Billionaire Yuri Milner renounces Russian citizenship

Israeli-Russian billionaire Yuri Milner said on Monday he has renounced his Russian citizenship after leaving the country in 2014. He made his decision known on Twitter yesterday citing that he left Russia in 2014 after the annexation of Crimea. Milner…

Tyler Perry is America’s newest billionaire

Tyler Perry built a billion-dollar fortune writing, producing, and starring in films, television shows, and plays for Black audiences overlooked by mainstream Hollywood. Tyler Perry is America’s newest billionaire, according to Forbes. Forbes attributed Perry’s financial success to the fact…

Kanye West is now officially a Billionaire (and he really wants the world to know)

After months of requests, the hip-hop superstar shared financial records, revealing details about his wildly popular Yeezy sneaker empire — and his fixation on outside validation. When last we checked in with Kanye West, the mercurial hip-hop superstar-turned-footwear magnate, I…

Jay-Z Is Officially a Billionaire

Jay-Z is the first hip-hop artist to become a billionaire, according to the new cover story in Forbes. The article opens by recalling a 2010 meeting between the rapper and billionaire Warren Buffet, from which the octogenarian came away impressed. “Jay…

Billionaires club: The current owners of MTN who need to sell for you to buy

If you are one of those very active social media enthusiasts on WhatsApp, Twitter or Facebook, then you must have come across the image below. List of shareholders in MTN as at May 2019. Shareholders in MTN as at May…

Forbes names Kylie Jenner world’s youngest billionaire

Kylie Jenner is officially the youngest self-made billionaire of all time, snatching the title from Facebook founder Mark Zuckerberg. Jenner, 21, was finally given the title after months of speculation on Tuesday by Forbes as it unveiled its annual billionaires…

Billionaires are storing hundreds of millions of dollars’ worth of art on superyachts

People who own yachts have lots of things to worry about. Is a yacht a good financial investment? (Usually not.) Will a group of class-warfare-waging rascals untie the boat from its dock, causing thousands of dollars in damage? (If you’re Betsy…