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John Hyatt

@johnhyatt.bsky.social
8K followers 176 following 96 posts

Staff Writer at Forbes Magazine covering finance, investments, and billionaires

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Reposted by John Hyatt
Eric Lipton NYT @ericlipton.nytimes.com · 11/09/2026
Other than getting married/having kids, Sept. 11 probably changed my life more than anything. Re-read this piece last night that we did. It still haunts me. Bravery and decency even if the face of utter terror. It is possible. (Free link. ) www.nytimes.com/2002/05/26/n...
nytimes.com
Fighting to Live as the Towers Died (Published 2002)
The last words of the men and women who were trapped on the high floors of the twin towers.
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John Hyatt @johnhyatt.bsky.social · 11/09/2026
How Commerce Secretary Howard Lutnick Went From 9/11 Hero To 'Most Hated Guy On Wall Street’ www.forbes.com/sites/sarado...
forbes.com
Howard Lutnick Has Doubled His Net Worth To Over $7B As Commerce Secretary
Lutnick is worth an estimated $7.3 billion.
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John Hyatt @johnhyatt.bsky.social · 31/08/2026
NEW: Inside the making of Wall Street's hottest tax-avoidance investment strategy, and the little-known accounting PhD who has ridden his success to the billionaire club. www.forbes.com/sites/johnhy...
forbes.com
How This Hedge Fund Billionaire Kickstarted Wall Street's Newest Tax Dodge
After helping AQR pioneer a novel tax-avoidance strategy, Hoon Kim left to found Quantinno. Its assets have exploded from $2 billion to $70 billion in just three years.
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John Hyatt @johnhyatt.bsky.social · 10/08/2026
Only in Utah: These two ex-Mormon ecommerce billionaires left their spouses after cofounding a company together, then married each other and are now worth over $2 billion. And now two of their kids (from their previous marriages) have themselves gotten married. www.forbes.com/sites/alicia...
forbes.com
How A Side Hustle Led To A Second Marriage And $2 Billion Fortune
Once two cofounders reselling fridge magnets online ten years ago, David Wright and Melanie Alder have become Utah’s newest billionaire couple.
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John Hyatt @johnhyatt.bsky.social · 06/06/2026
Nosebleed tickets for Game 3 Knicks-Spurs at the Garden available for a reasonable $11k a pop
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ForbesUnion @forbesunion.bsky.social · 03/06/2026
Today, our members distributed fliers outside the Forbes Iconoclast summit to let management know we deserve a fair contract. Four years into bargaining, Forbes is still proposing wages that do not keep up with inflation. Solidarity, Forbes Union
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John Hyatt @johnhyatt.bsky.social · 14/05/2026
This is... Wow.
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John Hyatt @johnhyatt.bsky.social · 13/05/2026
Trump: Americans’ Finances Are Not a Factor in Iran Negotiations www.wsj.com/video/trump-...
wsj.com
Trump: Americans’ Finances Are Not a Factor in Iran Negotiations
Asked by a reporter to what extent he was motivated by Americans’ financial situation to make a deal with Iran to end the war, President Trump replied: 'not even a little bit.'
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John Hyatt @johnhyatt.bsky.social · 10/05/2026
Any time a PR is yelling on social media about a story it’s probably because they’re getting yelled at themselves. That or they’re *true believers*, which is even sadder
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John Hyatt @johnhyatt.bsky.social · 10/05/2026
Now all we need is someone to go through and manually count every Jeff to make sure it’s word for word the same # as Infinite Jest
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John Hyatt @johnhyatt.bsky.social · 10/05/2026
If they take away my lexapro I’m going to (literally) lose it
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John Hyatt @johnhyatt.bsky.social · 04/05/2026
It's really sad that people are blowing their life savings on mobile gambling games designed to be addictive that don't even offer real payouts. This is important reporting. www.bloomberg.com/features/202...
bloomberg.com
The $11 Billion Casino-Style Economy Built on Players Who Can Never Cash Out
Apple and Google are raking in money from social casinos that replace real winnings with virtual coins and dopamine hits. Some players have spent more than $1 million to keep playing.
