The president likes to criticize Trump for being too cozy with his fellow billionaires. But Biden’s biggest backers are worth roughly $170 billion—more than triple the collective net worth of Trump’s top tycoons. https://lnkd.in/eg6_pKvd
Forbes
Book and Periodical Publishing
Jersey City, NJ 18,003,574 followers
Official page of Forbes, the world’s leading voice for entrepreneurial success and free enterprise.
About us
Forbes Media is a global media, branding and technology company, with a focus on news and information about business, investing, technology, entrepreneurship, leadership and affluent lifestyles. The company publishes Forbes, Forbes Asia, and Forbes Europe magazines as well as Forbes.com. The Forbes brand today reaches more than 94 million people worldwide with its business message each month through its magazines and 37 licensed local editions around the globe, Forbes.com, TV, conferences, research, social and mobile platforms. Forbes Media’s brand extensions include conferences, real estate, education, financial services, and technology license agreements. Forbes is an equal opportunity employer.
- Website
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http://www.forbes.com
External link for Forbes
- Industry
- Book and Periodical Publishing
- Company size
- 201-500 employees
- Headquarters
- Jersey City, NJ
- Type
- Privately Held
- Founded
- 1917
- Specialties
- Business, Finance, Investing, Technology, Politics, Leadership, Entrepreneurship, Small Business, Cloud Computing, Security, and Management
Locations
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Primary
Jersey City, NJ, US
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499 Washington Blvd
Jersey City, NJ 07310, US
Employees at Forbes
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Josh Wolfe
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John Chisholm
CEO, John Chisholm Ventures; Serial Entrepreneur & Angel Investor; Trustee, Santa Fe Institute; Former trustee, MIT
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Mark Minevich
Global Technology Executive & AI Strategist | Chair Executive Advisor & Partner | ex-IBM ex-BCG | Fortune 500 & governments | Boards Foundations |…
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Toby Shapshak
TED Global speaker | Forbes senior contributor | Business Day columnist | Scrolla.Africa director | Stuff ed-in-chief | The Roost
Updates
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TikTok Shop has gained even more traction since the president signed a law that may ban TikTok early next year. But if it goes away, Chinese e-commerce giants Temu and Shein could be the biggest winners.
ByteDance Doubles Down On TikTok Shop, Despite Threat Of A U.S. Ban
social-www.forbes.com
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The Middle East kingdom is on massive building spree—creating private islands, luxury hotels, theme parks, cruise ports, even a desert ski resort. The question remains: If they build it, who will come?
Inside Saudi Arabia’s $800 Billion Tourism Moonshot
social-www.forbes.com
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Divide a company’s market capitalization by its shareholders’ equity and you get the price to book ratio. Equivalently, divide the share price by the book value per share. Is the ratio less than 1? Then you are getting a bargain, in some sense. You are buying a company for less than what would be left over if all its assets were sold off at their accounting value and all the debts were repaid. There was a time when book value was an important indicator of a corporation’s value and a significant number of stocks traded below book. Neither is true today. Read more: https://trib.al/3El14Xj
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The first two companies to eclipse a $3 trillion market cap in the last two years, Apple and Microsoft, have been well-known names since the 1980s, but the third would likely have come as a shock to even the most astute investors a decade ago. When Nvidia reached $3 trillion last week just three months after crossing $2 trillion, it marked another milestone in a bull run that still isn’t slowing down. The semiconductor designer has been the biggest winner of the generative AI boom since ChatGPT was introduced in November 2022, rising eightfold since then. https://trib.al/YOGFFtQ #Global2000
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America’s economy is booming, with the stock market up 15% over the last six months and 24% in the last year. Yet much of the country doesn’t feel any richer, thanks to a host of underlying complications, including stagnating home values, flat wages, high interest rates and stubborn inflation. The man many people blame for those issues, rightly or wrongly, is affected by them too. Take a look inside Joe Biden's net worth: https://trib.al/5lwDiN0
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Fewer workers are voluntarily leaving their jobs in 2024, compared to previous years, in what is being deemed the “Great Stay.” The quit rate has declined significantly in the United States, dropping to a low 2.2%, according to recent data by the Bureau of Labor Statistics. This trend contrasts with the peak of the Great Resignation, when a record 4 million workers were quitting their jobs monthly.
How To Prevent The ‘Great Stay’ From Turning Into The ‘Great Stagnation’
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You're not alone if you're confused or worried by what's happening in the economy. Experts on inflation, interest rates, and AI have you covered with all of the information you need. https://trib.al/Xwu23CS
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TikTok Shop has gained even more traction since the president signed a law that may ban TikTok early next year. But if it goes away, Chinese e-commerce giants Temu and Shein could be the biggest winners. https://trib.al/LD10iGG