Forbes billionaire list

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Springsteen Joins the Ranks of Billionaires

Forbes elevates star partly on the sale of his music catalog

(Newser) - Bruce Springsteen, whose image as a blue-collar rocker was backed up by a 31-song concert Thursday night in Stockholm, has worked his way to a new financial milestone. Forbes now estimates his net worth to be at least $1.1 billion, right alongside Taylor Swift. Springsteen, 74, sold more than...

Musk's Bottom Line Takes a Hit From His Tesla Woes

Mark Zuckerberg displaces Tesla CEO from No. 3 spot on Bloomberg Billionaires Index

(Newser) - While much of social media was commenting Thursday on a fake "bearded Mark Zuckerberg" picture , the Facebook co-founder notched a more substantial achievement: displacing Elon Musk on Bloomberg's Billionaires Index . Zuckerberg, 39, is now third on that list, with a net worth of about $178 billion, while the...

Sam Altman Joins a Pretty Exclusive Club

OpenAI CEO is officially a billionaire, according to Forbes

(Newser) - There's a new billionaire in town. Sam Altman, the 38-year-old CEO of the company that created ChatGPT, is now worth at least $1 billion, according to Forbes , putting him at No. 2,747 on the magazine's list of the world's richest people . Though Altman has no equity...

Today's 'Baby' Billionaires Didn't Exactly Earn Their Wealth

For the first time, none of the 30-and-under set on 'Forbes' list of youngest billionaires is self-made

(Newser) - There are nearly 2,800 billionaires in the world, as of last count, and 15 of them are 30 or under—and, for the first time, everyone from that younger set has inherited their wealth. It's part of the advent of what Forbes calls the "great wealth transfer,...

Trump Didn't Make This List, and He's Not Happy

Former president slams 'Forbes' after not making it into the magazine's top 400 billionaires

(Newser) - This year's Forbes 400 list of America's richest came out last week, and the magazine notes the "superrich are riding high again," making back $500 billion they collectively lost last year. Elon Musk tops the list with his $251 billion, followed by the usual suspects of...

The Artist Formerly Known as Kanye West Is No Longer a Billionaire
Ye Is Off
the Billionaires List
Apr 7, 2023 1:00 AM CDT

Ye Is Off the Billionaires List

And Elon Musk drops from No. 1 to No. 2

(Newser) - Ye, the artist formerly known as Kanye West, is a billionaire no longer. He was on the Forbes' billionaires list last year with an estimated net worth of $2 billion, but after Adidas terminated its partnership with the controversial rapper, his net worth dropped to an estimated $400 million, CBS...

Jeff Bezos' Bank Account Had a Very Bad Day

Stock slide shrinks founder's personal wealth by $18B

(Newser) - It took a single day for the effects of Amazon's quarterly loss to be brought home to Jeff Bezos. The company's founder fell Friday to No. 3 on the list of the world's richest people, after Amazon reported Thursday that it had lost $3.8 billion in...

World's Richest Musician Disputes Spot on Forbes List

Sources say Ye believes estimate is $5B too low

(Newser) - The rapper formerly known as Kanye West is the richest musician in the world, with a net worth of around $2 billion, according to the latest Forbes billionaires list —but insiders say Ye wants a recount. Sources tell the Blast that Ye believes Forbes is trying to "diminish"...

Meet the 10 Richest People in the World

You know many of them already, including Elon Musk at No. 1, per 'Forbes' annual billionaires ranking

(Newser) - If Forbes is trying to make us feel bad for the world's billionaires, it's not really working. The magazine notes that, collectively, this group is now worth $400 billion less than they were a year ago, thanks to the ongoing pandemic, tepid markets, and war—but 1,000...

Guess Who's Not on the Forbes 400 List
Trump Fails to Make
Forbes 400 List
Oct 6, 2021 12:36 AM CDT

Trump Fails to Make Forbes 400 List

For the first time in 25 years

(Newser) - For the first time in a quarter-century, Donald Trump failed to make the Forbes 400 this year. The former president made the list of the wealthiest Americans every year from 1996 to 2020 (as well as 1982 to 1989), USA Today reports. The cutoff to make the list rose from...

