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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18-Year-Old Ray-Ban Heir Is Now The Youngest Billionaire In The World
Clemente Del Vecchio is 18 years old. He the youngest child of the late billionaire Leonardo Del Vecchio. Thanks to his inherited stake in sunglasses empire Luxottica, Clemente is now the youngest billionaire in the world.
Government Claims Fugees Rapper Pras Received $100 Million From Fugitive Jho Low
The case made headlines recently when actor Leonardo DiCaprio, whose 2013 film "The Wolf of Wall Street" was partly financed by Low, was called to testify about his own associations with both Low and Michel.
A Treasury Department Disclosure May Have Just Exposed A Massive Secret Fortune
If a very subtle and bland Treasury Department disclosure is accurate, someone who was secretly one of the richest people in America just died without anyone knowing the true extent of their fortune.
Meet Ryan Cohen, The Guy Who Bought 9 Million Shares Of GameStop When The Stock Was At $8…
Anyone who owns stock in GameStop has seen their stock become exponentially more valuable over the last several days as a result, and that includes entrepreneur and "activist investor" Ryan Cohen.
Exiled Chinese Billionaire Guo Wengui Arrested By US Authorities In Connection With Alleged $1 Billion Fraud Scheme
Guo and alleged co-conspirator Kin Ming Je are charged by authorities with lying to their online followers and using their "investments" to fund a plethora of lavish expenses.
The Time Kim Kardashian Flew Home From Vegas With $250,000 In A Garbage Bag
Thanks to newly-revealed FBI interview transcripts related to the government's investigation into Low's activities, we've learned of a particularly incredible story involving none other than Kim Kardashian and hundreds of thousands of dollars worth of cash, a trash bag and a Southwest flight back to LA.
Late Billionaire Joseph Safra's Son Sues Mother And Brothers Over Stake In Family Fortune
Alberto's lawsuit accuses his family of taking advantage of their father's diminished mental capacity near the end of his life, making changes in his will to cut down his stake in the company from 28 percent to less than half that.
Michael Jordan Celebrated His 60th Birthday By Donating $10 Million To Make-A-Wish America, The Most Any Individual Has Given The Org At Once
Basketball legend Michael Jordan has been the idol of millions of children over the course of his storied career, and he's had a working relationship with Make-A-Wish America for almost as long, going back to 1989 when he granted his first wish for the organization.
Bill Gates Says He'll Continue To Fly Private And Campaign On Climate Change
Gates says he's "comfortable with the idea that, not only am I not part of the problem by paying for the offsets, but also through the billions that my Breakthrough Energy Group is spending, that I'm part of the solution."
Rihanna Will Be The First Billionaire To Perform At The Super Bowl Halftime Show
This Sunday, at the Super Bowl LVII Halftime Show, fans and viewers all over the world will be treated to a significant milestone in Super Bowl history. For the first time ever, the headlining performer taking the stage for the halftime show will be a billionaire.
Jay-Z Just Earned "Multi" Billionaire Status After Cashing Out His Stake In D'Ussé Cognac
In the process he ends a bitter legal battle AND adds a couple hundred million bucks to his net worth. Not bad for a day's work.
Family Of Former Russian Billionaire Dmitry Zelenov, Who Died Mysteriously Last Year, Are Fighting Over His Assets
Zelenov was just 50 years old, but it's still unusual for someone as wealthy as he was (even if he was probably no longer a billionaire) to not leave a will. And now his family is fighting over what will happen to his fortune.
An Activist Investor's Allegations Have Absolutely Obliterated Gautam Adani's Fortune Over The Last Two Weeks
A month ago, Gautam Adani was the third-richest person on the planet with a net worth of $125 billion. That was a month ago…
Billionaire Jim Ratcliffe's Facing Scrutiny Over $20 Million French Alps Ski Chalet He Reportedly Built For Underprivileged Children
The UK Charity Commission has opened a "regulatory compliance case" in order to investigate "concerns about the governance and management of the Jim Ratcliffe Foundation."
NY Oil Millionaire Lost A Fortune With Enron… Then Madoff… Then FTX! The Triple Crown Of Bad Investments
Throughout your life, you've likely thrown away your money on something. Whatever it was, chances are, it wasn't as bad as this.