It was a banner year for the country’s most successful women with a record number of billionaires, soaring fortunes thanks to AI and an all-time high in total wealth.
Investor Kenneth Hao’s $100 million gift to UCSF targets AI and collaboration. But he warns philanthropists can’t solve all of higher education’s funding challenges.
Elon Musk’s lawyer falsely suggested Altman was being investigated by the Senate, after it was instead a House lawmaker who contacted him.
Lawmakers and state attorneys general are demanding information about whether the billionaire’s personal investments pose a conflict of interest.
South Korea’s richest person, Jay Y. Lee, now boasts a net worth of $34 billion. Samsung’s oaring shares have made his younger sisters Boo-jin and Seo-hyun and mother Hong Ra-hee the second, third, and fourth richest, respectively.
Li Xiaoming cofounded Chinese landscape design firm Hui Lyu Ecological Technology Groups almost four decades ago to build city gardens and take on ecological projects such as lake restoration. Yet it was a shrewd investment in AI that made Li a billion…
The Korean company, founded by Hwang Chul-joo, is the only manufacturer of a specific type of advanced solar equipment outside of China.
In the wake of its blockbuster $2.2 billion IPO, Larry Geis’ Madison Industries is proving that even the most unglamorous companies can deliver outsized returns
The Mandel Foundation, started by three brothers on the first Forbes 400 list, is giving $125 million for, among other things, interdisciplinary studies such as the ethics of robotics.
Actively AI has raised $45 million to scale up its AI sales agents, which can automate a chunk of the work reps typically do manually.