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Thanks to a combination of growth and fervor, Palantir’s share price has shot up more than 50% since election night. That jump coincided with Palantir’s strong quarterly earnings report, in which it reported a 40% increase in revenue from U.S. government customers and a new government contract drove the company’s quarterly revenue to an all-time high of $726 million.
Palantir’s stock price surge has made Joe Lonsdale and his cofounder Stephen Cohen, both 42, new billionaires.
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The 39-year-old racing legend’s fame gets him in the door with the world’s top investment firms. Now he’s betting that access can pay off for wealthy Europeans looking for a way into Silicon Valley.
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Some employees have argued political posts are good for business, and urged the company to loosen its political ads ban. Others worry politics could poison TikTok’s magic.
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Donald Trump is known to surround himself with the rich and famous. As he prepares to reenter the white House, he'll bring with him a new group of billionaires, business leaders and entertainers. Forbes identified 13 of them who are poised to shape his second presidential administration.
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Eric Trump, an executive vice president of the Trump Organization, gets most of his fortune from running his dad’s companies rather than equity in the businesses. Meanwhile, the former president’s eldest child still helps run the family business, but has been finding ways to cash in on politics in recent years.
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Within months of becoming president in 2017, Donald Trump faced questions about the money behind his golf empire. The intrigue started with a comment from a golf writer, who claimed that Trump’s son Eric said his father got all the funding he needed out of Russia. That story, which Eric denied, caught the attention of people scrutinizing Trump’s business, including the founder of the firm that helped produce the Steele dossier, who hinted at possible money laundering in November 2017 testimony before the House Intelligence Committee.
Rumors of money laundering have circled Donald Trump’s golf business for years. Forbes Senior Editor, Dan Alexander, uncovered the true source of the funds.
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Andre McGregor, the CEO of ForceMetrics, joins Forbes senior writer Jabari Young at the Nasdaq MarketSite to discuss a $22 million capital raise for his software startup. ForceMetrics investors include Star Wars creator George Lucas, and his wife, Mellody Hobson, co-CEO of Ariel Investments, and billionaire Charles Koch.
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Mark Surman, president of the Mozilla Foundation, joins Forbes Talks to discuss the importance of open-source AI. Surman explains why consumers should care about the AI they’re using, highlighting the risks of closed-source AI systems. Surman delves into privacy implications and shares insights into companies prioritizing user privacy in their AI practices.
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The former Republican Congressman has cashed in as CEO of Trump Media & Technology Group despite the fact it’s losing money and the stock has sunk.
Read the full story on Forbes: https://www.forbes.com/sites/zacheverson/2024/10/14/devin-nunes-earned-running-truth-social-trump-media/
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Michael Connelly, the prolific author and executive producer, has reached a remarkable milestone with three simultaneous book-to-film adaptations. Connelly shares insights into his creative process, the challenges of adapting his novels for television, and his experiences in Hollywood.
With the upcoming release of his new book, “The Waiting,” on October 15th, and the highly anticipated premieres of “The Lincoln Lawyer” Season 3 on Netflix and “Bosch: Legacy” Season 3 on Prime Video, Connelly continues to captivate audiences across multiple media. He discusses the evolving landscape of the entertainment industry, the impact of the recent writers’ strike, and the importance of staying true to his characters.
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Businessman and former Navy SEAL Tim Sheehy has collected plenty of wealthy backers as he tries to unseat Sen. Jon Tester, the most vulnerable member of the Democratic caucus.
Read the full story on Forbes: https://www.forbes.com/sites/kylemullins/2024/10/10/here-are-the-top-billionaires-trying-to-keep-montanas-senate-seat-blue/
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Yvett G joins Forbes Talks to discuss how her hobby turned celebrity heads and earned her the position of Creative Director at Nicki Minaj’s nail brand Pink Friday Nails.
