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Posts by John Hyatt

This is wild. One of the world’s richest men has saved ~$1 billion in taxes over decades—just by plowing his dividend income into real estate.

1 week ago 3 0 0 0
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Tech Stocks Powered Retirement Portfolios For Years. Now AI Is Crashing The Party Most retirement funds have long reaped the benefits of tech dominated stock indexes driving compounded annual returns. Now the AI boom is upending software valuations, straining Big Tech’s spending mo...

Does AI threaten your 401k? Legendary advisor Bill Bengen thinks it might. He's cut his tech exposure to zero on the uncertainty.

After years of dominance, software and mega-cap valuations are straining under AI. That poses a risk to savers everywhere.

Read more @forbes.com 👇

2 weeks ago 11 5 1 0
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Peace Envoy Steve Witkoff’s Fortune Gets Bump From Trump And Musk The real estate mogul-turned-diplomat is 15% richer than he was a year ago thanks to his crypto venture with the Trump family and his stake in Musk’s SpaceX.

While he was flying around the world as Trump's peace envoy, Steve Witkoff got $300 million richer over the past year--largely thanks to his crypto venture with the Trump family (World Liberty) and his tiny, but valuable, stake in SpaceX. Read at @forbes.com:

www.forbes.com/sites/giacom...

2 weeks ago 141 84 6 2
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The Graveyard Of OpenAI’s Dead Products And Incomplete Deals As it announces one of the biggest funding rounds in history, OpenAI has trumpeted hundreds of billions in other deals and products—including Sora—that haven’t yet become reality.

The AI giant's abrupt Sora shutdown is just one example. As it announces one of the biggest funding rounds in history, #OpenAI has trumpeted hundreds of billions in other deals + products that haven’t yet become reality.

With @rashis.bsky.social for @forbes.com:

www.forbes.com/sites/phoebe...

2 weeks ago 12 10 2 2

So much for the cage fight

3 weeks ago 3 1 0 0
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Why Wall Street’s 'Masters Of The Universe’ Are Losing Billions In Private Markets Pullback After decades of compounding their personal fortunes, America’s richest dealmakers are finally seeing their net worths fall—albeit from extraordinary heights.

New for @forbes.com: The richest people in private equity including Trump pal Stephen Schwarzman and former Epstein client Leon Black have lost ~$40B amid private credit and AI fears battering their stocks.

Full story here: www.forbes.com/sites/johnhy...

1 month ago 7 5 0 0
Screenshot of ProPublica webpage titled “Explore Financial Disclosures From President Trump and 1,500 of His Appointees,” accompanied by this blurb: “Use this database to explore potential conflicts of interest for President Donald Trump and his team. The documents disclose positions officials have held outside government, their assets and their debts, among other things.” A search bar prompts the user to search for a person or financial holding.

Screenshot of ProPublica webpage titled “Explore Financial Disclosures From President Trump and 1,500 of His Appointees,” accompanied by this blurb: “Use this database to explore potential conflicts of interest for President Donald Trump and his team. The documents disclose positions officials have held outside government, their assets and their debts, among other things.” A search bar prompts the user to search for a person or financial holding.

THREAD: We just released a tool that allows you to search billions of dollars in wealth, ties to the most powerful companies in the country, and details of the personal finances of President Trump and over 1,500 of his appointees.

Here’s how it works 1/

1 month ago 681 361 12 38
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Apollo’s Rowan Says Epstein ‘Wasting My Time’ From the Grave Apollo Global Management Inc. Chief Executive Officer Marc Rowan said he only dealt with Jeffrey Epstein in his capacity as tax adviser for the firm’s co-founder Leon Black, and reiterated that Apollo...

Private equity billionaire Marc Rowan (cofounder of Apollo with Epstein friend Leon Black) says that Epstein is "wasting my time from the grave."

Shareholders sued Apollo, Black & Rowan on Monday for ‌allegedly defrauding by concealing Epstein interactions.
www.bloomberg.com/news/article...

1 month ago 3 0 0 0
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How Rich Was Mexican Cartel Leader El Mencho? Through drug trafficking, extortion and human smuggling, El Mencho built a $50 billion criminal enterprise. Here’s what is likely to happen to his fortune.

NEW: How rich was Mexican druglord 'El Mencho'?

What happens to his multi-billion-dollar criminal enterprise now that he's dead?

And where will his personal fortune go?

My latest for @forbes.com seeks to answer these questions👇

www.forbes.com/sites/johnhy...

