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_how-china39s-richest-billionaires-made-their-money-in-2024.jpg "As China’s stock market goes, so goes its billionaire population. And last year was not a good year for many Chinese stocks. As a result, the number of mainland Chinese billionaires on Forbes’ World’s Billionaires list fell for the third consecutive year. A total of 406 Chinese billionaires made the ranking, down from 495 a year ago and a record 626 in 2021. Continued fallout from the pandemic and geopolitical tension drove down stock prices and hurt economic growth in the world’s second largest economy. A deepening slump in the country’s property market also diminished fortunes.<br/><br/>Still, mainland China has the second largest number of billionaires globally, behind only the U.S., which has 813 billionaires this year.<br/><br/>Mainland China doesn’t include passport holders from Hong Kong or Macau, whom Forbes lists separately. Counting those billionaires, greater China has 473 members, down from 562 in 2023, 607 in 2022 and 698 in 2021.<br/><br/>The Forbes World’s Billionaires list is a snapshot of wealth using stock prices and exchange rates from March 8, 2024. Some people become richer or poorer within days of publication. We list individuals rather than multigenerational families who share fortunes, though we include wealth belonging to a billionaire’s spouse and children in certain cases, namely if that person is the founder of the fortune. For Russian billionaires, fortunes were calculated using ownership structures from February 2022, prior to Russia’s invasion of Ukraine and before many made transfers of assets to managers, friends and others in an effort to protect their holdings from sanctions. We value a variety of assets, including private companies, real estate, art and more. We don’t pretend to know each billionaire’s private balance sheet (though some provide it). When documentation isn’t supplied or available, we discount fortunes. For daily updates of net worths, go to forbes.com/real-time-billionaires.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/russellflannery/2024/04/02/the-10-richest-chinese-billionaires-2024/?sh=7eb8b36d6b40<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneu")
⏲ 3:36 👁 10.9M
_fed-march-meeting-minutes-show-concern-over-inflation.jpg "The Federal Reserve wants 'greater confidence' that inflation is easing before it cuts interest rates. That's according to the minutes from the fed's March meeting.Inflation dominated Fed officials' conversations, with concerns that it is not headed on a 'sustainable' path to 2 percent.")
⏲ 0:38 👁 1.5M
_chaos-in-the-rental-market-with-average-of-ten-renters-registering-for-each-property-in-february.jpg "More families are turning to renting due to challenges in saving for deposits or affording mortgage rates, leading to a nearly doubling in the proportion renters over a generation. This fuels concern for Generation Stuck – those currently unable to buy a home - as 42% of renters fear that they will be stuck renting for the rest of their lives.")
⏲ 2:0 👁 23.1M
_yes-the-economy-could-still-pull-off-a-soft-landing.jpg "Inflation continues to tick slightly higher – but look beyond the ‘Magnificent Seven’ and you’ll see there are plenty of companies still doing well.")
⏲ 9:34 👁 2.7M
_adelaide-renters-continue-to-struggle-with-low-vacancy-rate.jpg "New data shows renters continue to struggle through competitive market conditions with Adelaide becoming the hardest city to find a rental in March. The State Government says its focused on improving housing supply, but people on the hunt for somewhere to live now say that can't come soon enough.")
⏲ 1:51 👁 40.1M
_the-r-rated-wolverine-we-almost-got.jpg "Sometimes, when filmmakers swing for the fences, they don't quite hit a home run. In the case of 2013's The Wolverine, it certainly wasn't a lack of directorial ambition that got in the way.")
