Jemima McEvoy
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jemimamcevoy.bsky.social
Jemima McEvoy
@jemimamcevoy.bsky.social
Staff Writer for Forbes magazine

Tips about billionaires + billion dollar businesses? Email me: jmcevoy@forbes.com
Reposted by Jemima McEvoy
Weekend: The Top 5

Inside the AI era's favorite hacker houses.

Read more from @jemimamcevoy.bsky.social👇
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Inside the AI Era’s Favorite Hacker Houses
Which hacker house came first? No one’s exactly sure. But what’s certainly clear is that such hostelries have become enduring Silicon Valley staples even as many other rhythms of startup life have sig...
bit.ly
September 6, 2025 at 8:15 PM
New from me for @forbes.com : The fortune of the San Francisco-based telehealth company’s cofounder and chief executive, Andrew Dudum, crumbled by more than $400 million on Monday.
www.forbes.com/sites/jemima...
Hims & Hers CEO No Longer A Billionaire After Novo Nordisk Deal Collapses
The fortune of the San Francisco-based telehealth company’s cofounder and chief executive, Andrew Dudum, crumbled by more than $400 million on Monday.
www.forbes.com
June 23, 2025 at 9:43 PM
Reposted by Jemima McEvoy
1/ Jorge Pérez made his $2.6 billion fortune selling luxury condos in South Florida. Now Trump's tariffs and immigration crackdown are scaring off some buyers and making construction more expensive--but Pérez has a plan for that. Read my latest @forbes.com:

www.forbes.com/sites/giacom...
This Miami Billionaire Is Fighting Trump Tariffs, Immigration Crackdown
Jorge Pérez made his fortune selling luxury condos in South Florida. Now Trump’s tariff plans and immigration policies are scaring off buyers and making it harder to build.
www.forbes.com
June 17, 2025 at 1:26 PM
Reposted by Jemima McEvoy
This #billionaire Walmart heir took out a full page ad in support of the No Kings protests planned for this Saturday. from @forbes.com @jemimamcevoy.bsky.social
www.forbes.com/sites/jemima...
Walmart’s Billionaire Heiress Buys Full-Page Ad Urging People To ‘Mobilize’ At June 14 Anti-Trump Protests
The 76-year-old Christy Walton has aligned herself with “No Kings,” an organization planning mass protests across the country this Saturday.
www.forbes.com
June 10, 2025 at 6:22 PM
Reposted by Jemima McEvoy
In the wake of Hailey Bieber's $1 billion sale of her Rhode skincare firm, @forbes.com @jemimamcevoy.bsky.social looked at the richest folks in the beauty world in the U.S. and Europe:
www.forbes.com/sites/jemima...
Hailey Bieber’s $1 Billion Rhode Deal: Here Are 26 Others Who Made A Fortune In Beauty
Forbes counts fewer than 30 billionaires and centimillionaires in the U.S and Europe who have made a large chunk of their fortune in the super competitive world of beauty products.
www.forbes.com
May 30, 2025 at 3:39 PM
Reposted by Jemima McEvoy
Pretty incredible that Jeff Bezos' Amazon announced a "$5 billion-plus" partnership w/ a Saudi AI co launched by Mohammed Bin Salman and sent CEO Andy Jassy to meet with him less than 7 years after MBS murdered Jamal Khashoggi, a columnist for Bezos' Washington Post.

techcrunch.com/2025/05/13/a...
AWS enters into 'strategic partnership' with Saudi Arabia-backed Humain | TechCrunch
Amazon says it'll work with Humain, the AI company recently launched by Saudi Arabia’s ruler, to invest '$5 billion-plus' in a strategic partnership.
techcrunch.com
May 14, 2025 at 10:22 PM
Reposted by Jemima McEvoy
NEW: Shield AI is one of defense tech’s most hyped startups, largely thanks to its V-BAT drone.

But last year, a grisly injury involving a U.S. service member threw the $5 billion company off course.
www.forbes.com/sites/davidj...
How A Grisly Injury Threw $5 Billion Drone Startup Shield AI Off Course
Shield AI executives overlooked its V-BAT drone’s safety hazards. With sales falling short and the CEO stepping down, the company is trying to win back military customers.
www.forbes.com
May 13, 2025 at 12:58 PM
Reposted by Jemima McEvoy
Scoop from @jemimamcevoy.bsky.social : very significant #layoffs at Selena Gomez's mental health startup #Wondermind
May 12, 2025 at 11:36 PM
New from me: Selena Gomez’ mental health startup #Wondermind just laid off nearly two thirds of its employees.

www.forbes.com/sites/jemima...
Selena Gomez’ Struggling Mental Health Startup Lays Off Nearly Two-Thirds Of Its Employees
Several employees spoke to Forbes about financial issues at Wondermind, the four-year-old mental health startup co-founded by the celebrity and her mom in a report Forbes published over the weekend. N...
www.forbes.com
May 12, 2025 at 10:56 PM
On Saturday I broke news on problems at #SelenaGomez's mental health startup, #Wondermind, after the company failed to pay its bills.

The story included details about how Gomez' mom (Wondermind's CEO) claimed she took out a loan against her house to pay back debts

www.forbes.com/sites/jemima...
Selena Gomez’s Mental Health Startup Is Facing A Cash Crunch
Gomez’ mom, Mandy Teefey, told employees recently that she took out a loan against her home to keep Wondermind, the mental health company she cofounded with her popstar daughter, afloat after twice mi...
www.forbes.com
May 12, 2025 at 4:54 PM
Reposted by Jemima McEvoy
There’s a surprising name lurking in the rankings of startups that have raised the most funding this year. Infinite Reality.

