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Forbes Daily Briefing

Forbes Daily Briefing

Forbes

Careers, Business, News, Entrepreneurship

4.612 Ratings

Overview

The Forbes Daily Briefing shares the best of Forbes reporting on wealth, business, entrepreneurship, leadership and more. Tune in every day, seven days a week, to hear a new story. The Daily Briefing is edited, produced and hosted by Kieran Meadows.

287 Episodes

As Trump Makes Panama Canal Demands, Meet The Swiss Billionaire Who Bought Two Key Ports With BlackRock

Over the past three years, Gianluigi Aponte’s shipping company has spent more than $40 billion investing in everything from ships and ports to hospitals and high-speed rail—and that was before teaming up with BlackRock to buy 43 ports from Hong Kong billionaire Li Ka-Shing’s conglomerate. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 25 March 2025

Hong Kong Real Estate Billionaire Lee Shau Kee, Once Asia’s Richest Person, Dies At 97

Lee Shau Kee was among the first generation of entrepreneurs in Hong Kong who started making a fortune from property development between the 60s and 70s. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 24 March 2025

Five People Who Could Run Tesla Better Than Elon Musk

The electric car company is struggling as anti-Musk sentiment sparks boycotts and protests. It’s not likely to happen, but who could step in if he relinquished the “TechnoKing” CEO reins? See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 24 March 2025

Meet The Billionaire March Madness Boosters

Inside the C-Suite 16—a group of ultra-rich fans using their combined net worth of $357 billion to bankroll the schools in the 2025 NCAA men’s basketball tournament. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 23 March 2025

New Trump Financial Reporting Rule Aims To Capture Cash Transactions As Low As $200

The new Geographic Targeting Order requires money services businesses (MSBs) located in 30 ZIP codes across California and Texas to file Currency Transaction Reports with FinCEN at a $200 threshold for cash transactions. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 22 March 2025

Celtics Sold To Private Equity-Led Group For $6.1 Billion—Biggest Sports Sale In U.S. History

A group led by investor Bill Chisholm and the private equity firm Sixth Street reached an agreement on Thursday to buy the NBA’s Boston Celtics at a $6.1 billion valuation. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 21 March 2025

How Pam Bondi Got Rich In Just Six Years Out Of Office

America’s newest attorney general can thank rising Florida real estate values, a few years of lobbying and a wealthy husband for her increasing fortune. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 20 March 2025

Tesla Is No Longer Elon Musk’s Most Valuable Asset

The EV maker has been the single biggest part of his ever expanding fortune for years. No more, as Tesla’s stock comes crashing down. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 19 March 2025

Elon Musk Installs ‘Quick And Dirty’ Turbines To Power xAI’s Memphis Data Centers

In a rush to get Colossus up and running, Musk’s AI company is relying on the same environmentally unfriendly, natural gas-powered turbines used to restore power in natural disasters. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 18 March 2025

How Underage Creators Became A Threat To Lucy Guo’s OnlyFans Rival

The Scale AI cofounder’s second startup Passes banned creators under 18 ahead of being sued for allegedly hosting child sexual abuse material, which Guo has denied. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 17 March 2025

Here’s How Much American Billionaires Have Lost Since Trump’s Inauguration

Expectations were that billionaires would be the big winners in a Trump America 2.0. Instead, their fortunes have plummeted in the first eight weeks. Here are the biggest losers. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 17 March 2025

Forbes College Financial Grades 2025: America’s Strongest And Weakest Schools

College administrators, often oblivious to economic realities, have spent more than a decade fretting about looming enrollment declines. Trump’s slash and burn approach to education and federal spending could hasten the demise of many teetering schools. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 16 March 2025

Monarch Collective Expands Fund To $250 Million To Keep Fueling Women’s Sports Boom

The private equity firm hasn’t had an exit yet, but investors are so eager to get into the NWSL and other surging leagues that its founders have secured an additional $100 million for their war chest. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 15 March 2025

Calming Advice For A Chaotic Stock Market

Will Trump’s tariffs and his assault on the federal government lead to a deeper crash, or even a recession? Market experts advise long-term investors and 401(k) holders to sit tight. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 14 March 2025

This Startup Can't Replace The National Weather Service. But It Might Have To.

