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Top 5 Highest-Paid Celebrities 2020 | The Countdown | Forbes

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The world’s highest-paid celebrities earned a combined $6.1 billion before taxes and fees, a $200 million drop from 2019, after the global pandemic shuttered stadiums and silenced performances around the world.

The top-earning celebrities were Kylie Jenner and Kanye West , who brought in $590 million and $170 million, respectively. West collected most of his earnings from his Yeezy sneakers deal with Adidas, while Jenner’s payday came from selling a 51% stake in her cosmetics firm to Coty in January. While she had exaggerated over the years about the size of her business, the money she pulled in from the deal was real–enough to rank as one of the biggest celebrity cash outs of all time. In sports, Roger Federer (No. 3, $106.3 million) is the first tennis player to earn the top spot among athletes on the list, while soccer’s Cristiano Ronaldo (No. 4, $105 million) became the first team player to earn $1 billion during his career. Naomi Osaka set her own record at No. 90, bringing in $37 million income, the most money any female athlete has ever made in a single year.

The list ranks “front of the camera” stars around the globe using pretax earnings from June 2019 through May 2020 before deducting fees for managers, lawyers and agents. Figures are based on information from Nielsen Music/MRC Data, Pollstar, IMDB, NPD BookScan and ComScore as well as interviews with industry experts and many of the stars themselves.

Read the full profile on Forbes: https://www.forbes.com/celebrities/

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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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