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Forbes Talks

Forbes Talks

105 episodes — Page 2 of 3

DOJ Probing NFL For Alleged Anticompetitive Practices

Apr 12, 20263 min

Delta Raises Fees For Checked Bags As Iran War Spikes Jet Fuel Prices

Apr 11, 20263 min

CoreWeave Announces Deal With Anthropic

Apr 10, 20264 min

Meta Launches Muse Spark AI–Its AI Bid Against OpenAI, Google

Apr 10, 20263 min

Trump Mulls Pulling U.S. Troops Out Of NATO Countries Opposing Iran War

Apr 9, 20263 min

Fans Blast ‘Pokémon Champions’ Game—As Nintendo Wipes ‘Pokopia’ Stock Gains

Apr 9, 20263 min

Why The Promised World Cup Economic Boon ‘Isn’t Materializing’

Apr 8, 20263 min

Billionaire Bill Ackman’s Offers To Purchase Universal Music Group

Apr 8, 20263 min

Environmental Disaster Is Looming Thanks To So-Called Renewable Energy Sources

Apr 7, 20265 min

Iran Rejects Trump’s Ceasefire Proposal As Deadline Nears

Apr 7, 20262 min

5 Critical Tasks You Should Never Give To AI

Apr 6, 20264 min

How Your Small Business Can Use AI To Compete With Industry Giants

Apr 6, 20265 min

Donald Trump Is Worth Over $6 Billion

Apr 6, 20267 min

Warning To Trump: Pass These Three Critical Tests Or US National Security Will Be Gravely Imperiled

Apr 5, 20265 min

Inside the Business of Usher’s $1M Detroit Innovation Hub

Apr 5, 202611 min

Adam Smith's 'Wealth Of Nations' Turns 250 And Our Leaders Must Heed Its Brilliant Economic Lessons

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Follow Steve Forbes: What's Ahead Steve Forbes celebrates the 250th anniversary of Adam Smith’s “The Wealth of Nations” and encourages today’s leaders to heed its timeless principles of prosperity, low taxes, free trade, stable money anchored by gold. Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 4, 20266 min

The Top 10 Richest People In The World | April 2026

Follow Forbes Talks Who are the top 10 richest people in the world? 1. Elon Musk 2. Larry Page 3. Jeff Bezos (up from No. 4) 4. Sergey Brin (down from No. 3) 5. Mark Zuckerberg 6. Larry Ellison 7. Jensen Huang (up from No. 8) 8. Michael Dell (up from No. 13) 9. Rob Walton (up from No. 11) 10. Bernard Arnault (down from No. 7) March wasn’t the best month to be a billionaire, as both the S&P 500 and Nasdaq sank by nearly 5% amid the Iran war. Nine of the world’s ten richest people enter April poorer than they were at the beginning of March. As a group, their fortunes fell by more than $100 billion combined to a total of $2.5 trillion, as of April 1 at 12 a.m. Eastern time. Even more notable is the shake up at the top, as only four members of last month’s top 10 held onto their same ranks including the world’s richest person Elon Musk and no. 2 Sergey Brin. Despite their ranks holding steady, Musk and Page were two of five top 10 members who lost at least $20 billion in the past month. Musk’s fortune fell by $22 billion to $817 billion. He’s still more than three times as rich as his runner-up, Page, whose fortune sank by $20 billion to $237 billion. The biggest loser was Frenchman Bernard Arnault of luxury goods conglomerate LVMH, who dropped from No. 7 to No. 10, as his fortune sank by $28 billion, to $142.5 billion. Another big loser was Spanish fast fashion mogul Amancio Ortega, who tumbled from No. 10 to No. 14, as his fortune plunged by $20 billion, to $128 billion. Warren Buffett also fell out of the top 10, sliding from No. 9 to No. 11, as his net worth fell by $7 billion to $142 billion. Walmart heir Rob Walton lost $3 billion but nevertheless jumped into the top 10 for the first time in at least three years. The other new face in this month’s top 10 (and the only gainer) was PC mogul Michael Dell, who climbed from No. 13 to No. 8, as his fortune inched upward by $2 billion to $143.1 billion. Jeff Bezos also moved up, to No. 3 for the first time since October, as his fortune dipped by a relatively modest $1 billion to $223 billion. He swapped places with Google cofounder Sergey Brin, who dropped to No. 4 for the first time since January, as his net worth fell by $18 billion to $219 billion. Forbes has been tracking the world’s billionaires since 1987. In March 2026, we found 3,428 of them for our annual list. Below are the 10 richest people on earth as of April 1, 2026 at 12 a.m. Eastern time, according to Forbes. Stock prices fluctuate routinely, so these net worths typically change on a daily basis. Forbes tracks the daily changes on our Real Time list of billionaires. Read the full story on Forbes: https://www.forbes.com/sites/forbeswealthteam/article/the-top-ten-richest-people-in-the-world/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 4, 20266 min