Startup Tomorrow.io has built a constellation of weather satellites to feed data to its AI-powered forecasts customized for its business customers. Can it fill the gap left behind by DOGE’s cuts to the National Weather Service? See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 13 March 2025

How Kettle & Fire Turned Bone Broth Into A $100 Million Business

Cofounder Justin Mares is fired up about creating new nutrient-rich products for the Make America Healthy Again era. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 12 March 2025

Why Tesla Isn’t The AI Powerhouse Musk Says It Is

Elon Musk claims the carmaker will someday be the most valuable AI company in the world thanks to the reams of video data collected by its cars. Does all that data really give the company a competitive advantage? See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 11 March 2025

A Growing Side Hustle For American College Grads: Fixing AI’s Wrong Answers

As AI models get more complex, so do the tasks carried out by humans to train them. It’s given $14 billion Scale AI a new focus on U.S.-based labor. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 10 March 2025

Mayor Eric Adams’ Legal Troubles Are Taking A Bite Out Of His Net Worth

The biggest chunks of Eric Adams’ fortune look to be largely illiquid, potentially complicating his fight against charges of corruption. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 9 March 2025

Small Business Loans Could Be Easier To Get, Thanks To This Entrepreneur

Apple, FedEx and Oracle all got loans guaranteed by the Small Business Administration. But rules and red tape keep many banks from making SBA loans. Chris Hurn aims to change that. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 8 March 2025

A Top Pentagon DOGE Official Looks Like A Successful Founder. His Story Doesn’t Always Add Up.

Justin Fulcher ran a telehealth startup that went bankrupt, is being accused of unpaid bills and appears to have overstated his credentials. Now he’s among those leading DOGE’s effort at the Pentagon. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 8 March 2025

Li Ka-Shing’s CK Hutchison To Sell Panama Canal Ports To BlackRock As Part Of $23 Billion Deal

The deal comes after U.S. President Donald Trump repeatedly threatened to take control of the Panama Canal and end what he sees as China’s influence over the waterway critical to global trade. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 7 March 2025

Elon Musk Wants SpaceX To Fix Air Traffic Control. Here’s Why It Won’t Work.

Satellite internet service Starlink doesn’t have the capabilities to be the FAA’s communications backbone. Trump officials may take a $2.4 billion contract from Verizon and give it to Musk’s company anyway. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 6 March 2025

How Crumbl Devoured America

Middle-school dropout Jason McGowan had no baking experience but cofounded a viral cookie company that now has more than 1,000 stores—and rumors of a $2 billion sale. Inside a financial sugar rush. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 5 March 2025

Meet The Billionaire CEO Trying To Resurrect The Woolly Mammoth

Colossal Biosciences cofounder and CEO Ben Lamm is worth $3.7 billion following the company's recent fundraise at an eye-popping $10.2 billion valuation. But it has yet to be paid for reviving extinct animals or saving endangered ones. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 4 March 2025

The Top 10 Richest People In The World (March 2025)

Plunging Tesla shares in February shaved tens of billions off Elon Musk’s fortune. And Mark Zuckerberg became the world’s second richest person. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 4 March 2025

Inside The Largest Black-Owned Bank In America

New Orleans-based Liberty Bank And Trust took 50 years to surpass $1 billion in assets under its founding CEO Alden McDonald, Jr. Now it needs to convince a new generation to buy into its mission of growing to $10 billion. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 3 March 2025

Why This Film Financing Company Is The Safest Bet In Hollywood

BondIt Media Capital has spent more than $400 million to help produce hundreds of schlocky movies over the past decade. Now its founders are ready to take bigger risks and reap bigger rewards. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 2 March 2025

The Highest-Paid Actors Of 2024

For top-earning stars like Dwayne Johnson and Ryan Reynolds, appearing in movies is one of many ways they reel in their out-sized paydays. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 1 March 2025

Billionaire Robert Kuok’s Grandson Drives $10 Billion Bet On AI Data Centers

Kuok Meng Wei, whose grandfather was once called the world’s shrewdest businessman by Forbes, is leading his family into what the 41-year-old describes as the hottest industry in decades. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 28 February 2025

This Fintech’s Visa Card Keeps Grandpa From Blowing His Nest Egg

True Link Financial offers a debit card with spending controls expressly designed for people with dementia, other cognitive deficits or addiction issues. It also manages special needs trusts. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 27 February 2025

Former Secret Service Agent Turned Deputy FBI Director Is Already Very Rich

Even the nonbillionaires being nominated by President Trump seem to be super wealthy these days. Just look at the fortune of conservative podcaster and Rumble investor Dan Bongino. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 26 February 2025

The Most Valuable MLS Teams 2025

LAFC claims the top spot by fending off fast-growing Inter Miami, but overshadowing the soaring valuations are questions about Lionel Messi’s future and an underwhelming broadcast deal. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 25 February 2025

