nichenya+spasi: billionaire’s

Throwing good money after bad and refusing to cut his losses with risky healthcare bets cost Jack Schuler most of his fortune—and left hundreds of underserved kids in the lurch.Read the full story on Forbes: https://www.forbes.com/sites/giacomotognini/2024/04/16/inside-the-collapse-of-a-former-billionaires-foundation-for-low-income-students/?sh=1cbc813f2f78Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported…

Much is up in the air in Latin America: Mexico may see its first-ever female president, the Argentine peso is collapsing amid the country’s highest inflation in three decades and Brazil’s new president Luiz Inácio Lula da Silva continues to wrestle with a deeply polarized political environment. But one thing is certain: billionaires in the…

You don’t have to be a finance whiz to make Forbes’ World’s Billionaires list, but it sure does help. While people have gotten super-rich in everything from soy sauce to palm oil to damaged cars, being in finance, whether private equity or hedge funds or venture capital, is the most common way the world’s wealthiest…