Forbes Talks

The 2024 Midas List features 13 women investors, matching 2021’s record number. They include No. 99 Annabelle Yu Long, a China-based newcomer at BAI Capital, and No. 86 Annie Lamont, Connecticut’s First Lady and cofounder of Oak HC/FT, appearing for the fifth time, but her first in nine years.A data-driven ranking, the Midas List is produced annually from a combination of public data sources and the submissions of hundreds of investment partners across dozens of firms. To qualify, investors are ranked by portfolio companies that have gone public or been acquired for at least $200 million in the past five years, or that have at least doubled their private valuation to $400 million or more over the same period. Forbes and TrueBridge allow firms to share credit for a deal between up to two investors, and put a premium on liquid exits over unrealized returns. Early stage investors who deliver large multiples on money invested, and later-stage investors who return large sums of cash, can both make the list. Top Midas investors typically achieve both, across a dozen or more eligible investments.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The Palo Alto investing startup hasn’t raised its rock-bottom fees since its inception, yet it has found a way to build a sustainable business.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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=597eaabb70efSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Matt Craig a reporter at Forbes, joins Forbes talks to break down the disappointing holiday weekend box office. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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/See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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.)See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On "Forbes Talks," attorney John M. Phillips joined Forbes Senior Law Editor, Liane Jackson, to discuss former President Trump's NYC hush money trial, the Trump team's approach to Michael Cohen, the cases he is working on, and more.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

After years of turbulence, including jail time for the founders of the two biggest cryptocurrency exchanges, many providers are getting serious about controls and regulation. Coinbase leads our list of the 20 most trustworthy marketplaces in an industry that still requires caution.Forbes reporter, Nina Bambysheva and Javiar Paz discuss the top crypto names and market-places. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.