⏲ 3:53 👁 1.2M
_this-billionaire-bought-over-a-thousand-small-businesses-and-never-lost-a-dime.jpg "Staying small is working out big time for Shore Capital. Their average internal rate of return on its 14 exits, all in health care, is 53%, net of fees. That’s nearly triple the average net IRR of U.S. buyout funds raised since 2009, according to data from Cambridge Associates. After Shore took its 20% to 30% cut of profits, its exits multiplied investors’ money by 5.5 times on average, also nearly triple the average total value to paid-in capital multiple of U.S. buyout funds raised during that period. Shore has never unloaded a company for less than three times cost before fees, nor, it says, has it ever suffered a loss. “Those are top 1% returns in private equity,” marvels one investor who asked not to be identified, citing his organization’s press policy. “That’s rarefied air, right? That’s more like venture capital than a traditional buyout firm.”<br/><br/>Ishbia and his team have acquired more than 1,000 mom-and-pop shops across the country (average cost: $15 million) since Shore’s 2009 founding and rolled them up into 61 larger chains of things including autism treatment clinics, bakeries and exterminators. “We’re buying businesses in Akron, Ohio, and Pittsburgh, and Birmingham, Alabama,” Ishbia says. “There’s more low-hanging fruit for me. It’s Joe Schmo on Main Street.”<br/><br/>Shore then invests in computer systems and equipment, stacks the businesses’ boards with industry veterans and hunts for complementary companies in adjacent markets. “We’re just buying and buying and buying,” says Ishbia, who insists Shore doesn’t take on as much debt as other private equity firms and doesn’t cut services or head count. “The private equity world gets a bad rap for ‘buy this, slash that.’ We are growth—we have almost 35,000 employees and hire thousands per year.”<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/mattdurot/2024/04/08/this-main-street-billionaire-bought-over-a-thousand-small-businesses-and-never-lost-a-dime-justin-ishbia/?sh=3140aa9e39ee<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
⏲ 11:7 👁 1.2M
_wall-street-strategists-unfazed-by-revised-fed-expectations-bullish-on-stock-market-rally.jpg "Investors have adjusted their expectations for Federal Reserve interest rate cuts to only two in 2024, down from the previously anticipated seven cuts. However, Wall Street strategists maintain that the resilience of the stock market suggests that these revised expectations for Fed policy will not hinder the ongoing rally in stocks. Strategists say the most important part of the Fed discussion remains that easing is still in the pipeline. Limited signs of high interest rates slowing corporate earnings or US economic growth have encouraged bulls. Consensus estimates are for earnings growth to pick up throughout 2024.")
⏲ 0:39 👁 550K
_destroying-battlefield-2042-with-the-new-4090-you-won39t-believe-what-happens.jpg "Battlefield 2042: Can the RTX 4090 Beast it at 4K 60FPS with DLSS?! (You WON'T BELIEVE This!)<br/>Description:<br/><br/>Think you've seen the smoothest Battlefield 2042 gameplay ever? Think AGAIN!We strapped in a monster RTX 4090 and cranked everything to ULTRA with RTX ON and DLSS.You won't believe the insane graphics and silky smooth performance at 4K 60FPS!This is Battlefield like you've never seen it before.<br/><br/>**Is the RTX 4090 the ULTIMATE Battlefield machine? What frame rates will YOU get? **<br/><br/>This video will answer ALL your questions and BLOW YOUR MIND!<br/><br/>Don't forget to LIKE, COMMENT & SUBSCRIBE for more insane gaming benchmarks!<br/><br/>#Battlefield2042 #RTX4090 #4K #UltraGraphics #DLSS #60FPS #GamingPC #Benchmark #NextLevel<br/>Recorded With Shadowplay Monitoring Program. MSI Afterburner<br/>My PC Specs:<br/><br/>• CPU : Intel Core i9-13900K<br/>• CPU : Liquid cooler ROG RYUJIN II 360<br/>• MB: ASUS ROG Strix Z790-F Gaming WiFi<br/>• RAM : G.SKILL TRIDENT Z5 RGB 32GB ( 2 X 16GB ) DDR5-5600Mhz<br/>• GPU : Msi GeForce RTX 4090 Gaming X Trio 24G<br/>• PSU : ASUS ROG THOR 1000W PLATINUM II <br/>• M.2 : Samsung (MZ-V7E1T0BW) 970 EVO SSD 1TB - M.2 NVMe<br/>• M.2 : KINGSTON A2000 500GB M.2 NVME<br/>• OS: Windows 11 Pro 64bit<br/>• CASE : ROG STRIX HELIOS RGB<br/>")
⏲ 14:1 👁 135K
_canberra-hospitals-management-checklist-helps-reduce-mortality-rate-of-extremely-premature-babies-by-16.jpg "A simple checklist created by a Canberra doctor is saving the lives on premature babies here in Australia, and thousands of kilometres away. As well as giving neo-natal specialists more support to do their job, it is also giving families confidence that their tiny bundles of joy are in the safest hands.")
⏲ 2:23 👁 8.1M
_uber-and-lyft-to-cease-operations-in-minneapolis-on-may-1st-as-new-city-ordinance-requires-higher-pay-takes-effect.jpg "Uber and Lyft said they will stop serving Minneapolis starting May 1st in response to a new city ordinance requiring higher driver pay rates. The ordinance requires rates of $1.40 per mile and $0.51 per minute, or $5 per ride, exceeding what a state study said was needed to meet the $15.57 minimum wage. Gov. Walz is concerned about the effects on transportation access if Ube and Lyft leave the metro area of 3 million people. He advocated for a resolution through compromise with the Minneapolis City Council, rather than state legislative intervention, as the most effective approach to address the issue.")