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John Hyatt @johnhyatt.bsky.social · 01/05/2026
My latest for Forbes charts the rise of MAGA megadonor Robert Low, owner of Kentucky Derby favorite Renegade, who built a $5 billion trucking fortune after stabbing his friend with a hunting knife and getting off on a temporary insanity plea (too many cough drops). 👇 www.forbes.com/sites/johnhy...
forbes.com
Meet The Wily Billionaire Trucking Boss Behind Kentucky Derby Favorite Renegade
The inside story of how Missouri farm boy Robert Low dropped out of college, survived a criminal assault trial thanks to temporary insanity, and went on to build one of the nation’s biggest trucking e...
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John Hyatt @johnhyatt.bsky.social · 01/05/2026
My latest for Forbes charts the rise of MAGA megadonor Robert Low, owner of Kentucky Derby favorite Renegade, who built a $5 billion trucking fortune after stabbing his friend with a hunting knife and getting off on a temporary insanity plea (too many cough drops). 👇 www.forbes.com/sites/johnhy...
forbes.com
Meet The Wily Billionaire Trucking Boss Behind Kentucky Derby Favorite Renegade
The inside story of how Missouri farm boy Robert Low dropped out of college, survived a criminal assault trial thanks to temporary insanity, and went on to build one of the nation’s biggest trucking e...
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John Hyatt @johnhyatt.bsky.social · 24/04/2026
🤯
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John Hyatt @johnhyatt.bsky.social · 13/04/2026
This is wild. One of the world’s richest men has saved ~$1 billion in taxes over decades—just by plowing his dividend income into real estate.
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John Hyatt @johnhyatt.bsky.social · 06/04/2026
Does AI threaten your 401k? Legendary advisor Bill Bengen thinks it might. He's cut his tech exposure to zero on the uncertainty. After years of dominance, software and mega-cap valuations are straining under AI. That poses a risk to savers everywhere. Read more @forbes.com 👇
forbes.com
Tech Stocks Powered Retirement Portfolios For Years. Now AI Is Crashing The Party
Most retirement funds have long reaped the benefits of tech dominated stock indexes driving compounded annual returns. Now the AI boom is upending software valuations, straining Big Tech’s spending mo...
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Giacomo Tognini @giacomotognini.bsky.social · 04/04/2026
While he was flying around the world as Trump's peace envoy, Steve Witkoff got $300 million richer over the past year--largely thanks to his crypto venture with the Trump family (World Liberty) and his tiny, but valuable, stake in SpaceX. Read at @forbes.com: www.forbes.com/sites/giacom...
forbes.com
Peace Envoy Steve Witkoff’s Fortune Gets Bump From Trump And Musk
The real estate mogul-turned-diplomat is 15% richer than he was a year ago thanks to his crypto venture with the Trump family and his stake in Musk’s SpaceX.
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Phoebe Liu @pheebini.bsky.social · 01/04/2026
The AI giant's abrupt Sora shutdown is just one example. As it announces one of the biggest funding rounds in history, #OpenAI has trumpeted hundreds of billions in other deals + products that haven’t yet become reality. With @rashis.bsky.social for @forbes.com: www.forbes.com/sites/phoebe...
forbes.com
The Graveyard Of OpenAI’s Dead Products And Incomplete Deals
As it announces one of the biggest funding rounds in history, OpenAI has trumpeted hundreds of billions in other deals and products—including Sora—that haven’t yet become reality.
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John Hyatt @johnhyatt.bsky.social · 28/03/2026
So much for the cage fight
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John Hyatt @johnhyatt.bsky.social · 20/03/2026
New for @forbes.com: The richest people in private equity including Trump pal Stephen Schwarzman and former Epstein client Leon Black have lost ~$40B amid private credit and AI fears battering their stocks. Full story here: www.forbes.com/sites/johnhy...
forbes.com
Why Wall Street’s 'Masters Of The Universe’ Are Losing Billions In Private Markets Pullback
After decades of compounding their personal fortunes, America’s richest dealmakers are finally seeing their net worths fall—albeit from extraordinary heights.
