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How Cristiano Ronaldo Became Soccer’s First Billion Dollar Earner | Forbes

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Cristiano Ronaldo earned $105 million before taxes and fees in the past year, landing him at No. 4 on the 2020 Forbes Celebrity 100, one spot above his top rival in the sport, Lionel Messi, and making him the first soccer player in history to earn $1 billion.

The 35-year-old striker is only the third athlete to hit mark while still playing following Tiger Woods, who did it in 2009 on the back of his long term endorsement deal with Nike NKE, and Floyd Mayweather in 2017, who’s made most of his income from a cut of pay-per-view sales for his boxing matches.

Ronaldo, the first to do it in a team sport, has made $650 million during his 17 years on the pitch, and is expected to reach $765 million in career salary after his current contract ends in June 2022. Messi, who began playing at the senior level three years after Ronaldo, has earned a total of $605 million in salary since 2005. The only team athlete to even come within striking distance of those figures was former New York Yankees slugger Alex Rodriguez, who retired in 2016 after 22 years in MLB having earned $450 million in salary. Not even soccer legend David Beckham came close, ending his career with total earnings of $500 million, half of which came from off-pitch endorsements.

Read the full profile on Forbes: https://www.forbes.com/sites/christinasettimi/2020/06/04/ronaldos-105-million-year-tops-messi-and-crowns-him-soccers-first-billion-dollar-man/#117a687f5194

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America’s Most Promising Artificial Intelligence Companies | Forbes

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Artificial intelligence is beginning to be usefully deployed in almost every industry from customer call centers and finance to drug research. Yet the field is also plagued by relentless hype, opaque jargon and esoteric technology making it difficult for outsiders identify the most interesting companies.

To cut through the spin, Forbes partnered with venture firms Sequoia Capital and Meritech Capital to create our second annual AI 50, a list of private, U.S.-based companies that are using artificial intelligence in meaningful business-oriented ways. To be included, companies had to be privately-held and focused on techniques like machine learning (where systems learn from data to improve on tasks), natural language processing (which enables programs to “understand” written or spoken language), or computer vision (which relates to how machines “see”).

The list was compiled through a submission process open to any AI company in the U.S. The application asked companies to provide details on their technology, business model, customers and financials like funding, valuation and revenue history (companies had the option to submit information confidentially, to encourage greater transparency). In total, Forbes received about 400 entries. From there, our VC partners applied an algorithm to identify the 100 with the highest quantitative scores and then a panel of eight expert AI judges identified the 50 most compelling companies.

Read the full profile on Forbes: https://www.forbes.com/sites/alanohnsman/2020/07/03/ai-50-americas-most-promising-artificial-intelligence-companies/#6244263a5c99

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Should Covid-19 Delay Reopening Schools? – Steve Forbes | What’s Ahead | Forbes

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As President Donald Trump addresses the nation on the reopening of schools in the fall, the debate continues to rage about what policies should be adopted in the face of coronavirus cases increasing as the new academic year approaches. Should Covid-19 stand in the way of going back to school? Steve Forbes on why the reopening of schools is crucial to support the well-being of students and parents being able to return to work.

What’s Ahead featuring Steve Forbes provides his insights and perspective, to stay on top of what’s happening in this ever-turbulent world with glimpses into the future. What’s Ahead airs Tuesdays, Thursdays and Fridays.
#SteveForbes #WhatsAhead

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Meet The Latinx Founder Building A $100 Million Tech Hub | Forbes

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The first in her family to go to college, Irma Olguin returned home to Fresno intent on using her skills to uplift her community. Her Bitwise Industries has since landed $27 million in venture funding and trained 4,500 workers to code.

Fresno, California, is not where you’d expect to find a startup like Bitwise Industries, which trains tech workers, develops software and invests in tech-friendly real estate. It has $27 million in venture capital backing, a valuation of $100 million and 2019 revenue Forbes estimates at $20 million. “You could argue that Fresno is one of America’s most broken cities,” says cofounder Irma Olguin Jr., 39. “We have four of the ten poorest zip codes and one in four people live below the poverty line.” Olguin is determined to change those statistics.

Read the full profile on Forbes: https://www.forbes.com/sites/ruthumoh/2020/06/26/from-recycling-bottles-for-cash-to-tech-ceo-meet-the-latinx-founder-building-a-100-million-tech-hub-in-californias-gritty-central-valley/#391572db1b4b

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