billionaire

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Gingrich Billionaire Pal's Plan B: Romney

Sheldon Adelson's focus on beating Obama, whoever wins nomination

(Newser) - Billionaire Sheldon Adelson has kept Newt Gingrich's presidential campaign afloat, giving $10 million to a pro-Gingrich super PAC , but the former speaker of the House shouldn't get too comfortable—Adelson says he will give even more generously to Mitt Romney, should Romney win the Republican nomination, reports the...

Zuckerberg Could Be Worth $28B

IPO filing shows that he is Facebook's biggest shareholder

(Newser) - So just how rich will Mark Zuckerberg be after Facebook's IPO? Very, very rich. Today's filing shows that he is the company's biggest shareholder with a 28% stake, reports the Wall Street Journal . If Facebook gets its high-end valuation of $100 billion when the stock debuts this...

This Woman Just Doubled Her Worth ... to $20B

Mining magnate Gina Rinehart climbing the ranks of the rich

(Newser) - Smart Company has been keeping an eye on Australian mining magnate Gina Rinehart, and it predicted last year that she might well end up being the world's richest person someday. If she keeps having weeks like this one, don't count her out. Her wealth doubled from $10 billion...

Russian Heiress, 22, Buys $88M NYC Digs

 22-Year-Old Buys 
 $88M NYC Digs 
IN CASE YOU MISSED IT
Dec 25, 2011 7:00 PM CST

22-Year-Old Buys $88M NYC Digs

Record purchase for pad Ekaterina Rybolovleva will use only when 'visiting'

(Newser) - And you thought Suri Cruise was spoiled . A 22-year-old Russian heiress is treating herself to a Manhattan pad at a whopping cost of $88 million—and she only plans to use it when she's visiting New York. Ekaterina Rybolovleva, daughter of Russian billionaire Dmitry Rybolovlev, is scooping up the...

Hacker Steals $500K From NYC Socialite

Cyber-thief got into her email, impersonated her

(Newser) - A billionaire Manhattan socialite got swindled out of about $550,000 last week after a hacker broke into her email account, reports the New York Post . The online bandit got access to personal information about Candia Fisher, a member of the Fisher Brothers real estate clan, and used it to...

Sean Parker: It's Tough Being in the 1%

Being rich brings new problems, tech billionaire complains

(Newser) - Billionaire tech investor Sean Parker has taken to Twitter to complain about the downside of being rich. “I have a whole new set of problems to deal with now: security, extortion attempts, kidnapping threats, death threats, etc. Life better b4?" the former Facebook president tweeted, offering his thoughts on...

George Soros: Double-Dip Recession Is Here

Rejection of stimulus a big mistake: investor

(Newser) - Worry no longer about an impending double-dip recession—it’s already here, says George Soros. “I think we are in it already,” the billionaire investor told CNBC , citing Republicans’ rejection of fiscal stimulus as a key problem. “We have a slowdown and basically a conflict about whether...

Tycoon Carlos Slim Loses $8B in Week

But he still has $63B left for comfort

(Newser) - From the everything's-relative department: The world's richest man has lost about $8 billion in this week's market mess, reports Bloomberg . The fortune of Mexico's Carlos Slim is now worth about $63 billion in US dollars, down 11% from the end of July. Mexico's stock market...

Billy the Kid Photo Sells for $2.3M

Bidding goes crazy over Old West outlaw

(Newser) - Get out your auction paddles and ... draw! The only known surviving photo of notorious outlaw Billy the Kid has sold for a whopping $2.3 million, nearly six times the predicted sales price, notes ABC News . The scratched 1880 tintype shows the Kid with a lazy devil-may-care sneer on his...

Carlos Slim Tops Billionaires List

Mexican tycoon world's richest man with $74 billion

(Newser) - Mexican telecoms tycoon Carlos Slim is the richest person in the world for the second year running, according to Forbes' latest list of billionaires . The 71-year-old Slim, now worth an estimated $74 billion, widened the gap with No. 2 Bill Gates thanks to some canny business moves last year, including...