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Brandon Roberts @bxroberts.org · 05/03/2026
THREAD: We just released a tool that allows you to search billions of dollars in wealth, ties to the most powerful companies in the country, and details of the personal finances of President Trump and over 1,500 of his appointees. Here’s how it works 1/
Screenshot of ProPublica webpage titled “Explore Financial Disclosures From President Trump and 1,500 of His Appointees,” accompanied by this blurb: “Use this database to explore potential conflicts of interest for President Donald Trump and his team. The documents disclose positions officials have held outside government, their assets and their debts, among other things.” A search bar prompts the user to search for a person or financial holding.
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John Hyatt @johnhyatt.bsky.social · 04/03/2026
Private equity billionaire Marc Rowan (cofounder of Apollo with Epstein friend Leon Black) says that Epstein is "wasting my time from the grave." Shareholders sued Apollo, Black & Rowan on Monday for ‌allegedly defrauding by concealing Epstein interactions. www.bloomberg.com/news/article...
bloomberg.com
Apollo’s Rowan Says Epstein ‘Wasting My Time’ From the Grave
Apollo Global Management Inc. Chief Executive Officer Marc Rowan said he only dealt with Jeffrey Epstein in his capacity as tax adviser for the firm’s co-founder Leon Black, and reiterated that Apollo...
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John Hyatt @johnhyatt.bsky.social · 27/02/2026
NEW: How rich was Mexican druglord 'El Mencho'? What happens to his multi-billion-dollar criminal enterprise now that he's dead? And where will his personal fortune go? My latest for @forbes.com seeks to answer these questions👇 www.forbes.com/sites/johnhy...
forbes.com
How Rich Was Mexican Cartel Leader El Mencho?
Through drug trafficking, extortion and human smuggling, El Mencho built a $50 billion criminal enterprise. Here’s what is likely to happen to his fortune.
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Zach Everson @zacheverson.com · 20/02/2026
“How Jared Kushner’s Bold Bets In The Middle East Made Him A Billionaire” @mhunterhart.bsky.social , @giacomotognini.bsky.social for Forbes in Sept.
forbes.com
Jared Kushner Is Now A Billionaire
Thanks to some good investments, new funding from his Middle Eastern backers and higher home values in south Florida, Ivanka Trump’s husband has joined his brother and his father-in-law in the three-c...
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John Hyatt @johnhyatt.bsky.social · 13/02/2026
The Dubai tycoon who told Epstein he “loved the torture video" has resigned from his company. www.forbes.com/sites/mikest...
forbes.com
Sultan Ahmed Bin Sulayem—”Close Personal Friend” Of Epstein— Resigns As CEO Of DP World
Billionaire Sultan Ahmed bin Sulayem resigns as DP World CEO after being named in Epstein files.
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Noah Shachtman @noahshachtman.bsky.social · 12/02/2026
This is really, really dark. www.wsj.com/world/middle...
wsj.com
Israeli Soldiers Accused of Using Polymarket to Bet on Strikes
The country’s internal security agency indicted a reservist and a civilian for security offenses, bribery and obstruction of justice in connection with the bets.
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John Hyatt @johnhyatt.bsky.social · 07/02/2026
NEW: Epstein emails show how billionaire financier Leon Black, founder of Apollo, relied on the convicted sex offender to help him leverage his multi-billion-dollar art for $500m+ in loans from Bank of America. www.forbes.com/sites/johnhy...
forbes.com
How Picasso, Van Gogh And Cézanne Helped Finance Epstein Client Leon Black’s Billionaire Lifestyle
The Epstein files detail private equity tycoon Leon Black’s massive, multi-billion-dollar art collection—and how he leveraged it to grow his wealth.
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Don Moynihan @donmoyn.bsky.social · 07/02/2026
"Black paid Epstein $158 million between 2012 and 2017 for advice related to tax, estate, and asset planning. That is a vast amount of money to pay for such services, especially for a Wall Street insider with easy access to top expertise."
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John Hyatt @johnhyatt.bsky.social · 07/02/2026
NEW: Epstein emails show how billionaire financier Leon Black, founder of Apollo, relied on the convicted sex offender to help him leverage his multi-billion-dollar art for $500m+ in loans from Bank of America. www.forbes.com/sites/johnhy...
forbes.com
How Picasso, Van Gogh And Cézanne Helped Finance Epstein Client Leon Black’s Billionaire Lifestyle
The Epstein files detail private equity tycoon Leon Black’s massive, multi-billion-dollar art collection—and how he leveraged it to grow his wealth.
