Forbes Talks

Continuing journalism and reports about business, technology, philanthropy & the universe of entrepreneurship. Forbes writers and editors, industry leaders, celebrities, and more are joining the conversation on Forbes Talks.

  1. Iran Rejects Trump’s Ceasefire Proposal As Deadline Nears

    14 HR AGO

    Iran Rejects Trump’s Ceasefire Proposal As Deadline Nears

    Trump gave Iran a deadline to reopen the Strait of Hormuz or “all Hell will reign down on them.” Trump’s threat comes only hours after Iran rejected a temporary ceasefire proposal, multiple outlets reported. Mojtaba Ferdousi Pour, head of Iran’s diplomatic mission in Cairo, told the Associated Press Iran “won’t merely accept a ceasefire,” adding, “We can only accept an end of the war with guarantees that we won’t be attacked again.” Iran reportedly sent their own peace proposal through Pakistan, multiple outletsreported citing Iranian state media. However, Trump implied the U.S. already rejected this proposal—speaking to reporters at Monday’s White House Easter Egg Roll, Trump called Iran’s offer “a significant proposal,” but immediately added, “it’s not good enough, but it’s a very significant step.” Trump also insisted his deadline of Tuesday night at 8 p.m. EDT for Iran to make a ceasefire deal would be his final deadline—one day after threatening the country’s power plants and bridges. Trump also claimed the U.S. was “obliterating” Iran, and said, “they just don’t want to say ‘uncle,’ they don’t want to cry as the expression goes, ‘uncle,’ but they will,” adding that if they don’t, “they will have no bridges, they will have no power plant, they will have no anything.” Read the full story on Forbes: By Ty Roush http://www.forbes.com/sites/tylerroush/2026/04/06/iran-rejects-trumps-ceasefire-proposal-as-deadline-nears/ Learn more about your ad choices. Visit megaphone.fm/adchoices