Tesla Misses Vehicle Delivery Estimates As EV Market Struggles

Follow Forbes Talks Tesla on Thursday reported quarterly vehicle deliveries that fell below Wall Street’s expectations, the latest sign of a disrupted electric vehicle market as Elon Musk’s automaker shifts its focus toward robotaxis and humanoid robots. Key Facts Tesla said Thursday it delivered just over 358,000 vehicles in the first quarter, below the automaker’s compiled consensus of 365,645 and consensus analyst projections of 381,000, according to FactSet. That marks a 14.3% decline from the December quarter (418,227), but a 6.2% year-over-year growth from Q1 2025 (337,000), when Tesla reported its fewest quarterly vehicle deliveries since 2022. Model 3 and Y vehicles accounted for nearly 342,000 of Tesla’s quarterly deliveries, down nearly 19% from the previous quarter (406,585). Shares of Tesla declined 3.4% shortly after trading opened on Thursday. What To Watch For Tesla will report Q1 earnings after market close on April 22, the company said. The automaker is expected to report quarterly revenue of $22.9 billion and $0.41 earnings per share, representing what would be annual growth of 18.6% and nearly 52%, respectively. Key Background Tesla’s vehicle delivery reports are often cited as insight into the automaker’s sales ahead of its earnings reports. The latest quarterly slide in deliveries follows a broader decline in electric vehicle demand: EVs represented roughly 12% of the U.S. market in September, an all-time high, but that dropped to 6% by January, according to Cox Automotive. Tesla remains the market leader in the U.S., however, even as it faces growing competition from Chinese automaker BYD, which surpassed Tesla as the world’s largest EV maker. Musk said in January the company would end production of its flagship Model S and Model X cars, announcing Tesla would use its production line in Fremont, California, to manufacture the company’s Optimus humanoid robots. Earlier this week, Musk said orders for the S and X vehicles had “come to an end.” Forbes Valuation Musk is by far the world’s richest person, with an estimated net worth of $823.8 billion as of Thursday. He’s expected to soon become the world’s first trillionaire, after his SpaceX filed confidentially for an IPO on Wednesday, leading the way for what will likely be the largest-ever market debut. Musk, who owns about 43% of SpaceX, would become the first person to be chief executive of two companies valued at $1 trillion after the aerospace firm’s listing. Read the full story on Forbes: By Ty Roush https://www.forbes.com/sites/tylerroush/2026/04/02/tesla-misses-vehicle-delivery-estimates-as-ev-market-struggles/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 3, 20263 min

What To Know About The First-Ever Jane Goodall Day

Follow Forbes Talks Jane Goodall, renowned humanitarian and conservationist, would have turned 92 years old on April 3. She passed away in October 2025, but in honor of her legacy, the environmental nonprofit she founded, the Jane Goodall Institute, has made April 3 "Jane Goodall Day." JGI executive director Anna Rathmann joined ForbesWomen editor Maggie McGrath to share the goals of Jane Goodall Day and what she wants everyone to know about Jane's legacy. Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 3, 202610 min

Musk Closer To Trillionaire Status: SpaceX Files For IPO

Follow Forbes Talks Topline Elon Musk may soon become the first person to have a net worth exceeding $1 trillion, as SpaceX’s anticipated stock market debut is on the way after the aerospace firm filed for an IPO on Wednesday. Key Facts SpaceX submitted confidential IPO registration to the Securities and Exchange Commission, according to multiple reports, meaning the documentation is only available to regulators. Additional information about SpaceX’s IPO, including the number of shares to be sold and a price range, will be disclosed in a later filing. Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase and Morgan Stanley are leading the offering, the Wall Street Journal reported, citing people familiar with the matter. With an expected listing in June, the public offering is estimated to value SpaceX at $1.75 trillion and raise $75 billion, which would more than double Saudi Aramco’s $29 billion debut in 2019 as the largest-ever IPO. SpaceX acquired Musk’s artificial intelligence startup xAI in February, consolidating two of his companies in a deal that valued the combined entity at an estimated $1.25 trillion. SpaceX did not immediately respond to a request for comment from Forbes. Surprising FactOnce SpaceX's listing debuts, Musk will likely become the first person to be chief executive of two companies valued at $1 trillion. His Tesla has a market valuation of $1.4 trillion as of Wednesday. Read the full story on Forbes: Ty Roush https://www.forbes.com/sites/tylerroush/2026/04/01/musk-closer-to-trillionaire-status-spacex-reportedly-files-for-ipo/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 3, 20263 min

SpaceX Files For IPO–Here’s What To Know

Follow Forbes Talks Elon Musk may soon become the first person to have a net worth exceeding $1 trillion, as SpaceX’s anticipated stock market debut is on the way after the aerospace firm filed for an IPO on Wednesday. Key Facts SpaceX submitted confidential IPO registration to the Securities and Exchange Commission, according to multiple reports, meaning the documentation is only available to regulators. Additional information about SpaceX’s IPO, including the number of shares to be sold and a price range, will be disclosed in a later filing. Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase and Morgan Stanley are leading the offering, the Wall Street Journal reported, citing people familiar with the matter. With an expected listing in June, the public offering is estimated to value SpaceX at $1.75 trillion and raise $75 billion, which would more than double Saudi Aramco’s $29 billion debut in 2019 as the largest-ever IPO. SpaceX acquired Musk’s artificial intelligence startup xAI in February, consolidating two of his companies in a deal that valued the combined entity at an estimated $1.25 trillion. SpaceX did not immediately respond to a request for comment from Forbes. Surprising Fact Once SpaceX's listing debuts, Musk will likely become the first person to be chief executive of two companies valued at $1 trillion. His Tesla has a market valuation of $1.4 trillion as of Wednesday. Forbes Valuation Musk is the wealthiest person in the world with an estimated net worth of $824.3 billion as of Wednesday. He became the first person to be worth $400 billion in 2024, and his fortune crossed the $500 billion, $600 billion, $700 billion, and $800 billion thresholds in 2025 and 2026, respectively. Musk holds an estimated 43% stake in SpaceX, which would all but guarantee his net worth rising above $1 trillion. Even before SpaceX’s IPO, Tesla shareholders approved a compensation package for Musk in November that could be worth close to $1 trillion, but requires the automaker to achieve several goals over the next decade. Read the full story on Forbes: ByTy Roush https://www.forbes.com/sites/tylerroush/2026/04/01/musk-closer-to-trillionaire-status-spacex-reportedly-files-for-ipo/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 2, 20263 min

