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Shohei Ohtani's historic payday—despite a playing salary of only $2 million—leads a top ten set to collect an estimated $537 million this year. Read the full story on Forbes: https://www.forbes.com/sites/hanktucker/2026/03/24/the-highest-paid-mlb-players-2026/
Forget the drug discovery hype. Here's how the world's largest pharma company is seeing a payoff from AI right now. Read the full story on Forbes: https://www.forbes.com/sites/amyfeldman/2026/03/07/how-lilly-used-ai-to-crank-up-production-of-its-popular-glp-1s/
Already champions on the field, the Dodgers are now threatening to claim the Yankees' financial crown, with MLB clubs worth $2.9 billion on average. Read the full story on Forbes: https://www.forbes.com/sites/justinteitelbaum/2026/03/20/baseballs-most-valuable-teams-2026/
Luyu Zhang is part of a new wave of Chinese founders who are building at home but betting their companies in America. Read the full story on Forbes: https://www.forbes.com/sites/annatong/2026/02/24/this-middle-school-dropout-built-his-ai-startup-in-china-now-hes-scaling-it-in-silicon-valley/
Alex Kwon's Active makes hardware for some of America's biggest weed brands. He now has his sights set on conquering Europe. Read the full story on Forbes: https://www.forbes.com/sites/willyakowicz/2026/03/13/this-100-million-vape-company-is-a-pillar-of-the-cannabis-industry/
In an exclusive interview, Google's new AI infrastructure chief says the tech giant has a “significant investment” planned. At current levels, Forbes projects it could be a very big number indeed. Read the full story on Forbes: https://www.forbes.com/sites/richardnieva/2026/03/02/googles-data-center-buildout-could-top-1-trillion/
Since the 1980s, the Lorenzen family has grown its protein powder business, Puris, into an AgTech power player. Now the preferred supplier for food brands seeking craveable recipes for GLP-1 users—it's helping America become ‘protein independent Read the full story on Forbes: https://www.forbes.com/sites/chloesorvino/2026/02/26/how-puris-pea-protein-is-fueling-the-ozempic-generation/
When a little-known South Korean company started buying up dozens of supertankers, rumors emerged that the purchases were backed by shipping tycoon Gianluigi Aponte. A Forbes investigation confirmed that Aponte is indeed the true buyer of many of those ships—and with the Iran war sending tanker rates soaring, that now seems to be a well-timed bet.
India-based conglomerate Reliance Industries is backing the first new oil refinery project to be constructed in the U.S. in 50 years.
Many of the teams in the NCAA men's basketball tournament are bankrolled by super-rich superfans. Here is this year's C-Suite 16, with a combined net worth of $365 billion.
As the war in Iran continues into its third week, few oil tankers are making their way through the Straight of Hormuz. Amid oil rationing and shortages, which countries are most in danger of winning the race to empty?
The small group of people worth a dozen digits has hit a record high, just as Elon Musk approaches trillionaire territory.
Amjad Masad's Replit allows users to build apps together like they're doodling on a white board. It also made the Jordanian immigrant a billionaire along the way.
Tesla's robotaxi and humanoid-robot promises remain unproven businesses. Its energy division isn't. And therein lies the company's next bright idea.
Adam Sandler continues to laugh all the way to bankability as Hollywood's top earner. And the youngest-ever newcomer joins the salary A-List this year along with an actress who came out of retirement.
There are two women worth more than $100 billion on Forbes' annual World's Billionaires list.
