Advertise

Get the App

Scan with your phone to download. 35,000+ assets in your pocket.

App Store

The global leaderboard of wealth: $1.2 Quadrillion of Assets ranked by Market Cap

News

The supertanker tycoon making millions on Hormuz shuttle runs
Macro

The supertanker tycoon making millions on Hormuz shuttle runs

Ga-Hyun Chung, an intensely private Korean shipping tycoon, rocked the tanker industry early this year as his Sinokor Group embarked on an unprecedented buying spree.

fortune.com · Jul 05, 2026 · 1 min read
FIFA allows U.S. star Balogun to play Belgium despite red card
Macro

FIFA allows U.S. star Balogun to play Belgium despite red card

Trump called FIFA President Gianni Infantino on Wednesday and asked him to review Balogun’s suspension.

fortune.com · Jul 05, 2026 · 1 min read
Alibaba gets reprieve on lobbying ban tied to DoD blacklist
Macro

Alibaba gets reprieve on lobbying ban tied to DoD blacklist

On June 8, the Pentagon added Alibaba to its roster of Chinese military companies operating in the US known as the 1260H list.

fortune.com · Jul 05, 2026 · 1 min read
The stock market is about to suffer a ‘snapback’ and will lose much of this year’s gains as ‘speculation is hitting extreme levels,’ BofA warns
Macro

The stock market is about to suffer a ‘snapback’ and will lose much of this year’s gains as ‘speculation is hitting extreme levels,’ BofA warns

Bank of America reaffirmed its year-end price target of 7,100 for the S&P 500, representing a 5% drop from the week's closing level.

fortune.com · Jul 05, 2026 · 1 min read
Oil, gas tankers cross Hormuz via Oman-side route after U-turns
Macro

Oil, gas tankers cross Hormuz via Oman-side route after U-turns

Iran has repeatedly said that vessels should only transit the strait through the route designated and authorized by the Islamic Republic.

fortune.com · Jul 05, 2026 · 1 min read
Nvidia supplier Hon Hai’s sales beat on continued AI demand
Macro

Nvidia supplier Hon Hai’s sales beat on continued AI demand

Hon Hai, also known as Foxconn, has established itself as a key AI hardware player by assembling servers that house Nvidia accelerators.

fortune.com · Jul 05, 2026 · 1 min read
France’s richest man Arnault hit with €22 million tax assessment
Macro

France’s richest man Arnault hit with €22 million tax assessment

The heart of the matter concerns the “complex shareholding” of LVMH Moët Hennessy Louis Vuitton SE.

fortune.com · Jul 05, 2026 · 1 min read
SK Hynix seeks access to AI investors in $29 billion U.S. listing
Macro

SK Hynix seeks access to AI investors in $29 billion U.S. listing

Over the past 12 months, SK Hynix’s Korea-listed shares and Micron’s stock have gained about 700%.

fortune.com · Jul 05, 2026 · 1 min read
Seventh film in animated franchise beats the fifth installment of another cartoon juggernaut at the box office
Macro

Seventh film in animated franchise beats the fifth installment of another cartoon juggernaut at the box office

The Minions movie opened on Wednesday and earned an estimated $61.4 million in its first five days.

fortune.com · Jul 05, 2026 · 1 min read
The Trump administration will use the same company that tried to renovate the Reflecting Pool to repair it — ‘because they did a fantastic job’
Macro

The Trump administration will use the same company that tried to renovate the Reflecting Pool to repair it — ‘because they did a fantastic job’

Interior Secretary Doug Burgum said Sunday that the federal government will not seek new bids.

fortune.com · Jul 05, 2026 · 1 min read
Investment firm’s cofounder sues after being fired for neglecting the in-person work mandate he signed, saying it applies to employees not owners
Macro

Investment firm’s cofounder sues after being fired for neglecting the in-person work mandate he signed, saying it applies to employees not owners

“We have both junior and senior employees commuting over one hour each way to work, and yet you feel this policy doesn’t apply to you.”

fortune.com · Jul 05, 2026 · 1 min read
Iranians demand revenge at funeral ceremonies for supreme leader killed during war, while his replacement has yet to appear to mourn his father
Macro

Iranians demand revenge at funeral ceremonies for supreme leader killed during war, while his replacement has yet to appear to mourn his father

Talks over reaching a permanent end to the war appear to be on hold until the end of the funeral.

fortune.com · Jul 05, 2026 · 1 min read
The CEO who vowed to ‘fire anyone who doesn’t use AI’ admits that the technology can’t replace her executive assistant as the role evolves
Macro

The CEO who vowed to ‘fire anyone who doesn’t use AI’ admits that the technology can’t replace her executive assistant as the role evolves

“The people who truly want to succeed in this role have a massive opportunity."

fortune.com · Jul 05, 2026 · 1 min read
As higher airfares and gas prices make vacations ‘crazy expensive,’ small business owners say Americans are staying closer to home this summer
Macro

As higher airfares and gas prices make vacations ‘crazy expensive,’ small business owners say Americans are staying closer to home this summer

“This summer, we’re still doing a couple overnights and the lake house, but nothing else.”