Higher Gas Prices Could Tank Summer Vacations As Gas Hits $4-A-Gallon

Follow Forbes Talks Topline With gas prices hitting the $4-a-gallon “psychological wall,” many Americans may opt for a staycation this year. Key Facts On Tuesday, the average price of gasoline in the U.S. topped $4 per gallon for the first time since 2022. Traditionally, between 85% and 90% of Americans drive to their summer vacation destinations rather than fly, according to AAA data. “Unless the administration figures this out very rapidly, we are probably coming up on the point of no return for the first four weeks of the summer driving season,” Patrick De Haan, GasBuddy’s head of petroleum analysis, told Forbes. A recent Yahoo/YouGov survey shows two-thirds (66%) of Americans disapprove of the way President Donald Trump is handling gas prices. An AP-NORC survey fielded this month shows 45% of Americans are “extremely” or “very” worried about being able to afford gas in the next few months, compared to 30% in December 2024, shortly after Trump was elected to his second term. Why Higher Gas May Play Differently This Year Than In 2022The $4-per-gallon milestone is a “psychological wall,” De Haan noted in a recent social media post. Gas stations will even sacrifice their margin to stay at $3.99 “because they know how consumers react.” He warned against drawing any parallels to August 2022, when travel demand soared despite gas prices hitting $4 per gallon. “That was an abnormal year for the fact that Americans, after two years of Covid lockdowns and other impediments, had a very different tone in wanting to get out, and they were not going to be deterred by higher energy prices,” De Haan told Forbes. “Whereas now I don’t view that there’s enough optimism in the economy for Americans to be able to weather the higher prices.” Read the full story on Forbes: By Suzanne Rowan Kelleher https://www.forbes.com/sites/suzannerowankelleher/2026/03/31/gas-prices-psychological-wall-summer-vacations/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 2, 20263 min

OpenAI Valuation Reaches $852 Billion After Massive Funding Round

OpenAI raised $122 billion in its latest funding round, the artificial intelligence giant announced Tuesday, bringing its post-money valuation to $852 billion. KEY FACTS The funding round was backed by OpenAI partners such as Amazon, Nvidia, Microsoft and SoftBank, according to the announcement. The latest valuation for the company comes a little more than a month after it announced $110 billion in funding at a $730 billion valuation. OpenAI opened this month’s funding round to individual investors, who raised over $3 billion. BIG NUMBER $2 billion. That is how much money OpenAI is raking in every month, according to Tuesday’s announcement. Last year, it made $13.1 billion in revenue. SURPRISING FACT OpenAI is not yet profitable despite its strong revenue numbers. The company is burning money on operating costs driven by expenditures from training AI models and creating infrastructure. OpenAI will spend half a trillion dollars by 2030 if it maintains its current pace, according to The Guardian. KEY BACKGROUND OpenAI is leading the funding race against its competitors by hundreds of billions of dollars. Anthropic announced in January it raised $25 billion, bringing its valuation to $350 billion. Elon Musk’s xAI reached a $230 billion valuation that same month, though its acquisition of SpaceX brought the number up to $250 billion. OpenAI is on its way to reaching valuations held by tech giants like Meta, which boasted a $1.4 trillion market capitalization as of Tuesday. OpenAI is preparing for an initial public offering by the end of 2026, according to CNBC, which reported on an all-hands meeting in which company officials discussed taking ChatGPT from a casual chatbot for users to a more serious AI assistant used for carrying out tasks. Read the full story on Forbes: By Antonio Pequeño IV https://www.forbes.com/sites/antoniopequenoiv/2026/03/31/openai-valuation-reaches-852-billion-after-massive-funding-round/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 1, 20263 min

How Cops Use Google’s Cookies To Unmask Anonymous Users

Over the last two decades, tracking “cookies” have been core to the sprawl of surveillance capitalism. Websites lodge little nuggets of text—the cookies—on a user’s computer and they act as a kind of badge signalling what sites they’ve visited or what apps they’ve used. Though little discussed in privacy circles today, and despite European laws that ensure people have control over what kinds of cookies can monitor them, these trackers continue to follow users the world over. That makes them a useful tool for law enforcement, according to two search warrants reviewed by Forbes. In August 2025, a man called the Hamilton County Courthouse in Ohio and told staff there was a bomb inside the building. Security staff searched the premises with sniffer dogs, but found nothing. They determined it was a hoax. The search warrants say that investigators linked the caller with an anonymous Gmail email. Investigators then asked Google to disclose what other users had accessed this account. That’s where Google’s cookies proved crucial. The cookies showed that a single iPhone had been used for both the Google account linked to the hoax, and another Google account, which a user registered with their real identity. The cops had a name, Don'tavius Conley, who has now been charged with transmission of a bomb threat, and false information and hoaxes. He has pleaded not guilty. The case shows how police can unmask anonymous Gmail users if they’re running multiple accounts on the same device. It also highlights how police can piggyback on tech giants’ tracking mechanisms like cookies. Google hadn’t responded to a request for comment. Though law enforcement often uses Google data to learn more about the subject of an investigation, they usually seek information like locations and email content. Identifying an anonymous suspect via cookies is rare, but has likely happened in other cases, says Jennifer Lynch, general counsel at the Electronic Frontier Foundation. “I haven’t seen police rely on cookies in this manner before, but that certainly doesn’t mean they haven’t done so,” Lynch says. “It seems like the police knew that was possible and asked specifically for this information.” Read the full story on Forbes: By Thomas Brewster Senior writer at Forbes covering cybercrime, privacy and surveillance for The Wiretap https://www.forbes.com/sites/the-wiretap/2026/03/24/google-cookies-help-cops-identify-anonymous-users/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 1, 20263 min

