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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Jeff Bezos Just Ended Elon Musk's Three-Year Reign As The World's Richest Person… And Another Painful Wrinkle Is On The Horizon
After an uninterrupted three-year reign as the richest person on the planet, Elon Musk just dropped to #3 behind Jeff Bezos and Bernard Arnault. And more pain could be on the way.
In 1995, Jeff Bezos' Parents Invested $245,573 Into His Fledgling Company "Amazon." Today They Are Almost Certainly Secret Billionaires
"I want you to know how risky this is. Because I want to come home for Thanksgiving and I don't want you to be mad at me." – Jeff Bezos to his parents in 1995. Two years before Amazon's IPO.
Please Don't Tell Jeff Bezos What He'd Be Worth Today Had He Never Never Gotten Divorced…
Jeff Bezos' net worth is sitting near an all-time high… but it's not nearly as high as it could have been with a slightly different roll of the marital dice.
Netflix Co-Founder Reed Hastings Donates $1.1 Billion To Silicon Valley Charitable Foundation
The donation syncs up with a similar one made by Mark Zuckerberg in 2014, when he donated over $1 billion worth of stock in his own company to the same foundation.
Mark Zuckerberg Has Never Been Richer Than He Is Right This Moment. And That's Not His Only Good News
Mark Zuckerberg has been one of the richest people in the world for the last decade. But he has never been as rich as he is right this moment.
Jeff Bezos And Other Billionaires Have Lost Fortunes In Their News Industry Endeavors
Bezos purchased The Washington Post in 2013 for roughly $250 million, and in last year alone the legendary paper reported losses of $100 million, going on to make drastic cuts to staff in a wave of buyouts.
A Delaware Judge Just Voided $55 Billion From Elon Musk's Net Worth
"Never incorporate your company in the state of Delaware… " Elon tweeted after a judge's ruling essentially sliced $55 billion away from his net worth.
Russian Billionaire Dmitry Rybolovlev Accuses Sotheby's Of Cheating Him Of Tens Of Millions In Court Testimony
Yves Bouvier is an infamous art world figure who's been accused of various acts of fraud and other schemes, and in December of last year he settled a long legal battle with Rybolovlev on undisclosed terms.
Chinese Online Gaming Billionaire Chen Tianqiao Revealed As Second-Largest Foreign Holder Of US Land
In addition to the land making him the second-biggest foreign landowner in the US, it's enough acreage to place him in the top 100 of biggest US landowners overall — he comes in at number 82.
In A Slightly Alternate Reality, Bill Gates Just Became The World's First Trillionaire
As Microsoft overtakes Apple to be the world's most valuable company, with a $3 trillion market cap, there's a slightly different universe where Bill Gates just became the world's first trillionaire.
What Would It Take For Elon Musk To Become A Trillionaire?
As of this writing, Elon Musk is worth a bit over $206 billion. Two years ago it was $340 billion. What would it take for Elon's net worth to break $1 trillion?
Reclusive L'Oréal Cosmetics Heiress Francoise Bettencourt Meyers Was Briefly The First Woman To Amass A $100 Billion Fortune
The glass ceiling separating women from fortunes in excess of $100 billion has officially been broken as L'Oréal sees a record high on the stock market amid its best single business year since 1998.
Hermès Billionaire Nicolas Puech Wants To Leave Half Of His $13 Billion Fortune To His Former Gardener
Puech is attempting to legally cancel a previous contract between himself and his own non-profit organization Isocrates Foundation and make the employee, described as a "servant, former gardener and handyman" a legal heir instead.
How Billionaire Hedge Fund Manager David Tepper Got The Coldest Revenge Ever On His Former Boss
David Tepper spent years toiling at Goldman Sachs, hoping to be made partner. It never happened so he struck out on his own and eventually made a fortune. He then got the best revenge ever….
Richard Branson Is Renting Out Rooms On His Private Necker Island For More Than $5,000 Per Night
Branson's usual holiday practice is to rent out the entire island to an ultra-wealthy peer for the season, something that reportedly costs more than $100,000.