FORBES

Musk, whose purchase of Twitter has put him under global scrutiny, lost his spot as the world’s richest person in December when the value of Tesla plunged.

Musk's loss shattered the previously existing world record: a $58.6 billion loss by Japanese investor Masayoshi Son in 2000.

LVMH CEO Bernard Arnault passed Elon Musk to become the world's wealthiest person at the end of 2022. He used lessons from Warren Buffett and Steve Jobs to do it.

U.S. billionaires' net worth shrank the most compared to those in other countries, reports Forbes. Here's how much money the country's richest lost in 2022.

The departures add to a company's struggles to finalize the deal.

With the defunct cryptocurrency FTX founder Sam Bankman-Fried's arrest, many are looking closer at those who championed the cause and accepted payments.

Twitter's new owner falls down a rung in wealth rankings for the first time since overtaking Jeff Bezos in 2021.

Twitter's new owner falls down a rung in wealth rankings for the first time since overtaking Jeff Bezos in 2021.

The city’s building department is looking into whether the bedrooms violate the building code, adding that “no one is above the law.”

Trump failed to disclose the loan, which was paid off months after he took office, Forbes reported.

Politicians from both parties are raising the alarm against the dangers of TikTok after a new expose showed an effort by China to influence U.S. politics.

A LinkedIn study found the Short Tenure Rate is up almost 10% in the past year.

Russia has used the Kinburn Spit to fire missiles at Ukraine's Black Sea coast and control the Dnipro river mouth. Ukraine is now trying take it back.

Estée Lauder, a cosmetic company that owns several other brands like MAC and Clinique, bought the Tom Ford brand in a deal worth $2.8 billion finalized this week.

Around 1,000 people have been told to evacuate a town in eastern Australia expecting its second flood in two weeks

Bezos, whose "real-time" worth Forbes magazine estimates at roughly $124 billion, made the announcement in a joint CNN interview with his girlfriend.

In January, Musk had an estimated worth of $304.2 billion, Forbes estimated.

The parent company of Facebook is slashing about 13% of its workforce. >> Read more trending newsMeta CEO Mark Zuckerberg, in a letter to employees, announced the layoffs of about 11,000 people, citing sinking revenue and other issues in the tech industry, The Associated Press reported. But other tech companies have also announced layoffs after they increased the number of employees during the COVID-19 pandemic. “Unfortunately, this did not play out the way I expected,” Zuckerberg said in a statement, according to the AP. Things You Didn't Know: Mark Zuckerberg Things You Didn't Know: Mark ZuckerbergExpand Autoplay Image 1 of 16 Photos: Facebook CEO Mark Zuckerberg through the years Here are some memorable moments from Facebook co-founder and CEO Mark Zuckerberg's life in the public eye.

If you’re feeling the pinch of inflation, you might be considering asking for a raise. These scripts will help you figure out exactly what to say.

The second and final total lunar eclipse of 2022 will occur on Nov. 8, which happens to be Election Day. There’s a total lunar eclipse coming up the morning of November 8th. The partial eclipse will end at 7:49 a.m. EST while the penumbral eclipse ends at 8:56 a.m. EST. EarthSky says that, unlike a solar eclipse, a lunar eclipse can be viewed by the naked eye or with binoculars or telescopes. There will be a partial lunar eclipse on Nov. 3, 2218, which should be Election Day, and another one on Nov. 4, 2245.

Forbes shares income information on 13 departed celebrities, coming from posthumous catalog sales, business deals, license acquisitions and more.

Ye, who is also known as Kanye West, was escorted out of the Los Angeles office of shoe company Skechers, the company said.

Las Vegas Raiders owner Mark Davis could soon have a very famous co-owner. Los Angeles Lakers legend-turned-businessman Magic Johnson is in talks to purchase a minority stake in the Raiders, according to Semafor's Liz Hoffman. The deal would reportedly come at a price that would set a new record for team valuation. Magic Johnson's growing sports/business portfolioIf Johnson successfully buys into the NFL, it will be yet another addition to his massive business portfolio. Johnson previously held a stake in the Lakers until 2010 and the Dayton Dragons, a minor league baseball team, until 2014.

TikTok, owned by Chinese firm ByteDance, on Friday denied that it used specific location data to track certain U.S. individuals.

In response to a media report, the firm said it does not collect precise location data from US users.

