Giacomo Tognini
@giacomotognini.bsky.social
Deputy editor, wealth @Forbes.com covering billionaires and the world’s richest people. Forbes Union.
@columbiajournalism.bsky.social and UC Berkeley alum. Tips: gtognini@forbes.com / giacomo.na.tognini@proton.me
@columbiajournalism.bsky.social and UC Berkeley alum. Tips: gtognini@forbes.com / giacomo.na.tognini@proton.me
Pinned
IPO Backed By Former Texas Governor, Energy Secretary Mints Three Billionaires
Fermi America’s IPO on Wednesday catapulted the fortunes of multiple investors—including Rick Perry’s son and the son of a former GOP congressman—into the ten figures.
www.forbes.com
Former energy secretary Rick Perry's data center real estate firm, Fermi, went public today. The stock jumped 55%, valuing it at $19 billion and minting 3 new billionaires--despite the firm having $0 in revenue.
New from me + @kylekhanmullins.bsky.social @forbes.com:
www.forbes.com/sites/kylemu...
New from me + @kylekhanmullins.bsky.social @forbes.com:
www.forbes.com/sites/kylemu...
Reposted by Giacomo Tognini
Have you been using #Sora? Some back-of-napkin math suggests OpenAI is spending more than a quarter of what it’s making to power its AI slop factory. There are also potential silver linings (more training data + future tax savings). My latest for @forbes.com:
www.forbes.com/sites/phoebe...
www.forbes.com/sites/phoebe...
Here’s How Much Cash OpenAI Is Burning On AI Video App Sora. What It Means
Some back-of-napkin math suggests OpenAI is spending more than a quarter of what it’s making to power the AI slop factory.
www.forbes.com
November 10, 2025 at 4:37 PM
Have you been using #Sora? Some back-of-napkin math suggests OpenAI is spending more than a quarter of what it’s making to power its AI slop factory. There are also potential silver linings (more training data + future tax savings). My latest for @forbes.com:
www.forbes.com/sites/phoebe...
www.forbes.com/sites/phoebe...
Reposted by Giacomo Tognini
New: With Mercor’s new fundraise and $10 billion valuation, its founders become the world’s youngest self-made billionaires at age 22, younger than Mark Zuckerberg was when he hit that status at age 23 two decades ago. www.forbes.com/sites/richar...
These 22-Year-Olds Are Now The World’s Youngest Self-Made Billionaires
With a new $10 billion valuation for their AI recruiting startup Mercor, the founders are the youngest tech billionaires since Mark Zuckerberg’s debut at age 23.
www.forbes.com
October 30, 2025 at 6:15 PM
New: With Mercor’s new fundraise and $10 billion valuation, its founders become the world’s youngest self-made billionaires at age 22, younger than Mark Zuckerberg was when he hit that status at age 23 two decades ago. www.forbes.com/sites/richar...
Reposted by Giacomo Tognini
Luca Ferrari bought his first app back in 2014 for just $10,000 with the hope that his Milan-based startup could turn it around. A decade later, Ferrari has become one of tech’s biggest dealmakers, and a new billionaire, after a new funding round valued his startup at more than $11 billion.
Bending Spoons Cofounders Become Billionaire After Italian Startup Raises At $11 Billion Valuation | Iain Martin
Luca Ferrari bought his first app back in 2014 for just $10,000 with the hope that he and his three cofounders in Milan-based startup Bending Spoons could turn it around. A decade later, Ferrari has b...
www.linkedin.com
October 30, 2025 at 2:03 PM
Luca Ferrari bought his first app back in 2014 for just $10,000 with the hope that his Milan-based startup could turn it around. A decade later, Ferrari has become one of tech’s biggest dealmakers, and a new billionaire, after a new funding round valued his startup at more than $11 billion.
Reposted by Giacomo Tognini
Thanks to his $130 million donation to pay troops during the gov shutdown, Mellon has likely given away a bigger % of his fortune than any person ever: more than half.
A breakdown of his giving and how he made his millions—not just from inheritance!—for @forbes.com:
www.forbes.com/sites/phoebe...
A breakdown of his giving and how he made his millions—not just from inheritance!—for @forbes.com:
www.forbes.com/sites/phoebe...
Trump Donor Tim Mellon Has Likely Donated More Than Half His Fortune To Politics
The banking heir may be the first wealthy American to do so, thanks to his $130 million donation to pay troops during the government shutdown.
www.forbes.com
October 28, 2025 at 7:31 PM
Thanks to his $130 million donation to pay troops during the gov shutdown, Mellon has likely given away a bigger % of his fortune than any person ever: more than half.
