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Although South Korea’s benchmark Kospi index was one of the worst performers in Asia last year, it rebounded in 2024 fueled by investor frenzy over AI and the government’s $470 billion plan with the private sector to make the country a global chip production hub. The Kospi’s 11% rise, since we last measured fortunes 12 months ago, lifted the collective net worth of the country’s 50 richest to $115 billion from $106 billion.<br/><br/>This list was compiled using shareholding and financial information obtained from the families and individuals, stock exchanges, annual reports, analysts, government agencies and other sources. Net worths were based on stock prices and exchange rates as of the close of markets on April 2, 2024 and private companies were valued based on similar companies that are publicly traded. Real-time net worths on Forbes.com may reflect different valuations. The ranking lists both individual and family fortunes, including those shared among relatives and may differ from the World’s Billionaires List, which includes individual fortunes with net worths as of March 8. The list can also include foreign citizens with business, residential or other ties to the country, or citizens who don’t reside in the country but have significant business or other ties to the country. The editors reserve the right to amend any information or remove any listees in light of new information.<br/><br/>Read the full story on Forbes: https://www.forbes.com/lists/korea-billionaires/?sh=745f04012222<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.
⏲ 3:36 👁 1.2M
Wes Edens has broken ground on Brightline West, his $12 billion Las Vegas-to-SoCal railway, aided by billions from the Biden Administration. But building more high-speed lines like this one won’t be easy.<br/><br/>Under a blazing morning Las Vegas sun, billionaire Wes Edens and Transportation Secretary Pete Buttigieg threw a party this week to mark the start of construction of Brightline West, the first private high-speed railway in the U.S., driving yellow spikes into a section of track.<br/><br/>Now comes the hard part. The $12 billion project is three years behind his original schedule — delayed by the pandemic and final environmental approvals — but if construction goes as fast as the billionaire cofounder of Fortress Investment Group promises, it'll open in time to speed travelers across the desert at 200 miles per hour from Sin City to Southern California in time for the 2028 Los Angeles Olympics.<br/><br/>“The timeline is both realistic and achievable,” Edens told Forbes. “The impact of this is going to be long-lasting and prodigious. And I want it to be successful because I want the next one and the next one and the next one to happen.”<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/alanohnsman/2024/04/23/in-las-vegas-a-billionaires-blueprint-for-building-bullet-trains/?sh=1884f4bb64ac<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
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Japanese company iSpace's Hakuto-R lander captured amazing views of the the Earth during a solar eclipse and more during its journey to a moon landing attempt. <br/><br/>Credit: iSpace
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It’s Friday, May 3rd, and we have lots of new music to get through. Kendrick Lamar hits back at Drake again this week with a second diss track “6:16 in LA.” The track comes out after merely days of releasing “euphoria.”Dua Lipa released her new album titled ‘Radical Optimism,’ and she shares the meaning of it and more when she dropped by the studio. Sia drops a new album ‘Reasonable Woman’ after five years since her last album and WILLOW released her highly anticipated album ‘emphathogen.’ We give you a behind the scenes look at WILLOW’s private concert. We sat down with Rapsody, and she shares How It Went Down behind the creation of her latest single “3:AM” with Erykah Badu. J Balvin & Imagine Dragons just launched their new single “Eyes Closed,” Mckenna Grace releases “Gentleman”and more
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Sony Pictures Entertainment and Apollo Global Management have offered to acquire Paramount Global in an all-cash deal valued at $26 billion. The joint bid comes as Paramount's board considers a merger with Skydance Media that would keep the company public. Shari Redstone, the controlling shareholder of Paramount Global, prefers the Skydance deal. A Sony/Paramount merger would reduce the major Hollywood studios from five to four following Disney's 20th Century Fox acquisition. Wall Street reacted positively to the news, sending Paramount shares up 13%.
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Hunter Biden, son of President Joe Biden, has demanded that Fox News remove explicit images from its platforms, alleging defamation and unlawful publication of private images.
⏲ 0:48 👁 8.7M
Quantas has apologised for a serious data breach after the airline’s app malfunctioned. Customers were able to see other people’s account details including where they were about to fly.
⏲ 1:47 👁 910K
Arti Singh shares a Cozy photo with Husband after her Marriage, Photo goes Viral. Recently, From Pheras to Kanyadaan, she shared her Full Wedding Video. Arti Singh and Dipak Chauhan tied knot on 25 April 2024. Watch Video to know more <br/> <br/>#ArtiSinghWedding #ArtiSinghTrolled #ArtiSingh<br/>~HT.99~PR.132~
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California has reached a milestone of having one electric vehicle charging station for every five gas stations, with over 105,000 individual public or private EV chargers now installed. This helps advance California's goals as it moves towards its 2035 ban on new gas vehicle sales and leads the U.S. in EV adoption rates. California accounts for about one-third of all U.S. electric vehicle sales and has over 1.8 million zero-emission vehicles sold. The state recently approved a $1.9 billion plan to install up to 40,000 new public charging stations on its roads.
⏲ 0:38 👁 475K
Welcome to Fan Reviews News. In a surprising turn of events, Florida Governor Ron DeSantis and former President Donald Trump recently met privately in Miami, according to multiple sources. This meeting marks an attempt to mend their rocky relationship after a contentious GOP primary, in which Trump emerged as the winner over DeSantis. While the details of their recent meeting remain undisclosed, it is clear that there is a concerted effort to mend the rift between DeSantis and Trump. As both influential figures in the Republican Party, their reconciliation could have significant implications on future political dynamics. Whether they can truly bury the hatchet and find common ground remains to be seen, but it wouldn't be shocking if DeSantis becomes Trump's number one supporter moving forward. We will keep you updated with everything happening in the 2024 Election, on Fan Reviews News.
⏲ 0:54 👁 12.8M
If successful, Space One will be first Japanese private launch company to reach orbit. The Kairos rocket will launch from Space Port Kii in Kushimoto, western Japan. <br/><br/>Credit: Space.com | animation: Space One | edited by Steve Spaleta<br/>Music: Trembling Anticipation by Dream Cave / courtesy of Epidemic Sound
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The Falcon 1 made history on September 28, 2008 by becoming the \
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