The Importance of Being a Billionaire

Forbes was just acquired for $800 million by a young billionaire. Forbes, if you have money, will be around for a long time. They don't really have a business. But here's the bottom line. People in an era where fake news or parsing other people's news is so popular that they're willing to take risks on their own safety and well-being. The discerning consumer doesn't want to read short form fact checked original journalism from free sources such as Google.