billionaire
Warren Buffett to Donate $149 Billion in Berkshire Stock as He Steps Down as CEO
Nov 11, 2025 05:39 pm CST
Billionaire Warren Buffett announces retirement as Berkshire Hathaway CEO while pledging to donate his remaining $149 billion in company stock to charitable foundations. The 94-year-old investment legend will be succeeded by Gregory Abel after year-end, maintaining optimism about the company's future while expressing concerns about currency devaluation and trade policies.
Revealed: How Jeffrey Epstein Extracted $150 Million from Billionaire Leon Black Through Aggressive Demands
Oct 19, 2025 01:34 pm CST
Newly uncovered emails reveal Jeffrey Epstein's aggressive financial demands to billionaire Leon Black, extracting over $150 million despite being a convicted sex offender. The correspondence shows Epstein's manipulative tactics, including insults and threats, to maintain payments from the Apollo Global Management founder until Epstein's 2019 arrest.
Billionaire Real Estate Tycoon Donald Bren Disowns Son Over Alleged $2 Million Luxury Club Fraud
Oct 07, 2025 03:11 pm CST
Donald Bren, America's richest real estate magnate worth $19 billion, has cut ties with his son David Bren following allegations that the 33-year-old defrauded investors of over $2 million through a fictional luxury club called 'The Bunker.' Promising exclusive access to supercars and fine dining, the venture has resulted in multiple lawsuits and tragic consequences for some investors, including one apparent suicide.
Elon Musk Reaches Historic $500 Billion Net Worth: The Path to Becoming World's First Trillionaire
Oct 02, 2025 10:36 am CST
Elon Musk has made history by becoming the first person to achieve a net worth of $500 billion, primarily driven by Tesla's strong stock performance and significant valuations of SpaceX and xAI. With a proposed $1 trillion compensation package and continued growth across his companies, Musk could potentially become the world's first trillionaire by 2033.
Larry Ellison Pledges 95% of His $350 Billion Fortune to Philanthropy: Inside the Oracle Co-Founder's Giving Journey
Sep 26, 2025 01:36 pm CST
Oracle co-founder Larry Ellison, currently the world's second-richest person with a $350 billion fortune, has committed to donating 95% of his wealth through the Giving Pledge. His philanthropic efforts include establishing the Ellison Institute of Technology in partnership with Oxford University and making significant donations to medical research, though his philanthropic journey has faced some implementation challenges.