Forbes Daily Briefing

For the citizens of Carrollton–a small city in west Georgia covered in lush trees and flanked by the Little Tallapoosa River–the name Richards, or at least Southwire, is instantly recognizable. Many of its 28,000 residents work for the company, which has been headquartered here for more than half a century. Southwire’s founder Roy Richards (d. 1985) was deeply involved in his hometown, servin...

In 2022, hungover one morning on New Year’s trip to Miami Beach, Meta engineer Steven Rofrano saw his friend Seth Goldstein, then working in private equity, eating a bunch of “not very high-quality” tortilla chips. Rofrano, who always tried to eat healthy but never really loved the better-for-you snack foods that were available, was appalled. “It was shocking to me to find one of my friends eating...

Every week at the Crystal Hot Sauce factory, just north of New Orleans in Reserve, Louisiana, two train cars full of mashed cayenne peppers arrive on the tracks just outside the plant’s back door. The peppers are then pumped into four 20,000-gallon mixing tanks where the mash ferments under the sweltering Louisiana sun into a slurry. After water and salt are introduced, the slurry is ground i...

To celebrate the country’s 250th birthday, the 150-year-old seed giant Burpee has been selling seed collections inspired by the gardens of Thomas Jefferson and Martha Washington, giving modern Americans the chance to grow hot peppers, cucumbers and watermelons based on seed varieties that date back to the American Revolution.  These seeds are thanks to George Ball, the 74-year-old chairman and own...

Donald Trump has a long history of embellishment around his success as a businessman, for years lobbying Forbes to pump up its estimates of his net worth—occasionally while using the name John Barron, a persona he invented—and even outright lying about the size of his penthouse and other properties. And when it comes to his portfolio of golf courses, Trump can stretch the truth like a par-5. Legal...

Among big future businesses Elon Musk is selling investors in newly public SpaceX is his plan to put data centers in space: solar-powered satellites, spread across a vast network, processing information in space and beaming it back to Earth. As pitches go, it has the clean geometry of a Musk bull case. It’s the kind of “I want to die on Mars, just not on impact” sci-fi idea the newly minted trilli...

Earlier this year, David Silver, the renowned former scientist at Google DeepMind, dialed into a Zoom meeting with a venture capital firm to pitch his new startup Ineffable Intelligence. Silver, who spent over a decade at Google, believed the current approach to training AI models wouldn’t work long term. He spoke for 30 minutes about creating digital environments where AI systems could learn on t...

Only two of the world’s ten wealthiest people got richer over the past month amid a broad sell-off of tech stocks. One of them is the world’s first trillionaire. Read the full story on Forbes: https://www.forbes.com/sites/forbeswealthteam/article/the-top-ten-richest-people-in-the-world/ Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1 Fuel your success with Forbes. Gain...

Inside Forbes’ definitive ranking of the wealthiest families in the U.S. including a record number of multi-generational clans with 11-figure or 12-figure fortunes. Read the full story on Forbes: https://www.forbes.com/sites/mattdurot/2026/06/29/americas-richest-families-from-waltons-to-rockefellers--these-are-the-54-richest/ Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmatio...

Billionaire Warren Buffett will not make a midyear donation to the Gates Foundation for the first time in 20 years, the Wall Street Journal reported, as he awaits more details about the philanthropic group’s links to convicted sex offender Jeffrey Epstein. Learn more about your ad choices. Visit megaphone.fm/adchoices

The world’s biggest pop star was on the doorstep of the three-comma club when she met Travis Kelce in 2023. Three years later, both of their fortunes have risen. Read the full story on Forbes: https://www.forbes.com/sites/mattcraig/2026/07/01/how-taylor-swifts-net-worth-has-more-than-doubled-since-she-became-a-billionaire/ Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1...

OpenAI is in talks to potentially give the Trump administration a 5% stake in the company, according to the Financial Times, as calls for the American public to benefit from AI companies’ financial windfall finds bipartisan support. Read the full story on Forbes: https://www.forbes.com/sites/siladityaray/2026/07/02/openai-reportedly-pitches-granting-us-government-5-stake/ Subscribe to FORBES: http...

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 soccer’s biggest spectacle. Read the full story on Forbes: https://www.forbes.com/sites/brettknight/2026/07/01/the-numbers-behind-the-2026-world-cup/ Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking...