John Hyatt
@johnhyatt.bsky.social
7.7K followers 150 following 67 posts
Staff Writer at Forbes covering billionaires and money in politics. Reading Elon Musk’s tweets so you don’t have to.
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johnhyatt.bsky.social
Scoop: Saudi firm Kingdom Holding Co. helped refinance debt for Elon Musk's social media company X two weeks before his Musk's visit to Riyadh with Trump.

More details on that deal, and Musk's extensive dealmaking with Gulf funds, in my new piece @forbes.com 👇

www.forbes.com/sites/johnhy...
Saudi Fund Helped Refinance X Debt On Eve Of Musk Visit
It’s no surprise Elon Musk is joining Trump on his Arabian jaunt. His businesses have been lapping up gulf money for years.
www.forbes.com
johnhyatt.bsky.social
New from me for @forbes.com: Sam Altman Despises Elon Musk. Now He Is Going After His Companies

The OpenAI CEO is challenging his former friend, one company at a time. Twitter, Tesla and even Neuralink are in his sights.

www.forbes.com/sites/johnhy...
Sam Altman Is Going After Elon Musk’s Empire, One Company At A Time
The OpenAI CEO is challenging his former friend. Twitter, Tesla and even Neuralink are in his sights
www.forbes.com
Reposted by John Hyatt
johnhyatt.bsky.social
👀

Trump pal Larry Ellison (second richest guy in the world) controls the $$ behind Skydance.
pheebini.bsky.social
New // As Paramount’s chairman, CEO and owner of 50% of its voting rights, David Ellison will oversee the entertainment empire. But it’s his father who controls the purse strings and owns the equity, per regulatory filings.

Read my latest for @forbes.com:

www.forbes.com/sites/phoebe...
How Larry Ellison And David Ellison Pulled Off The Paramount Deal
David Ellison, son of the software centi-billionaire, nurtured a relationship with Paramount over 15 years. His father’s fortune and political status sealed the deal.
www.forbes.com
Reposted by John Hyatt
giacomotognini.bsky.social
There's a lot of speculation on how Jeffrey Epstein got so wealthy. But @johnhyatt.bsky.social and I dug into court filings, financial records and investigations and what's clear is that it's largely down to two billionaire clients and tax breaks.

Read @forbes.com:
www.forbes.com/sites/giacom...
How Jeffrey Epstein Got So Rich
The convicted sex offender was worth nearly $600 million at his death, thanks mostly to two wealthy billionaire clients—plus generous tax breaks.
www.forbes.com
johnhyatt.bsky.social
For all the speculation surrounding Jeffrey Epstein and his ties to Trump and others, there's actually a lot we know about how Epstein got so rich: Two billionaire patrons and a tax gimmick.

@giacomotognini.bsky.social & I break down the numbers on @forbes.com 👇

www.forbes.com/sites/giacom...
How Jeffrey Epstein Got So Rich
The convicted sex offender was worth nearly $600 million at his death, thanks mostly to two wealthy billionaire clients—plus generous tax breaks.
www.forbes.com
Reposted by John Hyatt
giacomotognini.bsky.social
Before his death in 2019, the convicted sex offender and disgraced financier Jeffrey Epstein had a property empire stretching from Paris to New Mexico where he committed many of his alleged crimes. They've all since been sold. Read what happened @forbes.com:

www.forbes.com/sites/giacom...
The Selloff Of Jeffrey Epstein’s Tainted Homes
Before his second arrest and death in 2021, the convicted sex offender owned a property empire stretching from Paris to New Mexico. All of it has since been sold.
www.forbes.com
Reposted by John Hyatt
johnhyatt.bsky.social
On the same day Elon Musk's chatbot Grok was calling itself MechaHitler, it was telling anyone who'd listen that Epstein did not kill himself and was murdered by elites.

Here's why Grok went full conspiracy theory mode on Epstein and what it reveals about X's AI.
www.forbes.com/sites/johnhy...
The Biggest Epstein Conspiracy Theorist: Elon Musk’s Grok
“Epstein didn’t kill himself”: Here’s what the xAI chatbot’s handling of the Epstein mania shows about Elon Musk’s AI.
www.forbes.com
johnhyatt.bsky.social
On the same day Elon Musk's chatbot Grok was calling itself MechaHitler, it was telling anyone who'd listen that Epstein did not kill himself and was murdered by elites.

