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31-year-old millionaire has zero sympathy for unemployed Gen Z's ‘excuses’—he says 'it is scarily easy' to build a business and get rich right now

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The heiress of $10 billion Perdue Farms and the $12 billion Sheraton Hotels empire wore hand-me-downs, still rides the subway, and flies economy

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Current price of silver as of Monday, August 31, 2026

1

31-year-old millionaire has zero sympathy for unemployed Gen Z's ‘excuses’—he says 'it is scarily easy' to build a business and get rich right now

2

The heiress of $10 billion Perdue Farms and the $12 billion Sheraton Hotels empire wore hand-me-downs, still rides the subway, and flies economy

3

Current price of silver as of Monday, August 31, 2026
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Asia

Photo of Palestinians waiting to get food
West Bank food needs more than doubled since 2023 as U.N. halves its reach due to funding shortages

WFP says 76% of West Bank households have suffered significant income declines as its assistance shrinks to reach only 200,000 people

By The Associated PressSeptember 1, 2026
Photo of Iran's president
Iran says it’s ready to return to its ceasefire with the US—hours after the two sides exchanged fire again
By The Associated PressSeptember 1, 2026
Asia’s aging population will redefine retirement, care—and independence
Asia’s aging population will redefine retirement, care—and independence
By Steve FinchSeptember 1, 2026
A small boat sails past cargo ships and other commercial vessels anchored in the Strait of Hormuz off Bandar Abbas, Iran.
UAE intercepts Iranian drone over its waters in ‘dangerous escalation’ from Iran war—and threatens responding ‘decisively to aggressors’
By The Associated Press and David RisingAugust 31, 2026
The Honda and Nissan dealerships are shown in Carmel, Ind.
Nissan and Honda ink deal to boost competitiveness with ‘faster development cycles’ in vehicle software
By The Associated Press and Yuri KageyamaAugust 31, 2026
Photo of Palau's president
The tropical nation of Palau has no traffic lights and just 18,000 people—and it’s now ground zero for a U.S.-China standoff
By The Associated Press and Charlotte Graham-McLayAugust 31, 2026
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Latest stories from Fortune
Photo of Rep. Greg Casar talking with Bernie Sanders in the background
AI
A new bill would tax AI tokens to fund jobs if the technology causes mass unemployment
By Mia OsmonbekovSeptember 1, 2026
War knocked Dubai’s airport traffic down 31%. Its CEO says its global hub ambitions haven’t changed
Middle East
War knocked Dubai’s airport traffic down 31%. Its CEO says its global hub ambitions haven’t changed
By Inzamam RashidSeptember 1, 2026
Apple CEO John Ternus
Success
Apple’s new CEO John Ternus once told Gen Z to ‘never assume’ they know as much as others—he says it’s the mindset hack that will push you forward
By Emma BurleighSeptember 1, 2026
young woman speaking to a client
Success
EY is dangling bonuses of up to $25,000 for workers who prove their human skills still matter in the age of AI
By Preston ForeSeptember 1, 2026
Buildings are seen in a flood damaged Bright Angel Canyon the Grand Canyon.
Environment
‘We anticipate miles of the pipeline being destroyed’: Roughly 40% of the Grand Canyon’s critical infrastructure damaged from flash floods
By The Associated Press and Michael PhillisSeptember 1, 2026
U.S. Army Secretary Dan Driscoll speaks at the America 250 celebration at Fort Bragg.
Politics
‘Pentagon right now is, in some cases, rudderless’: Army Secretary Dan Driscoll steps down after just 18 months
By The Associated PressSeptember 1, 2026
Oil is back above $92 and inflation fears are sending U.S. bond yields to their highest since January 2025
Investing
Oil is back above $92 and inflation fears are sending U.S. bond yields to their highest since January 2025
By Damian J. Troise and The Associated PressSeptember 1, 2026
Cuba’s schools reopen with no fuel, no uniforms and a 27% teacher shortage, as 1.4 million students head to the classroom
Politics
Cuba’s schools reopen with no fuel, no uniforms and a 27% teacher shortage, as 1.4 million students head to the classroom
By Danica Coto and The Associated PressSeptember 1, 2026
More AsiaPage 61 of 73
Larry Summers, now an OpenAI board member, thinks AI could replace ‘almost all’ forms of labor. Just don’t expect a ‘productivity miracle’ anytime soon
Tech