1 month ago 5 1 1 1

“How Jared Kushner’s Bold Bets In The Middle East Made Him A Billionaire”

@mhunterhart.bsky.social , @giacomotognini.bsky.social for Forbes in Sept.

2 months ago 535 184 92 24
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Sultan Ahmed Bin Sulayem—”Close Personal Friend” Of Epstein— Resigns As CEO Of DP World Billionaire Sultan Ahmed bin Sulayem resigns as DP World CEO after being named in Epstein files.

The Dubai tycoon who told Epstein he “loved the torture video" has resigned from his company.

www.forbes.com/sites/mikest...

2 months ago 2 0 0 0
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Israeli Soldiers Accused of Using Polymarket to Bet on Strikes The country’s internal security agency indicted a reservist and a civilian for security offenses, bribery and obstruction of justice in connection with the bets.

This is really, really dark.

www.wsj.com/world/middle...

2 months ago 1781 735 46 116
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How Picasso, Van Gogh And Cézanne Helped Finance Epstein Client Leon Black’s Billionaire Lifestyle The Epstein files detail private equity tycoon Leon Black’s massive, multi-billion-dollar art collection—and how he leveraged it to grow his wealth.

NEW: Epstein emails show how billionaire financier Leon Black, founder of Apollo, relied on the convicted sex offender to help him leverage his multi-billion-dollar art for $500m+ in loans from Bank of America.

www.forbes.com/sites/johnhy...

2 months ago 156 78 12 9

"Black paid Epstein $158 million between 2012 and 2017 for advice related to tax, estate, and asset planning. That is a vast amount of money to pay for such services, especially for a Wall Street insider with easy access to top expertise."

2 months ago 463 171 21 6
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How Picasso, Van Gogh And Cézanne Helped Finance Epstein Client Leon Black’s Billionaire Lifestyle The Epstein files detail private equity tycoon Leon Black’s massive, multi-billion-dollar art collection—and how he leveraged it to grow his wealth.

NEW: Epstein emails show how billionaire financier Leon Black, founder of Apollo, relied on the convicted sex offender to help him leverage his multi-billion-dollar art for $500m+ in loans from Bank of America.

www.forbes.com/sites/johnhy...

2 months ago 156 78 12 9
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New Details On How Jeffrey Epstein Got So Rich The latest Epstein files name two more billionaire clients: real estate mogul Mortimer Zuckerman and Rothschild heir by marriage Ariane de Rothschild.

1/ @mhunterhart.bsky.social and I found several contracts and payment records that uncovered two new billionaire clients of Jeffrey Epstein: real estate mogul Mortimer Zuckerman and Ariane de Rothschild, a Rothschild heir by marriage.

www.forbes.com/sites/giacom...

2 months ago 18 9 2 1
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Marimar Martinez, shot by Border Patrol in Chicago, speaks out after Good, Pretti deaths: 'I am their voice' In a wide-ranging interview with the Chicago Sun-Times and WBEZ, Martinez discusses her shooting, the federal government’s failed attempt to prosecute her and the role she now sees for herself in a fi...

Marimar Martinez, shot 5 times by Border Patrol in Chicago, speaks out after Renee Good, Alex Pretti deaths

'I am their voice'

NEW w/ @adrianacardmag.bsky.social: chicago.suntimes.com/immigration/...

2 months ago 8945 3044 79 126
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Why The UAE’s Investment In World Liberty Financial Was A Sweetheart Deal For Trump What did the UAE get out of it?

New: “Why The Trump-UAE Crypto Deal Made No Financial Sense—For The Emiratis” 💰🤷🇦🇪

@kylekhanmullins.bsky.social (whom you should follow) and me for @forbes.com

2 months ago 108 49 9 8
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This Insurance Software Goliath Is Crushing An AI David How the AI race drove one software startup to create a fake insurance agency—and landed it in court.

What happens when an ambitious AI startup creates a fake company to help it take on a PE-backed software giant?

You guessed it: Litigation.

Here's how a Silicon Valley success story has devolved into a cautionary tale.

Read about it @forbes.com 👇
www.forbes.com/sites/johnhy...

2 months ago 7 3 1 0
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ICE Is Using Palantir’s AI Tools to Sort Through Tips ICE has been using an AI-powered Palantir system to summarize tips sent to its tipline since last spring, according to a newly released Homeland Security document.

SCOOP w/ @carolinehaskins.bsky.social: ICE Is Using Palantir’s AI Tools to Sort Through Tips

www.wired.com/story/ice-is...

2 months ago 133 60 7 2
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They ‘Had Done Everything Right.’ ICE Detained Them Anyway.