Here's why Grok went full conspiracy theory mode on Epstein and what it reveals about X's AI.
www.forbes.com/sites/johnhy...
The Biggest Epstein Conspiracy Theorist: Elon Musk’s Grok
“Epstein didn’t kill himself”: Here’s what the xAI chatbot’s handling of the Epstein mania shows about Elon Musk’s AI.
www.forbes.com
Reposted by John Hyatt
zacheverson.com
Trump's crypto holdings can be tough to track (I know, it's my job)—

💥 Tokens!

💥 Stablecoins!

💥 Memecoins!

💥 NFTs!

💥 Crypto reserves!

💥 Oh my!

Thanks so much to @hcrichardson.bsky.social for having me on this afternoon to break it down!
American Conversations: Cryptocurrency in Politics with Zach Everson
YouTube video by Heather Cox Richardson
www.youtube.com
Reposted by John Hyatt
zacheverson.com
🚨 Trump’s Bedminster golf club flagged for 18 health violations in latest inspection—earned lowest grade in county (32/100)

Among the violations:

🤢 Expired milk

🤢 Raw meat stored above cheese

🤢 A hand-washing station without soap

me, for @forbes.com
Trump Golf Club Received 18 Health Code Violations In May Inspection
The club received a score of 32 out of 100, with nine critical violations, including food contamination risks and hand-washing sinks lacking soap or paper towels.
www.forbes.com
johnhyatt.bsky.social
Elon Musk claims DOGE has saved American taxpayers $170 billion.

Incidentally, Musk is about $170 billion richer today than he was when he endorsed Trump last July.

Even as Tesla customers revolt, Musk & his companies are benefitting under Trump 2.0. Here's how:

www.forbes.com/sites/johnhy...
How Elon Musk’s Companies Have—And Have Not—Benefitted Under Trump
As Musk winds down at DOGE, he returns to a business empire flush with opportunities and fewer investigations—but new reputational challenges.
www.forbes.com
Reposted by John Hyatt
zacheverson.com
New: Trump's crypto venture announced its stablecoin would start trading on KuCoin today.

KuCoin is banned in the U.S. and was fined $300 million earlier this year after pleading guilty to flouting anti-money laundering laws.

me, for @forbes.com

1/
Trump Crypto Venture World Liberty Financial Partners With KuCoin, Exchange Banned In U.S., Fined $300 Million
Trump’s family controls World Liberty Financial, the crypto firm behind USD1—a new stablecoin now trading on KuCoin.
www.forbes.com
Reposted by John Hyatt
Reposted by John Hyatt
ebakerwhite.bsky.social
Saw this question from the other site earlier today and spluttered: No! No chatbot answer is ever 'authentic'! Chatbots are developed by corporations to advance those corporations' aims and the fact that we only occasionally notice they're doing that is The Problem!

www.forbes.com/sites/emilyb...
Reposted by John Hyatt
johnhyatt.bsky.social
Scoop: Saudi firm Kingdom Holding Co. helped refinance debt for Elon Musk's social media company X two weeks before his Musk's visit to Riyadh with Trump.

More details on that deal, and Musk's extensive dealmaking with Gulf funds, in my new piece @forbes.com 👇

www.forbes.com/sites/johnhy...
Saudi Fund Helped Refinance X Debt On Eve Of Musk Visit
It’s no surprise Elon Musk is joining Trump on his Arabian jaunt. His businesses have been lapping up gulf money for years.
www.forbes.com
Reposted by John Hyatt
johnhyatt.bsky.social
Scoop: Saudi firm Kingdom Holding Co. helped refinance debt for Elon Musk's social media company X two weeks before his Musk's visit to Riyadh with Trump.

More details on that deal, and Musk's extensive dealmaking with Gulf funds, in my new piece @forbes.com 👇

www.forbes.com/sites/johnhy...
Saudi Fund Helped Refinance X Debt On Eve Of Musk Visit
It’s no surprise Elon Musk is joining Trump on his Arabian jaunt. His businesses have been lapping up gulf money for years.
www.forbes.com
Reposted by John Hyatt