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Continuing journalism and reports about business, technology, philanthropy & the universe of entrepreneurship. Forbes writers and editors, industry leaders, celebrities, and more are joining the conversation on Forbes Talks.
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- Today3 min
FIFA Head Sets Deadline For Members To Claim $20 Million In Kushner-Backed World Cup Plan
FIFA will ask its 211 member associations to vote on its controversial plan to sell minority stakes in the World Cup in September, multiple outlets reported—although the plan has already been criticized by soccer governing bodies in the Americas, Asia and Europe. In a deal first reported by The Times and the Financial Times, FIFA is planning to raise an estimated $4.2 billion in 2026 by selling a reported 20% minority stake in a new subsidiary at an equity valuation of $20 billion. FIFA confirmed the plans in an announcement on Tuesday morning, which said the new company would be called FIFA Forward Enterprise and would control the nonprofit organization’s “commercial and event operations.” Learn more about your ad choices. Visit megaphone.fm/adchoices
- Yesterday3 min
Zuckerberg’s Fortune Drops $18 Billion As Wall Street Sours On Meta’s AI Spending
Mark Zuckerberg’s net worth declined by nearly $18 billion on Thursday as Meta’s stock paced an 11-day losing streak, with Wall Street souring on the Facebook parent’s plans to accelerate spending on AI. Shares of Meta plunged 9% as of Thursday afternoon, pacing what would be the stock’s worst single-day loss this year so far and a 21.7% slide over the last 11 trading sessions. The latest dip in Meta’s shares cut $17.8 billion from Zuckerberg’s net worth, valued at $183.3 billion, ranking him the sixth-richest person in the world directly ahead of Nvidia’s Jensen Huang ($167.2 billion) and behind Michael Dell ($228.9 billion). Learn more about your ad choices. Visit megaphone.fm/adchoices
- 2 days ago3 min
Nvidia And OpenAI Discussing $500 Billion Data Center—Here’s What We Know
Nvidia and OpenAI have held talks to spend roughly $500 billion on a data center in southern Ohio, potentially becoming the largest such project by power capacity in the world by far. Read the full story on Forbes: https://www.forbes.com/sites/tylerroush/2026/07/27/nvidia-and-openai-discussing-500-billion-data-center-heres-what-we-know/ Learn more about your ad choices. Visit megaphone.fm/adchoices
- 3 days ago3 min
Elon Musk’s Wealth Sinks Below $700 Billion As SpaceX Rout Extends
A further decline in SpaceX shares on Monday cut Elon Musk’s net worth by more than $20 billion, lowering his fortune below the $700 billion threshold for the first time since December, as Musk falls further from his trillionaire status. Read the full story on Forbes: https://www.forbes.com/sites/tylerroush/2026/07/27/elon-musks-wealth-sinks-below-700-billion-as-spacex-rout-extends/ Learn more about your ad choices. Visit megaphone.fm/adchoices
- 4 days ago3 min
Chipmaker Courted By Apple Soars On Market Debut—Briefly Becomes China’s Most Valuable Company
CXMT—whose memory chips have been sought by Apple—made a blockbuster trading debut on Monday and briefly became the most valuable publicly listed company in mainland China, mirroring surges in the stock price of other major memory chipmakers like Samsung, SK Hynix and Micron amid an AI-driven boom in demand. Read the full story on Forbes: https://www.forbes.com/sites/siladityaray/2026/07/27/chipmaker-courted-by-apple-soars-on-market-debut-and-briefly-becomes-chinas-most-valuable-company/ Learn more about your ad choices. Visit megaphone.fm/adchoices
- 5 days ago3 min
Dubai Had A Record Number Of Tourists Last Year. Now, They’re Paying People To Visit.
The city of Dubai is making dramatic—and expensive—efforts to recoup the once record-breaking tourist numbers that have plummeted since the start of the Iran war by offering travel perks worth upwards of $800 to residents who invite visitors to enter the country between now and the end of October. Read the full story on Forbes: https://www.forbes.com/sites/maryroeloffs/2026/07/23/dubai-had-a-record-number-of-tourists-last-year-now-theyre-paying-people-to-visit/ Learn more about your ad choices. Visit megaphone.fm/adchoices
- 6 days ago3 min
Here’s Why LeBron Can Afford To Take A Pay Cut To Join The 76ers
LeBron James on Friday signed a two-year, $8 million contract with the Philadelphia 76ers to extend his historically long NBA career, a sizable pay cut for James, whose earnings and investments on and off the court have cemented his billionaire status for years. James signed an $8 million deal with a player option, allowing him to extend his contract for an additional season at a set salary or become an unrestricted free agent, NBA insider Shams Charania reported, marking a 92% pay cut from his $52.6 million salary the previous season. Forbes named James—whose net worth is valued at $1.4 billion as of Friday—a billionaire in 2022, making him the first athlete to reach billionaire status while still active in their sport, and he is one of four active billionaire athletes, joining Cristiano Ronaldo, Lionel Messi and Tiger Woods. By Ty Roush, Forbes Staff Learn more about your ad choices. Visit megaphone.fm/adchoices
- 1 weeks ago3 min
LeBron James Will Join Philadelphia 76ers—Extending His Historic Career Another 2 Years
LeBron James will join the Philadelphia 76ers, according to ESPN, and will sign a two-year contract with the team that will further his historically long NBA career by another two years. Read the full story on Forbes: https://www.forbes.com/sites/antoniopequenoiv/2026/07/24/lebron-james-will-join-philadelphia-76ers-extending-his-historic-career-another-2-years/ Learn more about your ad choices. Visit megaphone.fm/adchoices
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About Forbes Topline
Continuing journalism and reports about business, technology, philanthropy & the universe of entrepreneurship. Forbes writers and editors, industry leaders, celebrities, and more are joining the conversation on Forbes Talks.
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