25-year-old college dropout is now the world’s youngest self-made billionaire
A 25-year-old college dropout who has inked deals with the U.S. military to help them harness artificial intelligence is now reportedly the world’s youngest self-made billionaire. Alexandr Wang, who appeared on the Forbes’ 30 Under 30 list in 2018, is co-founder and chief executive officer at Scale, a San Francisco-based startup that helps companies generate high-quality data for AI applications. Last April, a $325 million funding round doubled Scale’s valuation to $7.3 billion in just over four months.news.yahoo.com
ISIS plot to assassinate George W. Bush broken up: report
The Federal Bureau of Investigation (FBI) uncovered a plot by an alleged ISIS operative to assassinate former President George W. Bush, Forbes reported Tuesday, citing an FBI search warrant. The alleged plot was uncovered after the suspect revealed information about his plans and asked a confidential FBI source to “obtain replica or fraudulent police and/or…news.yahoo.com
Russia Loses ‘Entire Batallion’ on Blown Up Bridge, Says Ukraine
Ukrainian Airborne Forces Command/Handout via ReutersNow in its 79th day of its Ukraine invasion, Russia is continuing its offensive—and still wracking up heavy losses of hardware and personnel. Nowhere is that more evident than along the banks of the Siverskyi Donets River in the Luhansk region, where fighting is raging and Ukraine blew up a Russian battalion attempting to cross a bridge earlier in the week.New satellite images from BlackSky intelligence firm show the parts that remain of a ponnews.yahoo.com
Forbes editor says he testified before Trump grand jury
The editor of Forbes magazine says he testified Thursday before a grand jury hearing evidence in a criminal investigation into former President Donald Trump and his business practices, answering questions about a magazine article examining whether the former president inflated his wealth.
H-E-B owners rank No. 15 on Forbes’ list of richest families in America
The Butt family, owners of Texas-based grocery store H-E-B, rank among America’s wealthiest families in 2020, according to a list compiled by Forbes. 15 out of 50 of the richest families in the U.S., all worth at least $7.3 billion. According to Forbes, the family behind H-E-B is worth $17.8 billion, up from $11 billion five years ago, according to My San Antonio. Forbes’ last ranking of “America’s Richest Families,” curated in 2016, put the Butt family at the No. From 2016 to 2020, H-E-B experienced an approximate increase of $8 billion in revenue.
Bid to address health costs by 3 corporate giants is over
A health care venture created in 2018 by the three corporate giants to attack soaring care costs will shutter only a couple years after launching. (AP Photos, File)INDIANAPOLIS – A health care venture conceived by Amazon, Berkshire Hathaway and JPMorgan to attack soaring costs is dissolving. Haven, which was formed in 2018 by the three U.S. corporate giants, will cease operations by the end of February, a company spokeswoman said Monday. Health care costs have grown faster than wages and inflation for years, stressing families and employers. It started new designs for health care benefits that eliminated patient out-of-pocket payments like deductibles and coinsurance and encouraged access to primary care.
‘Christmas Star’: Jupiter and Saturn to align in rare phenomenon for first time since Middle Ages
HOUSTON – Houstonians and the rest of the Earth may want to look up into the night sky on Friday, Dec. 18. This upcoming winter solstice, the Earth will witness a sky-high event not seen in over 800 years, as planets Jupiter and Saturn will line up and appear to collide to create what is called a “Christmas Star” or “the Star of Bethlehem,” Forbes reported. Rice University Astronomer Patrick Hartigan told Forbes March 4, 1226 was the last time Earth has seen an alignment between two planets visible in the night sky. “Alignments between these two planets are rather rare, occurring once every 20 years or so, but this conjunction is exceptionally rare because of how close the planets will appear to be to one another,” he told Forbes in an interview. The rare event begin around 45 minutes after sunset and sightings will last throughout the entire week, Forbes reported.
This Texas town among most charming small towns in the South
Fredericksburg, TexasPros: Warm climate, above average air quality, low cost of living, low home prices, low crime, walkability. Located in the Texas Hill Country, this town was recently ranked as the No. 2 most charming community in the south, according to Big Seven Travel. The historic town provides visitors with opportunities to learn about its rich history. Other fun things to do in Fredericksburg include the National Museum of the Pacific War and the Hangar Hotel.
10 Houston billionaires bank spots on Forbes’ 2020 list of richest Americans
HOUSTON – Ten Houstonians have made Forbes’ list of the richest people in America this year. According to Forbes, these ten people are worth about $44.3 billion. The richest of the Houston moguls, according to the list, is Richard Kinder, who came in at No. The 75-year-old chairman of Kinder Morgan, one of the largest energy infrastructure firms in the U.S., and leader of the Kinder Foundation, has an estimated net worth of $6.2 billion. The 46-year-old has an estimated net worth of $3.3 billion.
These 2 Texas cities are ranked among the best places to retire in 2020
Forbes in August unveiled its annual list of the best places to retire. Two Texas cities made it on the list -- San Antonio and Dallas. No state income tax, no state estate/inheritance tax. In its assessment of Dallas, Forbes listed these qualities as its pros: Median home price $219,000, 21% below national median. No state income or estate tax.
Post Oak Hotel at Uptown becomes first in Houston to earn Forbes’ 5-star rating
HOUSTON – The Post Oak Hotel at Uptown Houston has set the bar high for other luxury hotels in the city. Forbes Travel Guide awarded the hotel five-stars, making it the first in Houston and second in the state to earn a perfect rating. The luxury hotel houses six restaurants in total, as well as amenities including a spa, salon, fitness center, and meeting and event space. On top of the 38-story tower sits a helipad, offering guests the opportunity to depart directly from the hotel for private helicopter excursions. The Post Oak Hotel at Uptown Houston is located at 1600 W Loop S, Houston, Texas.
These wealthy Houstonians were named to Forbes’ list of the richest people in the world
HOUSTON – Forbes released a list of the world’s richest people around the globe and a few Houstonians made the cut. Among the wealthiest, local billionaires are Tilman Fertitta and Richard Kinder. Forbes said the list was a drastic change compared to 2019, as 51% of billionaires lost value this year due to the coronavirus pandemic. Richard Kinder (Courtesy of Forbes)Tilman FertittaLandry’s Inc., Houston RocketsRank: 414Wealth: $4.2 billionTilman Fertitta owns the Houston Rockets, Landry’s Restaurants (including Saltgrass Steakhouse and Bubba Gump Shrimp), and Golden Nugget Casinos. Tilman Fertitta (Courtesy of Forbes)Janice McNairHouston TexansRank: 451Wealth: $4.0 billionJanice McNair is the widow of Bob McNair, the owner of the Houston Texans, inheriting 80% of the team.
Texas Trips: 5 places on your next trip to Big Bend National Park
Forbes once considered Big Bend National Park to be, "a Texas sized geologic wonder of the world. And its true. Each year thousands of guests take the trek out to Big Bend National Park to hike, camp, climb, stargaze and experience a place unlike any other. Luckily for Houstonians, Big Bend is an easily planned trip if you want to take a quick flight and drive out to the area or a nine-hour car ride. Here are 5 places to see near Big Bend National Park:1. According to the National Park Service, Hot spring water is considered old water, fossil water, ancient and irreplaceable.