Forbes Talks Forbes

President Joe Biden borrowed at least $50,000 against a line of credit on his vacation home last year, according to his annual financial disclosure, which the White House released on May 15.




Read the full story on Forbes: https://www.forbes.com/sites/zacheverson/2024/05/15/biden-borrowed-at-least-50000-via-home-equity-loan-new-disclosure-reveals/?sh=597eaabb70ef

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It was a record-breaking year for these queens of capitalism, as their combined fortunes soared by nearly one-fourth to $154 billion and the minimum to make the list jumped more than 35%.




The country’s most successful women have found dozens of ways to prosper. Nearly three-fourths of the 100 women on the list started or confounded a company, while 22 are chief executives or co-chief executives. A healthy stock market helped push the combined fortunes of members of Forbes’ tenth annual list of America’s Richest Self-Made Women to a record $154 billion, up nearly 25% from last year. The minimum to qualify rose to $300 million, up from $225 million last year, the highest since Forbes started tracking the top 100 in 2020. Seventy-three members are richer than they were in 2023, while just ten saw their fortunes fall.







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Matt Craig a reporter at Forbes, joins Forbes talks to break down the disappointing holiday weekend box office.

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Ex-NBA player Mustafa Shakur, who previously played for the Washington Wizards and Oklahoma City Thunder, launched a sports nutrition startup called Pure Fuel. He joined Forbes senior writer Jabari Young at the Nasdaq MarketSite to discuss the startup's hydration drink.







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Sanctions after the invasion of Ukraine sent tanker values soaring, boosting the fortunes of these Greek maritime moguls to record highs and minting at least seven new 10-figure fortunes.




Forbes estimates there are now at least 12 shipping billionaires in Greece, more than at any other time in history. Seven of them are making their debut in Forbes’ billionaire ranks. They are worth a collective $32 billion—the equivalent of roughly 12% of the country’s gross domestic product.




These tycoons are the latest in a line of swashbuckling pioneers hailing back to iconic figures like Aristotle Onassis and Stavros Niarchos, who launched the global oil tanker trade after World War II and became famous for their glamorous marriages and lifestyles. This newer group has been in shipping for decades but kept a lower profile. (Despite their success, none would speak to Forbes, while their representatives either declined to comment or did not respond.)

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Trump Media’s strategy to attack short sellers and prop up its swooning stock price may be futile, experts warn. Forbes money in politics reporter Kyle Mullins joins Brittany Lewis to discuss.




Read the full story on Forbes: https://www.forbes.com/sites/kylemullins/2024/04/26/truth-social-wants-wall-street-to-stop-shorting-its-stock-good-luck/

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