NEW: How Vivek Ramaswamy's Well-Timed Ohio Move Likely Saved Him $12 Million In Taxes. The billionaire gubernatorial candidate says lower taxes will make founders flock to Ohio. Ramaswamy is one politician who puts his money where his mouth is. www.forbes.com/sites/johnhy...

Ramaswamy’s Ohio Homecoming Likely Shaved Eight Figures Off His Tax Bill

The billionaire gubernatorial candidate says lower taxes will make founders flock to Ohio. Ramaswamy is one politician who puts his money where his mouth is.

forbes.com

Other than getting married/having kids, Sept. 11 probably changed my life more than anything. Re-read this piece last night that we did. It still haunts me. Bravery and decency even if the face of utter terror. It is possible. (Free link. ) www.nytimes.com/2002/05/26/n...

Fighting to Live as the Towers Died (Published 2002)

The last words of the men and women who were trapped on the high floors of the twin towers.

nytimes.com

How Commerce Secretary Howard Lutnick Went From 9/11 Hero To 'Most Hated Guy On Wall Street’ www.forbes.com/sites/sarado...

Howard Lutnick Has Doubled His Net Worth To Over $7B As Commerce Secretary

Lutnick is worth an estimated $7.3 billion.

forbes.com

NEW: Inside the making of Wall Street's hottest tax-avoidance investment strategy, and the little-known accounting PhD who has ridden his success to the billionaire club. www.forbes.com/sites/johnhy...

How This Hedge Fund Billionaire Kickstarted Wall Street's Newest Tax Dodge

After helping AQR pioneer a novel tax-avoidance strategy, Hoon Kim left to found Quantinno. Its assets have exploded from $2 billion to $70 billion in just three years.

forbes.com

Only in Utah: These two ex-Mormon ecommerce billionaires left their spouses after cofounding a company together, then married each other and are now worth over $2 billion. And now two of their kids (from their previous marriages) have themselves gotten married. www.forbes.com/sites/alicia...

How A Side Hustle Led To A Second Marriage And $2 Billion Fortune

Once two cofounders reselling fridge magnets online ten years ago, David Wright and Melanie Alder have become Utah’s newest billionaire couple.

forbes.com

Nosebleed tickets for Game 3 Knicks-Spurs at the Garden available for a reasonable $11k a pop

Today, our members distributed fliers outside the Forbes Iconoclast summit to let management know we deserve a fair contract. Four years into bargaining, Forbes is still proposing wages that do not keep up with inflation. Solidarity, Forbes Union

This is... Wow.

Kyle Khan-Mullins@kylekhanmullins.bsky.social · 5mo ago

NEW from me for @forbes.com: I wrote about the corporate-sponsored "Great American Road Trip" Sean Duffy and his family got, ethics rules and how taxpayers did pay for at least a portion: www.forbes.com/sites/kylemu...

Trump: Americans’ Finances Are Not a Factor in Iran Negotiations www.wsj.com/video/trump-...

Trump: Americans’ Finances Are Not a Factor in Iran Negotiations

Asked by a reporter to what extent he was motivated by Americans’ financial situation to make a deal with Iran to end the war, President Trump replied: 'not even a little bit.'

wsj.com

Any time a PR is yelling on social media about a story it’s probably because they’re getting yelled at themselves. That or they’re *true believers*, which is even sadder

Marisa Kabas@marisakabas.bsky.social · 5mo ago

the head of meta comms is threading on bluesky because he's mad about a NYT opinion piece

Now all we need is someone to go through and manually count every Jeff to make sure it’s word for word the same # as Infinite Jest

John Moe@johnmoe.bsky.social · 5mo ago

Yeah, there really is a book for sale on Amazon called Infinite Jeffs, where they replaced all the words of Infinite Jest with the word "Jeff". It's 25 bucks. www.amazon.com/Infinite-Jef...

