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Abu Dhabi's giant bet on AI's future

July 2, 2026

The rush to invest in artificial intelligence has just hit a new record. Abu Dhabi's MGX fund recently wrapped up a whopping $49 billion fund focused solely on AI—far bigger than its original $45 billion goal. Money poured in from investors worldwide, including big players in the Gulf, North America

business

Success Stories That Went Wrong

February 8, 2026

Forbes publishes a yearly list that spotlights the most promising young people in business, art and technology. Yet some of those celebrated have later been caught breaking the law, especially in finance. Among the past decade’s honorees are six individuals who faced serious charges. A 26‑year‑old

business

The Billionaire Investor Who Owns a Piece of Jurassic Park: Walter Kortschak's Formula for Success

September 17, 2024

Walter Kortschak, a 65-year-old billionaire, is a self-made investor who has made a fortune from 40 years of technology bets. He is confident in his formula for success, which he attributes to his ability to be patient and persistent. Kortschak's assets are now worth an estimated $1.6 billion, thank

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