Forbes Daily Briefing

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Oct 2026

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The Forbes Daily Briefing shares the best of Forbes reporting on wealth, business, entrepreneurship, leadership and more. Tune in every day, seven days a week, to hear a new story. The Daily Briefing is edited, produced and hosted by Kieran Meadows.

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21 recent

October 17, 20267 min

How Vivek Ramaswamy's Well-Timed Ohio Move Likely Saved Him $12 Million In Taxes

In case you haven’t heard, Vivek Ramaswamy wants Ohio to stop taxing capital gains. The Republican candidate for governor has made the proposal his opening salvo in a larger tax-cutting agenda: eliminate Ohio taxes on capital gains beginning next year, then phase out the state income tax altogether over the next decade. “If we do it,” he said last year, “founders will flock to Ohio in droves.” Ramaswamy would know: His own move from New York to the state of Ohio in late 2019 came just before one of the largest windfalls of his career, likely saving him millions of dollars in state and municipal taxes, according to CPAs, tax lawyers and tax professionals who reviewed publicly available information about the matter. Read the full story on Forbes: https://www.forbes.com/sites/johnhyatt/2026/10/02/how-vivek-ramaswamys-well-timed-ohio-move-likely-saved-him-12-million-in-taxes/ Learn more about your ad choices. Visit megaphone.fm/adchoices

October 16, 20267 min

How California’s Billionaire Exodus Is Changing Who’s Richest In Other States

California voters are set to determine the fate of California’s proposed billionaire wealth tax in November. But some of the state’s wealthiest people aren’t taking any chances and have already moved out of state, starting with its two wealthiest people, Google cofounders Larry Page and Sergey Brin. According to their representatives, Page (estimated fortune: $288 billion) and Brin ($265 billion) are now residents of Florida and Nevada, respectively. Though Forbes was unable to find updated voter registrations or declarations of domicile documenting their moves and their spokespeople declined to provide any proof, Brin and Page both recently bought houses out of state as they made their frustration with the tax known. Read the full story on Forbes: https://www.forbes.com/sites/mattdurot/2026/10/14/how-californias-billionaire-exodus-is-changing-whos-richest-in-other-states/ Learn more about your ad choices. Visit megaphone.fm/adchoices

October 15, 20267 min

Inside Corning’s Mission To Become Bubble-Proof

The AI boom runs on Nvidia chips, staggering amounts of electricity and water—and a lot of glass. Corning makes more of it than anyone else. More precisely, the 175-year-old glass company makes the hair-thin optical fiber that hauls data between servers, buildings and data centers. Demand has become so intense that Corning has recently signed multibillion-dollar agreements with Amazon, Nvidia, Meta and Verizon. This week, AT&T announced a $3 billion deal with Corning to upgrade its home internet service. And Apple has committed another $2.5 billion for Corning’s Gorilla Glass, the tough, hard-to-scratch stuff used in iPhones and Apple Watches. For one of the nation’s OG technology companies, founded in 1851 and responsible for everything from the glass in Thomas Edison’s light bulbs to the cookware known as Pyrex, AI infrastructure is a lively third act. Read the full story on Forbes: https://www.forbes.com/sites/alanohnsman/2026/10/01/inside-cornings-mission-to-become-bubble-proof/ Learn more about your ad choices. Visit megaphone.fm/adchoices

October 13, 20267 min

How These Startups Cornered The AI Agent Market

Ayear ago, as AI was supposedly coding software engineers out of a job, it still couldn’t reliably book dinner. And some of the biggest tech companies around were struggling to build an assistant that could use your apps without creating more work for you. When Apple delayed the Siri upgrade that would have allowed it to take action within apps, software chef, Craig Federighi, offered a blunt explanation: “This just doesn’t work reliably enough to be an Apple product.”  Amazon’s upgraded Alexa+ did manage a dinner reservation when a reporter from The Verge tested it in July 2025. The request was for Friday. The agent booked Thursday. Now, a new crop of assistants is finally getting those chores right—often enough that the appeal of handing off an errand isn’t tainted by the idea of taking on a second job babysitting AI. We’ve catalogued some of the most interesting in  Forbes’ inaugural Agentic 20 list. Read the full story on Forbes: https://www.forbes.com/sites/annatong/2026/10/08/ai-personal-assistants-are-finally-having-their-moment/ Learn more about your ad choices. Visit megaphone.fm/adchoices

October 12, 20262 min

Michael Dell’s Net Worth Soars After Stock Market Gains—Closing The Gap With Google’s Larry Page

Michael Dell’s net worth briefly leaped by more than $10 billion in the hours after markets opened on Tuesday, placing him just behind Google co-founder Larry Page as the fourth-wealthiest person in the world after the S&P 500 hit a fresh record amid a larger stock surge. Read the full story on Forbes: https://www.forbes.com/sites/zacharyfolk/2026/10/06/michael-dells-net-worth-soars-after-stock-market-gains-closing-the-gap-with-googles-larry-page/ Learn more about your ad choices. Visit megaphone.fm/adchoices

