Tag Archives: Forbes

Forbes reports: From the time he entered the White House in January 2017 to his departure a few months ago, Donald Trump’s fortune fell by nearly a third, from $3.5 billion to $2.4 billion. The S&P 500, meanwhile, increased 70%. By refusing to divest his portfolio upon taking office, Trump bogged down his presidency with ethics issues for years, while …

“I’ll be working on designs and looking at references from 3,000 years ago and reading the Old Testament at the same time. So it’s like a soundtrack to the visuals of the shapes and the ideas and ideals of what we’re creating. A lot of my creative friends, I tell them like the Bible is better than Pinterest. You can …

Forbes reports: Jay-Z has accumulated a fortune that conservatively totals $1 billion, making him one of only a handful of entertainers to become a billionaire—and the first hip-hop artist to do so. Jay-Z’s steadily growing kingdom is expansive, encompassing liquor, art, real estate (homes in Los Angeles, the Hamptons, Tribeca) and stakes in companies like Uber. To calculate his net …

The CBC reports: Jonathan Greenberg knew Donald Trump was lying to him when he placed him on the Forbes list of America’s richest people, but he didn’t know the magnitude of Trump’s lies until this week. The Times report shows Trump suffered massive losses, a total of $1.17 billion US from 1985 to 1994. Through five of those years, Forbes …

Forbes reports: Capitalism is taking some lumps—and not just in the headlines. For only the second year in a decade, both the number of billionaires and their total wealth shrank, proving that even the wealthiest are not immune to economic forces and weak stock markets. By our latest count there are 2,153 billionaires, 55 fewer than a year ago. Of …

CNBC reports: President Donald Trump, who has long bragged about his success and wealth, has dropped more than 100 spots on Forbes’ list of the wealthiest people in the United States. Trump’s net worth has dropped from $4.5 billion in 2015 to $3.1 billion in the last two years, Forbes reported. The magazine also said that the drop has knocked …

Jonathan Greenblatt writes for the Washington Post: In May 1984, an official from the Trump Organization called to tell me how rich Donald J. Trump was. I was reporting for the Forbes 400, the magazine’s annual ranking of America’s richest people, for the third year. In the previous edition, we’d valued Trump’s holdings at $200 million, only one-fifth of what …

Forbes reports: One year after taking office, President Donald Trump’s fortune is down an estimated $400 million to $3.1 billion on the latest Forbes World’s Billionaires list. What caused the year-over-year decline? Markets are partially to blame—retail real estate in New York City continues to struggle—but the president’s polarizing personality is costing him business as well. The value of Trump’s …

Buzzfeed News reports: The striking similarity between a newly-released Treasury Department report of Russian oligarchs and a 2017 list of wealthy Russians published in Forbes Magazine is no coincidence. On Tuesday, a Treasury Department spokesperson confirmed to BuzzFeed News that the unclassified annex of the report was derived from Forbes’ ranking of the “200 richest businessmen in Russia 2017.” The …

Mother Jones reports that in 2009 when porn star Stormy Daniels was considering a challenge to then-Sen. David Vitter, consultants were provided a list of prospective donors to her campaign. Let’s pick up the story near the end: This email was sent to Andrea Dubé, a Democratic political consultant based in New Orleans. In response, Dubé expressed surprise that Daniels …

Forbes reports: A tough New York real estate market, a costly lawsuit and an expensive presidential campaign all contributed to the declining fortune of the 45th president. After months of digging through financial disclosures and public property records and conducting dozens of interviews, Forbes now estimates POTUS’ net worth at $3.1 billion, down from $3.7 billion a year ago. He …

FAKE NEWS! The BBC reports: Microsoft founder Bill Gates again tops Forbes’ list of the world’s richest people, in a year when the number of billionaires rose 13% to 2,043. According to the magazine’s annual rich list, Mr Gates’ fortune rose to $86bn, from $75bn, followed by investor Warren Buffett, up $14.8bn to $75.6bn. It was bad news for US …

1. Vladimir Putin, President of Russia 2. Barack Obama, President of the US 3. Xi Jinping, President of China 4. Pope Francis, Head of the Roman Catholic Church 5. Angela Merkel, Chancellor of Germany 6. Janet Yellen, Chair, Federal Reserve System 7. Bill Gates, Co-chair, Gates Foundation 8. Mario Draghi, President of European Central Bank 9. Sergey Brin and Larry Page, Google 10. David Cameron, UK Prime …

Forbes reports that seven of the world’s billionaires are openly LGBT. With a combined net worth of nearly $16 billion, the select group of LGBT ten-figure fortunes includes media mogul David Geffen, PayPal cofounder Peter Thiel and Hyatt hotel beneficiary Jennifer Pritzker, one of the Pritzker family’s 11 billionaires. In August 2013, Jennifer became the first and only transgender billionaire …

The Daily News reports: The leader of the free world is playing second fiddle to Vladimir Putin. The Russian autocrat knocked President Obama off the top spot in Forbes’ fifth annual ranking of “The World’s Most Powerful People.” Putin got the honor by outfoxing Obama by granting asylum to National Security Agency leaker Edward Snowden, who has been spilling U.S. …

Forbes writes: The combined wealth of the Forbes’ 2013 ranking of the richest people in America is $2 trillion, up from $1.7 trillion in 2012 and the highest ever, due in part to the strength of both the U.S. stock and real estate markets. The average net worth of a Forbes 400 member is a staggering $5 billion, the highest …

From the annual ranking just issued by Forbes: Madonna‘s latest album, MDNA, was a flop. Her 12th studio album, Madonna sold fewer than 1 million copies of MDNA in the U.S. and the singles, like “Give Me All Your Luvin,” failed to impress on the pop music scene. But the tour that the Material Girl launched to go along with …

According to Forbes Magazine, there are presently 1342 billionaires in the world. Other notables on the list: Michael Bloomberg (#13, $27B), Jeff Bezos (#19, $25B), Sergey Brin (#21, $23B), George Soros (#30, $19B), Mark Zuckerberg (#66, $13B), Rupert Murdoch (#91, $11B), Giorgio Armani (#131, $8B),  Donald Trump (#423, $3B),  Oprah Winfrey (#503, $3B), and Peter Thiel (#931, $1.6B).

Forbes has posted its annual ranking of the estimated 2012 incomes for the world’s highest-paid musicians. Here’s their top ten. 1. Dr Dre – $110M 2. Roger Waters – $88M 3. Elton John – $80M 4. U2 – $78M 5. Take That – $68M 6. Bon Jovi – $60M 7. Britney Spears – $58M 8. Paul McCartney – $57M 9. …

According to Forbes Magazine, the Upper East Side’s 10065 zip code is the most expensive place to live in the United States, with a median home price of over $6.5M.  All of the top ten are in New York or California, with the exception of Alpine, northern New Jersey’s hip-hop studded home to Sean Combs, Jay-Z, Beyonce, Russell Simmons, and …