Abhi Ramesh's grocery delivery startup has grown to $500 million in annual sales as he continues to reimagine how Americans shop for food. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Anthropic saw a surveillance problem and walked. OpenAI saw an opportunity and signed. Now, Sam Altman is under fire for struggling to explain how OpenAI's contract is any safer. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The cast of billionaires who have kowtowed to the President is extensive, including everyone from Jeff Bezos and Mark Zuckerberg to Sundar Pichai and Sam Altman. That's what makes Dario Amodei's refusal to cave so stunning — and may be behind Claude's surge to the top of the App Store. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
By Forbes estimates, the elder Ellison, who is also Oracle's largest shareholder, doesn't have enough cash on hand to fulfill his part of Paramount's $111 billion offer for Warner Bros. Discovery. Here's how it could play out. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Backers project, based on Forbes' billionaires list, that the tax would raise $4.4 trillion over ten years for childcare, housing and a $3,000 per person check to many Americans. Congress and the Constitution stand in the way. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Frasers Property—controlled by Thai billionaire Charoen Sirivadhanabhakdi—has bought part of a prime Singapore shopping mall for S$392 million. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The U.S.' latest attacks may raise gas prices at the pumps, but Trump's military operations have already helped boost shipping billionaire fortunes by $45 billion and counting. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Elon Musk's net worth has surged past $800 billion, setting yet another record and widening the gap between him and the next richest to more than $500 billion. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Through drug trafficking, extortion and human smuggling, El Mencho built a criminal enterprise with no less than $50 billion in assets. Here's how much the founder of the Jalisco New Generation Cartel may have been worth—and what is likely to happen to his fortune. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The Oracle cofounder's official residence is now in Manalapan, Florida, not the Hawaii island that he famously bought in 2012. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Sherrese Clarke, founder and CEO of HarbourView Equity Partners, has turned the music catalogs of top artists—including Bruno Mars, Nelly, and Justin Bieber—into lucrative alternative assets. Now she's doing the same for film, television and sports. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Dozens of nations at the Milan Cortina Games promised their athletes cash for podium finishes, but one country's success puts it in a league of its own financially. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The Victoria's Secret billionaire, who is named as a co-conspirator in a 2019 FBI document, faced members of congress last week. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The second BLK 50 list features the most powerful and wealthiest Black Americans in alternative investments and introduces two new billionaires. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Crispr's ability to cut genetic code like scissors has just started to turn into medicines. Now, gene editing pioneer Jennifer Doudna wants to build an entire ecosystem to bring these treatments mainstream. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Empty land, cheap natural gas and energy-hungry data centers drew Nate Franklin to dream up an 8,400-acre power complex in West Texas. Now all he needs is the $12 billion to build it and the hyperscalers—and he likes his odds. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Chicago's United Center will begin selling THC beverages from Señorita and Rythm this month. But with an existential crisis facing the $28 billion hemp industry, CEO Ben Kovler remains bullish on weed's cannabis cousin in drinks. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
America is entering a new nuclear age without a plan for the waste it creates. Stafford Sheehan's new startup is working with the government to turn it into “unlimited energy” and challenge the incumbents controlled by the governments of France, Russia and China. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Former Israel prime minister Ehud Barak helped the convicted sex trafficker quietly invest $1 million in a police tech startup in 2015. Its founder said the company, which is set to be acquired by Axon for $625 million, wasn't aware of Epstein's involvement. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
As her organic children's food company's begins trading on the New York Stock Exchange, the actress-turned-entrepreneur remains hungry for even more success: “We are shaping the future of food.” See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Influencer marketing has helped AI video company Higgsfield hit $300 million in annual revenue run rate in just eleven months. But misleading marketing tactics and a social media strategy based on shock has led to backlash among creators. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
For several years, Lugano Diamonds was considered a jewel in Compass' investment portfolio. Then came lawsuits, allegations of fraud and theft, restated financials, a bankruptcy filing and a hurried sale. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Milo's sweet tea was first served 80 years ago at a burger counter in Alabama. Third-generation CEO Tricia Wallwork has grown her family's beverage business tenfold by thinking outside the jug. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Billionaire Ron Carson pulled himself out of poverty by building a $55 billion financial advisory giant and teaching other advisors to scale like him. Now, thanks to his own personal coaches, he's changed his name to Omani and found joy. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
As executor of her late brother's estate, Jody Allen led Seattle to its second title. NFL rules, however, may cut short the celebration by forcing the team to hit the market. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Kailera jumped the weight loss miracle-drug line by licensing four clinical-stage obesity therapies from China, which is quickly emerging as a powerhouse pharmaceutical R&D center. After all, why spend millions trying to develop novel medications in the U.S. when Chinese firms have probably already done it for you? See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Autonomous speedboat designer Saronic aims to use its fat warchest to build America's largest shipyard and help the US to once again dominate commercial and military shipbuilding. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The Rivian founder and CEO expects the small SUV R2, priced from $45,000, to be fully competitive with Tesla's top-selling Model Y when sales begin early next year. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Daniella Pierson has cozied up to everyone from Diane von Furstenberg to Selena Gomez, burnishing her image as her businesses unraveled. A case study in how hubris is bad for business. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
President Trump just had the most lucrative year of his life. But percentage-wise, members of his immediate family, including sons Eric, Don Jr. and Barron, did even better. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
In 2000, internet darling Cisco was the world's most valuable company. Today it's worth half as much. AI juggernauts like Nvidia and Palantir are driving the tech-bloated S&P 500 today. Buyer beware. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
As resentment of the rich and powerful surges, billionaires and CEOs are using everything from secret trackers to full security squads to protect themselves and their families. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The convicted sex offender was worth nearly $600 million at his death, thanks mostly to two wealthy billionaire clients—plus generous tax breaks. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
We'll be going on a brief news hiatus for the next week or so, but we will still be delivering daily briefings. From now until January, you'll be able to hear some of our greatest hits of 2025, from our best feature content to our most successful entrepreneurship stories from the past year. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Jack Link's $4 billion family-owned business is the largest manufacturer of jerky in the world, selling 800 million packages of meat snacks and other products a year. But the company namesake and his son are still hungry for more. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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