March 4, 2015 |
MOVE OVER Jeffrey Lurie, you've got company. Michael Jordan jumped into the deep end of the financial pool yesterday when Forbes revealed the former NBA star, who is now principal owner of the Hornets, made its 2015 billionaires list. It's a first for Jordan, whose $1 billion net worth ranked him at 1,741. Lurie is ranked at 1,638 with $1.1 billion. Others with ties to sports are Rams owner Stanley Kroenke, ranked 225 with $6.3 billion, Patriots owner Robert Kraft (381, $4.3 billion)
January 22, 2015 |
Merle Forbes Gibbs, 82, formerly of Malvern, the mother-in-law of Lou Scheinfeld, former vice president of development at Comcast-Spectacor, died Wednesday, Jan. 14, of pulmonary fibrosis at her home on Hutchinson Island, Fla. Scheinfeld is credited with naming the Spectrum and with introducing Kate Smith's "God Bless America" as a Flyers pregame anthem. He now works on special projects. Mrs. Gibbs was born in Winfield, Mo. She was married for 45 years to Raymond E. Forbes, and to her second husband, Alfred S. Gibbs, of Allentown, for five years.
January 6, 2015 |
Forbes has chosen Philadelphia as the permanent home of its 30 Under 30 Summit - a gathering of young entrepreneurs that organizers hope will become the nation's most elite networking event for the next generation of business and political leaders. The announcement Monday was timed to coincide with the release of the magazine's annual "Forbes 30 Under 30" list, a who's who tally of 600 entrepreneurs and leaders under age 30 that seeks to be as buzzy as its annual billionaires' list.
December 23, 2014
ISSUE | VOX POPULI Tortured thinking It's a great pity that the public is said to be largely in favor of torture ("Poll: CIA tactics approved by most," Dec. 17). A large part of the problem is this country's leadership. Large megaphones have been granted to those who are in favor of torture, with critics relegated to the sidelines. The result is that the public is about as well-informed on the morality and usefulness of torture as they are on the country's fiscal deficit. (And on that issue, Forbes, in February 2013, noted that only 6 percent of voters were aware that the deficit is neither growing nor staying the same, but actually shrinking, and at a rather dramatic rate at that.)
November 6, 2014 |
Mirror, mirror on the wall, who's the biggest female music star of them all? Beyoncé made the most money. Taylor Swift sold the most CDs. Tow-may-tow, ta-mah-toe, let's call the whole thing (shake it) off. Queen Bey was No. 1 on Forbes ' new list of 2014's highest-paid female musicians, lifting her earnings from $53 million in 2013 to a staggering $115 million in 2014 - a raise similar to the one Tattle is hoping to get this year. Bey's number left poor, old Taylor in the dust with a piddling $64 million.
October 23, 2014
MORGAN BERMAN, founder and CEO of MilkCrate Philly, was wrapping up her pitch yesterday to a panel of big shots at the Forbes Under 30 Summit, a three-day gathering of young game-changers at the Pennsylvania Convention Center. MilkCrate, which has a mobile app to help people live more sustainably in neighborhoods, was one of five finalists selected to make a five-minute pitch - dubbed the "$400,000 Pressure Cooker" - to the panel, which included AOL founder Steve Case, Forbes Media CEO Mike Perlis and former venture capitalist Troy Carter, founder of Atom Factory.
October 22, 2014 |
Monica Lewinsky has been called a lot of names since her affair with President Bill Clinton became public in 1998 - many of them unfit for publication. She has a different way of describing herself: "I was Patient Zero - the first person ever to have her reputation instantaneously destroyed worldwide via the Internet. " The former White House intern made her comments in an address Monday at the inaugural Forbes Under 30 Summit at the Convention Center, what she called her first major public speaking engagement.
October 21, 2014 |
A white sign fluttered from a fourth-floor balcony at the Piazza at Schmidts where six young men and women sipped from bottles and red plastic cups, music blaring below. "Yo Wiz," the sign read, calling out to rapper Wiz Khalifa, "After Party Over Here. " The best party in the city on Sunday did, indeed, seem to be at the Under 30 music festival, where Khalifa and others played as part of the Forbes Under 30 Summit. The four-day event, which kicked off with the free concert, is bringing billionaires, venture capitalists, business tycoons, and young entrepreneurs together in Philadelphia through Wednesday.
September 28, 2014 |
Next month, Forbes magazine is putting on its first Under 30 Summit in Philadelphia, a confab aimed at young tech entrepreneurs. The event runs Oct. 19 to 22. It aims to be a sort of mini-SXSW, with panel discussions, interview sessions, and Shark Tank -style competitions all day long at the Convention Center Oct. 20 and 21. All manner of boldface names will be in town: Tinder cofounder Sean Rad; Shake Shack restaurateur Danny Meyer; America...
September 25, 2014 |
WHEN IT comes to money, no one in hip-hop beats Dr. Dre . Beats, get it? Thanks to his ownership stake in the headphone company sold to Apple, Dre has finished No. 1 in Forbes ' latest list of the top earners in hip-hop. His pretax earnings? $620 million - the biggest number of any entertainer ever evaluated by Forbes , the magazine said, and more than the combined earnings of the other 24 heavy-hitters on the Hip-Hop Cash Kings list. Even among the 1 percent, there's a 1 percent.