How A $500 Million Cash Infusion From Wall Street Adds Billions To Ripple’s Founders’ Net Worths

Russell Vought’s dismantling of the Consumer Financial Protection Bureau is putting the public at risk in areas ranging from auto loans and digital payments to credit cards and credit reports. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The company behind the world’s fourth largest crypto is reinventing itself as a conglomerate. Two of Wall Street’s savviest firms, Fortress and Citadel Securities, are backing it. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Startup Leo Cancer Care is transforming proton radiation treatment with a simple idea: having patients sit up instead of lying down. Now hospitals that include Stanford and McLaren are lining up to buy dozens of machines. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Strong ad sales have propelled Steve Huffman into the billionaire ranks. Now he’s charting a new course, aiming to become invaluable to AI companies. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Six of the ten richest people on the planet saw their rankings rise or fall on the Forbes billionaires list in a wild October for the world’s wealthiest. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

At least 26 billionaires have spent millions trying to stop Mamdani from becoming New York’s next mayor on Tuesday. More surprising are the two billionaires who stepped up to support the frontrunner. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

With a new $10 billion valuation for their AI recruiting startup Mercor, the founders have become the youngest self-made tech billionaires ever, beating out Mark Zuckerberg who debuted at age 23 two decades ago. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In the 1990s, Muhlenkamp Fund’s clever value investing formula made it a star among no load mutual funds. Then the long tech bull market left it in the dust. A new generation is making a comeback. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Explosive growth in AI investments is fueling Wall Street’s biggest rally in years. Forbes’ expert contributors explore whether investors are riding a rising wave or risking an AI wipeout. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Expect some surprises when Open Enrollment for health care coverage through the ACA Marketplaces begins. Premiums are going up and the enhanced premium tax credits that help Americans afford health care coverage are scheduled to expire. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.