Oracle Fires Thousands Of Employees As AI Spending Ramps Up

Oracle on Tuesday conducted a round of layoffs affecting thousands of employees, citing “current business needs,” according to multiple reports, resulting in a rise in the software maker’s stock as it plans to ramp up spending on AI this year. KEY FACTS Oracle notified thousands of employees they would be cut on Tuesday, CNBC reported, citing people familiar with the move. It’s not immediately clear why the employees were let go, though a company memo obtained by Business Insider cited “careful consideration of current business needs.” Oracle employed 162,000 people as of May 2025, the last time the company reported employment figures, according to a Securities and Exchange Commission filing. Shares of Oracle rose by 2.5% as of noon Tuesday, marking positive traction for the stock that has declined more than 27% this year. An Oracle spokesperson declined to comment on the layoffs to Forbes. Read the full story on Forbes: ByTy Roush https://www.forbes.com/sites/tylerroush/2026/03/31/oracle-fires-thousands-of-employees-as-ai-spending-ramps-up-shares-rise-2/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 31, 20263 min

Here's How Much ICE Agents At Airports May Be Making As TSA Goes Unpaid

Immigration and Customs Enforcement officers deployed at airports across the United States are collecting a paycheck, even as they face criticism for being untrained to patrol airports—while Transportation Security Administration workers have gone more than a month without pay. KEY FACTS The ICE agent base salary ranges from about $52,000 to $84,000, according to a job posting for deportation officers on a U.S. government job portal, which can vary due to geographic location and experience. Despite a partial government shutdown that impacts the Department of Homeland Security, ICE agents are still being paid through a $75 billion sum allocated to ICE through the One Big Beautiful Bill last year, which made it the highest-funded federal law enforcement agency. ICE has previously used the huge spike in funding for a hiring blitz: Aside from base salaries, ICE has offered student loan forgiveness, overtime pay, enhanced retirement benefits and signing bonuses of up to $50,000. TSA agents appear to earn a comparatively lower salary, with pay starting at about $40,000 annually, with agents averaging “anywhere from $60,000 to $75,000” as they gain experience, a DHS spokesperson told Business Insider. Read the full story on Forbes: By Conor Murray https://www.forbes.com/sites/conormurray/2026/03/24/heres-how-much-ice-agents-at-airports-may-be-making-as-tsa-goes-unpaid/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 31, 20263 min

Trump Calls Supreme Court ‘Stupid’ Ahead Of Birthright Citizenship Case

President Donald Trump seemed to preemptively attack Supreme Court justices as “stupid” and “dumb”—ignoring a warning from Justice John Roberts about “dangerous” rhetoric—as they prepare to hear oral arguments Wednesday in a landmark case challenging Trump’s executive order limiting birthright citizenship. Key Facts The Supreme Court will hear oral arguments Wednesday in Trump v. Barbara, a case concerning the legality of Trump’s executive order saying babies born in the U.S. cannot be citizens if their parents aren’t U.S. citizens or permanent residents themselves. Trump claimed Monday morning the U.S. is “the only Country in the World that dignifies” the topic of birthright citizenship “with even discussion”—which is false—and expressed pessimism the Supreme Court would rule in his favor, after the court previously ruled against his signature tariff policy. Other countries are “laughing at how STUPID our U.S. Court System has become” while taking advantage of U.S. citizenship by birth, Trump claimed on Truth Social, adding, “Dumb Judges and Justices will not a great Country make!” The 14th Amendment grants citizenship to “all persons born or naturalized in the United States, and subject to the jurisdiction thereof,” which has long been interpreted as guaranteeing citizenship by birth in nearly all cases, except for children of foreign diplomats or enemy soldiers. The Trump administration has adopted a novel legal theory claiming children of undocumented immigrants or temporary U.S. residents are not “subject to the jurisdiction” of the U.S., with Trump’s executive order stating children born in the U.S. are not citizens unless at least one of their parents is a citizen or permanent resident at the time of their birth. Parents and children impacted by the decision, represented by the American Civil Liberties Union, have challenged the order in court, arguing it’s unlawful and the court should affirm the 14th Amendment guarantees citizenship to children even when their parents aren’t permanent residents or citizens. What To Watch For The court will hear oral arguments Wednesday in the birthright citizenship case and issue a ruling in the coming months, sometime before the court’s term ends in late June. Trump’s order limiting birthright citizenship is not in effect while the court is deliberating, meaning babies born in the U.S. to temporary or undocumented immigrants will still be granted citizenship at least until the court rules. Big Number 255,000. That’s the approximate number of babies who would be affected by Trump’s executive order each year if it takes effect, according to the Migration Policy Institute and Penn State’s Population Research Institute. Surprising Fact Trump’s order limiting birthright citizenship is part of the president’s broader crackdown on undocumented immigration. If it takes effect, the Migration Policy Institute projects the number of undocumented immigrants would significantly increase, however, estimating there would be an additional 2.7 million by 2045 and 5.4 million by 2075. Do Other Countries Have Birthright Citizenship? Yes. While Trump has claimed birthright citizenship is unique to the U.S., nearly 40 other countries have policies guaranteeing citizenship to people who are born there. Countries with birthright citizenship policies are largely concentrated in North, Central and South America and include Argentina, Brazil, Chile, Canada, Ecuador, Mexico, Pakistan and Venezuela, among others. Read the full story on Forbes: ByAlison Durkee https://www.forbes.com/sites/alisondurkee/2026/03/30/trump-slams-stupid-supreme-court-ahead-of-birthright-citizenship-case/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 30, 20263 min

