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A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he's a billionaire who says the American Dream isn't dead

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A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he's a billionaire who says the American Dream isn't dead

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Current price of oil as of August 18, 2026

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Current price of silver as of Tuesday, August 18, 2026
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a woman rides an ALSO autonomous bike
Also’s $3,500 e-bike is a $1 billion Trojan horse for autonomous transportation

The Rivian spinoff just raised $150 million to build autonomous vehicles for moving people and packages—not just pedalers.

By Lily Mae LazarusAugust 19, 2026
A Home Depot store in Atlanta, Georgia.
Home Depot’s $730 million tariff refund was largely offset by rising costs
By Sheryl EstradaAugust 19, 2026
Nelson Peltz might take Wendy’s private following six straight quarterly sales declines as customers flee its poor franchise models and bad marketing
Nelson Peltz might take Wendy’s private following six straight quarterly sales declines as customers flee its poor franchise models and bad marketing
By Tatiana SatauaAugust 19, 2026
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Exclusive: Accounting AI startup Rillet reaches unicorn status with $1 billion valuation. Its founder says he wants to give CFOs back their weekends
By Nick LichtenbergAugust 18, 2026
Photo of Sergey Brin at Met Gala
Meet the venture capital and crypto billionaires quietly bankrolling the fight against California’s wealth tax
By Mia OsmonbekovAugust 18, 2026
Jensen Huang, chief executive officer of Nvidia Corp., attends a media briefing following the company's "Japan AI Ecosystem" reception in Tokyo.
OpenAI data center deal with Nvidia comes in $145 billion lower than reported—signaling concerns of artificial demand for chips
By Joshua HongAugust 18, 2026
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Future of Work
Even potato-chip tasters are temporary in the economy of 2026 — there’s nearly 57 million of these ‘disposable workers’
By Paul Osterman and The ConversationAugust 19, 2026
Current price of silver as of Wednesday, Aug. 19, 2026
Personal Finance
Current price of silver as of Wednesday, August 19, 2026
By Joseph HostetlerAugust 19, 2026
Current price of oil as of Aug. 19, 2026
Personal Finance
Current price of oil as of August 19, 2026
By Joseph HostetlerAugust 19, 2026
Current price of Bitcoin for Aug. 19, 2026
Personal Finance
Current price of Bitcoin for August 19, 2026
By Joseph HostetlerAugust 19, 2026
Current price of Ethereum for Aug. 19, 2026
Personal Finance
Current price of Ethereum for August 19, 2026
By Joseph HostetlerAugust 19, 2026
Top CD rates from major banks Aug. 19, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on August 19, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerAugust 19, 2026
Photo: President Trump.
Newsletters
Iran has Trump right where it wants him and suggests he seek ‘a dignified exit’
By Jim EdwardsAugust 19, 2026
One of the VC world’s biggest stars is doubling down on sports in a big way, and there’s a compelling tax reason behind the strategy
Newsletters
One of the VC world’s biggest stars is doubling down on sports in a big way, and there’s a compelling tax reason behind the strategy
By Jason MaAugust 19, 2026
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Success
Reed Hastings says he learned why companies aren’t families after laying off one-third of Netflix: ‘You would never lay off two of your kids’
By Preston ForeAugust 18, 2026
Dropbox co-CEO Ashraf Alkarmi
Success
Dropbox co-CEO has just shared the simple rule he follows for when to turn down a meeting
By Emma BurleighAugust 18, 2026
Alibaba’s $2 billion gaming exit signals where Beijing wants its money
Big Tech
Alibaba’s $2 billion gaming exit signals where Beijing wants its money
By Mia OsmonbekovAugust 18, 2026
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Big Tech
Andreessen Horowitz focus of DOJ probe over board directors
By Josh Sisco, Natasha Mascarenhas and BloombergAugust 17, 2026
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Big Tech
Meta heads to child safety trial facing financial damages as large as $1.4 trillion
By Barbara Ortutay and The Associated PressAugust 17, 2026
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Success
Billionaire founder agrees with Elon Musk, Sam Altman, and Jeff Bezos: We will live and work in space—and could be commuting to the moon by 2030
By Orianna Rosa RoyleAugust 17, 2026
Stripe clinches over $7 billion deal to buy AI firm OpenRouter
AI
Stripe clinches over $7 billion deal to buy AI firm OpenRouter
By Yazhou Sun, Natasha Mascarenhas, Paige Smith and BloombergAugust 16, 2026
Berkshire Hathaway buys more homebuilder stocks but slashes stakes in banks and dumps all its holdings in alcoholic beverage maker
Investing