A breakdown of his giving and how he made his millions—not just from inheritance!—for @forbes.com:
www.forbes.com/sites/phoebe...
A breakdown of his giving and how he made his millions—not just from inheritance!—for @forbes.com:
www.forbes.com/sites/phoebe...
Reposted by Giacomo Tognini
New details about Deel's latest fundraise, its legal + private market battle with Rippling and what's next in my story with Matt Durot for @forbes.com:
www.forbes.com/sites/mattdu...
www.forbes.com/sites/mattdu...
Deel Vs. Rippling: Alex Bouaziz On Deel’s Latest Fundraise And Why He’s Not Worried About Litigation
HR software rivals have accused each other of corporate espionage in lawsuits filed earlier this year. A funding round announced Thursday boosted Deel’s valuation just above Rippling’s for the first t...
www.forbes.com
October 20, 2025 at 4:45 PM
New details about Deel's latest fundraise, its legal + private market battle with Rippling and what's next in my story with Matt Durot for @forbes.com:
www.forbes.com/sites/mattdu...
www.forbes.com/sites/mattdu...
The Fanjul family sugar barons have been wooing politicians for decades, but their bet on Trump is their best yet--especially after Trump pushed Coca-Cola to use cane sugar in its U.S. coke.
@chloesorvino.bsky.social and I dug into their $4 billion fortune @forbes.com:
www.forbes.com/sites/chloes...
@chloesorvino.bsky.social and I dug into their $4 billion fortune @forbes.com:
www.forbes.com/sites/chloes...
Meet The Florida Sugar Barons Worth $4 Billion And Getting Sweet Deals From Donald Trump
The Fanjul family has been wooing politicians for decades, but their bet on the Trump administration is their best yet, after the president added tariffs for foreign competitors and pushed Coca-Cola t...
www.forbes.com
October 17, 2025 at 3:12 PM
The Fanjul family sugar barons have been wooing politicians for decades, but their bet on Trump is their best yet--especially after Trump pushed Coca-Cola to use cane sugar in its U.S. coke.
@chloesorvino.bsky.social and I dug into their $4 billion fortune @forbes.com:
www.forbes.com/sites/chloes...
@chloesorvino.bsky.social and I dug into their $4 billion fortune @forbes.com:
www.forbes.com/sites/chloes...
Reposted by Giacomo Tognini
My latest @forbes.com daily cover profiles startup Leo Cancer Care, which is transforming cancer radiation treatment with a simple idea: having patients sit up instead of lying down. Now hospitals are buying dozens of its chairs.
www.forbes.com/sites/amyfel...
www.forbes.com/sites/amyfel...
How A High-Tech Chair Could Revolutionize Cancer Radiation Therapy
Startup Leo Cancer Care is transforming proton radiation treatment with a simple idea: having patients sit up instead of lying down. Now hospitals that include Stanford and McLaren are lining up to bu...
www.forbes.com
October 16, 2025 at 1:14 PM
My latest @forbes.com daily cover profiles startup Leo Cancer Care, which is transforming cancer radiation treatment with a simple idea: having patients sit up instead of lying down. Now hospitals are buying dozens of its chairs.
www.forbes.com/sites/amyfel...
www.forbes.com/sites/amyfel...
Reposted by Giacomo Tognini
Just published: "Why No One Really Knows How Much Money The Trumps Are Making Right Now" www.forbes.com/sites/danale...
Why No One Really Knows How Much Trump Is Making Right Now
A crypto company has taken in more money than almost any other entity in the president’s empire. But thanks to a secretive agreement, it remains unclear who is really receiving the cash.
www.forbes.com
October 15, 2025 at 10:53 AM
Just published: "Why No One Really Knows How Much Money The Trumps Are Making Right Now" www.forbes.com/sites/danale...
Vietnamese real estate mogul Dang Thanh Tam's industrial park firm, Kinh Bac City, boomed during Trump's first term as his trade war with China pushed manufacturers to Vietnam. Now he's partnering with Trump on a $1.5 billion luxury hotel. Read @forbes.com:
www.forbes.com/sites/giacom...
www.forbes.com/sites/giacom...
