Forbes US Magazine - May 31, 2019
In this issue
GENTLEMEN AT THE GATE “Barbarians” Henry Kravis and George Roberts were the 1980s poster boys for slash-and-burn leveraged buyout dealmaking. Now, with trillions pouring into private equity, KKR and its peers have little choice but to build up rather than break up. BY ANTOINE GARA.
SPORTSMONEY: MANNY HAPPY RETURNS Baseball salaries are stagnant, but a few bright stars, like the San Diego Padres’ Manny Machado, still command huge paydays. Plus: the Most Valuable MLB Teams.
LANDMARKS AND LARGESSE It’s not just Notre Dame. The Washington Monument, Great Wall of China and Colosseum have all benefited from billionaire backers. Buy, hold, sell: Bring on the bubbly, jettison Koons.
Capitalism Ain't Kaput
HARDlY A DAY goes by without some eminence from business or finance proclaiming with furrowed brow and seeming sorrow that capitalism is in crisis and must be overhauled if it is to survive and not be replaced with some variant of socialism.
7 mins
Gene Hackers
Entrepreneurs are taking genetic-editing technology from the lab to the clinic— with grand ambitions. but who owns the patents?
6 mins
Board Game God, Geek Billionaire
Are you good at complicated strategy games? Then you might have the talent to be a software mogul like Matt Calkins.
5 mins
Mogul Money Moves
If you ever dreamed of rock-star riches, a service called royalty exchange is offering VIP access and eye-popping yields based on the rights to iconic songs, movies and television shows.
6 mins
Gentlemen At The Gate
“Barbarians” Henry Kravis and George Roberts were the 1980s poster boys for slash-and-burn leveraged buyouts. Now, with trillions pouring into private equity, KKR and its peers have little choice but to build up rather than break up.
10+ mins
Failure To Launch
Chris Roberts Has Spent Seven Years and Raised Nearly $300 Million—most of It From Average Gamers— Building Star Citizen. It’s on Pace to Be the Most Expensive Video Game Ever Made and— Outside of Cryptocurrency— the World’s Largest Crowdfunded Project. It’s Still Not Ready. It May Never Be.
10+ mins
Tempest In A Tea Bottle
George Thomas Dave convinced America to love a tangy, tart, fermented beverage from Asia called kombucha—and it made him a billionaire. His greater challenge: surviving the rush of competitors flooding a market he once had all to himself.
10+ mins
Conference Champions
Silicon Valley’s sexiest IPO isn’t a ride-hailing firm or a social network—it’s Zoom, a humble video-chat app that wins by just working better. Throw in financials that are so pretty they belong in a coffee-table book, and you have Wall Street’s hottest new stock.
10+ mins
The Golden Goose
Canada Goose’s Dani Reiss wanted nothing to do with his family’s sleepy coat business. Then he noticed it had a cult following among airline workers and realized he could build a billion-dollar brand.
9 mins
Karma Chameleon
Under a new Ceo, the luxury electric-vehicle maker is reincarnating itself for the second time in a decade. Will three new models—and a robust customization program—finally put it on the road to success?
4 mins
Forbes US Magazine Description:
Publisher: Forbes
Category: Business
Language: English
Frequency: Bi-Monthly
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.
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