Larry Summers, now an OpenAI board member, thinks AI could replace ‘almost all’ forms of labor. Just don’t expect a ‘productivity miracle’ anytime soon
By Will DanielMarch 28, 2024
Sinovation Ventures chairman Kai-Fu Lee
Tech
Leading China VC Kai-Fu Lee warns an investor reckoning is coming for unprofitable AI companies
By Christiaan HetznerMarch 27, 2024
HKEX’s first woman CEO says Hong Kong’s exchange could name and shame listed companies that stick with single-gender boards
Leadership
HKEX’s first woman CEO says Hong Kong’s exchange could name and shame listed companies that stick with single-gender boards
By Lionel LimMarch 27, 2024
BYD overtook Tesla as the world’s biggest seller of EVs but an earnings miss amidst a growing price war sent shares plunging the most in a year
Finance
BYD overtook Tesla as the world’s biggest seller of EVs but an earnings miss amidst a growing price war sent shares plunging the most in a year
By Danny Lee, Linda Lew and BloombergMarch 27, 2024
China’s President Xi meets with U.S. CEOs from FedEx, Blackstone and Qualcomm and tells them the Chinese economy hasn’t peaked
Finance
China’s President Xi meets with U.S. CEOs from FedEx, Blackstone and Qualcomm and tells them the Chinese economy hasn’t peaked
By BloombergMarch 27, 2024
Worsening tensions between China and the U.S. will make Hong Kong and its ‘unique status’ even more important, says the city’s top financial official
Leadership
Worsening tensions between China and the U.S. will make Hong Kong and its ‘unique status’ even more important, says the city’s top financial official
By Nicholas GordonMarch 27, 2024
Businesses are in the ‘third quarter’ of the AI contest, says Walmart International’s CEO—but people are still figuring out how best to use the new tech
Tech
Businesses are in the ‘third quarter’ of the AI contest, says Walmart International’s CEO—but people are still figuring out how best to use the new tech
By Lionel LimMarch 27, 2024
Free taxis, education subsidies, and gratis egg freezing—how Chinese companies are crafting next-gen benefits for mothers amid the country’s baby bust
Leadership
Free taxis, education subsidies, and gratis egg freezing—how Chinese companies are crafting next-gen benefits for mothers amid the country’s baby bust
By Amanda GerutMarch 27, 2024
China files WTO complaint accusing Biden administration of discriminatory practices for its America-first EV subsidies
Finance
China files WTO complaint accusing Biden administration of discriminatory practices for its America-first EV subsidies
By The Associated PressMarch 26, 2024
Citron Research short-selling founder who was banned from Hong Kong trading after warning about China Evergrande wants an apology—and a refund
Finance
Citron Research short-selling founder who was banned from Hong Kong trading after warning about China Evergrande wants an apology—and a refund
By Kiuyan Wong and BloombergMarch 26, 2024
The BYD Seal electric vehicle
Tech
China’s brutal EV war forces BYD to cut starting price for its flagship Tesla Model 3 competitor 
By Christiaan HetznerMarch 25, 2024
European laws to stop deforestation may reorder how coffee is traded and benefit one Southeast Asian nation that has long promoted more sustainable farming methods
Finance
European laws to stop deforestation may reorder how coffee is traded and benefit one Southeast Asian nation that has long promoted more sustainable farming methods
By Aniruddha Ghosal and The Associated PressMarch 25, 2024
Beijing reportedly doesn’t want Intel, AMD or Microsoft on its government computers as its drive for tech self-sufficiency picks up
Tech
Beijing reportedly doesn’t want Intel, AMD or Microsoft on its government computers as its drive for tech self-sufficiency picks up
By Lionel LimMarch 25, 2024
China woos CEOs of Apple, chipmakers, pharma giants as geopolitical tensions mount: ‘The risk-reward has changed’
Leadership
China woos CEOs of Apple, chipmakers, pharma giants as geopolitical tensions mount: ‘The risk-reward has changed’
By BloombergMarch 23, 2024
China is investigating the role of Big 4 accountant PwC in $78 billion Evergrande fraud case
Finance
China is investigating the role of Big 4 accountant PwC in $78 billion Evergrande fraud case
By BloombergMarch 22, 2024
Tesla has cut EV production at its China plant amid sluggish sales growth and intense competition in world’s biggest car market
Tech
Tesla has cut EV production at its China plant amid sluggish sales growth and intense competition in world’s biggest car market
By BloombergMarch 22, 2024
Apple CEO Tim Cook is on a charm offensive in China as the U.S. puts the squeeze on the iPhone maker
Tech