This Vietnamese Real Estate Mogul Is Opening A Golf Resort With Trump
Dang Thanh Tam’s business got a boost from Donald Trump’s first-term trade wars. New tariffs might hurt him, but he has an ace up his sleeve: a $1.5 billion luxury project with Trump.
www.forbes.com
October 15, 2025 at 2:23 PM
Vietnamese real estate mogul Dang Thanh Tam's industrial park firm, Kinh Bac City, boomed during Trump's first term as his trade war with China pushed manufacturers to Vietnam. Now he's partnering with Trump on a $1.5 billion luxury hotel. Read @forbes.com:
www.forbes.com/sites/giacom...
www.forbes.com/sites/giacom...
Reposted by Giacomo Tognini
Revolut Billionaire CEO Is The Latest Ultra-Wealthy Founder To Leave London After Tax Change
www.forbes.com/sites/iainma...
www.forbes.com/sites/iainma...
Revolut’s Billionaire Cofounder Nik Storonsky Relocates To Dubai
Revolut cofounder Nik Storonsky is the latest billionaire to shift their residence away from the U.K. after the British government scrapped a generous tax break
www.forbes.com
October 7, 2025 at 4:03 PM
Revolut Billionaire CEO Is The Latest Ultra-Wealthy Founder To Leave London After Tax Change
www.forbes.com/sites/iainma...
www.forbes.com/sites/iainma...
Former energy secretary Rick Perry's data center real estate firm, Fermi, went public today. The stock jumped 55%, valuing it at $19 billion and minting 3 new billionaires--despite the firm having $0 in revenue.
New from me + @kylekhanmullins.bsky.social @forbes.com:
www.forbes.com/sites/kylemu...
New from me + @kylekhanmullins.bsky.social @forbes.com:
www.forbes.com/sites/kylemu...
IPO Backed By Former Texas Governor, Energy Secretary Mints Three Billionaires
Fermi America’s IPO on Wednesday catapulted the fortunes of multiple investors—including Rick Perry’s son and the son of a former GOP congressman—into the ten figures.
www.forbes.com
October 2, 2025 at 1:51 AM
Former energy secretary Rick Perry's data center real estate firm, Fermi, went public today. The stock jumped 55%, valuing it at $19 billion and minting 3 new billionaires--despite the firm having $0 in revenue.
New from me + @kylekhanmullins.bsky.social @forbes.com:
www.forbes.com/sites/kylemu...
New from me + @kylekhanmullins.bsky.social @forbes.com:
www.forbes.com/sites/kylemu...
1/ Shares in Moderna and BioNTech have imploded since their 2021 peaks, shaving billions of dollars from their founders’ fortunes. Growing anti-vax hysteria and RFK Jr.’s FDA will likely make the situation even worse.
Read at @forbes.com
www.forbes.com/sites/giacom...
Read at @forbes.com
www.forbes.com/sites/giacom...
Tanking Covid-19 Vaccine Sales Are Crushing Biotech Billionaire Fortunes
Shares in Moderna and BioNTech have imploded since their 2021 peaks, shaving billions of dollars from their founders’ fortunes.
www.forbes.com
September 29, 2025 at 2:01 PM
1/ Shares in Moderna and BioNTech have imploded since their 2021 peaks, shaving billions of dollars from their founders’ fortunes. Growing anti-vax hysteria and RFK Jr.’s FDA will likely make the situation even worse.
Read at @forbes.com
www.forbes.com/sites/giacom...
Read at @forbes.com
www.forbes.com/sites/giacom...
Reposted by Giacomo Tognini
Nvidia’s Jensen Huang just bet $500 million that a tiny data center startup can become a British rival to Coreweave. www.forbes.com/sites/iainma...
Nvidia Keeps Minting New Coreweave-Style AI Data Center Unicorns
Nscale, a tiny London-based startup, just landed $500 million in backing from AI chip giant Nvidia to help build a massive data centers for OpenAI in the U.K. and Europe.
www.forbes.com
September 23, 2025 at 10:48 AM
Nvidia’s Jensen Huang just bet $500 million that a tiny data center startup can become a British rival to Coreweave. www.forbes.com/sites/iainma...
Reposted by Giacomo Tognini
A series of bold bets and calculated risks helped Michael Intrator turn @CoreWeave from a no-name crypto miner into a $50 billion company, serving compute to the likes of OpenAI and Microsoft. Elated to share my latest @forbes.com cover story with @pheebini.bsky.social www.forbes.com/sites/rashis...
