John Hyatt

@johnhyatt.bsky.social

Staff Writer at Forbes Magazine covering finance, investments, and billionaires

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

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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

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

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/

Screenshot of ProPublica webpage titled “Explore Financial Disclosures From President Trump and 1,500 of His Appointees,” accompanied by this blurb: “Use this database to explore potential conflicts of interest for President Donald Trump and his team. The documents disclose positions officials have held outside government, their assets and their debts, among other things.” A search bar prompts the user to search for a person or financial holding.

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

"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 · 6mo 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...

1/ @mhunterhart.bsky.social and I found several contracts and payment records that uncovered two new billionaire clients of Jeffrey Epstein: real estate mogul Mortimer Zuckerman and Ariane de Rothschild, a Rothschild heir by marriage. www.forbes.com/sites/giacom...

New Details On How Jeffrey Epstein Got So Rich

The latest Epstein files name two more billionaire clients: real estate mogul Mortimer Zuckerman and Rothschild heir by marriage Ariane de Rothschild.

forbes.com