billionaires

Stories 21 - 40 | << Prev   Next >>

Elon Musk Does Not Like MacKenzie Scott's Billions to Charity

Calls fellow billionaire's charitable giving among the reasons 'that Western Civilization died'

(Newser) - MacKenzie Scott has become a power player in philanthropic circles, donating billions to charity since her split with Amazon founder Jeff Bezos in 2019. That charitable giving, however, has apparently attracted the ire of a fellow billionaire: X owner Elon Musk, who had words for Scott on his social media...

After Meeting With Trump, Elon Musk Clarifies One Thing

X owner was spotted at weekend gathering with Trump, wealthy GOP donors in Florida

(Newser) - After a report surfaced that Donald Trump met with Elon Musk as a potential campaign donor over the weekend, Musk is shooting down the possibility. "Just to be super clear, I am not donating money to either candidate for US President," he tweeted Wednesday.

'Clock Is Ticking' on Plan for Controversial New Eco-City

California Forever scrambles for signatures to get billionaire Sramek's initiative on November ballot

(Newser) - After two false starts, the billionaires behind a plan to build an eco-friendly city from scratch are behind schedule to put their proposal before California voters this November. Former Goldman Sachs trader Jan Sramek unveiled his closely guarded ballot initiative for the proposed community between San Francisco and Sacramento in...

Jerry Jones Must Take Paternity Test, Judge Rules

Texas judge upholds decision involving suit by woman who says Dallas Cowboys owner is her dad

(Newser) - Father's Day this year might look different for Jerry Jones. A Texas judge on Wednesday nixed an appeal by the owner of the Dallas Cowboys, the most valuable sports franchise in the world, in a 2022 paternity case involving a 27-year-old woman who says Jones, 81, is her biological...

For Years, He Secretly Bought Land. Now, His Plans Emerge

Jan Sramek's billionaire-backed 'California Forever' firm wants to build a city in Solano County

(Newser) - After years of secretly snapping up farmland for a new city northeast of San Francisco, the CEO of a company backed by Silicon Valley billionaires pitched voters Wednesday on his vision for a walkable, affordable community that would appeal to their California pride. Jan Sramek, a former Goldman Sachs trader...

This Gambling Bigwig's Salary Is Really Flush, Critics Say

Think tank slams Bet365 CEO Denise Coates' $280M as not being 'sensible or proportionate'

(Newser) - A billionaire gambling exec added to her bank account substantially last year, in a salary increase that has some pushing back. The BBC reports that Denise Coates, founder and CEO of the online gambling firm Bet365, saw a nearly $9 million paycheck bump in 2023, with her salary jumping to...

L'Oreal Heiress Is First Woman With $100B

Francoise Bettencourt Meyers is the world's richest woman, 12th richest person

(Newser) - Francoise Bettencourt Meyers, heiress to the L'Oreal cosmetics empire and the world's richest woman, is now also the first female to amass a $100 billion fortune. L'Oreal's stock rose 35% this year to hit a record high, which CNN attributes to shoppers "splurging on luxury...

A Twist in Figma's Rise: Adobe Deal Is Called Off

The companies said they doubted they could secure regulatory approval of the deal

(Newser) - "If this deal fell apart tomorrow, I'd feel just fine," said Figma co-founder Dylan Field when Adobe's planned $20 billion acquisition of the company was announced in September. No word on whether that's how he's feeling after the companies called off the deal Monday,...

Hermes Heir, 80, Wants to Adopt 51-Year-Old Ex-Gardener

Laws in Switzerland may stymie Nicolas Puech's new plans for his $11B fortune

(Newser) - Nicolas Puech may be 80, but he has apparently decided that's not too old to adopt a son. The problem is, the "boy" that the Hermes heir would like to welcome into the family fold is his 51-year-old "former gardener and handyman," per Swiss newspaper Tribune ...