How CoreWeave’s GPU Bet Made Four Risk-Loving Cryptominers AI Billionaires
Creative financing and an enormous appetite for risk helped CoreWeave’s Michael Intrator ride the AI data center boom to a $6.7 billion personal fortune. But as bubble fears mount, his reliance on bil...
www.forbes.com
September 22, 2025 at 8:38 PM
A series of bold bets and calculated risks helped Michael Intrator turn @CoreWeave from a no-name crypto miner into a $50 billion company, serving compute to the likes of OpenAI and Microsoft. Elated to share my latest @forbes.com cover story with @pheebini.bsky.social www.forbes.com/sites/rashis...
Reposted by Giacomo Tognini
New @forbes.com magazine cover story—from @rashis.bsky.social and me—is our take on #CoreWeave, one of the biggest beneficiaries of the #AI boom. It's a fascinating firm built on bold bets, complex risk & no shortage of luck. Would love to hear what you think:
www.forbes.com/sites/rashis...
www.forbes.com/sites/rashis...
September 22, 2025 at 8:50 PM
New @forbes.com magazine cover story—from @rashis.bsky.social and me—is our take on #CoreWeave, one of the biggest beneficiaries of the #AI boom. It's a fascinating firm built on bold bets, complex risk & no shortage of luck. Would love to hear what you think:
www.forbes.com/sites/rashis...
www.forbes.com/sites/rashis...
This is a fabulously written, in-depth profile of Edwin Chen, the billionaire founder of Surge AI and one of the key people to watch in the AI revolution. Incredible reporting and a must-read story from @pheebini.bsky.social
1/ My latest for @forbes.com is a profile of a founder who holds outsized influence in the race to improve AI models and hates Silicon Valley culture.
Edwin Chen on aliens and Eminem but also bootstrapping Surge AI, why he'd never go public and the future of AI:
www.forbes.com/sites/phoebe...
Edwin Chen on aliens and Eminem but also bootstrapping Surge AI, why he'd never go public and the future of AI:
www.forbes.com/sites/phoebe...
AI Founder Edwin Chen Shunned VC. Now He’s Worth $18 Billion
An alum of Google and Twitter, Edwin Chen built his data labeling company, Surge, in the shadows of the AI revolution. Now the 37-year-old wants to make his voice heard.
www.forbes.com
September 17, 2025 at 8:50 PM
This is a fabulously written, in-depth profile of Edwin Chen, the billionaire founder of Surge AI and one of the key people to watch in the AI revolution. Incredible reporting and a must-read story from @pheebini.bsky.social
1/Jared Kushner is now a #billionaire with an estimated fortune of just over $1 billion. That's thanks in part to his private equity firm Affinity Partners, which has made some good bets and raised another $1.5 billion last year.
@forbes.com w/ @mhunterhart.bsky.social
www.forbes.com/sites/monica...
@forbes.com w/ @mhunterhart.bsky.social
www.forbes.com/sites/monica...
Jared Kushner Is Now A Billionaire
Thanks to some good investments, new funding from his Middle Eastern backers and higher home values in south Florida, Ivanka Trump’s husband has joined his brother and his father-in-law in the three-c...
www.forbes.com
September 16, 2025 at 3:33 PM
1/Jared Kushner is now a #billionaire with an estimated fortune of just over $1 billion. That's thanks in part to his private equity firm Affinity Partners, which has made some good bets and raised another $1.5 billion last year.
@forbes.com w/ @mhunterhart.bsky.social
www.forbes.com/sites/monica...
@forbes.com w/ @mhunterhart.bsky.social
www.forbes.com/sites/monica...
Giorgio Armani’s will was unsealed on Thursday, a week after the iconic fashion designer’s death at the age of 91 on September 4. Here's how he divided up his $9.6 billion fortune among five heirs--all of whom are now billionaires.
Read here @forbes.com:
www.forbes.com/sites/giacom...
Read here @forbes.com:
www.forbes.com/sites/giacom...
Meet Giorgio Armani’s Billionaire Heirs
The unsealing of the fashion icon’s will shows he left nothing to chance, dividing his fortune among five now billionaires and naming potential buyers for his fashion house.
www.forbes.com
September 13, 2025 at 3:26 PM
Giorgio Armani’s will was unsealed on Thursday, a week after the iconic fashion designer’s death at the age of 91 on September 4. Here's how he divided up his $9.6 billion fortune among five heirs--all of whom are now billionaires.
Read here @forbes.com:
www.forbes.com/sites/giacom...
Read here @forbes.com:
www.forbes.com/sites/giacom...
Reposted by Giacomo Tognini
Our fearless colleagues were outside the
@forbes.com Power Women’s Summit in the rain ☔ this morning with an important gut check.
