Category: Forbes

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Forbes gets roasted for naming Kylie Jenner its youngest ‘self-made billionaire’

sudshr47 March 5, 2019

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Forbes was hotly critiqued for calling Kylie Jenner a soon-to-be “self-made billionaire” back in July, when she was poised to hit the $1 billion mark. Now she’s hit it, so they did it again.

As part of its annual ranking of the world’s richest people, the magazine named 21-year-old Jenner, who founded beauty company Kylie Cosmetics in 2015, the world’s youngest self-made billionaire. (She took the throne from Mark Zuckerberg, who became a billionaire at age 23.) 

Of course, this distinction seems dubious to many people — including the folks at Dictionary.com — because the term “self-made” doesn’t square with Jenner’s status as a member of one of a famously wealthy and visible family. Read more…

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The definitive Patreon reading guide

sudshr47 February 12, 2019

At nearly six years old, Patreon has gone from startup to king of membership. Now an established leader in an industry that’s been flipped on its head, Patreon’s path has been anything but predictable — peppered with its share of milestones, mishaps, pivots, champions, and critics — and offers invaluable insights for founders, investors, creatives, or […]

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China’s ByteDance leapfrogs Uber to becomes world’s most valuable startup

sudshr47 October 26, 2018

Move aside Uber, China’s ByteDance is now the world’s highest-valued tech startup. That’s according to reports from Forbes and Bloomberg both of which claim that the company has completed a $3 billion investment that values the company at $75 billion. A source with knowledge of the deal confirmed the round to TechCrunch and suggested that […]

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Inside the pay-for-post ICO industry

sudshr47 September 18, 2018

In a world where nothing can be trusted and fake news abounds, ICO and crypto teams are further muddying the waters by trying – and often failing – to pay for posts. While bribes for blogs is nothing new, sadly the current crop of ICO creators and crypto projects are particularly interested in scaling fast […]

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Flabbergasted Twitter trashes Forbes story that suggests replacing libraries with Amazon

sudshr47 July 22, 2018

There are bad takes, and then there’s the take by Forbes contributor Panos Mourdoukoutas (who also serves as Chair of the Department of Economics at Long Island University) that local libraries should be replaced by Amazon book stores. 
Among th…

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Beyoncé takes the throne as the highest paid woman in music

sudshr47 November 21, 2017

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There’s no disputing that Beyoncé reigns supreme in the music industry, but now there’s monetary proof that she really is at the top of her game. 

The singer landed the number one spot on Forbes list declaring her the highest paid woman in music this year, and she barely released music. 

Forbes works within the perimeters of June 1, 2016 through June 1, 2017 to come to its decision—and all income is counted before taxes and fees. Bey, who landed at fifth place just last year, leads the pack with $105 million to her name. The majority of her earnings came through the wildly successful Formation World Tour in support of last year’s Lemonade. According to Forbes, it alone made a quarter of a billion dollars. Read more…

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