This obscure metaverse startup claims to have raised $3 billion on a $15 billion valuation. Not all is as it seems...
April 24, 2025 at 1:45 PM
These Childhood Best Friends Made Billion-Dollar Fortunes From Chicken Fingers

From me for @forbes.com

www.forbes.com/sites/jemima...
Founders Of Fried Chicken Chain Zaxby’s Are New Billionaires
Tony Townley and Zach McLeroy met in middle school in Athens, Georgia. They’re now both billionaires from Zaxby’s, the fried chicken chain they started together in 1990.
www.forbes.com
April 1, 2025 at 4:42 PM
New from me for Forbes: The founders of this Lululemon rival are worth nearly $5 billion each.

www.forbes.com/sites/jemima...
Alo Yoga, a trendy Lululemon Rival, Mints Two New Billionaires
Founded in 2007, Alo Yoga has become a hit with such celebrities as Taylor Swift and Bella Hadid. It’s also made a fortune for two childhood best friends from Los Angeles
www.forbes.com
April 1, 2025 at 4:41 PM
NEW: @forbes.com just published its annual World Billionaires List.

This is a project I'm proud to have worked on for months.

The big takeaway: The billionaires club has never been bigger. We've reached a new milestone of over 3,000 billionaires worldwide.

www.forbes.com/sites/chasew...
Forbes Billionaires List 2025: World's Wealthiest Now Worth More Than Nearly All Nations' GDPs
The billionaires club has never been bigger—or richer. Here’s who’s up, who’s down, who’s off the list and why it matters more than ever.
www.forbes.com
April 1, 2025 at 4:33 PM
Over the past few decades, FICO has etched out a highly profitable niche as America's preeminent credit scorer. How did one company create a monopoly in this space?

The fascinating inside story on the man who made FICO by @stephenpastis.bsky.social

www.forbes.com/sites/stephe...
How FICO Turned Its Credit Scores Into A Profit Machine
FICO CEO William Lansing has burnished the credit score’s dominance and pushed through price hikes, making a bundle for long-term shareholders and himself an almost-billionaire.
www.forbes.com
March 10, 2025 at 1:47 PM
News from Tennessee: The billionaire behind America's largest private nursing home chain has lost control of his empire after a legal battle initiated by his son.

www.forbes.com/sites/jemima...
Billionaire’s Son Takes Control Of Life Care Centers Of America After Getting Dad Declared Unfit
A Tennessee court declared billionaire Forrest Preston, the mogul behind America’s largest private nursing home chain, unfit to run the business he’s headed since 1970. His son, who initiated a legal ...
www.forbes.com
March 5, 2025 at 3:21 PM
Reposted by Jemima McEvoy
The good news: @forbes.com ramped up the number of bargaining sessions in 2025.
The bad news: We've seen no change in tone at the bargaining table, just the same old, same old. Very disappointing.
February 18, 2025 at 4:15 PM
Reposted by Jemima McEvoy
A long ownership dispute over the @thenba.space @mintimberwolves.bsky.social is set to be resolved today.

My latest for @forbes.com: a profile of the serial entrepreneur who's hoping to take over as a majority owner & told me he counts his chickens every day:

www.forbes.com/sites/phoebe...
How This Serial Entrepreneur Became A Billionaire From Diapers, Basketball And Now Takeout
Diapers.com cofounder, Timberwolves co-owner and former Walmart e-commerce chief Marc Lore is betting heavily on his takeout and delivery startup Wonder.
www.forbes.com
February 10, 2025 at 3:01 PM
Reposted by Jemima McEvoy
More toxic waste courtesy of Elon
New: Alex Jones' engagement on X has soared under Elon Musk’s ownership, according to a new analysis.

Is it X's algorithm? Forbes identified over 150 people who have posted on X complaining about Jones appearing in their "For You" feeds since October.

www.forbes.com/sites/johnhy...
Musk’s X Platform Has Given New Life To Alex Jones
The conspiracy theorist’s engagement on X has soared under Musk’s ownership, according to a new analysis.
www.forbes.com
January 30, 2025 at 4:21 AM
New from me: Five years ago, Lululemon founder Chip Wilson bet big on Amer Sports, the parent company of brands Arc’teryx, Salomon and Wilson. His stake has since ballooned in value–and is on the verge of eclipsing the worth of his Lululemon shares.

www.forbes.com/sites/jemima...
Lululemon’s Cancelled Founder Scores Billions With Finnish Athleisure Venture
Five years ago, billionaire Chip Wilson bet big on Amer Sports, the parent company of such brands as Arc’teryx, Salomon and Wilson. His stake has since ballooned in value–and is on the verge of eclips...
www.forbes.com
January 25, 2025 at 8:50 PM
Reposted by Jemima McEvoy
I’ve covered Trump’s finances for 8 years and wrote a book about conflicts of interest during his first term.

I’ve never seen anything quite like the profiteering that occurred over the last few days.

www.forbes.com/sites/danale...
Trump’s Crypto Assets Are Nonsense. The Cash They Throw Off Is Very Real
Liquidity concerns loomed over Donald Trump while he was out of office. Thanks to an inaugural weekend unlike any other, those worries are now gone.
www.forbes.com
January 22, 2025 at 4:22 PM
Reposted by Jemima McEvoy
TikTok is difficult to value.

Keeping those complications in mind—we spoke with at least nine people for @forbes.com about why + broke down a few different scenarios ahead of the Supreme Court's potential ruling on the TikTok U.S. ban, which could happen any minute.

www.forbes.com/sites/phoebe...
How Much Is TikTok Really Worth?
TikTok is difficult to value. Keeping those complications in mind, Forbes spoke with at least nine people and came up with these different scenarios.
www.forbes.com
January 15, 2025 at 6:54 PM