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The 2024 Lamborghini Revuelto is a high-performance plug-in hybrid supercar. Lamborghini’s signature V12 now revs well past 9000 rpm and turns out 813 horsepower. The other half of the equation that leads to a 0-60 mph sprint of no more than 2.5 seconds: three electric motors spooling instant-on electric torque straight into the gearset and onward to the rear wheels. Contributor Scotty Reiss (A Girls Guide to Cars) gives Forbes a tour of Lamborghini’s luxury, high-performance Revuelto at the 2024 New York International Auto Show.<br/><br/>Read more on Forbes:<br/>https://www.forbes.com/sites/markewing/2023/04/24/lamborghini-revuelto-1001-horsepower-electric-hybrid-ensures-another-generation-of-big-italian-v12s/<br/><br/>For more from Scotty Reiss:<br/>https://agirlsguidetocars.com/<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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Best Choice Ever (2024) Episode 6 English sub
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The limited-edition 2025 Ford Mustang GTD is an all-new supercar with carbon fiber body panels, dry sump V8 with 800 horsepower, active aerodynamics, and a starting price of $300,000.<br/><br/>You’d be excused for thinking these features describe the latest Ferrari or Lamborghini, but they describe the latest Ford Mustang, a street-legal road car that’s track-capable, inspired by Ford’s newest Mustang GT3 race car. Ford says this newest Mustang will lap the Nürburgring in under 7 minutes.<br/><br/>Production will be limited, and potential customers will be required to submit an application for the chance to purchase one. At the 2024 New York International Auto Show, Mustang Brand Manager Joe Bellino reveals more about the Mustang GTD and what Ford is looking for in the application process.<br/><br/>Read more on Forbes:<br/>https://www.forbes.com/sites/kbrauer/2023/08/17/fords-next-exotic-car-wears-a-familiar-name-mustang/<br/><br/>For more from Scotty Reiss:<br/>https://agirlsguidetocars.com/<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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The average Major League Baseball team is now worth $2.4 billion, 4% more than a year ago. With the exception of 2021— when the Covid-19 pandemic disrupted the 2020 baseball season—it was the first time values increased less than 4% year over year since 2010.<br/><br/>The good news? Since Forbes first began doing valuations of MLB teams in 1998, when the average team was valued at $194 million, owning a team would have beaten inflation by more than five-fold and beaten the S&P 500 (excluding the reinvestment of dividends) by nearly double.<br/><br/>Revenue in MLB rose 10% in 2023, to an average of $378 million per team—the steepest increase since 2015. That increase was due to record ticket, merchandise, television and licensing revenue. But operating income (earnings before interest, taxes, depreciation and amortization) only went up 6%, to an average of $19 million due to more spending on players, technology and analytics.<br/><br/>Forbes’ team valuations are enterprise values (equity plus net debt) based on historical transactions and the future economics of the sport and each team. Revenue and operating income (earnings before interest, taxes, depreciation and amortization) are for the 2023 season and are net of revenue sharing, competitive balance taxes and stadium revenue used for debt service. Ownership stakes in regional sports networks, as well as related profits or losses, are excluded from our valuations and operating results, as are investments in real estate and other businesses. (For all-inclusive sports ownership valuations, see the 2023 Sports Empires rankings.) Sources include sports bankers, team and league executives, public documents like leases and filings related to public bonds, and media rights experts.<br/><br/>Read the full story on Forbes: https://www.forbes.com/lists/mlb-valuations/?sh=12ce2ca1421d<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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TheStreet’s Caroline Woods brings you the biggest business news of the day, including what investors are watching and the FCC’s new “nutrition label” requirement for ISPs.
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Levi Strauss reported upbeat earnings for its first quarter and boosted its 2024 earnings guidance on Wednesday.
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Chevron CEO 2023 pay jumps over 12%. The median annual pay for Chevron employees rose 8.7%.
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The Permanent Subcommittee on Investigations will hold a hearing next Wednesday to examine Boeing’s safety culture. This follows allegations that the 787 Dreamliner, one of Boeing’s flagship aircraft, may not be safe to fly, reported Politico.
