Four of Trump's kids are now worth at least an estimated $100 million. They can thank the presidency.
New story out this morning breaking it all down. forbes.com/sites/danalexa…
Donald Trump's net worth is up $3 billion in the last year, vaulting him 118 spots on the Forbes 400. He can thank the presidency. forbes.com/sites/danalexa…
There's a lot of speculation on how Jeffrey Epstein got so wealthy. But @John__Hyatt and I dug into court filings, financial records and investigations and what's clear is that it's largely down to two billionaire clients and tax breaks. Read @forbes:
forbes.com/sites/giacomot…
Childhood friends Xavier Aguera, Charles Brun and Quentin Couturier started selling chic, inexpensive reading glasses in banks fifteen years ago. Today, Izipizi is in 85 countries and is finally ready to conquer America. on.forbes.com/60104UkjO
1/ The Beretta family has sold firearms for 499 years. But it became the world's largest gunmaker by not sticking to its guns, expanding into scopes, clothing and now ammo. I profiled the family's 15th generation CEO Pietro Gussalli Beretta for @Forbes:
forbes.com/sites/giacomot…
In December, I made a couple of trips to Miami to sit down with Michael Saylor and dissect the $MSTR phenomenon: a 60x-plus valuation surge in four years, tens of billions raised through equity and zero-interest bonds, and volatility so high bond traders are apparently feeling like they are in a crypto casino. Plus an army of fans, skeptics and, more importantly, imitators.
The bull case: "Volatility is the product." But what does that actually mean? And the counter-argument of "Just buy an ETF"? How does Saylor square all this with a career that once pitted him against Microsoft?
Here's the story: forbes.com/sites/ninabamb…
Many thanks to everyone who shared their insights (even if you didn’t make it in), especially to @dgt10011 for helping connect the dots and add depth to this story.
Scoop from me:
Ex-Google CEO Eric Schmidt has been quietly working on a new AI project called "Hooglee."
The stealth startup is being incubated by his family office and focuses on AI video generation and "creating meaningful connections" potentially through a social platform.
Kelly Loeffler, Trump's pick to lead the Small Business Administration, describes herself as an entrepreneur whose work ethic propelled her from a simple family farm to the upper echelons of finance and politics. The truth is more complicated. forbes.com/sites/danalexa…
1/ Hours after his announcement at a press conference with Donald Trump at Mar-a-Lago, where he promised to invest $20 billion into U.S. data centers, I spoke with Dubai real estate billionaire Hussain Sajwani about his plans and his friendship with Trump.
forbes.com/sites/giacomot…
"Patriotism, ego, access." "A reverse 'New Deal.'" "A chance to see change."
I spoke to a few early applicants to DOGE, the incoming agency led by Elon Musk and Vivek Ramaswamy. From CEOs to college coders, they said they're willing to drop everything to move to D.C. full-time.
New:
The Inside Story Of Scott Bessent’s Ascent To Possible Treasury Secretary Nominee
“Scott is a student of Stan Druckenmiller. He likes to take big bets with limited downside.”
forbes.com/sites/johnhyat…
#Trump’s win has been good for $PLTR shareholders, especially its two new billionaire cofounders.
Read my latest for @Forbes—on who is profiting from a key public-private partnership and why @PalantirTech's perceived market value has increased so much:
forbes.com/sites/phoebeli…
"Why Matt Gaetz’s Resignation May Not Block Release Of Ethics Report"
Forbes found 5 examples where lawmakers or House staff publicly shared details about ethics investigations involving members or staffers who had resigned or were on their way out.
forbes.com/sites/zachever…