⏲ 0:43 👁 1000K
_chaos-in-the-rental-market-with-average-of-ten-renters-registering-for-each-property-in-february.jpg "More families are turning to renting due to challenges in saving for deposits or affording mortgage rates, leading to a nearly doubling in the proportion renters over a generation. This fuels concern for Generation Stuck – those currently unable to buy a home - as 42% of renters fear that they will be stuck renting for the rest of their lives.")
⏲ 2:0 👁 730K
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_how-china39s-richest-billionaires-made-their-money-in-2024.webp "As China’s stock market goes, so goes its billionaire population. And last year was not a good year for many Chinese stocks. As a result, the number of mainland Chinese billionaires on Forbes’ World’s Billionaires list fell for the third consecutive year. A total of 406 Chinese billionaires made the ranking, down from 495 a year ago and a record 626 in 2021. Continued fallout from the pandemic and geopolitical tension drove down stock prices and hurt economic growth in the world’s second largest economy. A deepening slump in the country’s property market also diminished fortunes.<br/><br/>Still, mainland China has the second largest number of billionaires globally, behind only the U.S., which has 813 billionaires this year.<br/><br/>Mainland China doesn’t include passport holders from Hong Kong or Macau, whom Forbes lists separately. Counting those billionaires, greater China has 473 members, down from 562 in 2023, 607 in 2022 and 698 in 2021.<br/><br/>The Forbes World’s Billionaires list is a snapshot of wealth using stock prices and exchange rates from March 8, 2024. Some people become richer or poorer within days of publication. We list individuals rather than multigenerational families who share fortunes, though we include wealth belonging to a billionaire’s spouse and children in certain cases, namely if that person is the founder of the fortune. For Russian billionaires, fortunes were calculated using ownership structures from February 2022, prior to Russia’s invasion of Ukraine and before many made transfers of assets to managers, friends and others in an effort to protect their holdings from sanctions. We value a variety of assets, including private companies, real estate, art and more. We don’t pretend to know each billionaire’s private balance sheet (though some provide it). When documentation isn’t supplied or available, we discount fortunes. For daily updates of net worths, go to forbes.com/real-time-billionaires.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/russellflannery/2024/04/02/the-10-richest-chinese-billionaires-2024/?sh=7eb8b36d6b40<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneu")
_fed-march-meeting-minutes-show-concern-over-inflation.webp "The Federal Reserve wants 'greater confidence' that inflation is easing before it cuts interest rates. That's according to the minutes from the fed's March meeting.Inflation dominated Fed officials' conversations, with concerns that it is not headed on a 'sustainable' path to 2 percent.")
_chaos-in-the-rental-market-with-average-of-ten-renters-registering-for-each-property-in-february.webp "More families are turning to renting due to challenges in saving for deposits or affording mortgage rates, leading to a nearly doubling in the proportion renters over a generation. This fuels concern for Generation Stuck – those currently unable to buy a home - as 42% of renters fear that they will be stuck renting for the rest of their lives.")
_yes-the-economy-could-still-pull-off-a-soft-landing.webp "Inflation continues to tick slightly higher – but look beyond the ‘Magnificent Seven’ and you’ll see there are plenty of companies still doing well.")
_adelaide-renters-continue-to-struggle-with-low-vacancy-rate.webp "New data shows renters continue to struggle through competitive market conditions with Adelaide becoming the hardest city to find a rental in March. The State Government says its focused on improving housing supply, but people on the hunt for somewhere to live now say that can't come soon enough.")
_the-r-rated-wolverine-we-almost-got.webp "Sometimes, when filmmakers swing for the fences, they don't quite hit a home run. In the case of 2013's The Wolverine, it certainly wasn't a lack of directorial ambition that got in the way.")