If they take away my lexapro I’m going to (literally) lose it

Matt Novak@paleofuture.bsky.social · 5mo ago

Kennedy's health officials explored US ban of some widely used antidepressants

It's really sad that people are blowing their life savings on mobile gambling games designed to be addictive that don't even offer real payouts. This is important reporting. www.bloomberg.com/features/202...

The $11 Billion Casino-Style Economy Built on Players Who Can Never Cash Out

Apple and Google are raking in money from social casinos that replace real winnings with virtual coins and dopamine hits. Some players have spent more than $1 million to keep playing.

bloomberg.com

My latest for Forbes charts the rise of MAGA megadonor Robert Low, owner of Kentucky Derby favorite Renegade, who built a $5 billion trucking fortune after stabbing his friend with a hunting knife and getting off on a temporary insanity plea (too many cough drops). 👇 www.forbes.com/sites/johnhy...

Meet The Wily Billionaire Trucking Boss Behind Kentucky Derby Favorite Renegade

The inside story of how Missouri farm boy Robert Low dropped out of college, survived a criminal assault trial thanks to temporary insanity, and went on to build one of the nation’s biggest trucking e...

forbes.com

My latest for Forbes charts the rise of MAGA megadonor Robert Low, owner of Kentucky Derby favorite Renegade, who built a $5 billion trucking fortune after stabbing his friend with a hunting knife and getting off on a temporary insanity plea (too many cough drops). 👇 www.forbes.com/sites/johnhy...

Meet The Wily Billionaire Trucking Boss Behind Kentucky Derby Favorite Renegade

The inside story of how Missouri farm boy Robert Low dropped out of college, survived a criminal assault trial thanks to temporary insanity, and went on to build one of the nation’s biggest trucking e...

forbes.com

🤯

kevinosx@kevinosx.bsky.social · 5mo ago

My wife asks me why I get up so early but it's because there's only a small window where I can get a photo like this 😅 #photography #birdphotography #birds #nature

This is wild. One of the world’s richest men has saved ~$1 billion in taxes over decades—just by plowing his dividend income into real estate.

Giacomo Tognini@giacomotognini.bsky.social · 6mo ago

1/ Zara founder Amancio Ortega's owns the world's largest real estate fortune, a $25 billion empire from California to Korea with everything from offices to wind farms. It also comes with significant tax benefits. Gigi Zamora and I dug into it for @forbes.com: forbes.com/sites/giacom...

Does AI threaten your 401k? Legendary advisor Bill Bengen thinks it might. He's cut his tech exposure to zero on the uncertainty. After years of dominance, software and mega-cap valuations are straining under AI. That poses a risk to savers everywhere. Read more @forbes.com 👇

Tech Stocks Powered Retirement Portfolios For Years. Now AI Is Crashing The Party

Most retirement funds have long reaped the benefits of tech dominated stock indexes driving compounded annual returns. Now the AI boom is upending software valuations, straining Big Tech’s spending mo...

forbes.com

While he was flying around the world as Trump's peace envoy, Steve Witkoff got $300 million richer over the past year--largely thanks to his crypto venture with the Trump family (World Liberty) and his tiny, but valuable, stake in SpaceX. Read at @forbes.com: www.forbes.com/sites/giacom...

Peace Envoy Steve Witkoff’s Fortune Gets Bump From Trump And Musk

The real estate mogul-turned-diplomat is 15% richer than he was a year ago thanks to his crypto venture with the Trump family and his stake in Musk’s SpaceX.

forbes.com

The AI giant's abrupt Sora shutdown is just one example. As it announces one of the biggest funding rounds in history, #OpenAI has trumpeted hundreds of billions in other deals + products that haven’t yet become reality. With @rashis.bsky.social for @forbes.com: www.forbes.com/sites/phoebe...

The Graveyard Of OpenAI’s Dead Products And Incomplete Deals

As it announces one of the biggest funding rounds in history, OpenAI has trumpeted hundreds of billions in other deals and products—including Sora—that haven’t yet become reality.

forbes.com

So much for the cage fight

Hadas Gold@hadasgold.bsky.social · 6mo ago

Some new exhibits just dropped in Musk v Altman trial including these texts with Mark Zuckerberg and Musk

New for @forbes.com: The richest people in private equity including Trump pal Stephen Schwarzman and former Epstein client Leon Black have lost ~$40B amid private credit and AI fears battering their stocks. Full story here: www.forbes.com/sites/johnhy...