TikTok parent company ByteDance, which is based in China, reportedly planned to track individual U.S. citizens' locations, according to Forbes.

Forbes, and market research company Statista, surveyed 150,000 full-time and part-time workers from 57 countries to determine the world's best employers.

22 Kentucky topped No. Rodriguez achieved season highs in yardage and carries (30) in his third game back from a suspension. THE TAKEAWAYMississippi State: The Bulldogs entered the game clicking in all phases and averaging over 40 points during their three-game winning streak. The ground game managed just 22 yards. Kentucky: The Wildcats looked more whole with Levis back and Rodriguez adding another solid performance.

Chris Rodriguez Jr. rushed for 196 yards and two second-half scores, Will Levis returned from a one-game absence to throw a go-ahead touchdown pass and No. 22 Kentucky topped No. 16 Mississippi State 27-17.

The latest true crime streaming show is criticised by some - but achieves huge viewing figures.

The NBA star's investment in a pro pickleball team is just a sliver of his budding commercial empire.

For the first time since 2009, the 400 richest people in America lost money this year as a group, according to Forbes magazine.

The former president, who fell out of the rankings last year, has been helped by his Truth Social investment.

Gautam Adani's fortune lies somewhere between $147 billion and $152 billion, according to lists maintained by Forbes and Bloomberg.

Gautam Adani's fortune lies somewhere between $147 billion and $152 billion, according to lists maintained by Forbes and Bloomberg.

>> Read more trending newsAn outbreak of avian flu has killed 4.5 million turkeys, or about 2.5% of the turkey population destined for the dinner table in the U.S., Forbes reported. The first case was found in a backyard flock in May, according to the Wisconsin Department of Agriculture and Bloomberg. Last Thanksgiving, the cost for a 16-pound turkey was about $23.99 on average, or about 24% higher than in 2020. Butterball, on the other hand, sources its turkeys from the South, where there the outbreak was not as widespread. The company said that it plans to have more turkeys for sale this year compared to last year’s supply, Forbes reported.

Reality TV star is the latest celebrity to build on her billion dollar brand in private investments.

The James Webb Space Telescope has found a strange exoplanet shrouded in clouds made of sand-like silicate grains.

The proceeds of the largest art auction ever will go to charity, Christie's auctioneers said.

American Business magazine Forbes, has ranked UCF the No. 20 best-in-state employer in Florida, making it the only university to do so in the sunshine state. Forbes ranking comes after considering thousands of institutions and companies that were considered for each state including NASA, Google and Lockheed Martin. Respondents were also asked how likely they would recommend the employers they work for to others. “We want UCF to be the best place to learn and work, and that starts with a culture of compassion, inclusion, respect and free expression.”

An apparent Facebook glitch left many social media users scratching their heads overnight as comments on celebrities’ pages flooded their news feeds, CNET and Forbes are reporting. Other users around the world shared similar complaints about Facebook on Twitter, eventually causing #FacebookHacked to become a trending topic, according to ITV. Forbes reported that there was “no evidence” of a hack. DownDetector, a website that tracks complaints about popular websites, reported possible problems with Facebook beginning at 2 a.m. EDT Wednesday. “We’re aware that some people are having trouble with their Facebook Feed,” the statement read.

An “investor with a Midas touch” and a passion for “everything Indian,” he went on to create the wide-reaching asset management firm Rare Enterprises.

Bette Davis' former Laguna Beach home This Normandy-style estate built into one of Laguna Beach’s famous cliffs in 1929 once belonged to silver screen icon Bette Davis and recently sold for $15.25 million. (Pacific Sotheby’s International Realty)LAGUNA BEACH, Calif. — The 5,472-square-foot French Normandy-style home built into a Laguna Beach bluff in 1929 and once owned by silver screen icon Bette Davis sold recently for $15.25 million. >> Read more trending newsThe six-bedroom, eight-bath estate with stairs to the beach below first listed in April 2019 for nearly $20 million, Forbes reported. Although Davis vacated the property in 1950, locals still refer to it as The Bette Davis House. It was designed by Laguna Beach artist and architect Aubrey St. Clair, who was responsible for a number of grand waterfront homes designed for area A-listers.

Less than two weeks after killing the popular Choco Taco, Klondike is exploring options to bring it back to ice cream trucks.

The Mega Millions is up to $810 million, leading tons of Americans to purchase tickets to grab their share of the hopeful pot.

