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    Home » Recipes » Candy

    Chocolate Billionaires

    By Chula King · December 7, 2021 · Updated December 2, 2022

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    Chocolate Billionaires are full of crispy, crunchy, caramel goodness covered with a rich chocolate coating. One taste, and you’ll agree that the name is appropriate!

    Chocolate Billionaires
    Jump to:
    • Why You Should Make This Delicious Recipe
    • Ingredients
    • Making the Chocolate Billionaires
    • Frequently Asked Questions
    • Other Edible Holiday Gifts
    • Watch my Story on Making Chocolate Billionaires
    • Recipe

    Why You Should Make This Delicious Recipe

    Some years ago, I came across a recipe for chocolate billionaires. From what I remember, it was in a pamphlet. The recipe looked good and easy, so I tried it. That was the first of many times I’ve made chocolate billionaires for the holidays.

    Through the years, many people have told me that chocolate billionaires are a favorite candy. Who wouldn’t go crazy over crispy, crunchy caramel goodness covered in chocolate? I typically close my eyes to savor the first bite!

    In addition to being a favorite, chocolate billionaires are very easy to make.

    You should give them a try!

    Ingredients

    Only five ingredients are used to make these extraordinary confections.

    Ingredients for chocolate billionaires.
    • The Caramel: Store-bought caramel bits lightly thinned by some water form the basis of the chocolate billionaires.
    • The Crunch: Rice Krispies and toasted pecan pieces provide the crunch for this awesome candy.
    • The Chocolate Coating: I like to use Ghirardelli dark chocolate melting wafers for the chocolate coating. It tastes great and forms a sturdy coating for the candy.

    Making the Chocolate Billionaires

    Chocolate Billionaires are one of the easiest candies you can think of to make.

    1. First, I added the caramel bits and water to a heavy saucepan over medium-low heat.
    Adding water to caramel bits in large saucepan.
    1. Next, I occasionally stirred the caramel bits and water with a wooden spoon until the bits were melted. This took about 12 minutes.
    Melted Caramel bits with water.
    1. Once the caramel bits were fully melted, I added the toasted pecans and Rice Krispies. I stirred the mixture together until everything was fully incorporated.
    Billionaire candy mixture.
    1. Then, I used a 2-teaspoon ice cream scoop to portion the candy onto parchment-lined baking sheets.

    Because the candy was quite sticky at this point, I would have had a sticky mess without the parchment paper. I could also have used a well-buttered piece of wax paper.

    Scooping candy onto parchment paper.
    1. With the ice cream scoop, I ended up with rounded pieces of candy. I prefer a less round candy. Therefore, after it had cooled a bit, I flattened each piece of candy with my hand.
    Candy ready to dip in chocolate.
    1. Next comes the time-consuming part of making the Chocolate Billionaires – dipping each piece of candy in the chocolate coating. I started by melting the chocolate melting wafers in a double boiler.
    Melted Chocolate in double boiler.
    1. I’ve tried different techniques for actually dipping the candy. However, I keep returning to using a toothpick to hold the candy while dipping and another toothpick to remove the coated piece of candy from the first toothpick.
    Dipping candy in Chocolate.

    Is the effort worth it? Absolutely! I usually end up with between 3 and 4 dozen incredibly delicious little morsels.

    Chocolate Billionaires Drying

    Chocolate billionaires are one of my most requested holiday treats. They will surely become one of your most requested holiday treats as well. Yum!

    Chocolate Billionaires.

    Frequently Asked Questions

    How long will the Chocolate Billionaires keep?

    The Chocolate Billionaires will keep for several weeks if stored in an airtight container.

    Is it necessary to refrigerate the Chocolate Billionaires?

    Refrigeration is unnecessary if you use a candy coating like Ghirardelli dark chocolate melting wafers. The candy coating hardens nicely out of the refrigerator.

    Is it really necessary to toast the pecan pieces?

    I’ve found through the years that the taste of whatever I make, including pecans, is greatly enhanced if the pecans are toasted. It doesn’t take long to toast the pecans, and the resultant candy is an order of magnitude better with the toasting.