_this-billionaire-bought-over-a-thousand-small-businesses-and-never-lost-a-dime.webp "Staying small is working out big time for Shore Capital. Their average internal rate of return on its 14 exits, all in health care, is 53%, net of fees. That’s nearly triple the average net IRR of U.S. buyout funds raised since 2009, according to data from Cambridge Associates. After Shore took its 20% to 30% cut of profits, its exits multiplied investors’ money by 5.5 times on average, also nearly triple the average total value to paid-in capital multiple of U.S. buyout funds raised during that period. Shore has never unloaded a company for less than three times cost before fees, nor, it says, has it ever suffered a loss. “Those are top 1% returns in private equity,” marvels one investor who asked not to be identified, citing his organization’s press policy. “That’s rarefied air, right? That’s more like venture capital than a traditional buyout firm.”<br/><br/>Ishbia and his team have acquired more than 1,000 mom-and-pop shops across the country (average cost: $15 million) since Shore’s 2009 founding and rolled them up into 61 larger chains of things including autism treatment clinics, bakeries and exterminators. “We’re buying businesses in Akron, Ohio, and Pittsburgh, and Birmingham, Alabama,” Ishbia says. “There’s more low-hanging fruit for me. It’s Joe Schmo on Main Street.”<br/><br/>Shore then invests in computer systems and equipment, stacks the businesses’ boards with industry veterans and hunts for complementary companies in adjacent markets. “We’re just buying and buying and buying,” says Ishbia, who insists Shore doesn’t take on as much debt as other private equity firms and doesn’t cut services or head count. “The private equity world gets a bad rap for ‘buy this, slash that.’ We are growth—we have almost 35,000 employees and hire thousands per year.”<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/mattdurot/2024/04/08/this-main-street-billionaire-bought-over-a-thousand-small-businesses-and-never-lost-a-dime-justin-ishbia/?sh=3140aa9e39ee<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_wall-street-strategists-unfazed-by-revised-fed-expectations-bullish-on-stock-market-rally.webp "Investors have adjusted their expectations for Federal Reserve interest rate cuts to only two in 2024, down from the previously anticipated seven cuts. However, Wall Street strategists maintain that the resilience of the stock market suggests that these revised expectations for Fed policy will not hinder the ongoing rally in stocks. Strategists say the most important part of the Fed discussion remains that easing is still in the pipeline. Limited signs of high interest rates slowing corporate earnings or US economic growth have encouraged bulls. Consensus estimates are for earnings growth to pick up throughout 2024.")
_destroying-battlefield-2042-with-the-new-4090-you-won39t-believe-what-happens.webp "Battlefield 2042: Can the RTX 4090 Beast it at 4K 60FPS with DLSS?! (You WON'T BELIEVE This!)<br/>Description:<br/><br/>Think you've seen the smoothest Battlefield 2042 gameplay ever? Think AGAIN!We strapped in a monster RTX 4090 and cranked everything to ULTRA with RTX ON and DLSS.You won't believe the insane graphics and silky smooth performance at 4K 60FPS!This is Battlefield like you've never seen it before.<br/><br/>**Is the RTX 4090 the ULTIMATE Battlefield machine? What frame rates will YOU get? **<br/><br/>This video will answer ALL your questions and BLOW YOUR MIND!<br/><br/>Don't forget to LIKE, COMMENT & SUBSCRIBE for more insane gaming benchmarks!<br/><br/>#Battlefield2042 #RTX4090 #4K #UltraGraphics #DLSS #60FPS #GamingPC #Benchmark #NextLevel<br/>Recorded With Shadowplay Monitoring Program. MSI Afterburner<br/>My PC Specs:<br/><br/>• CPU : Intel Core i9-13900K<br/>• CPU : Liquid cooler ROG RYUJIN II 360<br/>• MB: ASUS ROG Strix Z790-F Gaming WiFi<br/>• RAM : G.SKILL TRIDENT Z5 RGB 32GB ( 2 X 16GB ) DDR5-5600Mhz<br/>• GPU : Msi GeForce RTX 4090 Gaming X Trio 24G<br/>• PSU : ASUS ROG THOR 1000W PLATINUM II <br/>• M.2 : Samsung (MZ-V7E1T0BW) 970 EVO SSD 1TB - M.2 NVMe<br/>• M.2 : KINGSTON A2000 500GB M.2 NVME<br/>• OS: Windows 11 Pro 64bit<br/>• CASE : ROG STRIX HELIOS RGB<br/>")
_canberra-hospitals-management-checklist-helps-reduce-mortality-rate-of-extremely-premature-babies-by-16.webp "A simple checklist created by a Canberra doctor is saving the lives on premature babies here in Australia, and thousands of kilometres away. As well as giving neo-natal specialists more support to do their job, it is also giving families confidence that their tiny bundles of joy are in the safest hands.")
_uber-and-lyft-to-cease-operations-in-minneapolis-on-may-1st-as-new-city-ordinance-requires-higher-pay-takes-effect.webp "Uber and Lyft said they will stop serving Minneapolis starting May 1st in response to a new city ordinance requiring higher driver pay rates. The ordinance requires rates of $1.40 per mile and $0.51 per minute, or $5 per ride, exceeding what a state study said was needed to meet the $15.57 minimum wage. Gov. Walz is concerned about the effects on transportation access if Ube and Lyft leave the metro area of 3 million people. He advocated for a resolution through compromise with the Minneapolis City Council, rather than state legislative intervention, as the most effective approach to address the issue.")
_chaos-in-the-rental-market-with-average-of-ten-renters-registering-for-each-property-in-february.webp "More families are turning to renting due to challenges in saving for deposits or affording mortgage rates, leading to a nearly doubling in the proportion renters over a generation. This fuels concern for Generation Stuck – those currently unable to buy a home - as 42% of renters fear that they will be stuck renting for the rest of their lives.")
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