year, but it's also much more than that – probably the most money anyone in modern history has ever lost.
Elon Musk Has Now Lost More Money Than Anyone In History
A little over a year ago, Elon Musk was the richest person in history with a net worth of $340 billion. Fast forward to the present and he's now officially lost more money than any human in history.
A Swedish Billionaire Is Buying Up Rights To Old Video Games To Build A "Gaming Empire"
Wingefors is a successful financier who got his start in business as a young person selling old comic books and video games outside Karlstad in Sweden
The Winklevoss Twins Are Facing A Possible Class Action Lawsuit From Gemini Investors Over Lost $900 Million In Customer Funds
The lawsuit, filed by Brendan Picha and Max J. Hastings, accuses Gemini of fraud and alleges that it "refused to honor any further investor redemptions, effectively wiping out all investors who still had holdings in the program."
Russia Seizes $1 Billion Hotel Sochi Hotel Development From Billionaire Who Criticized Putin And The War
The seizure is supposed to be in connection to a land dispute filed by Russia's Sirius Federal Territory (established under President Putin), but the decision to seize the complex reportedly comes after the Kremlin asked Deripaska to tone down his criticisms of the war.
The Son Of Murdered Married Billionaire Couple Increases Reward For Information On Their Killer To $25 Million
In a press statement made to the CBC, the younger Sherman expresses a desire for closure in the matter of his parents' murder. "Closure will not be possible until those responsible for this evil act are brought to justice," the statement reads.
$90 Million French Riviera Villa Will Not Be Returned To Sanctioned Russian Billionaire
Ponomarenko is in the midst of a legal battle to get one of his assets back in French court: a villa reportedly valued at $88.9 million in the ultra-exclusive Saint-Jean-Cap-Ferrat on the French Riviera.
There Are No More $200 Billionaires In The World
Roughly a year ago, controversial Tesla/Twitter CEO Elon Musk had a staggering net worth of $340 billion, while Amazon founder Jeff Bezos was worth $210 billion. Now, neither man has a fortune that even comes close to the $200 billion mark.
The Unthinkable Just Happened: Bernard Arnault Has Overtaken Elon Musk As The Richest Person In The World
On Tuesday afternoon, Elon Musk officially slipped to the world's SECOND richest person. The world's new king of wealth is LVMH founder Bernard Arnault.
Bernard Arnault Is Within Striking Distance Of Dethroning Elon Musk As The Richest Person In The World
Bernard Arnault is on the verge of overtaking Elon Musk as the richest person on the planet.
Elon Musk Is Perilously Close To Losing His Status As The Richest Person In The World
A year ago Elon Musk was the richest person on the planet by a margin of more than $100 billion. Twelve months later he's lost more money than any other billionaire and and he's perilously close to losing his status as the world's richest person.
Billionaire Leon Black Alleged To Have Committed A Sexual Assault At Jeffrey Epstein's Home In 2002
For Black's part, he has denied the allegations, and a press statement released by his attorney Susan Estrich of the law firm Estrich Goldin called the allegations "categorically false and part of a scheme to extort money from Mr. Black by threatening to destroy his reputation."