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Genetic factors play a role in as much as 10% of all cases of breast and ovarian cancer. And yet, according to a new study published in the Journal of the American Medical Association, there is a significant number of patients who are not aware that they carry genetic risk factors for these diseases. Joseph Grzymski, the Chief Genomics Officer for Renown Health--which helped spearhead the study--spoke to ForbesWomen editor Maggie McGrath about these research findings and what they mean for doctors and patients across the U.S.
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At one of Trump’s biggest buildings, profits are down, expenses are up and the mortgage is about to come due. It’s all enough to push 40 Wall Street into the red.
Read the full story on Forbes: https://www.forbes.com/sites/zacheverson/2024/10/05/donald-trump-wall-street-tower-40-building/
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The Trump name doesn’t mean what it once did. But when hotels dropped the brand, the former president got hefty payouts anyway. Forbes money in politics reporter Kyle Khan-Mullins joins "Forbes Talks" to discuss.
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Nobody’s made quite as much as Donald Trump after serving as president—but all of them have found ways to cash in on the world’s most powerful office. Forbes money in politics reporter Kyle Khan-Mullins joins "Forbes Talks" to discuss.
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Christine Cox, Artistic and Executive Director of BalletX, has led the company to the forefront of contemporary ballet since its founding in 2005. This season, the company brings three New York premieres to The Joyce Theater, featuring bold works by Takehiro Ueyama, Jodie Gates, and Loughlan Prior.
Through Cox's innovation in the contemporary ballet space, BalletX has become a leader in pushing the boundaries of what the art form and dancers are capable of by producing 130 ballets by over 70 choreographers in under 20 years. That is an average of six per year, a feat few companies can match. Looking back at it now, that stat seems unthinkable when the modest company was established in 2005. But over the years BalletX has grown sustainably as an institution growing the ensemble of dancers from 10 to 16, providing annual salaries to dancers and becoming a fundraising powerhouse, having received a $7.4 million transformational gift this year which will allow the company to grow into a global force.
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After her celebrated run at Mena in Tribeca, Chef Victoria Blamey has returned to New York’s culinary scene, taking the helm at Blanca in Brooklyn—a restaurant revered for its daring tasting menu and intimate 12-seat setting. With support from Carlo Mirarchi, Blanca’s original founder, Blamey brings her inventive, globe-trotting techniques and Chilean heritage to a new chapter at the once Michelin-starred gem.
Set behind Bushwick’s famed Roberta’s, Blanca offers an immersive, nearly three-hour culinary journey that pushes the boundaries of fine dining. Each course showcases Blamey’s meticulous attention to detail. The menu doesn’t reveal how much work each course entails; that the fermentation process takes days; that before the end of an evening’s service Blamey is preparing dough which needs 19 hours to process; that the spinach leaves take hours to press and wrap; there are shells to shuck; the Donabe rice pot has to be continuously stirred; and a wood oven outside needs regular attention. Beyond the kitchen, Blanca’s experience is enhanced by an extensive natural wine list and music as eclectic as the food.
Executive Chef Victoria Blamey and Chef and Co-owner Carlo Mirarchi sit down with Forbes editor Maggie McGrath to discuss Blanca’s revival, their creative process, and what’s next for the iconic restaurant.
Read more on Forbes:
https://www.forbes.com/sites/kristinwolfe/2024/01/26/stars-have-aligned-chef-victoria-blamey--blanca-in-brooklyn-are-reborn/
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Neha Kumar is the cofounder and COO of Full Glass Wine Co., a direct-to-consumer wine retailer that owns brands like Winc and Splash Wines. In an interview with ForbesWomen editor Maggie McGrath, Kumar talks about her company's two newest acquisitions and how--despite not having a background in wine--she came to run a digital wine seller.
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With Black voters making up at least 10 percent of the population in several swing states, Larry Adams, Founder and CEO of XStereotype sat down with Ali Jackson-Jolley to talk about why authenticity and representation in content and political ads are crucial in winning this demographic’s vote.
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