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1 week ago |
forbes.com.au | Derek Saul |Antonio Pequeño IV |Chase Peterson-Withorn
Key Takeaways Netflix stock fell 4% to $1,113 at market open Monday, which would have been its worst loss in more than a month.
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1 week ago |
forbes.com.au | Antonio Pequeño IV |Chase Peterson-Withorn |Alan Ohnsman
Key Takeaways Buffett closed the meeting by announcing he will step down as Berkshire Hathaway's CEO by the end of the year, saying Berkshire Hathaway Energy CEO Greg Abel should take over the position. The 94-year-old business chief, who became CEO of Berkshire Hathaway in 1970, was met with a standing ovation after making the announcement.
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1 week ago |
forbes.com.au | Chase Peterson-Withorn |Alan Ohnsman |Christopher Helman
After a volatile April for U.S. stocks, a guide to which of the world's top ten richest came out ahead-and whose fortunes fell. Key Facts Elon Musk is the richest person in the world, a title he's held since May 2024. Jeff Bezos the founder and chairman of Amazon, has been No. 2 richest for the second month in a row. Bill Gates dropped out of the top 10 richest in October 2024 after Forbes obtained new information about a significant contraction in his fortune.
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2 weeks ago |
forbes.com.au | Chase Peterson-Withorn |Alan Ohnsman |Christopher Helman |Antonio Pequeño IV
Hundreds of billionaires are poorer since Trump took office. Here are the few who have lost-or gained-the most. "This is what victory feels like," Elon Musk declared the day Donald Trump was sworn in.
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2 weeks ago |
forbes.com | Chase Peterson-Withorn |Chase Peterson Withorn
“This is what victory feels like,” Elon Musk declared the day Donald Trump was sworn in. “I'm super fired up for the future…One of the most American values that I love is optimism.”Now, as Donald Trump begins his 100th day back in office, much of the optimism has faded as the American stock market has gotten off to its worst start in 50 years, with the S&P 500 and Dow Jones Industrial Average both dropping by nearly 8% amid Trump’s tariff war.
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3 weeks ago |
forbes.com | Chase Peterson-Withorn |Chase Peterson Withorn
Meet the little-known car dealership billionaire, and potential future politician, who’s quietly building an empire with the college football great. Joe Agresti was on a conference call in his Baton Rouge office when an unknown number left a message. Nick Saban, the legendary University of Alabama football coach, was calling. He wanted to open a car dealership. “I thought it was a prank call,” Agresti, now 52, recalls.
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1 month ago |
forbes.com | Chase Peterson-Withorn |Chase Peterson Withorn
Raising Cane’s might not sell much—chicken tenders, crinkle fries, Texas toast, coleslaw and one sauce—but it sells a whole lot of it. Last year, the fast-food chain dished out $5.1 billion worth of the stuff, its best year yet, according to 2024 financials obtained by Forbes. That’s enough to make Todd Graves, the company’s founder and CEO, a whole lot richer. Forbes estimates that Graves has nearly doubled his net worth, to $17.2 billion, on the back of Cane’s banner results.
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1 month ago |
forbescentroamerica.com | Mayra Lopez |Chase Peterson-Withorn
Bukele señaló que El Salvador "no es un país productor de petróleo, productor de gas, no somos un país que imprime su propia moneda", "lo que sí tenemos es nuestra gente, nuestras playas, las montañas, nuestra cultura, nuestras olas, es lo que le podemos ofrecer al mundo", apuntó. El presidente de El Salvador, Nayib Bukele, aseguró este jueves que apostar al turismo “no es una moda” y destacó que el país centroamericano tiene “hermosas playas” para atraer a turistas y “generar desarrollo”.
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1 month ago |
forbes.com.au | Matt Durot |Monica Hunter-Hart |Sylvan Lebrun |Chase Peterson-Withorn
Published on April 2, 2025 The ultra-elite echelon of people with dozen-digit fortunes didn’t even exist eight years ago. Now, a record 15 people make the grade on Forbes’ 2025 World’s Billionaires list, up from 14 last year and six in 2023. For the first time, three of them have a net worth above $200 billion.
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1 month ago |
forbes.com.au | Monica Hunter-Hart |Chase Peterson-Withorn |Sylvan Lebrun
Published on April 1, 2025 Fame and fortune often come hand in hand. But although many celebrities are wealthy, it’s rare for their net worths to stretch all the way to ten figures. Forbes estimates that less than two dozen people on the planet have accomplished that feat. Most obtained their celebrity billionaire status in the last decade.