Kim Kardashian Hits Billionaire Status
Kardashians Add a Billionaire
Apr 6, 2021 12:11 PM CDT

Kardashians Add a Billionaire

Two companies have helped push eldest daughter's wealth up significantly in months

(Newser) - In part by following her sister's example, Kim Kardashian has taken her wealth to a new level. Forbes put her on its list of billionaires Tuesday. The success of a couple of her businesses helped balloon her wealth from $780 million in October to an estimated even $1 billion...

Formerly 'Poor as Hell' Tyler Perry Now a Billionaire

He says ownership made all the difference

(Newser) - Tyler Perry, who grew up poor in New Orleans and spent much of the '90s as a penniless—and sometimes homeless—playwright, is now officially a billionaire. The 50-year-old actor and filmmaker has been added to the list of billionaires at Forbes, which estimates he has made more than...

Forbes Redid the Numbers. It's Bad News for Kylie Jenner

Magazine says it has concluded 22-year-old 'is not a billionaire'

(Newser) - Remember all the hubbub last year over Kylie Jenner's ascension to the crown of "youngest ever self-made billionaire" at age 21? That title just got yanked by Forbes , which has removed her from its famous ranking of billionaires after looking more closely at what it now calls her...

Forbes Just Named Kanye a Billionaire. He's Still Not Happy

Rapper says magazine undervalued him at $1.3 billion

(Newser) - It's not clear whether Yeezy will soon change his name to "Christian Genius Billionaire Kanye West," as he's long wanted to , but he can at least now officially claim part of that moniker. CNN reports the 42-year-old rapper and fashionista is worth $1.3 billion, per...

In-N-Out's Billionaire Prez: I Was 'Over' by Age 22

Lynsi Snyder overcame struggles to get where she is

(Newser) - For many West Coasters, In-N-Out is the burger chain—hard to find in big cities but revered for its low prices and fresh ingredients. Now meet Lynsi Snyder, a 36-year-old who has battled drug and alcohol use, sports Bible-verse tattoos, and is married to a race-car driver. The kicker: She...

Trump Still a Multi-Billionaire, but His Ranking Tumbles

He falls to No. 766 in newest ranking by 'Forbes'

(Newser) - President Trump probably won't be happy to see Forbes ' 2018 ranking of the world's richest people—he has fallen from No. 544 to No. 766. The list pegs Trump's fortune at $3.1 billion, $400 million less than in 2017. Forbes notes that New York City'...

Norway Hands Out $30K DUI Fine
Norway
Hands Out
$30K DUI Fine
Nov 19, 2017 6:03 AM CST

Norway Hands Out $30K DUI Fine

To world's second-youngest billionaire

(Newser) - A 22-year-old Norwegian student has been handed a $30,400 fine for drunken driving—but can still count herself lucky, reports the AP . Katharina G. Andresen is reportedly Norway's richest woman, with a fortune estimated by Forbes at $1.23 billion. Fines for drunken driving in Norway are based...

Forbes : Wilbur Ross Lied About Being a Billionaire
Forbes: Wilbur Ross Lied
About Being a Billionaire
INVESTIGATION
Nov 7, 2017 9:30 AM CST

Forbes: Wilbur Ross Lied About Being a Billionaire

Magazine accuses commerce secretary of pattern of 'whoppers' and 'omissions' going back 13 years

(Newser) - Earlier this year, President Trump noted "I just don't want a poor person" in charge of economic posts in his administration, then touted Commerce Secretary Wilbur Ross as "a very rich person" who was up to the task. But just how rich Ross really is is now...

Amazon's Bezos Becomes World's Third Richest Person

$2.6 billion isn't a bad day's haul

(Newser) - Thursday wasn't a bad day for Jeff Bezos: a $2.6 billion rise in his fortune and a move up Forbes' billionaire list to become the third richest person on the planet, the magazine reports . The 24-hour windfall that brought the Amazon CEO's net worth up to a...

Forbes Says This Young Billionaire Now Worth Nothing

Magazine says Theranos founder Elizabeth Holmes' net worth is gone

(Newser) - The golden child of the biotech world has lost her luster—and her entire fortune. "Last year, Elizabeth Holmes topped the Forbes list of America's Richest Self-Made Women ," Forbes pointed out Wednesday, noting it had rejiggered the $4.5 billion attributed to her last year: "Today,...

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