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Giacomo Tognini @giacomotognini.bsky.social · 05/02/2026
1/ @mhunterhart.bsky.social and I found several contracts and payment records that uncovered two new billionaire clients of Jeffrey Epstein: real estate mogul Mortimer Zuckerman and Ariane de Rothschild, a Rothschild heir by marriage. www.forbes.com/sites/giacom...
forbes.com
New Details On How Jeffrey Epstein Got So Rich
The latest Epstein files name two more billionaire clients: real estate mogul Mortimer Zuckerman and Rothschild heir by marriage Ariane de Rothschild.
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Jon Seidel @jonseidel.bsky.social · 03/02/2026
Marimar Martinez, shot 5 times by Border Patrol in Chicago, speaks out after Renee Good, Alex Pretti deaths 'I am their voice' NEW w/ @adrianacardmag.bsky.social: chicago.suntimes.com/immigration/...
chicago.suntimes.com
Marimar Martinez, shot by Border Patrol in Chicago, speaks out after Good, Pretti deaths: 'I am their voice'
In a wide-ranging interview with the Chicago Sun-Times and WBEZ, Martinez discusses her shooting, the federal government’s failed attempt to prosecute her and the role she now sees for herself in a fi...
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Zach Everson @zacheverson.com · 02/02/2026
New: “Why The Trump-UAE Crypto Deal Made No Financial Sense—For The Emiratis” 💰🤷🇦🇪 @kylekhanmullins.bsky.social (whom you should follow) and me for @forbes.com
forbes.com
Why The UAE’s Investment In World Liberty Financial Was A Sweetheart Deal For Trump
What did the UAE get out of it?
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John Hyatt @johnhyatt.bsky.social · 30/01/2026
What happens when an ambitious AI startup creates a fake company to help it take on a PE-backed software giant? You guessed it: Litigation. Here's how a Silicon Valley success story has devolved into a cautionary tale. Read about it @forbes.com 👇 www.forbes.com/sites/johnhy...
forbes.com
This Insurance Software Goliath Is Crushing An AI David
How the AI race drove one software startup to create a fake insurance agency—and landed it in court.
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makena kelly @makenakelly.bsky.social · 28/01/2026
SCOOP w/ @carolinehaskins.bsky.social: ICE Is Using Palantir’s AI Tools to Sort Through Tips www.wired.com/story/ice-is...
wired.com
ICE Is Using Palantir’s AI Tools to Sort Through Tips
ICE has been using an AI-powered Palantir system to summarize tips sent to its tipline since last spring, according to a newly released Homeland Security document.
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Hamed Aleaziz @haleaziz.bsky.social · 27/01/2026
We profiled refugees who: Arrived in the country legally. Applied for green cards. Were arrested by ICE and detained. One refugee who was arrested found out they got their green card after being released. This is an unprecedented operation. www.nytimes.com/2026/01/26/u...
nytimes.com
They ‘Had Done Everything Right.’ ICE Detained Them Anyway.
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Christopher Hale @christopherjhale.bsky.social · 26/01/2026
NEW: One of Pope Leo XIV’s top U.S. allies, Cardinal Joseph Tobin, is calling for the defunding of ICE. Tobin says the “lawless organization” is a “machinery of death.” This marks the first time a senior Church leader has called for ICE to be defunded. More are expected in the coming days.
thelettersfromleo.com
Pope Leo’s Top U.S. Ally Says ‘No’ to Funding ICE
Cardinal Joseph Tobin calls ICE a “lawless organization” perpetuating a “machinery of death” and urges Congress to defund Trump’s deportation force.
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Leah McElrath @leahmcelrath.bsky.social · 24/01/2026
Alex Jeffrey Pretti was the victim’s name. He was a nurse. ICE executed a nurse. www.startribune.com/ice-raids-mi...
Jeff Day
JANUARY 24, 2026 AT 12:34 PM
Sources identify man shot as Alex Jeffrey Pretti of south Minneapolis
The man fatally shot by federal officers in Minneapolis this morning has been identified as Alex Jeffrey Pretti, according to sources familiar with the investigation.Pretti, 37, has an address listed in south Minneapolis.