Here’s How Much Donald Trump Is Worth

Everyone has an opinion, but Forbes has the answer: $6.5 billion, according to our most recent tally, updated in March. Trump added $1.4 billion over the past year, leveraging the presidency for profit. Trump’s Cryptocurrency and Liquid Assets: $2.1 billionFORBES ESTIMATE AS OF MARCH 2026 Spencer Platt/Getty Images The president is flush with cash, having collected hundreds of millions from cryptocurrency sales and an estimated $200 million more, after tax, from selling a chunk of one venture, reportedly to an Emirati royal. Those earnings added to a stockpile he had already been accumulating by selling his Washington, D.C. hotel and refinancing a San Francisco office complex. Trump launched a memecoin days before his second term began, capitalizing on the buzz surrounding his inauguration. A portion of his coins now unlock on a daily basis, though their value has fallen by almost 70% since a year ago. The Trump family’s primary crypto project, World Liberty Financial, got off to a rocky start. Things accelerated after Trump won the election and Sheikh Tahnoon bin Zayed Al Nahyan, a United Arab Emirates royal, reportedly arranged a purchase of almost half the company in January. Buyers have now snapped up more than $1 billion of tokens. The Trump family kept a pile for themselves, which Forbes discounts while they remain locked up. World Liberty Financial also launched a stablecoin, USD1, which ties to the dollar and allows people to make crypto transactions with limited volatility. It’s not a new idea. “Everybody can mint a stablecoin,” says Matt Zhang, the founder of digital-asset firm Hivemind. “The difficult part is how you drive adoption.” A firm created by the UAE’s president offered some help to Trump’s venture, agreeing to use USD1 to make a $2 billion investment in a major crypto exchange. A publicly traded firm named Alt5 purchased a bundle of World Liberty tokens in August 2025. The deal left the Trump family with a bunch of cash and World Liberty with a small stake in Alt5. From a financial standpoint, Trump’s social media venture is one of the most absurd businesses in America, generating sales of just $3.7 million in 2025 and recording a net loss of $712 million. The company is scrambling to find a business model: It became a Bitcoin treasury in May, announced a merger with a fusion power company in December and published potential plans to spin off Truth Social in February. Thanks to Trump-loving traders, shares remain at head-scratching levels, but have lost over 80% of their value since the company went public, driving down the value of the president’s stake. Trump’s golf game took off after he left the White House the first time. Estimated operating profits at his clubs jumped from $19 million in 2020 to $66 million in 2024. The private club has benefited from politics more than any other property, something Trump foreshadowed in a 2016 deposition. “The manager told me recently, he said, ‘Boy, it is actually the best year we’ve ever had at Mar-a-Lago.’ And I was looking at the numbers. I said, ‘What do you attribute this to?’ He said, ‘The campaign.’” Since then, business has only gotten stronger. The indebted Florida golf resort lost much of its northeastern clientele after Trump got into politics, nearly putting it underwater. But plenty of new customers arrived in the aftermath of the Covid-19 pandemic, pushing estimated profits to $25 million, double their best year during Trump’s first term. Liquid assetsNet value: $1.3BMemecoin tokensNet value: $393MWorld Liberty Financial tokensNet value: $175MStablecoin BusinessNet value: $242MAlt5Net value: $400,000Truth Social’s Parent Company: $1.2 billionFORBES ESTIMATE AS OF MARCH 1, 2026Trump Media and Technology GroupNet Value: $1.2B🌴🏌️‍♂️Trump’s Golf Clubs And Resorts: $1.5 billionFORBES ESTIMATE AS OF MARCH 2026U.S. golf clubsTotal value: $638MLiabilities: Est. $89MNet value: $549MWhat Trump owns: 10 courses in 6 statesMar-a-LagoTotal value: $596MLiabilities: Est. $32MNet value: $564MWhat Trump owns: Private club in Palm Beach, Fla. Trump National Doral MiamiTotal value: $390MLiabilities: Est. $135MNet value: $255MWhat Trump owns: ResortThree European golf propertiesTotal value: $116MDebt: $0Net value: $116MWhat Trump owns: Two golf resorts in Scotland, one in IrelandThe Trump Organization declared losses of more than $100 million at its European golf resorts, according to an analysis of records from Ireland and the United Kingdom. Business has picked up recently. Read the full story on Forbes: By Dan Alexander and Kyle Khan-Mullins https://www.forbes.com/sites/danalexander/article/the-definitive-networth-of-donaldtrump/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 30, 20267 min

Inside Landmark Verdict In Social Media Addiction Trial— And What It Means For Future Of Big Tech

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A Los Angeles jury found Meta and Google, the parent companies of Instagram and YouTube, liable of negligence by designing a purposefully addictive app that ultimately contributed to a young girl’s mental health issues. Constitutional attorney Chris Murray, who is also a partner at First & Fourteenth, joins "Forbes Newsroom" to discuss the landmark verdict. Stay Connected Forbes Breaking News on X: https://x.com/ForbesTVNews Forbes Breaking News on TikTok: https://www.tiktok.com/@forbestvnews More From Forbes: http://forbes.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 29, 202614 min