Why Wall Street’s 'Masters Of The Universe’ Are Losing Billions In Private Markets Pullback

After decades of compounding their personal fortunes, America’s richest dealmakers are finally seeing their net worths fall—albeit from extraordinary heights.

forbes.com

THREAD: We just released a tool that allows you to search billions of dollars in wealth, ties to the most powerful companies in the country, and details of the personal finances of President Trump and over 1,500 of his appointees. Here’s how it works 1/

Private equity billionaire Marc Rowan (cofounder of Apollo with Epstein friend Leon Black) says that Epstein is "wasting my time from the grave." Shareholders sued Apollo, Black & Rowan on Monday for ‌allegedly defrauding by concealing Epstein interactions. www.bloomberg.com/news/article...

Apollo’s Rowan Says Epstein ‘Wasting My Time’ From the Grave

Apollo Global Management Inc. Chief Executive Officer Marc Rowan said he only dealt with Jeffrey Epstein in his capacity as tax adviser for the firm’s co-founder Leon Black, and reiterated that Apollo...

bloomberg.com

NEW: How rich was Mexican druglord 'El Mencho'? What happens to his multi-billion-dollar criminal enterprise now that he's dead? And where will his personal fortune go? My latest for @forbes.com seeks to answer these questions👇 www.forbes.com/sites/johnhy...

How Rich Was Mexican Cartel Leader El Mencho?

Through drug trafficking, extortion and human smuggling, El Mencho built a $50 billion criminal enterprise. Here’s what is likely to happen to his fortune.

forbes.com

“How Jared Kushner’s Bold Bets In The Middle East Made Him A Billionaire” @mhunterhart.bsky.social , @giacomotognini.bsky.social for Forbes in Sept.

Jared Kushner Is Now A Billionaire

Thanks to some good investments, new funding from his Middle Eastern backers and higher home values in south Florida, Ivanka Trump’s husband has joined his brother and his father-in-law in the three-c...

forbes.com

Aaron Rupar@atrupar.com · 8mo ago

Jared Kushner at the "Board of Peace" -- "People are not personally profiting from this"

The Dubai tycoon who told Epstein he “loved the torture video" has resigned from his company. www.forbes.com/sites/mikest...

Sultan Ahmed Bin Sulayem—”Close Personal Friend” Of Epstein— Resigns As CEO Of DP World

Billionaire Sultan Ahmed bin Sulayem resigns as DP World CEO after being named in Epstein files.

forbes.com

This is really, really dark. www.wsj.com/world/middle...

Israeli Soldiers Accused of Using Polymarket to Bet on Strikes

The country’s internal security agency indicted a reservist and a civilian for security offenses, bribery and obstruction of justice in connection with the bets.

wsj.com

NEW: Epstein emails show how billionaire financier Leon Black, founder of Apollo, relied on the convicted sex offender to help him leverage his multi-billion-dollar art for $500m+ in loans from Bank of America. www.forbes.com/sites/johnhy...

How Picasso, Van Gogh And Cézanne Helped Finance Epstein Client Leon Black’s Billionaire Lifestyle

The Epstein files detail private equity tycoon Leon Black’s massive, multi-billion-dollar art collection—and how he leveraged it to grow his wealth.

forbes.com

"Black paid Epstein $158 million between 2012 and 2017 for advice related to tax, estate, and asset planning. That is a vast amount of money to pay for such services, especially for a Wall Street insider with easy access to top expertise."

John Hyatt@johnhyatt.bsky.social · 8mo ago

NEW: Epstein emails show how billionaire financier Leon Black, founder of Apollo, relied on the convicted sex offender to help him leverage his multi-billion-dollar art for $500m+ in loans from Bank of America. www.forbes.com/sites/johnhy...