We profiled refugees who:

Arrived in the country legally.

Applied for green cards.

Were arrested by ICE and detained.

One refugee who was arrested found out they got their green card after being released.

This is an unprecedented operation.

www.nytimes.com/2026/01/26/u...

2 months ago 2833 1002 59 48
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Pope Leo’s Top U.S. Ally Says ‘No’ to Funding ICE Cardinal Joseph Tobin calls ICE a “lawless organization” perpetuating a “machinery of death” and urges Congress to defund Trump’s deportation force.

NEW: One of Pope Leo XIV’s top U.S. allies, Cardinal Joseph Tobin, is calling for the defunding of ICE.

Tobin says the “lawless organization” is a “machinery of death.”

This marks the first time a senior Church leader has called for ICE to be defunded. More are expected in the coming days.

2 months ago 2785 773 44 32
Jeff Day
JANUARY 24, 2026 AT 12:34 PM
Sources identify man shot as Alex Jeffrey Pretti of south Minneapolis
The man fatally shot by federal officers in Minneapolis this morning has been identified as Alex Jeffrey Pretti, according to sources familiar with the investigation.

Jeff Day JANUARY 24, 2026 AT 12:34 PM Sources identify man shot as Alex Jeffrey Pretti of south Minneapolis The man fatally shot by federal officers in Minneapolis this morning has been identified as Alex Jeffrey Pretti, according to sources familiar with the investigation.

Pretti, 37, has an address listed in south Minneapolis.
At a news conference, Minneapolis Police Chief Brian O'Hara said the man who was shot was a 37-year-old white man with no serious criminal history and a record that showed some parking tickets. Law enforcement sources said Saturday their records show Pretti had no serious criminal history.
O'Hara said the man was a "lawful gun owner" with a permit. Records show that Pretti attended the University of Minnesota. State records show Pretti was issued a nursing license in 2021, and it remains active through March 2026.

Pretti, 37, has an address listed in south Minneapolis. At a news conference, Minneapolis Police Chief Brian O'Hara said the man who was shot was a 37-year-old white man with no serious criminal history and a record that showed some parking tickets. Law enforcement sources said Saturday their records show Pretti had no serious criminal history. O'Hara said the man was a "lawful gun owner" with a permit. Records show that Pretti attended the University of Minnesota. State records show Pretti was issued a nursing license in 2021, and it remains active through March 2026.

Alex Jeffrey Pretti was the victim’s name.

He was a nurse.

ICE executed a nurse.

www.startribune.com/ice-raids-mi...

2 months ago 688 292 14 11
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I am trying not to post on these events in this state of mind but: I hope people understand what the observers are doing is brave and dangerous.

2 months ago 18040 3023 150 84
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Federal law enforcement agents shot and killed a man in Minneapolis on Jan. 24 according to local police officials. DHS told Fox News that the man was “armed with a gun”. A video of the shooting appears to show that a gun was taken from the man before the first shot was fired. x.com/BillMelugin_...

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A family member reacts after a federal immigration officer used a battering ram to break down a door before making an arrest on January 11, 2026, in Minneapolis.

A family member reacts after a federal immigration officer used a battering ram to break down a door before making an arrest on January 11, 2026, in Minneapolis.

Stunning photos from Minneapolis, including this one by John Locher for the Associated Press. www.theatlantic.com/photography/...

3 months ago 17989 7493 914 818
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Ah, yes, because what America needs at this moment more than anything is Karoline Leavitt’s “takes on vaccines”

3 months ago 3 0 0 0
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How Marco Rubio Went from “Little Marco” to Trump’s Foreign-Policy Enabler As Secretary of State, the President’s onetime foe now offers him lavish displays of public praise—and will execute his agenda in Venezuela and around the globe.

"The one constant in Marco Rubio’s career is that he has betrayed every mentor and every principle he’s ever had in order to claim power for himself." www.newyorker.com/magazine/202...

3 months ago 41 11 2 1
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Trump Vineyard Seeks To Hire Foreign Workers At Lower Wages Records show the Trump Organization has requested over 2,000 foreign workers since 2008. Its latest request seeks a $13.90 hourly wage—the lowest the winery has offered since 2021.

🚨 In Nov., Trump's Labor Dept. lowered the minimum wage for foreign farmworkers.

A month later, Trump's winery filed to hire 36 foreign, temporary workers.

The rate? Almost $2/hour less than in 2025.

1/

me, for @forbes.com

3 months ago 1599 965 67 61