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| September 19, 2018

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Billionaire Archives -

SpaceX’s First Moon Tourist Is a Japanese Billionaire

September 18, 2018 |

SpaceX’s first paying passenger will be Japanese billionaire Yusaku Maezawa, who is to blast off from earth in 2023, circle the moon and return, Elon Musk announced. What’s News Asia

Meet the man who’s paying SpaceX to fly him around the moon and back: billionaire Yusaku Maezawa

September 18, 2018 |

Japanese e-commerce billionaire Yusaku Maezawa will be the first paying customer to travel around the moon on SpaceX’s yet-to-be-developed BFR rocket, the company announced Monday night.

In a presentation at SpaceX headquarters, Maezawa — who is worth $ 2.9 billion, according to Forbes — said that…

L.A. Times – Business

Tech Billionaire, Wife to Buy Time for $190M

September 17, 2018 |

Time magazine is about to change hands for the second time in less than a year. In a deal awaiting the approval of regulators, Salesforce founder Marc Benioff and his wife, Lynne, are buying the 95-year-old magazine from Meredith Corporation for $ 190 million, CNBC reports. Meredith—which acquired Time, Inc….

Billionaire Jack Ma prepares for life after Alibaba. He’ll retire Monday, report says

September 8, 2018 |

Jack Ma, China’s richest man, is laying the groundwork for a future away from Alibaba Group Holding Ltd., the company he co-founded and turned into an e-commerce juggernaut.

On Friday, the New York Times reported that Ma said he will retire Monday. That will be his 54th birthday.

In an interview…

L.A. Times – Business

Billionaire Amway Founder Richard DeVos Dead at 92

September 7, 2018 |

Billionaire Richard DeVos, co-founder of direct-selling giant Amway, owner of the Orlando Magic, and father-in-law of Education Secretary Betsy DeVos, died Thursday. He was 92. Family spokesman Nick Wasmiller says DeVos died at his western Michigan home due to complications from an infection, the AP reports. DeVos was born in…

Chinese Billionaire Denies Wrongdoing in Sex Misconduct Arrest, His Lawyers Say

September 3, 2018 | Chief Executive Liu Qiangdong denies any wrongdoing in connection with his arrest on suspicion of sexual misconduct in Minneapolis, and it’s likely no charges will be filed, his attorneys said. US Business

Billionaire Founder of Arrested on Sexual Misconduct Claims

September 2, 2018 |

A Chinese billionaire was arrested in Minneapolis late Friday on suspicion of criminal sexual conduct, the AP reports. Liu Qiangdong, also known as Richard Liu, founder of Beijing-based e-commerce site, was released Saturday. Minneapolis police wouldn’t give details due to the ongoing investigation and told Reuters charges could…

Billionaire Foster Friess defeated in Wyoming gubernatorial race despite last-minute Trump endorsement; Sen. Barrasso trounces wealthy challenger

August 22, 2018 |

Wyoming Secretary of State Mark Gordon won a fiercely contested GOP primary to replace Republican Gov. Matt Mead on Tuesday, prevailing over a billionaire businessman who won the last-minute endorsement of President Trump.
FOX News

Broadcom Billionaire Arrested After Hotel Room Find

August 10, 2018 |

With an estimated fortune of $ 3.1 billion, Broadcom co-founder Henry Nicholas III can afford a good lawyer—and he’s going to need one. The 59-year-old billionaire was arrested in Las Vegas this week along with companion Ashley Fargo on suspicion of trafficking drugs including heroin, cocaine, MDMA, and methamphetamine,…