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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It's Official! Michael Jordan Is Selling The Hornets And Is The Financial GOAT of GOATS (Thanks To A Higher Valuation Than Anyone Predicted)
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!
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If Michael Jordan Sells The Charlotte Hornets, He'll Be The Undisputed Financial GOAT Of GOATS
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.
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A Few Years Ago Elizabeth Holmes Was A Multi-Billionaire. Today She Can't Afford $250-A-Month Theranos Restitution Payment
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.
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Moderna Billionaire/Harvard Professor Tim Springer Makes $210 Million Donation To His Own Nonprofit Research Organization
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.
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Credit Suisse Ordered To Pay Billionaire/Former Georgian Prime Minister Bidzina Ivanishvili $926 Million
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.
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Billionaire Rob Hale Gave Each Of The 2,500 Graduating Seniors At UMass Boston $1,000 In Cash During His Commencement Speech
Hale knows something about the joy of giving. Last year, he and wife Karen were reportedly giving $1 million a week to various small charities.
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After A Six Month Drought, Elon Musk Topples Bernard Arnault To Become The Richest Person In The World Again… Let That Sink In
After losing the crown in late December, Elon Musk is once again the richest person in the world.
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Billionaires Charles Johnson And Charles Schwab Are Feuding Over A Nantucket Clam Shack
They both own property on the island of Nantucket, and now they are both reportedly on opposite sides of a dispute involving a Straight Wharf Fish Market location on the island.
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Peter Thiel Says He Is Interested In Cryogenically Freezing Himself For Future Revival
Thiel was reported in 2016 to be among those investing in a cryogenics company called Alcor Life Extension Foundation, and he recently spoke a bit more on his interest in the field.
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Disgraced Fashion Mogul Peter Nygard Ordered To Pay $203 Million In Damages For Defamation To Neighbor Louis Bacon, Who Happens To Be A Billionaire
Peter Nygard and Louis Bacon at one time shared a driveway in the Bahamas, a driveway that Insider reports set off a decade-long feud between the two.
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"Love Child" Daughter Of Late Billionaire Bruce Wasserstein Files $100 Million Suit Against His Five Other Children
Bruce Wasserstein died in 2009, leaving behind six children (not counting another born to McCarthy years after his death via frozen embryo) and several lavish real estate holdings.
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Now That The Washington Commanders Have Sold For $6 Billion, Here Are The 10 Most Expensive Sports Team Sales In History
Dan Snyder, owner of the Washington Commanders in the NFL, is reportedly in the process of selling the team for a price of $6 billion. It even has a buyer lined up in an investment group led by billionaire Josh Harris.
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$150 Million Jewelry Collection Owned By Widow Of Nazi Party Member And Reportedly Linked To Nazi Crimes Set To Hit Auction Block
By the time of his death in 1987, the fortune that started allegedly thanks to Nazi crimes against humanity had grown in value to a reported $1 billion, and allowed for the purchase of the jewels now being prepared for sale.
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Billionaire Stephen Deckoff Buys Jeffrey Epstein's Notorious Private Islands For $60 Million
Deckoff paid $60 million for both the islands, less than half that of what they were initially listed for, and according to a press release announcing the acquisition, he plans to rehabilitate them for tourism purposes.
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Phil Knight Donates $400 Million To Help Rebuild A Historically Black Neighborhood In Portland
Rebuild Albina will focus on a wide variety of areas within the neighborhood, including education and housing as well as art projects, and will also seek to serve former residents who no longer live there but still work or go to school in the area.