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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Rupert Murdoch Wants His Son Lachlan To Run His Media Empire. That Has Created A Massive Family Rift
As things stand now, control of Murdoch's media holdings would be passed to a trust controlled by four of his adult children. But now, the elder Murdoch is seeking to change it so that Lachlan retains sole control, a move the other siblings are attempting to block.
In 1925, The Second-Richest Person In The World Was A 12-Year-Old Girl
When Doris Duke was 12 years old, just one month shy of her 13th birthday, she inherited $100 million. It was 1925 and she instantly became the second richest person in the world.
Magical Secret Tax Loophole Gives Jamie Dimon $1.6 Billion Reasons To Become Treasury Secretary
Jamie Dimon has $1.6 billion reasons to do whatever it takes to be nominated and confirmed as the next Treasury Secretary of the United States.
Steve Ballmer (Microsoft Employee #30) Is Now Richer Than Bill Gates
Bill Gates should be a trillionaire right now. Instead Steve Ballmer – his former employee – is now slightly richer.
MrBeast Is Now Officially A Billionaire
A recently disclosed financial document just revealed the full extent of MrBeast's gross income and empire. The details give more than enough justification to officially crown MrBeast a billionaire.
Italian Soccer Team Inter Milan Seized By Investment Firm After Chinese Billionaire Owner Defaults On Loan
Oaktree announced the unusual move of having "assumed ownership" of Inter Milan after a period of public jousting between Oaktree and Suning over ownership of the team.
Billionaire Robert Hale Jr. Gives UMass Dartmouth Graduating Class $1000 Each, But With Strings Attached
The cash payments were delivered to the stage in two duffel bags and came in two envelopes for each student, one labeled "gift" and the other "give," and the idea is that to earn the first $500, the graduates need to give away the second.
Melinda French Gates Resigns From The Bill & Melinda Gates Foundation
French Gates's statement also mentions a sum of $12.5 billion that she will have for her own philanthropic projects under the terms of her separation agreement with the foundation.
Billionaire Karl-Erivan Haub Reportedly Suspected Of Faking His Own Death And Moving To Moscow With His Russian Girlfriend
The investigation reportedly stems from a group of journalists with German news channel RTL, who seem to believe that Haub is still alive, and filed a criminal complaint alleging as much.
Binance Founder Changpeng Zhao Is About To Be The Richest Person In History To Go To Jail
On Tuesday, Changpeng Zhao – more commonly known as "CZ," was sentenced to four months in federal prison. With a current net worth of $43 billion, he is about to be the richest person to ever go to jail.
Donald Trump Will Almost Certainly Unlock A $1.3 Billion "Earnout Bonus" Tuesday Afternoon
It took less than a month for Donald Trump to unlock a $1.25 billion bonus from his technology company.
Elon Musk Asks Telsa Shareholders To Reinstate His $56 Billion Pay Package
Elon Musk would really love it if Tesla shareholders voted to give him back his $56 billion payday.
Donald Trump's Truth Social Stock Fortune Has Been Cut In Half
After debuting through a SPAC merger at $50 a share, Donald Trump's Truth Social stock holdings have lost more than half their value in recent weeks.
Think Your Tax Bill Was Painful? Wait Til You Hear How Much Mark Cuban Just Wired To The IRS
Whatever pain you are feeling right now from your IRS bill, wait til you hear how much Mark Cuban just wired to the IRS…
Vietnam Real Estate Billionaire Sentenced To Death For Astonishingly Massive Bank Fraud
In just one three-year period during that decade, she allegedly instructed her driver to make countless cash withdrawals from these loans. In total, the driver withdrew the equivalent of $4 BILLION USD!