Meet Mexico’s First Chili-onaire

Tajín founder Horacio Fernández turned his authentic Mexican seasoning into a $1.5 billion spice giant—by selling to Americans. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 24 February 2025

Elon Musk Is A Billionaire Federal Welfare Vampire

As Elon Musk’s DOGE chainsaws through federal agencies with budget and staff cuts, Tesla and SpaceX, cornerstones of Musk’s fabulous wealth, continue to benefit from public money. They probably wouldn’t have succeeded without it. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 23 February 2025

Trump Wants The Next Generation Of Military Satellites — Pentagon Turmoil Is Endangering That

The president is seeking to develop an impenetrable shield against missiles. But the head of a hard-charging unit building a futuristic satellite network that’s key to the idea has been suspended and investigations are raising worries over its independence. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 22 February 2025

Africa’s Richest Man Doubled His Fortune On A Massive — And Risky — $23 Billion Bet

Nigerian billionaire Aliko Dangote broke his government’s oil monopoly by building the largest petroleum refinery in Africa. So far, only he has reaped the rewards. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 21 February 2025

The Best Small Businesses To Buy Now

Health and wellness businesses were in high demand in 2024, with their price-to-sales ratios jumping 18% according to data from BizBuySell. Meanwhile, ice cream shops saw melting multiples. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 20 February 2025

To Understand How Trump Is Upending Washington, Speak To People From His Past

As a businessman, Donald Trump controlled those around him with a mix of charm and intimidation. He follows the same formula in the White House, where he is closer than ever to what he has always craved—total power. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 19 February 2025

How This Legendary NBA Sixth Man Became A Billionaire

After 10 seasons with the Milwaukee Bucks, Junior Bridgeman finally started to make the big bucks—really big—with fast-food franchises and a Coca-Cola bottling company. He’s now in rare air alongside Michael Jordan, Magic Johnson and LeBron James as the only NBA players with 10-figure fortunes. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 18 February 2025

In Musk's Global Powerplay, Everything And Everywhere’s A Conflict

Elon Musk’s political activities and foreign business interests have converged as he takes center stage in the second Trump administration. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 17 February 2025

How This Serial Entrepreneur Became A Billionaire From Diapers, Basketball And Now Takeout

Marc Lore became a billionaire by refusing to stick to one thing for too long. The Diapers.com cofounder and Minnesota Timberwolves co-owner is now betting heavily on his latest startup Wonder, which has big plans to upend takeout and delivery. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 16 February 2025

Sergey Brin’s $2 Billion Quest To Tackle Parkinson’s, Bipolar Disorder And Now Autism

The Google cofounder has already donated more than $1.5 billion to Parkinson’s research. Now, as he takes on autism, he’s also investing in venture funds and startups working to develop therapies and treatments. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 15 February 2025

Sam Altman’s Fusion Power Startup Is Eyeing Trump’s $500 Billion AI Play

Few energy startups are better positioned to cash in on Stargate than Helion, which has raised major funding from the AI initiative’s leaders, and signed a contract with another. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 14 February 2025

The Trillion-Dollar A.I. Data Center Tsunami — Coming To A Field Near You

The rapid adoption of generative AI will require more advanced data centers, which in turn, require massive amounts of electricity to power them. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 14 February 2025

A Mad Scramble Inside The Pentagon Ahead Of DOGE's Arrival

With Elon Musk’s cost cutters due any day, military leaders are eyeing bloated contracts, programs and legacy weapons systems. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 13 February 2025

Here’s How Much Pete Hegseth Is Worth—And It’s Less Than You Might Think

Two divorces and a lifetime of impulsive behavior are both culprits in tamping down the fortune of the former Fox News host who is Trump’s new secretary of defense. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 12 February 2025

Zyn, But With Weed: The Pouch Craze Hits The Cannabis Industry

Nicotine pouches have become a multibillion-dollar industry. Now Cannadips and other brands are putting their money where your mouth is. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 11 February 2025

Why Elon Musk’s China Ties Are DOGE’s Biggest Conflict Of Interest

The electric-car maker Tesla, the main source of the mercurial billionaire’s wealth, is relying on China to stay profitable as sales sink elsewhere. It’s a massive conflict with his DOGE role. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 10 February 2025

After Years Of Making Virtually No Money, Melania Trump Finally Cashes In

During her initial stint in the White House, the First Lady showed little interest in profiting from politics. This time, she arrives with a business plan. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcribed - Published: 9 February 2025

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