Forbes US - August - September 2024

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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.

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.

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.

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.

4 mins

Grandmaster of Risk

At Prudential Financial, ex-NASA engineer GEORGE PATTERSON runs through a few trillion calculations to make a client happy.

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.

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?

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.

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.

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.

8 mins

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Forbes US Magazine Description:

Forbes is an American business magazine published by Forbes. It is one of the most respected business magazines in the world and has been in publication since 1917.

The magazine covers a wide range of topics related to business, including news, investing, entrepreneurship, and personal finance. It also publishes rankings of the world's richest people and companies.

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