Berkshire Hathaway buys more homebuilder stocks but slashes stakes in banks and dumps all its holdings in alcoholic beverage maker
By Alex Veiga and The Associated PressAugust 16, 2026
Fortune Archives: The end of an era at Google DeepMind
Newsletters
Fortune Archives: The end of an era at Google DeepMind
By Indrani SenAugust 16, 2026
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AI
There isn’t just one AI bubble, strategist says — there’s a ‘rolling sequence of bubbles’ instead
By Nick LichtenbergAugust 16, 2026
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Big Tech
Jimmy Wales: ‘AI can generate answers. It still can’t earn trust’
By Ioanna ThomaAugust 16, 2026
Harvard fund discloses $2.2 billion stake in Musk’s SpaceX
Investing
Harvard fund discloses $2.2 billion stake in Musk’s SpaceX
By Janet Lorin and BloombergAugust 15, 2026
Alibaba AI models hit 3 billion downloads, passing Meta, Google
AI
Alibaba AI models hit 3 billion downloads, passing Meta, Google
By Saritha Rai and BloombergAugust 15, 2026
Berkshire pads Delta, Alphabet stakes as Abel taps cash pile
Investing
Berkshire pads Delta, Alphabet stakes as Abel taps cash pile
By Alexandre Rajbhandari and BloombergAugust 15, 2026
Nvidia has $21 billion SpaceX stake, $30 billion in Intel shares
Big Tech
Nvidia has $21 billion SpaceX stake, $30 billion in Intel shares
By Lynn Doan and BloombergAugust 15, 2026
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Commentary
AI is creating a new wave of philanthropists. The system they’re walking into is broken
By Nick Allardice and David GoldbergAugust 15, 2026
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., wears a pair of Meta Ray-Ban Display AI glasses during the Meta Connect event.
Cybersecurity
People are going to extreme lengths to stop themselves from being filmed through Meta’s ‘pervert glasses’
By Joshua HongAugust 14, 2026
Tesla CEO Elon Musk
Success
Elon Musk’s $158 billion Tesla pay was 2.5 million times his workers’ salary last year—it’s ‘unlike anything we have seen before,’ exec pay watch says
By Emma BurleighAugust 14, 2026
NBA Commissioner Adam Silver and Joshua Kushner attend day ten of the 2025 US Open Tennis Championships.
Big Tech
41-year-old Josh Kushner’s World Cup privatization scheme fell apart. Then he became the Lakers co-owner days later
By Greg Beacham and The Associated PressAugust 14, 2026
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Arts & Entertainment
‘Call Her Daddy’ host Alex Cooper’s Unwell beverage business is shutting down
By Ashley Carman and BloombergAugust 14, 2026
Glenn Fogel runs the world’s largest online travel business. He still personally reads customer complaints because ‘you gotta get that sh*t right’ 
Europe
Glenn Fogel runs the world’s largest online travel business. He still personally reads customer complaints because ‘you gotta get that sh*t right’ 
By Kamal AhmedAugust 14, 2026
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Commentary
AI will make the biggest companies bigger and the smallest more powerful. Hotels show who gets squeezed
By Roman PedanAugust 14, 2026
Microsoft begins to merge consumer and enterprise Copilot apps in push for super app
AI
Microsoft begins to merge consumer and enterprise Copilot apps in push for super app
By Sebastian HerreraAugust 13, 2026
A DeepSeek logo is seen displayed on a smartphone on the top of a laptop.
Big Tech
DeepSeek increases prices for AI services by multiple times
By Bloomberg and Saritha RaiAugust 13, 2026
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AI
Anthropic said in talks to buy startup Decart for $6 billion
By Lynn Doan, Ryan Gould, Natasha Mascarenhas, Shirin Ghaffary and BloombergAugust 13, 2026
Donald Trump speaks into a microphone.
Investing
Nearly a dozen firms are already paying up to $100,000 per month for early access to Trump’s Truth Social posts
By Sasha RogelbergAugust 12, 2026
Nvidia CEO Jensen Huang
Big Tech
Nvidia found a new way to keep the AI boom funded: your retirement money
By Eva RoytburgAugust 12, 2026
Nicolai Tangen, chief executive officer of Norges Bank Investment Management.
Investing
Norway $2.3 trillion fund posts best quarter since 2020
By Bloomberg and Heidi Taksdal SkjesethAugust 12, 2026
Photo of Phoebe Gates
Retail
Phoebe Gates knew Phia shopping app took credit for sales it didn’t drive
By Bloomberg, Olivia Solon, Priyanjana Bengani and Jeff KaoAugust 12, 2026
Norway oil fund CEO says he’s more nervous after record returns
Investing
Norway oil fund CEO says he’s more nervous after record returns
By Heidi Taksdal Skjeseth and BloombergAugust 12, 2026
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A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he's a billionaire who says the American Dream isn't deadplaceholder alt text
By Orianna Rosa RoyleAugust 18, 2026
Personal Finance
Current price of oil as of August 18, 2026placeholder alt text
By Joseph HostetlerAugust 18, 2026
Personal Finance
Current price of silver as of Tuesday, August 18, 2026placeholder alt text
By Joseph HostetlerAugust 18, 2026
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