Forbes US - August - September 2024![Add to My Favorites Add to Favorites](/static/icons/filled.svg)
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In this issue
The Art of the Spiel
Billionaire Christian Angermayer has backed seemingly every flashy investment of the last decade: crypto, psychedelics, brain implants, longevity. With boundless bravado and a roster of famous friends, he’s getting ready to launch an Olympiad for athletes on steroids.
By Will Yakowicz and Brandon Kochkodin
Hometown Hero
After borrowing $125,000 to buy his local sub shop at 17, Peter Cancro has grown Jersey Mike’s into one of America’s fastest-growing restaurant chains, with nearly $4 billion in sales. Now the multibillionaire faces a big decision: Cash out or stay hungry?
By Jemima McEvoy
BROOKE'S NEW ACT
After decades of serving as the face of other people's brands, Brooke Shields is embracing a new role: entrepreneur.
![BROOKE'S NEW ACT](https://reseuro.magzter.com/100x125/articles/3460/1797082/z0MTLIuRA1725277940795/BROOKES-NEW-ACT.jpg)
4 mins
HIV Hail Mary
Medical database billionaire TERRY RAGON believes he can succeed where major governments have failed: by bringing together top doctors, scientists and engineers in a moon-shot bid to cure one of the world's wiliest viruses.
![HIV Hail Mary](https://reseuro.magzter.com/100x125/articles/3460/1797082/NJPGCEAXO1725278179930/HIV-HAIL-MARY.jpg)
5 mins
Rare Fortune
Hedge fund manager JAMES LITINSKY just wanted to salvage a bunch of bad bonds. He ended up making a mint from rare earths and bolstering U.S. strategic interests-with a little help from the Chinese.
![Rare Fortune](https://reseuro.magzter.com/100x125/articles/3460/1797082/VNqo17O3x1725278411005/RARE-FORTUNE.jpg)
6 mins
Supercharging AI
Nvidia has utterly dominated the market for AI chips by repurposing semiconductors originally designed for video games. Now GROQ, a tiny eight-year-old startup, is taking on one of the world's most valuable companies with a purpose-built chip designed for AI from scratch.
![Supercharging AI](https://reseuro.magzter.com/100x125/articles/3460/1797082/my19Z1ao51725278619606/SUPERCHARGING-AI.jpg)
4 mins
Grandmaster of Risk
At Prudential Financial, ex-NASA engineer GEORGE PATTERSON runs through a few trillion calculations to make a client happy.
![Grandmaster of Risk](https://reseuro.magzter.com/100x125/articles/3460/1797082/bIq3Bm4H31725278813529/GRANDMASTER-OF-RISK.jpg)
4 mins
MOOKIE'S FUNHOUSE
In a private tour of his new Los Angeles mansion, the Dodgers' All-Star shortstop goes deep on his big-league business ambitions-and why he wants to be a bowling kingpin.
![MOOKIE'S FUNHOUSE](https://reseuro.magzter.com/100x125/articles/3460/1797082/jpj_bc-V71725278957403/MOOKIES-FUNHOUSE.jpg)
4 mins
HOME TOWN HERO.
AFTER BORROWING $125,000 TO BUY HIS LOCAL SUB SHOP AT AGE 17, PETER CANCRO HAS BUILT JERSEY MIKE'S INTO ONE OF AMERICA'S FASTEST-GROWING RESTAURANT CHAINS, WITH NEARLY $4 BILLION IN SALES. NOW THE MULTIBILLIONAIRE FACES A BIG DECISION: CASH OUT OR STAY HUNGRY?
![HOME TOWN HERO.](https://reseuro.magzter.com/100x125/articles/3460/1797082/Vf4eIFWAU1725279112181/HOME-TOWN-HERO.jpg)
10+ mins
THE COMPASSIONATE COLLECTOR
Phaedra Ellis-Lamkins built PROMISE into a $520 million powerhouse by helping municipalities collect unpaid bills with text messages and zero-interest plans.
![THE COMPASSIONATE COLLECTOR](https://reseuro.magzter.com/100x125/articles/3460/1797082/XOp933XmN1725279752736/THE-COMPASSIONATE-COLLECTOR.jpg)
8 mins
The Art Of The Spiel
BILLIONAIRE CHRISTIAN ANGERMAYER HAS BACKED SEEMINGLY EVERY FLASHY INVESTMENT OF THE LAST DECADE: CRYPTO, PSYCHEDELICS, BRAIN IMPLANTS, LONGEVITY. WITH BOUNDLESS BRAVADO AND A ROSTER OF FAMOUS FRIENDS INCLUDING PETER THIEL, UMA THURMAN AND THE PRESIDENT OF RWANDA-HE'S GETTING READY TO LAUNCH AN OLYMPIAD FOR ATHLETES ON STEROIDS.
![The Art Of The Spiel](https://reseuro.magzter.com/100x125/articles/3460/1797082/zbXwEeWNH1725280043702/THE-ART-OF-THE-SPIEL.jpg)
10+ mins
The Sins of Ruth Madoff
IN AN EXCLUSIVE EXCERPT FROM MADOFF: THE FINAL WORD, THE PONZI KING'S WIFE IS PORTRAYED AS A LIAR. TRAINED AS A BOOKKEEPER, SHE REGULARLY RECONCILED THE ACCOUNT THAT HOUSED THE $68 BILLION FRAUD FOR DECADES. THE INSIDE STORY OF WHY \"RUTHIE BOOKS\" AND HER TWO SONS WERE NEVER CHARGED WITH A CRIME.
![The Sins of Ruth Madoff](https://reseuro.magzter.com/100x125/articles/3460/1797082/IFpmBxlOI1725280502497/THE-SINS-OF-RUTH-MADOFF.jpg)
8 mins
Forbes US Magazine Description:
Publisher: Forbes
Category: Business
Language: English
Frequency: Bi-Monthly
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