12 Richest People Cause More Pollution Than 2M Homes

New Oxfam report points the finger at the 1% for more carbon emissions than poorest 2/3 of world

(Newser) - If you're feeling guilty that you haven't yet bought an EV or installed solar panels on your roof to cut down on your portion of greenhouse gases, you're (somewhat) off the hook—you can blame the 1% for a lot of that pollution. A new Oxfam International...

After 3 Decades, a Big Move for Bezos

Amazon founder is pulling up stakes and relocating from Seattle, where he's lived since 1994, to Miami

(Newser) - Hear "Miami," and thoughts of palm trees, Cuban food, and art deco architecture all come to mind. Now, add Jeff Bezos to that list: The Amazon founder announced this week that he's moving to the South Florida city and ditching Seattle after almost 30 years, reports the...

He's Only the Fourth Athlete Billionaire

Former NBA great Magic Johnson joins the club thanks to savvy investments

(Newser) - Michael Jordan, Tiger Woods, LeBron James, and now Magic Johnson. The former NBA star has joined the exclusive club of athletes-turned-billionaires. Forbes estimates the 64-year-old's net worth to be $1.2 billion, thanks to his ownership stakes in various sports teams and other investments. Johnson has stakes in the...

'Great Economist' Taylor Swift Is Now a Billionaire

Bloomberg says she has 'significant economic power'

(Newser) - When it added Taylor Swift to its list of highest-paid entertainers last year, Forbes said she might have an "even bigger 2023"—but it didn't predict that she'd become a one-woman economic powerhouse. The record-breaking "Eras" tour has helped make the 33-year-old a billionaire, according...

He Made $8B, Quietly Gave Almost All of It Away
He Made $8B,
Quietly Gave
Almost All
of It Away
in case you missed it
Oct 14, 2023 1:15 PM CDT

He Made $8B, Quietly Gave Almost All of It Away

Charles Feeney, who founded Atlantic Philanthropies, Duty Free Shoppers, dies at age 92

(Newser) - Almost seven years ago, Charles Feeney achieved what the New York Times calls a "rarity in the philanthropic world": He managed to fulfill his promise to clear out the coffers of Atlantic Philosophies, the foundations group he founded in the '80s, and give away nearly all of his...

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...

Rush Limbaugh's $155M Estate Is Being Demolished

Cosmetics heir William Lauder, who bought Palm Beach property in March, has begun teardown

(Newser) - What does it feel like to have so much money that you can buy property worth more than $100 million, then knock down the posh home there just because? Ask William Lauder, who apparently serially razes mansions. Via Yahoo Finance , USA Today reports that the cosmetics billionaire, executive chair of...

Reward for the Super Rich: $14M a Day

That's how much the billionaires on Bloomberg's richest list made in the first half of the year

(Newser) - The stock market had a strong first half of the year, with the benchmark S&P rising 16% and the tech-heavy Nasdaq up an even stronger 39%. All of which translates into some hard-to-fathom profits for the richest of the rich. According to Bloomberg , the 500 people on its Billionaires...

Ahead of ProPublica Report, Alito Hits Back

Outlet reveals Supreme Court justice flew for free on billionaire's jet; Alito pens 'WSJ' op-ed about it

(Newser) - Supreme Court Justice Samuel Alito beat ProPublica to the punch Tuesday, publishing an op-ed that responded to questions about possible ethics violations before ProPublica had published its own report. But publish it did . The report describes how hedge fund billionaire Paul Singer, who brought a high-stakes case before the nation'...

Billionaire Offers Surprise Gift to Grads at Commencement

Robert Hale gifts $1K to each UMass Boston student during ceremony, with a heartwarming catch

(Newser) - Students being honored at Thursday's graduation ceremony at UMass Boston not only received their diplomas—there was also an extra-special gift waiting for them, courtesy of commencement speaker Robert Hale, the billionaire CEO of Granite Telecommunications and part owner of the Boston Celtics. CNN reports that as the university'...

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...

Stories 21 - 40 | << Prev   Next >>