    Can the chocolate melting wafers be melted in the microwave instead of a double boiler?

    You can certainly melt the melting wafers in the microwave according to the package directions. However, I like to use a double boiler because it keeps the chocolate nicely melted while dipping the candy.

    Other Edible Holiday Gifts

    If you’re looking for other edible holiday gifts, try the following:

    • Chocolate Covered Cookie Dough Bites
      Chocolate-Covered Cookie Dough Bites
    • Peanut Butter Balls.
      Peanut Butter Balls
    • Toasted Pecan Snowball Cookies
      Toasted Pecan Snowball Cookies
    • Christmas Swirled Peppermint Bark
    • Chocolate Pecan Toffee Clusters
      Chocolate Pecan Toffee Clusters
    • Chocolate Christmas Mice
      Chocolate Christmas Mice
    • White Chocolate Holiday Bark
      5-Minute White Chocolate Holiday Bark
    • Old-Fashioned Peanut Brittle - The perfect gift for the holidays.
      Old-Fashioned Peanut Brittle

    Watch my Story on Making Chocolate Billionaires

    Chocolate Billionaires

    I hope you liked this recipe for Chocolate Billionaires much as I do. If so, please consider rating it and leaving a comment. Also, if you’d like to receive notifications of new posts by email, enter your email address in the Subscribe box.

    Thank you so much for visiting Pudge Factor. I hope you’ll come back!

    Recipe

    Chocolate Billionaires

    Chocolate Billionaires are full of crispy, crunchy caramel goodness enveloped in a chocolate coating. One taste, and you will agree that the name is totally appropriate!
    5 from 6 votes
    Print Pin
    Course: Candy, Chrismas
    Cuisine: American
    Prep Time: 25 minutes
    Cook Time: 5 minutes
    Total Time: 30 minutes
    Servings: 42 Chocolate Billionaires
    Calories: 130kcal
    Author: Chula King

    Ingredients

    • 11 ounce package caramel bits (See Tip 1)
    • 1 Tablespoon water
    • 1 ½ cups chopped pecans, toasted (See Tip 2)
    • 1 cup Rice Krispies
    • 2 cups dark chocolate melting wafers (See Tip 3)

    Instructions

    • Line two large baking sheets with parchment paper or well-greased wax paper. Set aside. (See Tip 4)
    • In a large, heavy saucepan, combine the caramel bits and water; cook and stir over medium-low heat until smooth, about 12 minutes. Add toasted pecans and Rice Krispies; stir until well coated. Drop by teaspoonfuls onto prepared pans.
    • Meanwhile, melt the chocolate candy coating in a double boiler over simmering water, ensuring that the bottom of the pan with chocolate does not touch the water. Be careful not to boil the water. Dip each piece of candy into the chocolate, coating all sides. Place on prepared pans. When fully set, store in an airtight container. Yield: 3 to 4 dozen, depending on the size of each piece.

    Chula’s Expert Tips

    1. May also use store-bought caramels that have been unwrapped.
    2. To toast the pecan pieces, place in preheated 350°F oven for 8 to 9 minutes. Watch carefully to avoid over-toasting.
    3. I like to use Ghirardelli dark chocolate melting wafers, but you could also use 3 cups of semi-sweet chocolate chips carefully melted with 1½ teaspoons of Crisco in place of the chocolate candy coating. However, if you heat the chocolate chips too much, they will not harden.
    4. The candy is quite sticky. Therefore, it’s important to use either parchment paper or well-greased wax paper. Otherwise, you’ll have a sticky mess.

    Nutrition

    Calories: 130kcal | Carbohydrates: 17g | Protein: 1g | Fat: 6g | Saturated Fat: 2g | Cholesterol: 2mg | Sodium: 35mg | Potassium: 36mg | Sugar: 14g | Vitamin A: 80IU | Vitamin C: 0.6mg | Calcium: 31mg | Iron: 0.5mg
    Tried this recipe?Please leave a comment below and/or give this recipe a rating. On Instagram? Take a picture and tag @pudgefactor or #pudgefactor.

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    Filed Under: Candy, Christmas, Edible Gifts

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