October 11, 20266 min

RxBar, David Bars Founder Is Now A Billionaire

Medici Brands, the parent company behind David protein bars and low-calorie, low-sugar candy brand HallPass, raised $250 million at a $2.25 billion valuation in early September. It was the biggest food industry deal so far this year. The transaction catapults its founder and CEO Peter Rahal, 40, who invested $20 million in the round (representing 8% of the fundraise), into the billionaire ranks. Medici’s biggest individual investor, with an estimated 70%, Rahal is now worth an estimated $1.9 billion. Rahal, who sold his first company RxBar to Kellogg for $600 million in 2017, declined to comment other than to joke that he was broke. But he has said in the past that he’s invested at least $50 million in about 100 different businesses, including ready-to-eat oats brand Mush and Olipop, which is now valued at $2 billion. He previously had a stake in the better-for-you popcorn company LesserEvil, which was acquired by The Hershey Company for $750 million last year. “He doesn’t have to go out for capital,” says one investor who didn’t want to be identified talking about Rahal. “It comes to him.” Read the full story on Forbes: https://www.forbes.com/sites/chloesorvino/2026/09/25/rxbar-david-bars-founder-is-now-a-billionaire/ Learn more about your ad choices. Visit megaphone.fm/adchoices

October 10, 20267 min

Inside The Wild, Lucrative World Of Vegas Matt

Stephen Mathew Morrow, better known by his nom de casino, Vegas Matt, looks like a caricature of a high-stakes gambler. A large, one-pound gold chain hangs around his neck with a matching bracelet on his right wrist, a Rolex SkyDweller on his left, and a Rolls-Royce Cullinan parked outside the El Cortez Hotel and Casino in Downtown Las Vegas. As he walks the casino floor on a Tuesday afternoon in September, fans flock around him every few feet, asking for a photo, telling him how much they love him and his video content. The 62-year-old Morrow posts stories every day to his 5 million followers, including 1.7 million on YouTube and 2 million on Instagram. Two middle-aged sisters are giddy when they spot him and one says: “I go to bed with you every night.” Vegas Matt responds with quick wit: “My superpower is putting women to sleep.” Inside the El Cortez’s high limit slot parlor, he says hello to vice president and general manager Adam Wiesberg, who acts like a shepherd for the flock of influencers who are filming every day at his casino. Vegas Matt pulls out his money clip with about $6,700 in one-hundred-dollar bills, peels one off and feeds it into an Ultimate X video poker machine at the bar, his favorite. “Gambling is dumb,” says Morrow, who was retired and living in Las Vegas before he became the gambling world’s top creator. “These casinos don’t build themselves. Mathematically, you have to know you’re losing.” Read the full story on Forbes: https://www.forbes.com/sites/willyakowicz/2026/09/20/loose-slots-giant-jackpots-inside-the-wild-lucrative-world-of-vegas-matt/ Learn more about your ad choices. Visit megaphone.fm/adchoices

October 9, 20262 min

AI Could Allow For 3-Day Workweeks And Single-Income Households, Bezos Claims

Amazon founder Jeff Bezos said he believes artificial intelligence could generate enough productivity gains to allow Americans to have a three-day workweek or rely on a single-income for the whole household—pushing back against fears that the technology could lead to large-scale job losses for American workers. In an interview with Fox News that aired Wednesday evening, Bezos told host Bret Baier he believes AI’s productivity gains could let some people decide, “I can support my family by working three days a week.” He claimed families in two-earner households could decide they don’t need a second income and let one worker drop out. Read the full story on Forbes: https://www.forbes.com/sites/siladityaray/2026/10/08/jeff-bezos-claims-ai-could-allow-for-3-day-workweeks-and-one-income-families/ Learn more about your ad choices. Visit megaphone.fm/adchoices

October 9, 20267 min

Figure’s Brett Adcock Sold Investors A Humanoid Future. Now He Has To Build It.

Brett Adcock has spent the past decade turning tomorrow into money. He made his first $30 million the old-fashioned way: building and then selling job website Vettery for $110 million in 2018. Everything since has come from putting a present-day price on a future-day product. In 2021, he took the air taxi outfit Archer Aviation public via SPAC, raising $858 million at a $1.7 billion valuation before its aircraft had flown a single commercial flight. He persuaded investors to value Figure at $39 billion while its humanoid robots were still working small-scale factory pilot projects and tightly controlled demonstrations. This May, he raised $700 million at a $6 billion valuation for Hark, an AI assistant company with nothing on the market at the time. The work is real. Vettery was a legitimate win. Archer built a full-scale electric vertical takeoff-and-landing aircraft. Figure’s humanoids have worked on a BMW production line and have helped build 30,000 X3 SUVs, by the automaker’s count. Adcock, barely 40, has a reputation for raising enormous sums, recruiting talented engineers and getting difficult machines to work. He’s currently CEO of three companies. And when it comes to humanoids, he is a flywheel of enthusiasm. Read the full story on Forbes: https://www.forbes.com/sites/annatong/2026/10/05/brett-adcock-sold-investors-a-humanoid-future-now-he-has-to-build-it/ Learn more about your ad choices. Visit megaphone.fm/adchoices

October 8, 20263 min

What To Know About The Russian Plague Scare

Federal agencies are working together to monitor travelers arriving from Siberia after a potential pneumonic plague case was identified in Russia, though health officials say they’re confident the threat to Americans is “extremely low” and President Donald Trump says Russia claims to have the situation “very much under control.” Learn more about your ad choices. Visit megaphone.fm/adchoices

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