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Forbes US Magazine - June/July 2025

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In this issue

Extra Time
After selling her health care company, billionaire Michele Kang has a new goal: transforming women’s sports. Now she’s out to prove that her three soccer teams can compete with the men’s game as a real business—and she’s willing to spend whatever it takes.
By Justin Birnbaum and Gigi Zamora

America’s Richest Self-Made Women
Bigger fortunes. More billionaires. Increasing impact. There are 38 female billionaires on our list of 100, with fortunes originating in everything from cars to cosmetics to Chardonnay. That’s more than double the 18 we found in 2015. Minimum to make the cut? $350 million, up from $250 million
a decade ago, when we ranked only 50 women.
Edited by Kerry A. Dolan and Andrea Murphy

FUNNY MONEY

Comedian ADAM W used his smartphone to bypass Hollywood's gatekeepers and build a 55 million-strong fan base and multimillion-dollar brand empire. Alongside a bold new wave of digital comics, he's going viral—and rewriting the rules of showbiz.

3 mins

WHEELER-DEALER

New Billionaire Joe Agresti has assembled a car dealership empire that has made him—and his partner, football great Nick Saban—very rich.

2 mins

WORLD OF FORBES

Across the planet, our 49 licensed editions span six continents, 81 countries and 31 languages. They all share the same mission: celebrating entrepreneurial capitalism in all its forms.

4 mins

The Best of Watches and Wonders 2025

Behind the scenes at this spring’s Watches and Wonders Geneva—the most important trade show for haute horology—the clock was ticking to get new releases shipped before the April deadline of President Trump’s proposed tariffs. Swiss watches were set to be taxed at 31%, while those from EU countries were looking at a more modest 20% tariff.

3 mins

RAISING THE BAR

AFTER MORE THAN A DECADE AS AN ACTOR, THE WHITE LOTUS STAR PATRICK SCHWARZENEGGER IS FINALLY FINDING HIS PLACE IN THE CALIFORNIA SUN. BUT HOLLYWOOD ISN'T THE ONLY THING ON HIS MIND— LUCRATIVE INVESTMENTS AND A GROWING PROTEIN BAR COMPANY ARE KEEPING HIS PLATE PLENTY FULL.

5 mins

Cracking The Fertilizer Cartel

How an unassuming geologist named TED PAGANO rediscovered Michigan's potash motherlode, outsmarted a global fertilizer company and raised $1.3 billion from Uncle Sam.

5 mins

The Great Space Phone Race

How billionaire Venezuelan immigrant ABEL AVELLAN plans to beat Elon Musk's Starlink and Jeff Bezos' Project Kuiper by providing broadband satellite internet directly to your smartphone.

6 mins

Knockoff Original

Thwarted in her ambition to become a brewmaster, KIRAN MAZUMDAR-SHAW channeled her frustrations into building an international copycat-drug powerhouse and has become one of the world's most successful—and richest—female entrepreneurs.

5 mins

Time to Beat Apple

Small value stocks haven't been doing well. But money manager MILES LEWIS makes the case that at a time of turbulence on Wall Street, they are ready for a rebound.

4 mins

EXTRA TIME MK

AFTER SELLING HER HEALTH CARE COMPANY, BILLIONAIRE MICHELE KANG HAS A NEW GOAL: TRANSFORMING WOMEN'S SPORTS. NOW SHE'S OUT TO PROVE HER THREE SOCCER TEAMS CAN COMPETE WITH THE MEN'S GAME AS A REAL BUSINESS-AND SHE'S WILLING TO SPEND WHATEVER IT TAKES.

10+ mins

AMERICA'S RICHEST SELF-MADE WOMEN

Bigger fortunes. More billionaires. Increasing impact. We mark the tenth anniversary of our annual list of America's most successful self-made women by celebrating how far they have come: There are 38 billionaires this year among the 100, with fortunes originating in everything from cars to cosmetics to Chardonnay. That's more than double the 18 we found in 2015. Minimum to make the cut? $350 million, up from $250 million a decade ago, when we ranked only 50 women.

10+ mins

MAGIC MONEY

FLORIDA-BASED INFINITE REALITY CLAIMS IT RAISED MORE THAN $3 BILLION FROM A SOLE UNNAMED INVESTOR. THAT WOULD MAKE THE OBSCURE COMPANY THE BENEFICIARY OF ONE OF THE BIGGEST FUNDING ROUNDS OF THE YEAR. NOT ALL IS AS IT SEEMS.

10+ mins

VENTURE, CAPITALIZED

INVESTORS ARE ALWAYS ENCOURAGING STARTUPS TO PUSH THE INNOVATION ENVELOPE. GENERAL CATALYST’S HEMANT TANEJA IS APPLYING THAT ADVICE TO HIS OWN FIRM.

7 mins

Read all Stories from Forbes US

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.

The magazine covers a wide range of topics related to business, including news, investing, entrepreneurship, and personal finance. It also publishes rankings of the world's richest people and companies.

Forbes is aimed at a wide audience of business leaders, entrepreneurs, and investors. It is a popular resource for anyone who wants to stay up-to-date on the latest business news and trends.

Here are some of the things you can expect to find in Forbes US Magazine:

* In-depth reporting on business news and trends

* Interviews with business leaders and entrepreneurs

* Features on entrepreneurship and personal finance

* Rankings of the world's richest people and companies

* Opinion pieces on a variety of business topics

Forbes US Magazine is the perfect resource for anyone who wants to know what's happening in the world of business. Subscribe today and start staying ahead of the curve!