fortune.com · Jul 05, 2026 · 1 min read
Trump moves the goalposts for NATO after demanding members spend more. ‘We don’t need their money — we don’t need anything. I just want loyalty’
Macro

Trump moves the goalposts for NATO after demanding members spend more. ‘We don’t need their money — we don’t need anything. I just want loyalty’

Trump suggested he might have skipped the upcoming summit entirely were it not being hosted by Turkish President Recep Tayyip Erdogan.

fortune.com · Jul 05, 2026 · 1 min read
At July 4 speech, Trump stumps for controversial SAVE America Act, which even some Republicans in Congress are challenging
Macro

At July 4 speech, Trump stumps for controversial SAVE America Act, which even some Republicans in Congress are challenging

He also highlighted his support for the Second Amendment and revived denunciations of communism.

fortune.com · Jul 05, 2026 · 1 min read
Shark Tank’s Kevin O’Leary says if he were 25 today, he’d chase these two booming opportunities in the world of AI
Macro

Shark Tank’s Kevin O’Leary says if he were 25 today, he’d chase these two booming opportunities in the world of AI

O'Leary says young entrepreneurs shouldn't chase flashy AI, they should instead try to build its backbone.

fortune.com · Jul 05, 2026 · 1 min read
Mark Zuckerberg takes business calls on a jet ski wearing his $800 Meta glasses—and insists ‘the other person could not tell’
Macro

Mark Zuckerberg takes business calls on a jet ski wearing his $800 Meta glasses—and insists ‘the other person could not tell’

Zuckerberg is convinced smart glasses will replace the smartphone—and he's spending billions to prove it, even as Reality Labs posts a $19.2 billion loss.

fortune.com · Jul 05, 2026 · 1 min read
How Hollywood’s youngest filmmakers are exposing Gen Z’s real problem with AI
Macro

How Hollywood’s youngest filmmakers are exposing Gen Z’s real problem with AI

The generation most fluent in generative tools has least trust. A new class of box-office creators explains the contradiction and what brands need to hear.

fortune.com · Jul 05, 2026 · 1 min read
Apple’s next CEO will oversee a $4 trillion tech giant, but isn’t on LinkedIn. Can today’s leaders still skip social media?
Macro

Apple’s next CEO will oversee a $4 trillion tech giant, but isn’t on LinkedIn. Can today’s leaders still skip social media?

The CEO job now comes with a second role: content creator. Not every executive is on board.

fortune.com · Jul 05, 2026 · 1 min read
Despite return-to-office-crackdowns, remote work is alive and well as the rate has barely changed over the last two years
Macro

Despite return-to-office-crackdowns, remote work is alive and well as the rate has barely changed over the last two years

Nearly 22% of U.S. workers still worked from home at least part of the time in 2025, just one percentage point less than in 2024.

fortune.com · Jul 05, 2026 · 1 min read
The CEO using AI to double revenue with 1,000 fewer hires: ‘Nobody’s going to replace the last mile’
Macro

The CEO using AI to double revenue with 1,000 fewer hires: ‘Nobody’s going to replace the last mile’

"I was having a conversation this weekend with Claude and it was a pretty in-depth conversation," W.J. Werzyn told Fortune. And then it hallucinated.

fortune.com · Jul 05, 2026 · 1 min read
He used to work 90-hour weeks and lost ‘years’ of his life. Now the US Polo Assn. CEO clocks off at 5:30 p.m. and won’t text his team on weekends
Macro

He used to work 90-hour weeks and lost ‘years’ of his life. Now the US Polo Assn. CEO clocks off at 5:30 p.m. and won’t text his team on weekends

The U.S. Polo Assn. boss isn't the only CEO with boundaries: Netflix's cofounder kept a 5 p.m. Tuesday cutoff, while JPMorgan's Jamie Dimon takes all his PTO.

fortune.com · Jul 05, 2026 · 1 min read
America’s entrepreneurial boom begins long before venture capital
Macro

America’s entrepreneurial boom begins long before venture capital

Latino-owned businesses added 180,000 net new firms between 2017 and 2023 while white-owned firms declined — and the talent pipeline behind that growth runs through Minority-Serving Institutions now facing funding uncertainty.

fortune.com · Jul 05, 2026 · 1 min read
How David Senra built the podcast the world’s most powerful CEOs can’t stop listening to
Macro

How David Senra built the podcast the world’s most powerful CEOs can’t stop listening to

Founders counts Jeff Bezos and Michael Dell as fans—and its ‘unmanageable’ creator turned down $50 million so he could build a media empire his way.

fortune.com · Jul 05, 2026 · 1 min read
Nancy Pelosi’s husband could face misdemeanor charges after hit-and-run collision in Napa wine country that left one car with ‘major damage’
Macro

Nancy Pelosi’s husband could face misdemeanor charges after hit-and-run collision in Napa wine country that left one car with ‘major damage’

Paul Pelosi didn't have any alcohol in his system at the time of the crash, but pleaded guilty in 2022 to misdemeanor charges of driving under the influence in Napa County.

fortune.com · Jul 04, 2026 · 1 min read