A billionaire raped a teenager inside Jeffrey Epstein’s mansion in New York City, according to a new lawsuit. Leon Black, the billionaire, raped the girl when she was just 16 inside Mr. Epstein’s residence on the Upper East Side, the civil suit alleges. The girl, whose name has not been made public and is using […]
ANCHORAGE, Alaska—The family of a Czech billionaire who died in a heli-skiing crash in Alaska in 2021 says in a lawsuit that he survived the impact but succumbed to his injuries in the hours between the crash and when rescue personnel arrived. The lawsuit, filed in Alaska state court recently on behalf of the family […]
Private equity pioneer Thomas H. Lee died on Feb. 23. at the age of 78. The cause of death, according to the chief medical examiner was suicide by firearm. The New York City office of the chief medical examiner confirmed on Feb. 24, that Lee died as a result of a self-inflicted gunshot wound to […]
Hedge fund billionaire Ken Griffin is suing the IRS, saying it leaked his tax returns. The tax returns are for America’s 25 richest people. griffin is one of them. The others include the likes of Warren Buffett and Elon Musk.
Twitter owner and Tesla boss Elon Musk briefly lost his title as the world’s richest person on Wednesday, according to Forbes, following a steep drop in the value of his stake in the electric-car maker and a $44 billion bet on the social media firm. Bernard Arnault, the chief executive of luxury brand Louis Vuitton’s […]
Kanye West has dropped off the Forbes list of billionaires after Adidas cut ties with the businessman rapper over comments he made on social media that have been called offensive and antisemitic. West, whose legal name is Ye, had an estimated net worth approaching $2 billion before Adidas announced in a press release it was […]
MINNEAPOLIS—Chinese billionaire and JD.com founder Richard Liu agreed to settle a lawsuit filed by a former University of Minnesota student who alleged he raped her in her Minneapolis apartment after a night of dinner and drinks with wealthy Chinese executives in 2018, attorneys for both sides announced late Saturday. A settlement amount was not disclosed. […]
One of the richest Taiwanese businessmen is offering over $30 million to develop the island’s civil defense programs. He also gave up his foreign citizenship and resumed his Taiwanese passport. He said a dislike of the Chinese Communist Party is driving him.
Tiger Woods has joined Michael Jordan and LeBron James in a select group of elite athletes with a net worth of at least $1 billion, business magazine Forbes reported. The 15-times major winner, who returned to competition at the Masters in April 14 months after nearly losing his right leg in a car crash, has […]
LeBron James has become a billionaire, marking the first time a player still active in the NBA has achieved such a status, according to a recently published list by Forbes. The 18-time NBA all-star and two-time Olympic gold medalist has an estimated fortune of $1.2 billion in pretax earnings, Forbes reports, making him the first active NBA player to make the […]
LONDON—A British court on Tuesday ordered the ruler of Dubai to pay his ex-wife and their children close to 550 million pounds ($730 million), in one of the most expensive divorce settlements in British history. The High Court said Sheikh Mohammed bin Rashid Al Maktoum must pay 251.5 million pounds to his sixth wife, Princess […]
NEW YORK—Hedge fund billionaire and philanthropist Michael Steinhardt has surrendered $70 million of stolen antiquities and accepted a first-of-its-kind lifetime ban on acquiring antiquities to resolve a criminal probe, Manhattan District Attorney Cy Vance said on Monday. Vance said his probe, begun in February 2017, found “compelling evidence” that the 180 antiquities were stolen from […]
Yusaku Maezawa, a Japanese billionaire, will strap into a Russian-built Soyuz capsule and rocket into outer space early Wednesday morning, kicking off the first self-funded tourism mission to the International Space Station (ISS) in a decade. The capsule will ride into orbit atop a Soyuz rocket after launching from Russia’s Cosmodrome in Kazakhstan at 2:38 […]
Pop star Rihanna’s net worth is estimated at $1.7 billion, making her the richest woman musician in the world, but her music is not the primary source of her wealth, Forbes magazine said on Wednesday. The Barbados-born singer, whose birth name is Robyn Fenty, derives an estimated $1.4 billion of her fortune from her 50 […]
A prominent Chinese billionaire was sentenced on Wednesday to 18 years in prison. He’s also known for being critical of the Chinese regime. This comes as Beijing is clamping down on private enterprises and limiting their influence.
Jeff Bezos became the second billionaire to successfully reach outer space this month when his Blue Origin New Shepard spacecraft exited the atmosphere Tuesday, the latest development in the ongoing space race between Bezos, SpaceX’s Elon Musk, and Virgin Galactic’s Richard Branson. Branson was the first billionaire in space last week when he and several […]
Decades after burnishing his reputation as a wealthy daredevil mogul in a series of boating and hot-air balloon expeditions, Richard Branson is poised to promote his burgeoning astro-tourism venture by launching himself to the final frontier. Branson’s Virgin Galactic Holding Inc is due on Sunday to send the company’s passenger rocket plane, the VSS Unity, […]
BERLIN—A German court on Friday officially declared billionaire Karl-Erivan Haub dead, more than three years after the head of retail group Tengelmann went missing in the Swiss Alps. Haub, who was 58, was training for a ski mountaineering race when he disappeared under Switzerland’s famous Matterhorn peak, located on the southern border with Italy. He […]