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Not since the New Beetle debuted in 1998 has Volkswagen dipped so heavily into its iconic past to launch an all-new vehicle. With the new ID. Buzz poised to hit showroom floors later this year, VW Senior Product Planner Ryan Gavin gave Forbes a sneak peek at the 2024 New York International Auto Show. <br/><br/>Between its history-inspired body lines and optional two-tone paint schemes, the ID. Buzz will draw as much attention as modern exotic cars, and not just from aging Deadheads. While its exterior styling borrows heavily from the original VW Microbus, including the oversized “VW” front logo, rear roof pillar air vents, and boxy shape, the interior features an array of modern tech. Dual power-sliding doors and a power rear liftgate feature Volkswagen’s “Easy Open and Close” tech, meaning a simple swipe of your foot beneath the doors will cause them to open (assuming the keys are nearby).<br/><br/>Once inside passengers will find ambient lighting, an optional panoramic sunroof with electrochromic tinting (can go from clear to opaque at the touch of a button), and a standard 12.9-inch central touchscreen featuring wireless App-Connect technology and wireless device charging. Flexibility comes from a removable center console, a sliding second-row seat that also folds down or reclines, a removable third-row seat, and standard features like a heated steering wheel, heated, ventilated and massaging front seats, heated outboard second-row seats, and a nine-speak auto system (a 14-speaker Harman Kardon system is optional).<br/><br/>With its impressive standard equipment list, wide range of interior and exterior design options, and advanced technology, this electric van could have the same impact on Volkswagen’s brand as the 1998 New Beetle, meaning a flood of demand from both traditional and new VW customers, along with a level of cultural impact worthy of the ID. Buzz’ name.<br/><br/>Read more on Forbes:<br/>https://www.forbes.com/sites/kbrauer/2023/06/02/volkswagen-id-buzz-the-future-and-past-converge-in-vws-newest-ev/ <br/><br/>For more from Scotty Reiss:<br/>https://agirlsguidetocars.com/<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship
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Spending money has never been an issue for Los Angeles Clippers owner Steve Ballmer. In 2014, the former Microsoft CEO bought the NBA team for a then-record $2 billion, a move that was widely seen as an overpay at the time (Forbes had most recently valued the Clippers at $575 million). This January, Ballmer shelled out more than $152 million to extend 32-year-old, All-Star forward Kawhi Leonard’s contract for another three seasons, and he is expected make similar moves with his other aging talents, Paul George, 33, and James Harden, 34. Next year, one of his crowning achievements will come to fruition, when the Clippers move into their new home, the $2 billion Intuit Dome in Inglewood, California.<br/><br/>Despite the enormous bill Ballmer has racked up in a decade of team ownership, it’s barely dented his fortune. The 68-year-old is worth an estimated $121 billion, according to Forbes’ 2024 World’s Billionaires list, up from $80.7 billion in 2023. His 50% year-over-year wealth increase, primarily due to the stellar stock performance of Microsoft, has once again made Ballmer the richest sports team owner in the world.<br/><br/>The top spot was previously held by Mukesh Ambani, who owns the Mumbai Indians cricket team through his publicly traded conglomerate Reliance Industries. (Forbes has adjusted its methodology to exclude teams owned by public companies and, therefore, their shareholders. SoftBank CEO Masayoshi Son, owner of Japanese baseball’s Fukuoka SoftBank Hawks, was left off for the same reason, as well as teams owned by giant private conglomerates, including Red Bull’s Formula 1 team and INEOS’ Manchester United and OGC Nice.)<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/justinbirnbaum/2024/04/05/the-worlds-richest-sports-team-owners-2024/?sh=3d78f3ff309f<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
⏲ 3:10 👁 2.4M
In October 2023, Taylor Swift accomplished a feat no other musician had before: she became a billionaire primarily off of earnings from her music and performances. Three months later, Forbes named television tycoon Dick Wolf a billionaire, too, thanks to his estimated $1.9 billion (pretax) career earnings from producing shows like Law & Order and FBI.<br/><br/>The two entertainers bring even more star power to the Forbes World’s Billionaires list, which has seen an explosion in celebrity billionaires in recent years. Ten of the 14 A-listers on the ranking have become billionaires in the past four years, spurred by entertainers capitalizing on their brand and fame.<br/><br/>Most on this list have made their billions from their own entrepreneurship and ventures outside of their claim to fame. Pop star Rihanna, for example, built her fortune mainly from her stake in two billion-dollar companies, makeup brand Fenty Beauty, a joint venture with luxury giant LVMH, and lingerie maker Savage X Fenty. Jay-Z became hip hop's first billionaire thanks to two alcohol companies, D’Usse Cognac and Armand de Brignac Champagne. He sold a 50% stake in the latter to LVMH, and he also has stakes in Uber and Block, among other investments. Michael Jordan earned less than $100 million from his basketball career, but pocketed big bucks from Nike. Jordan had his biggest score in August, when he sold his majority stake in the Charlotte Hornets at a sky-high $3 billion valuation.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/devinseanmartin/2024/04/02/the-worlds-celebrity-billionaires-2024-taylor-swift-kim-kardashian-oprah/?sh=32680c87276b<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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This French tastemaker came from a wealthy family and turned millions into hundreds of billions over nearly four decades.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/giacomotognini/2024/04/03/the-worlds-richest-person-2024/?sh=18ee16481e79<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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