Bill Gates Even Gave Away Richest-Guy Title

'Forbes' list wouldn't be a contest if he hadn't discovered philanthropy

(Newser) - Forbes will unveil its 2011 billionaires list tomorrow, and Bill Gates will certainly make an appearance, reports Reuters . But it turns out the longtime richest guy in the world fell to No. 2 last year not because of Microsoft's waning fortunes, but because he literally gave away the title. "...

Patricia Kluge: Downfall of a Billionaire Socialite

She overspent on an extravagant winery that tanked and lost it all

(Newser) - Patricia Kluge was a wealthy socialite with an exotic past, recipient of gifts from royalty and a rumored $1 billion divorce settlement. Now she’s living in a paltry 6,000 square feet, having auctioned off many of her luxuries before the banks foreclosed on her 960-acre winery and seized...

Soros: I'm Done Donating to Democrats

Says last 3 elections were 'exceptions,' sees GOP 'avalanche'

(Newser) - Like many Democratic über-donors, liberal billionaire George Soros is sitting this election out, but says throwing money at elections is something he didn’t like to do in the first place. “I made an exception getting involved in 2004,” Soros tells the New York Times . “...

Zuckerberg Now Richer Than Steve Jobs

Facebook founder leapfrogs Apple chief on list of billionaires

(Newser) - Bill Gates is still the richest man in America but Mark Zuckerburg is moving up in the rankings, according to the latest Forbes rich list. The 26-year-old Facebook founder, with an estimated fortune of $6.9 billion, is now in 35th place, surging ahead of Apple's Steve Jobs, who came...

34 US Billionaires Pledge Half Their Money to Charity

Michael Bloomberg, Barry Diller, Larry Ellison among them

(Newser) - Bill Gates and Warren Buffett have convinced 34 more billionaires to sign onto their “Giving Pledge” initiative , promising to give away at least half their money to charity. The list includes the likes of Michael Bloomberg, Ted Turner, Barry Diller, Larry Ellison, and T. Boone Pickens, Reuters reports. “...

Paul Allen Will Give Away Billions
Paul Allen Will
Give Away
Billions
Jul 16, 2010 6:50 AM CDT

Paul Allen Will Give Away Billions

Microsoft co-founder commits most of his fortune to philanthropy

(Newser) - Looks as though Bill Gates' billionaire challenge is paying off: Microsoft co-founder Paul Allen has pledged to give away most of his $13 billion fortune. He made the vow public a month after Bill and Melinda Gates and Warren Buffett urged the world's richest to give away at least half...

US Billionaire Is First to Leave Heirs a Tax-Free Estate

For the wealthy, year-long exemption makes 2010 a good year to die

(Newser) - Texas pipeline tycoon Dan Duncan couldn't have died at a worse time for the taxman—and the best time for his heirs' bank accounts. The philanthropist has become the first billionaire in American history to leave behind an estate untouched by taxes, thanks to a 1-year exemption in the estate...

Meet the World's Richest Moms
 Meet the World's Richest Moms 
May 9, 2010 5:15 AM CDT

Meet the World's Richest Moms

There are 70 billionaire moms in the world

(Newser) - We hear a lot about Angelina , but she isn't the only mom making serious bank. According to Forbes ' count, there are 70 billionaire mothers in the world (compared to 555 dads). Some of them—think Mars and Heineken—are old names. Others, are relative newcomers. Here are some of...

Billionaire Jeff Greene to Run for Senate

So what if Mike Tyson was his best man, and Heidi Fleiss his galpal

(Newser) - Billionaire investor Jeff Greene launched what promises to be a rather colorful campaign for Florida's Democratic Senate nomination today, depicting himself as an outsider who isn't beholden to anyone. “I won’t take a penny of special interest money in this campaign or after I am elected—never!”...

Carlos Slim Overtakes Bill Gates as World's Richest
Carlos Slim Overtakes Bill Gates as World's Richest
NET WORTH: $53.5B
Mar 11, 2010 8:11 AM CST

Carlos Slim Overtakes Bill Gates as World's Richest

Mexican businessman's net worth is $53.5B, Forbes estimates

(Newser) - Mexican businessman Carlos Slim has overtake Bill Gates to become the world’s richest person, with Forbes’ annual estimate giving him a net worth of $53.5 billion—a hair more (well, to them) than the Microsoft founder’s $53 billion even. Investor Warren Buffet ($47 billion) is third, followed...

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