Why Tesla's Most Reliable Revenue Stream Are Large Scale Battery Sale

Forbes Senior Editor Alan Ohnsman sat down with Forbes Talks to discuss Tesla’s strategic pivot toward its rapidly growing battery storage and energy business. Ohnsman explains the company's significant challenges in the electric vehicle market, including falling global sales and increased competition from Chinese rivals like BYD. 00:00 Tesla’s Rocky Start To 2026 And The Shift To Batteries 02:41 Dominating The United States Stationary Storage Market 04:57 Leveraging Manufacturing Power For Solar And Energy 08:02 The Legacy Of SolarCity And The Failed Solar Roof 11:00 Challenges Of Scaling To One Hundred Gigawatts 12:34 Replacing Lost Revenue From EV Sales And Tax Credits 14:13 Future Outlook For New Battery Plants And Chemistries Read the full story on Forbes: https://www.forbes.com/sites/alanohnsman/2026/03/12/teslas-best-growth-story-isnt-robotaxis-its-batteries/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 28, 202619 min

Trump Will Issue Order To Pay TSA Agents Amid Airport Chaos

President Donald Trump will sign an order instructing the Department of Homeland Security to pay Transportation Security Administration officers during the partial government shutdown, he announced Thursday, though it is unclear where the money is coming from and what authority Trump will use to enact the order. KEY FACTS Trump said in a Truth Social post he will sign an order instructing Secretary of Homeland Security Markwayne Mullin “to immediately pay our TSA Agents.” The president blamed Democrats for the lapse in pay for agents, blasting their demands for increased restrictions on Immigration and Customs Enforcement. Trump did not elaborate where the money to pay TSA agents would come from. More than 450 TSA officers have quit their jobs amid the shutdown after not receiving pay. BIG NUMBER Nearly $1 billion. That is how much money in payroll has not been paid to TSA agents in a timely manner this fiscal year, according to a Wednesday testimony from Ha Nguyen McNeill, a senior administrator for the TSA. Employees of the agency have gone without pay for about 40 days during the partial government shutdown. KEY BACKGROUND At the heart of the Department of Homeland Security shutdown and accompanying disorder at some major airports across the U.S. is disagreements over the Safeguard American Voter Eligibility Act stuck in the Senate. The measure proposes making changes to the voting process in the U.S. and includes a requirement for voter identification. Democrats have pushed back on the legislation for weeks, seeking to implement guardrails on ICE operations after federal agents killed Renee Good and Alex Pretti amid January protests in Minnesota. Democrats have countered Republican proposals with offers that include pay for TSA agents, but those measures have failed to gain traction. In the meantime, TSA officers have quit their jobs and called out of work at high rates while passengers at airports like Atlanta’s Hartsfield-Jackson International Airport and Houston’s George Bush Intercontinental Airport have been stifled with hours-long security wait times. Read the full story on Forbes: ByAntonio Pequeño IV,Forbes Staff. https://www.forbes.com/sites/antoniopequenoiv/2026/03/26/trump-will-issue-order-to-pay-tsa-agents-amid-airport-chaos/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 27, 20263 min

White House Refuses Elon Musk’s Offer To Pay TSA Staff Amid Partial Government Shutdown

The White House turned down an offer from Tesla chief and former special government employee Elon Musk to pay Transportation Security Administration officers during the partial government shutdown, a White House spokesperson told Forbes. Read the full story on Forbes: ByAntonio Pequeño IV https://www.forbes.com/sites/antoniopequenoiv/2026/03/25/white-house-refuses-elon-musks-offer-to-pay-tsa-staff-amid-partial-government-shutdown/ KEY FACTS The rejected offer, first reported by CBS News, would have provided money for TSA agents who have gone without pay for nearly six weeks. Musk made the offer last weekend in a post on X, with President Trump telling reporters Monday he would “love it.” White House spokeswoman Abigail Jackson told Forbes that while the White House appreciated Musk’s proposal, it “would pose great legal challenges due to his involvement with federal government contracts.” Jackson said the fastest way to pay TSA employees is for “Democrats to fund the Department of Homeland Security,” referring to disagreements between Democrats and Republicans over a standalone funding bill that would fund DHS and the Safeguard American Voter Eligibility Act, which will create changes to the U.S. voting system including a requirement for voter identification. The cost to fund TSA agents would be around $250 million, CBS reported, citing two unnamed sources. Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 27, 20263 min

Meta And Google Found Liable In Social Media Addiction Trial

Meta and Google, the parent company of YouTube, were found liable for harming a woman’s mental health due to addictive design features, a California jury found in a landmark decision on Wednesday, just one day after a jury in New Mexico ordered the Facebook parent company to pay $375 million for enabling child exploitation and misleading the users about safety features. Key Facts Meta and Google are liable to pay $3 million in damages to the plaintiff, only identified as a 20-year-old woman named K.G.M., who said she became addicted to the two companies’ apps due to addictive features. Meta, which owns Facebook and Instagram, was ordered to pay out 70% of the damages, while YouTube was ordered to pay the remaining 30%, the Wall Street Journal reported. The lawsuit also named TikTok and Snap, the parent company of Snapchat, as defendants, but both companies settled out of court for undisclosed sums. Meta founder Mark Zuckerberg and Instagram chief Adam Mosseri both testified at the trial, where Zuckerberg insisted the company was “building this thing to be a good thing that has value in people’s lives,” Courthouse News reported in February. “We respectfully disagree with the verdict and are evaluating our legal options,” Meta spokesperson Francis Brennan told Forbes in a statement, while Google spokesperson José Castañeda said in a separate statement the company disagrees with the verdict and plans to appeal, adding, “this case misunderstands YouTube, which is a responsibly built streaming platform, not a social media site.” The verdict did not appear to impact stock prices, Meta shares up slightly (0.46%) and Google parent Alphabet’s down slightly (0.3%). Read the full story on Forbes: By Zachary Folk https://www.forbes.com/sites/zacharyfolk/2026/03/25/meta-and-google-found-liable-in-social-media-addiction-trial/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 27, 20262 min

