Forbes
Coverage of Forbes in the Nexus archive.
- Nevada couple killed in first fatal crash involving Tesla’s new electric semi-truck
A Nevada couple was killed when Tesla’s new electric semi-truck collided with a vintage Volkswagen Beetle at an intersection in Dayton, NE on June 28. The crash occurred around 7:20 a.m. and is reported as the first fatal incident involving the vehicle.
- Trump filing shows he took in about $1.2 billion from crypto businesses last year
President Trump's crypto businesses generated $1.2 billion in revenue last year, with World Liberty Financial earning over $500 million and CIC Digital LLC over $600 million, though their tokens and coins later declined in value. His property ventures, including international hotels and Mar-a-Lago, also saw significant revenue growth.
- Trump filing shows he took in about $1.2 billion from crypto businesses last year
President Donald Trump earned approximately $1.2 billion from crypto businesses last year, primarily through World Liberty Financial and CIC Digital LLC, as disclosed in a federal filing. These ventures surpassed his property portfolio's revenue, with additional income from Trump-branded products and international real estate deals.
- Ukrainian Tycoon Injured in Monaco Parcel Bomb Explosion
A blast in a Monaco residential building injured seven people, including Ukrainian businessman Vadym Iermolaiev, his wife, and son. Authorities are investigating a suspected backpack bomb attack. Iermolaiev is the founder of the Dnipro-based Alef Group and a Forbes-listed Ukrainian.
- Stephen A Smith questions wealth of Bill Clinton and Barack Obama, says Americans should prosper first
Stephen A. Smith questions the multi-million-dollar net worths of Bill Clinton and Barack Obama, arguing that political leaders should only prosper if Americans are also doing so. He criticizes how Clinton and Obama accumulated wealth post-presidency, despite their public service salaries.
- Khaby Lame Tops the Charts as Africa’s Creators Go Global
Khaby Lame, a Senegal-born TikTok star, is listed among Forbes' top global creators for 2026, indicating Africa's digital creators' global reach.
- Dangote Says His Refinery Alone Is Worth $40 Billion
Aliko Dangote claims his Lagos refinery is valued at over $40 billion, contradicting Forbes and Bloomberg. The valuation is being tested by an upcoming pan-African IPO.
- See how Elon Musk's fortune compares with the richest Americans in history
Elon Musk's fortune has surpassed historical figures like John D. Rockefeller, now estimated at over $800 billion, following SpaceX's IPO. Historical wealth comparisons use GDP-adjusted net worth, with Rockefeller's peak wealth equivalent to $512.7 billion today.
- SpaceX stock jumps after record IPO, making Musk the first trillionaire
SpaceX's stock surged over 20% in its Nasdaq debut, valuing the company at over $2 trillion and estimating Elon Musk's net worth at $1.1 trillion. The company is expected to join the Nasdaq 100, influencing passive funds and ETFs tracking the index.
- Elon Musk could become the world’s first trillionaire with SpaceX’s IPO
Elon Musk is poised to become the world's first trillionaire as SpaceX prepares for its initial public offering (IPO), which could raise $75 billion. The article highlights Musk's net worth at $982.6 billion and SpaceX's ambitious goals, including Mars colonization and orbital data centers, despite the company's $8.7 billion loss between 2025 and 2026.
- 'The Donald of Dubai': property tycoon seeks to become data king
UAE real estate magnate Hussain Sajwani is investing billions in data centres to capitalize on the AI boom, aiming to become a global leader in the field. Sajwani, associated with Donald Trump and other high-profile figures, has a net worth of $15.3 billion and is second on Forbes' Arab rich-list.
- Billionaire moves into 10th place globally as Inditex sales jump
Amancio Ortega moved into 10th place on the Forbes real-time billionaires list after Inditex reported accelerating sales in the current quarter.
- Scarlett Johansson, who earned $43M in 2025, says life is a constant ‘deficit’ at home
Scarlett Johansson earned $43 million in 2025, according to Forbes, making her the highest-paid actress of the year. She also commented that life is a constant 'deficit' at home.
- AI-generated papers flood submissions to scientific journals
arXiv announced a one-year ban for scientists submitting AI-generated papers with hallucinated references or fake content. The pre-peer-reviewed paper repository is combating a surge in fraudulent submissions, with computer science being the most affected field. Journal submission rates have increased 42% since ChatGPT's launch, prompting stricter enforcement against AI-generated content.
- why is zcash on WSJ and Forbes?
Zcash is featured on WSJ and Forbes due to its sudden price surge, sparking interest among billionaires and investors. The cryptocurrency's value has increased significantly, leading to comparisons with Bitcoin's surge in 2013. This attention has led to discussions about a potential $15 trillion crypto flip.
- Forbes preliminarily agrees to pay $10 million to settle California wiretapping lawsuit
Forbes has agreed to pay $10 million to settle a California wiretapping lawsuit and will provide users with greater notice of its use of trackers. The settlement also includes adding language to the Forbes website to give California residents more control over their data collection and sharing. This agreement is preliminary and aims to address concerns over user data privacy.
- Vibe Coding Will Break Your Company
The article argues that 'vibe coding'—an informal, unstructured approach to software development—can lead to technical debt, inefficiencies, and long-term harm to companies. It emphasizes the risks of prioritizing short-term flexibility over disciplined engineering practices.
- California gubernatorial candidate Tom Steyer outlines priorities for Golden State
Tom Steyer, a billionaire environmentalist and top polling candidate, outlines his priorities for California's gubernatorial race in an interview with KTLA's Andy Rose Ramos. The race is described as crowded, with Steyer emphasizing his platform and vision for the Golden State.
- A few notes on how tokenization is going to transform the commodity markets...and they don't know it yet.
The article discusses how tokenization is poised to revolutionize commodity markets by increasing liquidity, particularly for lesser-known commodities, and reshaping supply chains and valuation models. The Oregon Group highlights its potential to transform trading dynamics and revalue assets through blockchain-based systems.