Investing

From a 19-year-old college student to Asia’s richest person, it pays wells to be born rich.

Reddit’s long-run vision of growing advertising revenues and profitability “are promises we’ve heard too many times,” according to Bernstein analysts.

Six months after its launch, TikTok Shop has sold more than $1 billion worth of products — some of questionable quality, including counterfeits.

Bankruptcy, scandal and stock crashes helped knock Bolt’s Ryan Breslow, Evergrande’s Hui Ka Yan and scores of others out of the three-comma club over the past year.

Here are the wealthiest people on Forbes’ annual rich list.

Kristi Marvin, the founder and CEO of SPACInsider, joins “Forbes Newsroom” to discuss Donald Trump’s social media company, Truth Social, plummeting in the stock market on Monday.

For the first time in 15 years, there are no self-made billionaires under the age of 30.

OpenAI’s Voice Engine will not be publicly available yet, in part due to the “serious risks” that come with generating voices in an election year.

It was a “nightmare quarter” for Elon Musk’s electric vehicle titan.

Storied startup accelerator Y Combinator is targeting at least $2 billion, sources told Forbes, in its first major fundraising effort under Garry Tan.