Wall Street Bonuses Surged To A Record $49.2 Billion Pool Last Year

Bonuses for Wall Street employees jumped to a record $49.2 billion overall pool, New York’s state comptroller Thomas DiNapoli said Thursday morning, which he attributed to strong trading activity and a 30% rise in Wall Street’s profits. KEY FACTS The $49.2 billion pool is 9% higher than the pool for 2024, DiNapoli said. The average bonus paid to securities industry employees was $246,900, which is 6% higher than the year prior. “Wall Street saw strong performance for much of last year, despite all of the ongoing domestic and international upheavals,” ⁠DiNapoli said⁠ in a release Thursday morning, adding the higher Wall Street profits are “good for our state and city budgets, which are reliant on the industry’s significant tax contributions.” Though this year's bonus pool is the highest on record, the 2006 pool adjusted for inflation edges it out at $53.7 billion in today’s dollars. Securities industry employment edged down slightly to 198,200 in 2025, DiNapoli said, adding financial sector job growth has been faster in other parts of the country, though New York still has the nation’s highest share of securities industry employees at 17.9%. DiNapoli estimated the bonuses would generate $199 million more in state income tax revenue and $91 million more for New York City over the previous year, but he said tax revenue may fall short of expectations as Governor Kathy Hochul’s proposed budget assumed Wall Street bonuses would rise 25.9%. Read the full story on Forbes: By Conor Murray https://www.forbes.com/sites/conormurray/2026/03/26/wall-street-bonuses-surged-to-a-record-492-billion-pool-last-year/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 27, 20263 min

Why AI Is Increasing Workplace Complexity Instead Of Reducing Employee Workloads

Forbes Senior Contributor and author of 'Brain Rush: How to Invest and Compete in the Real World of Generative AI' Peter Cohan sat down with Forbes Talks to discuss why AI is currently increasing the complexity and density of work rather than reducing it. Read the full story on Forbes: https://www.forbes.com/sites/petercohan/2026/03/12/ai-was-supposed-to-free-workers-instead-its-burying-them-in-busywork/ Artificial intelligence is driving workers to spend more time on busy work – squeezing out time they could be devoting to more valuable activities such as creating new growth opportunities. That is the conclusion of a survey of 164,000 workers’ digital work activity, according to ActivTrak research featured in the Wall Street Journal. Following their companies’ adoption of AI, those workers more than doubled the time they spent on email, messaging and chat apps and boosted by 94% their use of human-resources or accounting software, added the Journal. Rather than freeing them, AI drags them away from creative work. How so? The time AI users devoted to "focused, uninterrupted work — for solving complex problems, writing formulas, creating and strategizing—fell 9%, compared with nearly no change for nonusers,” noted the Journal. Sadly, all that time working on emails and accounting is the least valuable activity for companies seeking to benefit from their AI investment. Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 26, 202620 min

What Small Businesses Need To Know About AI Hiring In 2026

AI hiring is transforming small businesses in 2026. The critical question: how can owners leverage AI for efficiency—automating resume review and finding qualified candidates faster—while navigating significant risks like algorithmic bias and screening artificially polished applicants? Forbes Contributor TerDawn Deboe explains what small businesses need to know to succeed with AI HR technology. Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more: https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript Stay Connected Forbes newsletters: https://newsletters.editorial.forbes.com Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter: http://www.twitter.com/forbes Forbes Video on Instagram: http://instagram.com/forbes More From Forbes: http://forbes.com Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success. Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 26, 20267 min

Meta Must Pay $375 Million Over Allegedly Enabling Child Exploitation

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A New Mexico jury ruled Tuesday that Meta enabled child exploitation on its platforms and misled users about the platforms’ impact on children’s mental health—a landmark decision that could set precedent as Meta battles similar allegations at the federal level. Read the full story on Forbes: https://www.forbes.com/sites/antoniopequenoiv/2026/03/24/meta-must-pay-375-million-over-allegedly-enabling-child-exploitation/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 25, 20263 min

These Six Mistakes Stunt Small Business Growth—Here's How To Avoid Them

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Forbes contributor Micah Logan has seen a recurring theme among business owners whose ventures struggle to thrive: they tend to make stupid mistakes. Now, that’s not a dig at the intelligence of business owners. S.T.U.P.I.D. is an acronym for the six most common mistakes: slow implementation, too complicated, unaware of numbers, poor planning, ignoring feedback, and distracted focus. Here's how any small business owner can avoid these pitfalls. Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 25, 20265 min

Ep 1Rewind: Ray Dalio Reveals The Secrets of His Investing Success

Welcome to the premiere episode of Iconoclast with Maneet Ahuja! For the first ever Forbes Iconoclast podcast, host and Forbes Editor-at-Large Maneet Ahuja sits down with legendary investor Ray Dalio, founder of Bridgewater Associates—the world’s largest hedge fund. Recorded live at the NASDAQ market site, Dalio issues an urgent, unvarnished warning about the global economic landscape and the future of wealth. Dalio also discusses his latest book, How Countries Go Broke: The Big Cycle, which aims to convey the mechanics of the process behind why countries go broke and unveils the leadership strategy to which he attributes his firm's outsized success. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 25, 202627 min

