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Billionaires

Why Wollongong is the proving ground for Canva’s Global Goals platform

Canva’s new initiative, Global Goals, aims to crowdsource humanity’s aspirations. A coastal city south of Sydney – with long-established roots in Australia’s most successful consumer platform – is key to pulling it off.

  • By Shivaune Field
  • Business Journalist

Zuckerberg’s fortune drops $18 billion as Wall Street sours on Meta’s AI spending

Shares of the Facebook parent have plunged over what could be an 11-day losing streak.

  • By Ty Roush
  • Forbes Staff

When AI succeeds at the wrong goal: The lesson from OpenAI’s rogue agent

Recent news of OpenAI models autonomously breaching Hugging Face servers serves as a cautionary tale rooted in a two-decade-old AI paradox.

  • By Shivaune Field
  • Business Journalist

Inside the Arnault family succession fight Bernard Arnault says doesn’t exist

Arnault says his family is just fine, thank you very much.

  • By Mary Whitfill Roeloffs

Asides

‘Former trillionaire’ Elon Musk’s wealth sinks as SpaceX shares slide

The Tesla and SpaceX CEO recently acknowledged his fortune’s decline, calling himself a “former” trillionaire.

  • By Ty Roush
  • Forbes Staff

Inside the $390 million fiasco of Russia’s seized super yachts

After Putin invaded Ukraine, Western countries grabbed 20 yachts to punish him and his cronies. Great PR move but terrible economics as many still rot in their berths, costing taxpayers millions.

  • By Giacomo Tognini

Mark Zuckerberg overtakes Michael Dell as 5th richest amid Dell selloff

The hardware firm’s stock has cooled since skyrocketing to an all-time high last month.

  • By Ty Roush
  • Forbes Staff

Exclusive: Canva’s billionaire cofounders reveal next step in plan to give away vast majority of their fortune

In an interview with Forbes, the design software giant’s CEO Melanie Perkins discusses her and husband Cliff Obrecht’s latest philanthropic initiative.

  • By Madhulika Pathak

How Bending Spoons built a $18.4 billion empire by buying internet has-beens like AOL

Buying busted apps made Bending Spoons’s four cofounders billionaires. Now their stakes have collectively jumped to $8.9 billion after the Milan-based startup scrap yard listed on Nasdaq at an $18.4 billion valuation.

  • By Iain Martin

The numbers behind the 2026 World Cup

Twenty-five teams—and two billionaire players—are still competing for a $713,000 trophy and $50 million in prize money. Here are more figures to know about the World Cup.

  • By Brett Knight
  • Forbes Staff
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