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Secret $6M Gift Triggers Forbes Editor Firing and Independent Probe
media19 hours 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.

via The Daily Beast|
#ethics#forbes#gift
NTL Co-Founder Ousted by Forbes Over Undeclared $6 Million Payment
business10 days 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.

via thoroughbreddailynews.com|
#business#forbes#national-thoroughbred-league
Undisclosed $6M gift could trigger century-old loyalty doctrine at Forbes
business10 days 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.

via Yahoo Finance|
#business#conflict-of-interest#faithless-servant-doctrine
Forbes Fires Top Editor Over Seven-Figure Gift Linked to Ranking Firm
media12 days 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.

via The Daily Beast|
#conflict-of-interest#forbes#gift
Trump's Wealth Surges by $600 Million on DJT Stock Rally and New Data Service
markets22 days 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.

via Yahoo Finance|
#donald-trump#forbes#markets
Chelsea Handler questions Joe Rogan's $82M podcaster payday
entertainment24 days 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.

via Yahoo News UK|
#chelsea-handler#earnings#entertainment
Rogan Tops Forbes 2026 Podcaster Wealth Rank
entertainment24 days 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.

via USA Today|
#business-news#entertainment#entertainment-news
Rogan Tops Forbes 2026 Podcaster Payday, Kelce and Cooper Break Into Top 10
business25 days 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.

via E! News|
#alex-cooper#business#forbes
Taylor Swift Reaches $2 Billion Net Worth, Tops History’s Richest Female Musicians
business2 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.

via Yahoo News New Zealand|
#business#eras-tour#forbes
Taylor Swift Hits $2 Billion Net Worth, Forbes Confirms
business2 months ago

Taylor Swift Hits $2 Billion Net Worth, Forbes Confirms

Forbes pegs Taylor Swift’s net worth at $2 billion as of March 2026, driven by the Eras Tour’s record revenue and recent catalog re-recordings; she also bought back her original masters for about $360 million. While she is the richest female musician in history, she trails Jay-Z’s $2.8 billion. The piece also notes upcoming releases tied to Toy Story 5 and a Songwriters Hall of Fame induction, plus wedding rumors with fiancé Travis Kelce.

via Variety|
#billionaire#business#eras-tour
Trump’s 2026 Stock Blunders: Forbes Details 10 Worst Trades
business2 months ago

Trump’s 2026 Stock Blunders: Forbes Details 10 Worst Trades

Forbes tallies Donald Trump’s 2026 stock activity, estimating about $4.4 million in losses across ten disclosed trades using midpoints of ranges; the worst performers include Fidelity National Information Services, Workday, Kura Sushi USA, Comcast, PTC, Axon, Adobe, Uber, Boeing and Boston Scientific, with data based on the disclosed ranges and trades reportedly managed by third-party institutions.

via Forbes|
#business#donald-trump#forbes
Asia's Young Innovators Take Center Stage in Forbes' 2026 Under-30 List
business2 months ago

Asia's Young Innovators Take Center Stage in Forbes' 2026 Under-30 List

Forbes unveils the 2026 Forbes 30 Under 30 Asia class, spotlighting a diverse cohort of young founders, researchers, and changemakers across sectors who are driving innovation and social impact across Asia. The lineup highlights Asia’s fast-growing startup ecosystem and connects these rising leaders to Forbes’ global network, events, and opportunities to scale their ventures.

via Forbes|
#30-under-30#asia#business