A company affiliated with Larry Ellison bought a property near Palm Beach in an off-market deal. The billionaire also owns most of a Hawaiian island.

Woods joins LeBron James and Michael Jordan as the only billionaire athletes,

James is the first active NBA player to achieve the milestone, according to Forbes.

A 25-year-old college dropout who has inked deals with the U.S. military to help them harness artificial intelligence is now reportedly the world’s youngest self-made billionaire. Alexandr Wang, who appeared on the Forbes’ 30 Under 30 list in 2018, is co-founder and chief executive officer at Scale, a San Francisco-based startup that helps companies generate high-quality data for AI applications. Last April, a $325 million funding round doubled Scale’s valuation to $7.3 billion in just over four months.

The Federal Bureau of Investigation (FBI) uncovered a plot by an alleged ISIS operative to assassinate former President George W. Bush, Forbes reported Tuesday, citing an FBI search warrant. The alleged plot was uncovered after the suspect revealed information about his plans and asked a confidential FBI source to “obtain replica or fraudulent police and/or…

Snapchat: What you need to know (NCD)Graduates from Otis College of Art and Design got more than just their diplomas this weekend. >> Read more trending newsSnapchat co-founder Evan Spiegel and his wife Miranda Kerr have paid the student debt for more than 200 students, the entire 2022 graduating class at the school, the Los Angeles Times reported. https://t.co/lFI51xHeVV — Otis College of Art and Design (@OtisCollege) May 16, 2022Otis president Charles Hirschhorn made the announcement to the approximately 285 graduates, Forbes reported. While Spiegel created the instant messaging app with two classmates from Stanford University, he attended summer classes at Otis while he was in high school. Spiegel and Kerr received honorary degrees from the arts school along with Bobby Berk, a design expert and a host of “Queer Eye,” Forbes reported.

The Super Bowl will include a spectacular halftime show, as usual.

The editor of Forbes magazine says he testified Thursday before a grand jury hearing evidence in a criminal investigation into former President Donald Trump and his business practices, answering questions about a magazine article examining whether the former president inflated his wealth.

The Florida Highway Patrol is looking for the driver of a white BMW who may have been street racing with a motorcyclist prior to a deadly crash in Orange County on Sunday.

ORLANDO, Fla. – With the surge of coronavirus cases in Florida comes the need for a greater demand of convalescent plasma donors. His wife said he had been on life support and no other treatments seemed to have work until he received convalescent plasma. One Blood also does antibody testing when you donate blood. If your result is positive, you could be a potential convalescent plasma donor. To register to become a convalescent plasma donor, visit oneblood.org.

A health care venture created in 2018 by the three corporate giants to attack soaring care costs will shutter only a couple years after launching. (AP Photos, File)INDIANAPOLIS – A health care venture conceived by Amazon, Berkshire Hathaway and JPMorgan to attack soaring costs is dissolving. Haven, which was formed in 2018 by the three U.S. corporate giants, will cease operations by the end of February, a company spokeswoman said Monday. Health care costs have grown faster than wages and inflation for years, stressing families and employers. It started new designs for health care benefits that eliminated patient out-of-pocket payments like deductibles and coinsurance and encouraged access to primary care.

Sofia Vergara is the world’s highest-paid actress, according to Forbes. The star reportedly made $43 million this year thanks to her small-screen roles. Forbes reports Vergara made more than $500,000 dollars per episode for her role on ABC’s “Modern Family.”She also inked a deal as a judge on “America’s Got Talent” worth at least $10 million each season. In second place was Hollywood veteran Angelina Jolie who made a reported $35 million this year. The $31 million Gal Gadot was allegedly paid in 2020 which puts her in the third spot on Forbes' list.

As Americans continue to cope in a new normal, lawmakers on Capitol Hill continue to discuss what could be the next stimulus package to help families during the pandemic. According to Sen. Lindsey Graham, half of Republicans will vote “no” on the new stimulus package, Forbes reported. The new $1 trillion stimulus package dubbed the HEALS Act (Health, Economic Assistance Liability Protection & Schools Act) follows the CARES Act, the $2.2 trillion stimulus package Congress passed in March. Graham, a Republican from South Carolina, told Fox News that, “half of the Republicans are going to vote ‘no’ on any more aid. CNBC reported the Senate will be releasing the full details on the second stimulus bill this week.