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Asides

Tether’s billionaire CEO is afraid of wasting this ‘once-in-one-hundred-years opportunity’

Paolo Ardoino says that the company has already made more money than he could have ever dreamed. Now he plans to use the company’s balance sheet to replicate its success with digital dollars in the fields of data, artificial intelligence and education.

  • By Steven Ehrlich
  • Forbes Staff
Canva

‘Urgent question’: Sam Altman raises alarm bells in open letter on future of AI

The CEO of OpenAI wants to know whether the US and allied nations will advance a democratic future – or an authoritarian one. “There is no third option,” he says.

  • By Anastasia Santoreneos
  • Forbes Staff

Christina Cacioppo’s software startup just raised new funds at a $2.5 billion valuation

One of America’s most successful self-made women, Vanta CEO Cacioppo talks about navigating her company’s growth and putting herself and her company at center stage.

  • By Phoebe Liu

The 10 richest people in the world lose $66 billion in a day

The billionaires behind Tesla, Alphabet, Meta, LVMH and more saw their fortunes plunge in the billions on Wednesday following a rash of earnings reports that disappointed investors.

  • By Sarah Young

Elon Musk’s net worth plunges $16 billion as Tesla stock tanks

Musk remains the richest person on Earth even after losing the equivalent of the 113th-wealthiest person’s entire fortune in one morning.

  • By Derek Saul
  • Forbes Staff

Bolt’s former billionaire founder is in legal trouble — again

Earlier this year, Breslow settled a lawsuit that alleged he’d defaulted on a loan insured by his own company. Now, angry investors in Bolt, including BlackRock, have blocked it.

  • By Sarah Emerson
  • Forbes Staff

South Korean tech billionaire arrested on allegations of manipulating K-pop firm stock—Here’s what to know

The South Korean tech giant Kakao’s founder has been accused of manipulating the stock price of SM Entertainment to prevent its takeover by rival HYBE—which manages BTS.

  • By Siladitya Ray
  • Forbes Staff

Meet the billionaires banking on an American cricket league

Microsoft CEO Satya Nadella, Reliance chairman Mukesh Ambani, and other deep-pocketed investors worth a collective $126 billion own franchises in Major League Cricket. But launching a new major sports league in the United States has long been a sticky wicket.

  • By Sofia Chierchio - Contributor

Billionaire Palmer Luckey sues contractor after being trapped in his mansion’s car elevator

The Anduril founder has sued the construction company who led a $2.5 million project to turn the property next to his Newport Beach, California, home into a giant garage.

  • By Iain Martin

Bruce Springsteen is now a billionaire

The Boss went from E Street to Easy Street by staying true to his humble roots—and rolling up his sleeves and going to work.

  • By Lisette Voytko-Best
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