At a news conference, Minneapolis Police Chief Brian O'Hara said the man who was shot was a 37-year-old white man with no serious criminal history and a record that showed some parking tickets. Law enforcement sources said Saturday their records show Pretti had no serious criminal history.
O'Hara said the man was a "lawful gun owner" with a permit. Records show that Pretti attended the University of Minnesota. State records show Pretti was issued a nursing license in 2021, and it remains active through March 2026.
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Adam Serwer @adamserwer.bsky.social · 24/01/2026
I am trying not to post on these events in this state of mind but: I hope people understand what the observers are doing is brave and dangerous.
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Bellingcat @bellingcat.com · 24/01/2026
Federal law enforcement agents shot and killed a man in Minneapolis on Jan. 24 according to local police officials. DHS told Fox News that the man was “armed with a gun”. A video of the shooting appears to show that a gun was taken from the man before the first shot was fired. x.com/BillMelugin_...
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Mr. Dan Zak @mrdanzak.com · 15/01/2026
Stunning photos from Minneapolis, including this one by John Locher for the Associated Press. www.theatlantic.com/photography/...
A family member reacts after a federal immigration officer used a battering ram to break down a door before making an arrest on January 11, 2026, in Minneapolis.
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John Hyatt @johnhyatt.bsky.social · 15/01/2026
Ah, yes, because what America needs at this moment more than anything is Karoline Leavitt’s “takes on vaccines”
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John Hyatt @johnhyatt.bsky.social · 13/01/2026
"The one constant in Marco Rubio’s career is that he has betrayed every mentor and every principle he’s ever had in order to claim power for himself." www.newyorker.com/magazine/202...
newyorker.com
How Marco Rubio Went from “Little Marco” to Trump’s Foreign-Policy Enabler
As Secretary of State, the President’s onetime foe now offers him lavish displays of public praise—and will execute his agenda in Venezuela and around the globe.
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Zach Everson @zacheverson.com · 12/01/2026
🚨 In Nov., Trump's Labor Dept. lowered the minimum wage for foreign farmworkers. A month later, Trump's winery filed to hire 36 foreign, temporary workers. The rate? Almost $2/hour less than in 2025. 1/ me, for @forbes.com
forbes.com
Trump Vineyard Seeks To Hire Foreign Workers At Lower Wages
Records show the Trump Organization has requested over 2,000 foreign workers since 2008. Its latest request seeks a $13.90 hourly wage—the lowest the winery has offered since 2021.
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Zach Everson @zacheverson.com · 12/01/2026
Incredible that he did this. Terrifying that he felt the need to.
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Federal Reserve @federalreserve.gov · 12/01/2026
Video message from Federal Reserve Chair Jerome H. Powell: www.youtube.com/watch?v=KckG... www.federalreserve.gov/newsevents/s...
youtube.com
Statement by Federal Reserve Chair Jerome H. Powell
YouTube video by Federal Reserve
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Christopher Mims @mims.bsky.social · 10/01/2026
WSJ investigation: In the past 6 months ICE agents have fired at vehicles 13 times, leading to: * 8 people shot * 5 of which were U.S. citizens * 2 died * no victims drew a weapon The playbook: Agents box in a vehicle, block attempts to flee, then fire www.wsj.com/us-news/vide...
wsj.com
Videos Show How ICE Vehicle Stops Can Escalate to Shootings
A WSJ visual investigation found that the Minneapolis ICE killing is one of 13 incidents where federal immigration agents have used deadly force against civilians in vehicles since July.
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Catherine Rampell @crampell.bsky.social · 10/01/2026
Left: Trump demands a cap on credit card interest rates. Right: News story, from today, about Trump's ongoing efforts to shut down the CFPB, which would enforce such a rule. Court has ordered admin to keep it open.
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Lewis Gordon @lewisgordon.bsky.social · 09/01/2026
"Restricted" is the wrong word, clearly. What Musk has actually done is make the undressing of any woman or child on the platform an EXCLUSIVE feature for paying subscribe. He's made it a subscriber perk. This is some of the most fucked-up shit ever.
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