@forbes.com Power Women’s Summit in the rain ☔ this morning with an important gut check.
September 10, 2025 at 4:03 PM
Our fearless colleagues were outside the
@forbes.com Power Women’s Summit in the rain ☔ this morning with an important gut check.
@forbes.com Power Women’s Summit in the rain ☔ this morning with an important gut check.
1/ Jared Kushner founded a new AI startup, Brain Co., with prolific VC Elad Gil, former Mexican foreign minister Luis Videgaray and Opendoor cofounder Eric Wu. The firm aims to help large businesses and governments apply AI to their operations.
Read @forbes.com:
www.forbes.com/sites/giacom...
Read @forbes.com:
www.forbes.com/sites/giacom...
Meet Jared Kushner’s New AI Startup, Brain Co
Kushner teamed up with prolific solo investor Elad Gil and Luis Videgaray, the former Mexican foreign minister, to launch Brain Co., which helps businesses and governments apply AI to their operations...
www.forbes.com
September 10, 2025 at 2:45 PM
1/ Jared Kushner founded a new AI startup, Brain Co., with prolific VC Elad Gil, former Mexican foreign minister Luis Videgaray and Opendoor cofounder Eric Wu. The firm aims to help large businesses and governments apply AI to their operations.
Read @forbes.com:
www.forbes.com/sites/giacom...
Read @forbes.com:
www.forbes.com/sites/giacom...
Reposted by Giacomo Tognini
Jared Kushner has cofounded an AI startup, Brain Co, with VC Elad Gil and Luis Videgaray, the former Mexican foreign minister, to help corporates and government deploy AI www.forbes.com/sites/giacom...
Meet Jared Kushner’s New AI Startup, Brain Co
Kushner teamed up with prolific solo investor Elad Gil and Luis Videgaray, the former Mexican foreign minister, to launch Brain Co., which helps businesses and governments apply AI to their operations...
www.forbes.com
September 10, 2025 at 11:26 AM
Jared Kushner has cofounded an AI startup, Brain Co, with VC Elad Gil and Luis Videgaray, the former Mexican foreign minister, to help corporates and government deploy AI www.forbes.com/sites/giacom...
Reposted by Giacomo Tognini
In honor of the #Forbes400, the Forbes Union is sharing some numbers of our own. @forbes.com has dragged its capitalist feet for far too long. It's time to give the newsroom a fair contract!! #union #journalismjobs
September 9, 2025 at 2:43 PM
In honor of the #Forbes400, the Forbes Union is sharing some numbers of our own. @forbes.com has dragged its capitalist feet for far too long. It's time to give the newsroom a fair contract!! #union #journalismjobs
1/ Today, @forbes.com launched its 44th annual Forbes 400 list, chronicling the wealth of the 400 richest Americans. They're collectively worth a record $6.6 trillion and it now takes a record $3.8 billion net worth to make the cut. Let's dig into the numbers.
www.forbes.com/forbes-400/
www.forbes.com/forbes-400/
The Forbes 400 List 2025 - The Richest People in America Ranked
Forbes' 2025 list of the 400 Richest People in America ranks U.S. billionaires and the wealthiest people in the United States by their net worths.
www.forbes.com
September 9, 2025 at 3:00 PM
1/ Today, @forbes.com launched its 44th annual Forbes 400 list, chronicling the wealth of the 400 richest Americans. They're collectively worth a record $6.6 trillion and it now takes a record $3.8 billion net worth to make the cut. Let's dig into the numbers.
www.forbes.com/forbes-400/
www.forbes.com/forbes-400/
Reposted by Giacomo Tognini
The listing comes as #OpenAI gears up for an astronomical employee share sale that could make many in OpenAI’s ranks rich enough to afford the mansion.
Scoop for @forbes.com:
www.forbes.com/sites/phoebe...
Scoop for @forbes.com:
www.forbes.com/sites/phoebe...
Sam Altman Is Selling His Most Valuable Known Property
The listing comes as OpenAI gears up for an astronomical employee share sale that could make many in OpenAI’s ranks rich enough to afford the mansion.
www.forbes.com
September 8, 2025 at 10:46 PM
The listing comes as #OpenAI gears up for an astronomical employee share sale that could make many in OpenAI’s ranks rich enough to afford the mansion.
Scoop for @forbes.com:
www.forbes.com/sites/phoebe...
Scoop for @forbes.com:
www.forbes.com/sites/phoebe...