Apple CEO Tim Cook is on a charm offensive in China as the U.S. puts the squeeze on the iPhone maker
By Lionel LimMarch 22, 2024
This little-known Japanese company is a key player in the leading-edge chip industry—and that’s setting it up for success amid the AI boom
Tech
This little-known Japanese company is a key player in the leading-edge chip industry—and that’s setting it up for success amid the AI boom
By Lionel LimMarch 21, 2024
Korean Air snubs embattled Boeing—its top aircraft supplier—as it inks $14 billion deal with Airbus
Finance
Korean Air snubs embattled Boeing—its top aircraft supplier—as it inks $14 billion deal with Airbus
By Danny Lee and BloombergMarch 21, 2024
Temu-owner PDD spooked China’s e-commerce giants last year with its low prices. Now the upstart has almost doubled its annual profits
Finance
Temu-owner PDD spooked China’s e-commerce giants last year with its low prices. Now the upstart has almost doubled its annual profits
By Lionel LimMarch 21, 2024
China may have Asia’s most vibrant companies, thanks to green tech, AI, and EVs—but don’t count the rest of the region out
Commentary
China may have Asia’s most vibrant companies, thanks to green tech, AI, and EVs—but don’t count the rest of the region out
By Fang Ruan, Ketil Gjerstad, Johann Harnoss, Martin Reeves and Adam JobMarch 20, 2024
China’s booming EV market puts these 3 companies on the path to growth. Here’s what sets them apart—and the challenges they have to face
Leadership
China’s booming EV market puts these 3 companies on the path to growth. Here’s what sets them apart—and the challenges they have to face
By Lionel LimMarch 20, 2024
GoTo shares drop as the company unveils a $5.8 billion loss after selling its e-commerce platform to TikTok
Tech
GoTo shares drop as the company unveils a $5.8 billion loss after selling its e-commerce platform to TikTok
By Lionel LimMarch 20, 2024
China’s uncertainty and ‘draconian regulations’ have drastically raised risks for foreign businesses in the country, European business group says
Finance
China’s uncertainty and ‘draconian regulations’ have drastically raised risks for foreign businesses in the country, European business group says
By Elaine Kurtenbach, Ken Moritsugu and The Associated PressMarch 20, 2024
Japan’s central bank just hiked its benchmark interest rate for the first time in 17 years, scrapping the world’s last negative rate
Finance
Japan’s central bank just hiked its benchmark interest rate for the first time in 17 years, scrapping the world’s last negative rate
By Toru Fujioka, Sumio Ito and BloombergMarch 19, 2024
Evergrande founder Hui Ka Yan was once China’s richest person. Beijing now accuses him of inflating his company’s revenue by almost $80 billion
Finance
Evergrande founder Hui Ka Yan was once China’s richest person. Beijing now accuses him of inflating his company’s revenue by almost $80 billion
By Lionel LimMarch 19, 2024
Warren Buffett sold his $5bn stake in Taiwan’s TSMC in 2022, citing geopolitical tensions. But it’s soaring, with a 90% share in advanced chips made for AI
Tech
Warren Buffett sold his $5bn stake in Taiwan’s TSMC in 2022, citing geopolitical tensions. But it’s soaring, with a 90% share in advanced chips made for AI
By John Cheng, Betty Hou and BloombergMarch 18, 2024
China EV startup Xpeng will launch a brand that’s 50% cheaper, following Tesla downmarket to survive a slowing EV market
Tech
China EV startup Xpeng will launch a brand that’s 50% cheaper, following Tesla downmarket to survive a slowing EV market
By Lionel LimMarch 18, 2024
Asian millennials and Gen Z, with their ‘hyper heightened’ focus on experiences, are changing the region’s travel market
Leadership
Asian millennials and Gen Z, with their ‘hyper heightened’ focus on experiences, are changing the region’s travel market
By Lionel LimMarch 15, 2024
China’s homegrown 737 competitor has to wait a while to fill the vacuum left by Boeing: Europe says COMAC’s C919 is ‘too new’ to approve by 2026
Leadership
China’s homegrown 737 competitor has to wait a while to fill the vacuum left by Boeing: Europe says COMAC’s C919 is ‘too new’ to approve by 2026
By Lionel LimMarch 15, 2024
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31-year-old millionaire has zero sympathy for unemployed Gen Z's ‘excuses’—he says 'it is scarily easy' to build a business and get rich right nowplaceholder alt text
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The heiress of $10 billion Perdue Farms and the $12 billion Sheraton Hotels empire wore hand-me-downs, still rides the subway, and flies economyplaceholder alt text
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