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
They Co-Own A $60 Billion Hedge Fund. They Hate Each Other. One Is Getting Divorced (With No Prenup). And It's A Huge Mess.

They Co-Own A $60 Billion Hedge Fund. They Hate Each Other. One Is Getting Divorced (With No Prenup). And It's A Huge Mess.

Aug 11, 2023

They run the third-largest hedge fund in the world with $60 billion in assets. They despise each other and can't make even simple business decisions anymore. And now one of them is going through a divorce with no prenup.

CEO Of Obscure Plastic Foam Company Becomes Billionaire After Branching Out Into Rechargeable Batteries

CEO Of Obscure Plastic Foam Company Becomes Billionaire After Branching Out Into Rechargeable Batteries

Jul 20, 2023

The company hit a market cap of almost $5 billion, and as Ryu is reportedly its largest stockholder with a stake of around 40 percent, his net worth hit the billion-dollar mark along with it.

French Billionaire Francois-Henri Pinault Considering $7 Billion Acquisition Of Creative Artists Agency

French Billionaire Francois-Henri Pinault Considering $7 Billion Acquisition Of Creative Artists Agency

Jul 19, 2023

Multiple sources close to the situation say Pinault is "in talks" to purchase the large stake in CAA, which could get a valuation of at least $7 billion, according to those same sources.

Russian Billionaire Roman Abramovich Challenges EU Sanctions In Court

Russian Billionaire Roman Abramovich Challenges EU Sanctions In Court

Jul 19, 2023

Abramovich's efforts to get the sanctions lifted are an uphill battle. Even if he wins this specific case, EU laws give the Council of the EU latitude to impose new ones on different grounds.

Elon Musk Is A Quarter-Trillionaire Once Again

Elon Musk Is A Quarter-Trillionaire Once Again

Jul 18, 2023

Elon Musk's net worth is back in the quarter-trillion territory after an absolutely insane year of wealth fluctuation.

The Co-Founder Of An AI Company Sold His 15% Stake For $100. Three Months Later The Company Was Worth $1 Billion. Now He's Suing.

The Co-Founder Of An AI Company Sold His 15% Stake For $100. Three Months Later The Company Was Worth $1 Billion. Now He's Suing.

Jul 17, 2023

A co-founder of generative image startup Stability AI claims he was told the company was "essentially worthless" when he sold his stake to the CEO for $100. Three months later the company was worth $1 billion.

How Did 1980s Actress Jami Gertz Become The Richest Actor In The World? With An $8 Billion Fortune!!??

How Did 1980s Actress Jami Gertz Become The Richest Actor In The World? With An $8 Billion Fortune!!??

Jul 10, 2023

Jami Gertz's husband is billionaire Antony Ressler. But don't assume Gertz married the rich guy… it was actually Ressler who married the rich girl, back in 1986. The story of Jami Gertz, Tony Ressler, and their billions is a love story. 

Silvio Berlusconi Left His Girlfriend Over $100 Million In His Will, And Another $32 Million To Mafia-Linked Associate

Silvio Berlusconi Left His Girlfriend Over $100 Million In His Will, And Another $32 Million To Mafia-Linked Associate

Jul 10, 2023

Berlusconi's 33-year-old girlfriend and Italian politician Marta Fascina, who the tycoon reportedly referred to as his "wife" on his deathbed despite their lack of an official marriage, inherits about $109 million US, the same figure as his younger brother Paolo.

How Rich Would Steve Jobs Be Today As Apple's Market Cap Tops $3 Trillion?

How Rich Would Steve Jobs Be Today As Apple's Market Cap Tops $3 Trillion?

Jun 30, 2023

On Monday January 3, 2022, Apple became the first publicly traded company to cross a $3 trillion market cap. At that level, how rich would Steve Jobs be today if he was still alive?

Former Google CEO Eric Schmidt Just Paid $67 Million For Superyacht Abandoned By Sanctioned Russian Billionaire Andrey Guryev

Former Google CEO Eric Schmidt Just Paid $67 Million For Superyacht Abandoned By Sanctioned Russian Billionaire Andrey Guryev

Jun 27, 2023

The Antiguan government was reportedly an eager seller, owing to the craft's estimated maintenance and upkeep expenses of $112,000 per month.

It's Official! Michael Jordan Is Selling The Hornets And Is The Financial GOAT of GOATS (Thanks To A Higher Valuation Than Anyone Predicted)

It's Official! Michael Jordan Is Selling The Hornets And Is The Financial GOAT of GOATS (Thanks To A Higher Valuation Than Anyone Predicted)

Jun 16, 2023

Three months ago, almost to the day, rumors began to circulate that Michael Jordan was looking to sell his stake in the NBA's Charlotte Hornets. Those rumors are about to be fact. And at a much higher price than we predicted!

If Michael Jordan Sells The Charlotte Hornets, He'll Be The Undisputed Financial GOAT Of GOATS

If Michael Jordan Sells The Charlotte Hornets, He'll Be The Undisputed Financial GOAT Of GOATS

Jun 16, 2023

Michael Jordan is reportedly looking to sell his majority stake in the Charlotte Hornets. A team he bought in 2010 for $175 million. If this sale happens, MJ will be the absolute undisputed financial GOAT.

A Few Years Ago Elizabeth Holmes Was A Multi-Billionaire. Today She Can't Afford $250-A-Month Theranos Restitution Payment

A Few Years Ago Elizabeth Holmes Was A Multi-Billionaire. Today She Can't Afford $250-A-Month Theranos Restitution Payment

Jun 16, 2023

Holmes says her company's collapse has completely wiped her out, and with no financial assets left and no hope of repairing her image in the business world, $250 a month will be too much for her.

Moderna Billionaire/Harvard Professor Tim Springer Makes $210 Million Donation To His Own Nonprofit Research Organization

Moderna Billionaire/Harvard Professor Tim Springer Makes $210 Million Donation To His Own Nonprofit Research Organization

Jun 7, 2023

Though the gift is only now being reported, Springer actually made it back towards the end of 2020, with an aim towards bringing IPI up to scale, hiring more personnel, upgrading equipment, and more.

Credit Suisse Ordered To Pay Billionaire/Former Georgian Prime Minister Bidzina Ivanishvili $926 Million

Credit Suisse Ordered To Pay Billionaire/Former Georgian Prime Minister Bidzina Ivanishvili $926 Million

Jun 7, 2023

The bank has been ordered by a court in Singapore to pay $926 million to billionaire Bidzina Ivanishvili, who served as the prime minister of Georgia between 2012 and 2013.