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Forbes

All articles tagged with #forbes

Eight MLB Owners Fans Hope Sell as Record Franchise Deals Reshape the League
business1 month ago

Eight MLB Owners Fans Hope Sell as Record Franchise Deals Reshape the League

Following the Padres and Angels selling for a combined $7.9B, based on Forbes valuations (Padres at $3.1B, Angels at $2.8B), the piece names eight MLB owners the author hopes will sell: Castellini (Reds), Nutting (Pirates), Dolan family (Guardians; minority stake now held by David Blitzer with a possible majority by 2027), Monfort (Rockies), Pohlad (Twins), Ilitch (Tigers), John Henry (Red Sox), and Hal Steinbrenner (Yankees). It argues these regimes underperform, misalign with fan interests, or lack urgency, even as the league enjoys blockbuster sales and shifting ownership dynamics.

Kylie Jenner Reaffirms Self-Made Billionaire Status, Citing Independent Wealth
entertainment1 month ago

Kylie Jenner Reaffirms Self-Made Billionaire Status, Citing Independent Wealth

Kylie Jenner reiterates that she qualifies as a 'self-made' billionaire, arguing that none of her money came from her parents or the Kardashian family and that she used 100 percent of her own funds to start Kylie Cosmetics, while acknowledging the privilege of her platform and reflecting on life changes since achieving billionaire status.

Garner’s Post-Divorce Pivot: From Money Fears to a Farm-Brand IPO Win
entertainment1 month ago

Garner’s Post-Divorce Pivot: From Money Fears to a Farm-Brand IPO Win

Jennifer Garner disclosed on Emma Grede’s Aspire podcast that after splitting from Ben Affleck she panicked about supporting herself and her kids because she had stepped back from her career. She focused on staying close to her children and later cofounded Once Upon a Farm; Forbes notes the company went public in a $724 million IPO, making Garner the largest shareholder with about a 7% stake (~$55 million). As chief brand officer, she has helped grow sales to around $288 million annually. She says she has no regrets about prioritizing family, continues to work in Los Angeles, and has been dating John Miller since 2018.

Secret $6M Gift Triggers Forbes Editor Firing and Independent Probe
media1 month ago

Secret $6M Gift Triggers Forbes Editor Firing and Independent Probe

RJ Shook, founder of Shook Research, says he paid about $6 million to Randall Lane, Forbes’ chief content officer, as a “gift” for Lane’s guidance during Shook Research’s 2025 sale. Forbes then fired Lane after the undisclosed payment came to light and launched an independent review, saying there’s no evidence the rankings’ integrity was compromised. Shook acknowledges the gift was a mistake and Lane says he regrets not disclosing it. The episode underscores questions about transparency and outside business dealings connected to Forbes’ rankings.

NTL Co-Founder Ousted by Forbes Over Undeclared $6 Million Payment
business1 month ago

NTL Co-Founder Ousted by Forbes Over Undeclared $6 Million Payment

Randall Lane, co-founder of the National Thoroughbred League and former Forbes chief content officer, was fired by Forbes after the New York Times reported he received about $6 million from Shook Research, paid after Shook sold a stake to PPC Enterprises. Lane says the payment was a gift and that he should have disclosed it, calling it a serious error in judgment he deeply regrets. The incident comes as the NTL, launched with a six-team, $1 million prize concept, failed to gain traction, never secured horses, and did not deliver on its promises.

Undisclosed $6M gift could trigger century-old loyalty doctrine at Forbes
business1 month ago

Undisclosed $6M gift could trigger century-old loyalty doctrine at Forbes

Forbes fired Randall Lane after discovering he received an undisclosed roughly $6 million payment from SHOOK Research founder RJ Shook. While lawyers say Lane probably didn’t break the law, the case hinges on New York’s century-old faithless servant doctrine, which could allow Forbes to claw back or disgorge compensation if an employee’s disloyalty is proven. The gift was described as personal, but questions about disclosure, the source of the funds, and potential tax implications complicate the matter; Forbes is unlikely to sue, but the incident underscores how loyalty duties can affect executive pay and relationships with business partners.

Forbes Fires Top Editor Over Seven-Figure Gift Linked to Ranking Firm
media1 month ago

Forbes Fires Top Editor Over Seven-Figure Gift Linked to Ranking Firm

Forbes fired Randall Lane, its chief content officer, after learning he received about $6 million from RJ Shook of Shook Research—a longtime partner in Forbes’ adviser rankings—and described it as a “gift.” The payment raised conflict-of-interest concerns given Forbes’ relationship with Shook Research, and Lane acknowledged he should have disclosed it, a misstep that led to his ouster; Kerry Lauerman was named interim editor.

Trump's Wealth Surges by $600 Million on DJT Stock Rally and New Data Service
markets2 months ago

Trump's Wealth Surges by $600 Million on DJT Stock Rally and New Data Service

Trump’s net worth jumped about $600 million in under a month, led by a rally in his majority-held Trump Media & Technology Group (DJT) stake, now worth roughly $1.49 billion based on about 144 million shares at a $10.38 close. Forbes still puts his wealth around $6.5 billion. The gain comes as TMTG launched Truth API, a real-time data service offering institutional traders access to Truth Social posts, potentially creating a new revenue stream but drawing criticism over market-moving information access.

Chelsea Handler questions Joe Rogan's $82M podcaster payday
entertainment2 months ago

Chelsea Handler questions Joe Rogan's $82M podcaster payday

Forbes' 2026 list names Joe Rogan as the highest-paid podcaster with about $82 million, prompting Chelsea Handler to publicly slam the payout and suggest the funds would be better spent on veterans or children; her remark drew backlash and fed into ongoing chatter about celebrity earnings in the podcasting world, with Forbes noting other top earners on the list.

Rogan Tops Forbes 2026 Podcaster Wealth Rank
entertainment2 months ago

Rogan Tops Forbes 2026 Podcaster Wealth Rank

Forbes’ 2026 highest-paid podcasters list places Joe Rogan atop eight-figure earnings at $82 million, with TBPN’s John Coogan and Jordi Hays at $70 million, Steven Bartlett at $45 million, Ashley Flowers at $42 million, and Will Arnett/Jason Bateman/Sean Hayes at $37 million, underscoring how distribution deals and partnerships drive big paydays in the growing podcast industry.

Rogan Tops Forbes 2026 Podcaster Payday, Kelce and Cooper Break Into Top 10
business2 months ago

Rogan Tops Forbes 2026 Podcaster Payday, Kelce and Cooper Break Into Top 10

Forbes' 2026 list of the highest-paid podcasters places Joe Rogan on top with about $82 million from The Joe Rogan Experience, followed by TBPN at $70 million, Steven Bartlett’s Diary of a CEO at $45 million, Ashley Flowers’ Crime Junkie at $42 million, and SmartLess at $37 million. The Kelce brothers land at No. 7 with roughly $35 million for New Heights, while Alex Cooper earns about $32 million for Call Her Daddy, with several other celebrities and creators rounding out the top 20.

Taylor Swift Reaches $2 Billion Net Worth, Tops History’s Richest Female Musicians
business4 months ago

Taylor Swift Reaches $2 Billion Net Worth, Tops History’s Richest Female Musicians

Taylor Swift has hit a $2 billion net worth as of March 2026, reportedly making her the wealthiest female musician in history per Forbes’ 2026 Iconoclast 50. The milestone is driven by the Eras Tour’s roughly $2.2 billion in gross revenue, plus earnings from her extensive catalog and royalties from re-recorded albums, including ownership of her masters secured in 2025. Swift had already been named the richest female artist since 2024, and this new total cements her position at the top of the industry’s wealth chart.