    3 min
  2. Donald Trump Is Worth Over $6 Billion

    1 DAY AGO

    Donald Trump Is Worth Over $6 Billion

    Follow Forbes Talks  Everyone has an opinion, but Forbes has the answer: $6.5 billion, according to our most recent tally, updated in March. Trump added $1.4 billion over the past year, leveraging the presidency for profit. Trump’s Cryptocurrency and Liquid Assets: $2.1 billion FORBES ESTIMATE AS OF MARCH 2026 Spencer Platt/Getty Images The president is flush with cash, having collected hundreds of millions from cryptocurrency sales and an estimated $200 million more, after tax, from selling a chunk of one venture, reportedly to an Emirati royal. Those earnings added to a stockpile he had already been accumulating by selling his Washington, D.C. hotel and refinancing a San Francisco office complex. Trump launched a memecoin days before his second term began, capitalizing on the buzz surrounding his inauguration. A portion of his coins now unlock on a daily basis, though their value has fallen by almost 70% since a year ago.  The Trump family’s primary crypto project, World Liberty Financial, got off to a rocky start. Things accelerated after Trump won the election and Sheikh Tahnoon bin Zayed Al Nahyan, a United Arab Emirates royal, reportedly arranged a purchase of almost half the company in January. Buyers have now snapped up more than $1 billion of tokens. The Trump family kept a pile for themselves, which Forbes discounts while they remain locked up. World Liberty Financial also launched a stablecoin, USD1, which ties to the dollar and allows people to make crypto transactions with limited volatility. It’s not a new idea. “Everybody can mint a stablecoin,” says Matt Zhang, the founder of digital-asset firm Hivemind. “The difficult part is how you drive adoption.” A firm created by the UAE’s president offered some help to Trump’s venture, agreeing to use USD1 to make a $2 billion investment in a major crypto exchange. A publicly traded firm named Alt5 purchased a bundle of World Liberty tokens in August 2025. The deal left the Trump family with a bunch of cash and World Liberty with a small stake in Alt5. From a financial standpoint, Trump’s social media venture is one of the most absurd businesses in America, generating sales of just $3.7 million in 2025 and recording a net loss of $712 million. The company is scrambling to find a business model: It became a Bitcoin treasury in May, announced a merger with a fusion power company in December and published potential plans to spin off Truth Social in February. Thanks to Trump-loving traders, shares remain at head-scratching levels, but have lost over 80% of their value since the company went public, driving down the value of the president’s stake.  Trump’s golf game took off after he left the White House the first time. Estimated operating profits at his clubs jumped from $19 million in 2020 to $66 million in 2024. The private club has benefited from politics more than any other property, something Trump foreshadowed in a 2016 deposition. “The manager told me recently, he said, ‘Boy, it is actually the best year we’ve ever had at Mar-a-Lago.’ And I was looking at the numbers. I said, ‘What do you attribute this to?’ He said, ‘The campaign.’” Since then, business has only gotten stronger. The indebted Florida golf resort lost much of its northeastern clientele after Trump got into politics, nearly putting it underwater. But plenty of new customers arrived in the aftermath of the Covid-19 pandemic, pushing estimated profits to $25 million, double their best year during Trump’s first term. Liquid assetsNet value: $1.3BMemecoin tokensNet value: $393MWorld Liberty Financial tokensNet value: $175MStablecoin BusinessNet value: $242MAlt5Net value: $400,000Truth Social’s Parent Company: $1.2 billionFORBES ESTIMATE AS OF MARCH 1, 2026Trump Media and Technology GroupNet Value: $1.2B🌴🏌️‍♂️Trump’s Golf Clubs And Resorts: $1.5 billionFORBES ESTIMATE AS OF MARCH 2026U.S. golf clubsTotal value: $638MLiabilities: Est. $89MNet value: $549MWhat Trump owns: 10 courses in 6 statesMar-a-LagoTotal value: $596MLiabilities: Est. $32MNet value: $564MWhat Trump owns: Private club in Palm Beach, Fla. Trump National Doral MiamiTotal value: $390MLiabilities: Est. $135MNet value: $255MWhat Trump owns: ResortThree European golf propertiesTotal value: $116MDebt: $0Net value: $116MWhat Trump owns: Two golf resorts in Scotland, one in IrelandThe Trump Organization declared losses of more than $100 million at its European golf resorts, according to an analysis of records from Ireland and the United Kingdom. Business has picked up recently. Read the full story on Forbes: By Dan Alexander and Kyle Khan-Mullins https://www.forbes.com/sites/danalexander/article/the-definitive-networth-of-donaldtrump/ Learn more about your ad choices. Visit megaphone.fm/adchoices

    8 min
  3. Inside the Business of Usher’s $1M Detroit Innovation Hub

    2 DAYS AGO ·  BONUS

    Inside the Business of Usher’s $1M Detroit Innovation Hub

    Follow The Enterprise Zone  Detroit is the starting point for a national movement if Usher Raymond IV gets his way. The Multi-Grammy-Award-winning artist is issuing a direct challenge to global entrepreneurs and local leaders: stop "taking" from cities and instead match his seed investment to uplift the creators of tomorrow exactly where they are today. This landmark $1 million partnership with the Boys and Girls Club inside the historic Michigan Central station serves as a first-of-its-kind model for "Participation over Preparation." The 15,000-square-foot space, which opened last month, is inside The Station at Michigan Central. The entire fifth floor is dedicated to young creators interested in digital content, fashion, film, video production, and music. For Usher and fellow Boys & Girls Club alum Big Sean, this hub is a calculated rejection of traditional gentrification. The goal is not to encourage children to leave their hometowns to find success, but to provide them with world-class tools—from virtual production studios and special effects labs to autonomous drone training—to build massive businesses within their own neighborhoods. This tall task aims to impact one million Black creators by 2050 and scale to 500 hubs nationwide, proving that when you invest in local "opportunity zones" with authentic mentorship, you don't just change a life—you help shape a city's future. Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1 Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more: https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript Stay Connected Forbes newsletters: https://newsletters.editorial.forbes.com Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter: http://www.twitter.com/forbes Forbes Video on Instagram: http://instagram.com/forbes More From Forbes: http://forbes.com Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success. Learn more about your ad choices. Visit megaphone.fm/adchoices

    10 min

About

Continuing journalism and reports about business, technology, philanthropy & the universe of entrepreneurship. Forbes writers and editors, industry leaders, celebrities, and more are joining the conversation on Forbes Talks.

More From Forbes