Nvidia’s Jensen Huang Says He Thinks ‘We’ve Achieved AGI’

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Nvidia CEO Jensen Huang said in a podcast appearance Monday he believed artificial general intelligence, a loosely defined term used to describe AI that matches or surpasses human intelligence, has been achieved, saying it's possible full-fledged companies could be run by AI. Read the full story on Forbes: https://www.forbes.com/sites/antoniopequenoiv/2026/03/23/nvidias-jensen-huang-says-he-thinks-weve-achieved-agi/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 25, 20263 min

What Patients Need To Know About Estrogen Patch Shortages

In late 2025 and early 2026, the FDA removed the “black box” warning label found on certain menopausal hormone therapy products, including estrogen patches. The removal of this warning paired with a surge in demand for medications for perimenopause and menopause has resulted in a shortage of estrogen patches, leaving many patients scrambling. Dr. Nesreen Hermes, a family medicine doctor in Illinois who regularly sees patients for perimenopause and menopausal symptoms, joined ForbesWomen editor Maggie McGrath to discuss. Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 24, 202615 min

Billionaire OnlyFans Owner Leonid Radvinsky Dies At 43

Leonid Radvinsky, a Ukrainian-born entrepreneur who after a murky and controversial early career made billions—$1.9 million a day, Forbes reported—as the owner of the porn-creator site OnlyFans, died of cancer at 43, a company spokesperson said Monday. Read the full story on Forbes: https://www.forbes.com/sites/conormurray/2026/03/23/billionaire-onlyfans-owner-leonid-radvinsky-dies-at-43/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 24, 20263 min

Jeff Bezos Is Raising $100 Billion For New AI Company–Here's What To Know

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Billionaire Amazon founder Jeff Bezos is aiming to raise about $100 billion for a new fund to buy up manufacturing companies disrupted by AI, the Wall Street Journal reported on Thursday—a move likely connected to his secretive AI manufacturing startup Project Prometheus. Read the full story on Forbes: https://www.forbes.com/sites/zacharyfolk/2026/03/19/what-we-know-about-jeff-bezos-100-billion-ai-fundraising-plan/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 24, 20263 min

This Is Tehran's Main 'Bargaining Chip' To Influence Outcome Of Ongoing War In Iran: Expert On Iran

On "Forbes Newsroom," Janatan Sayeh, an Iran research analyst at the Foundation for Defense of Democracies, spoke about Iran's biggest bargaining chips during the ongoing war. Stay Connected Forbes Breaking News on X: https://x.com/ForbesTVNews Forbes Breaking News on TikTok: https://www.tiktok.com/@forbestvnews More From Forbes: http://forbes.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 23, 202610 min

Usher Raymond Talks With Jabari Young on the Enterprise Zone

Superstar singer Usher Raymond IV joins Forbes senior writer Jabari Young on The Enterprise Zone in Detroit. During the discussion, Usher discusses his plan to open 500 innovation hubs, reflects on his upbringing before stardom, missed business investments, and fatherhood, and shares his perspective on Sean Combs' legacy. Follow the Enterprise Zone Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 22, 202644 min

Bonus Episode: How Could Trump End The War Against Iran?

Ambassador Dennis Ross, a distinguished fellow at the Washington Institute who also played a role in Middle East peace negotiations in multiple administrations, joined “Forbes Newsroom” to discuss his piece ‘What Trump’s Goal In Iran Should Be,’ which argues President Donald Trump should concentrate on weakening the Iranian regime. Stay Connected Forbes Breaking News on X: https://x.com/ForbesTVNews Forbes Breaking News on TikTok: https://www.tiktok.com/@forbestvnews More From Forbes: http://forbes.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 21, 202622 min

The U.S. Is Falling Behind Its Global Peers When It Comes To Women In Leadership

According to a new report from data provider Equileap, the percentage of women in business leadership positions is stalling across the globe--and American companies are falling behind their peers. Diana van Maasdijk, Equileap's CEO, joined ForbesWomen editor Maggie McGrath to talk about why this finding matters and what it could take to reverse these trends. Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 5, 202620 min

How This Founder Went From Living In AOL's Offices To Running A Profitable AI Startup

In this Forbes Talks episode, StackBlitz CEO Eric Simons, an alum of the Next Billion Dollar Startup list, joins Forbes' Katharine Schwab. He discusses the pivotal board-level ultimatum that spurred the creation of Bolt.new and catalyzed a new wave of software development. Simons also delves into his bold strategy of effectively halting human hiring to prioritize AI agents, his ambitious target of achieving $10 million in gross margin per employee, and the implications of a future where an individual can utilize a digital team to accomplish the output of fifty. Learn more about your ad choices. Visit megaphone.fm/adchoices

Feb 24, 202630 min

How Pia Mance Turned Nine Hundred Dollars Into $10 Million In Sales At Heaven Mayhem

Heaven Mayhem Founder Pia Mance sat down with Forbes to discuss how she bootstrapped an initial $900 investment into a global accessories brand now generating over $10 million in revenue. Mance also discussed the brand's strategic evolution from a direct-to-consumer focus to incorporating wholesale partnerships with major retailers like Revolve and Selfridges. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 24, 202541 min

How Formula 1 Helps This Sports Investor Turbocharge His Business

António Caçorino, the CEO and cofounder of Apex, sat down with Forbes to detail how Apex leverages its unique community of over 100 athlete investors—who act as active Limited Partners providing network and industry insights—to strategically deploy capital. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 11, 202532 min