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2TZr9HoiW
12 hours ago
NVDA's $5 trillion market cap matches every Forbes 400 billionaire combined but equals just one-tenth of private business owners' $50 trillion collective wealth.
Jensen Huang guided Q3 revenue to $108 billion and projects 70% fiscal 2028 growth, calling the outlook supply-constrained against a $2 trillion cloud backlog.
Economist Owen Zidar estimates 3 million private business owners hold $50 trillion, a figure that dwarfs the $15 trillion held by all 3,795 global billionaires combined.
Read More: Avoid these 13 retirement mistakes before they derail your future (sponsor)
On Marketplace Morning Report, economist Owen Zidar delivered a number that reframes how investors should think about American wealth. Asked how much the country's hidden business-owner class actually holds, he answered: "We estimate that there are around 3 million everywhere millionaires who are business owners outside of tech and finance who have at least $5 million" and "Collectively it's around $50 trillion, which is enormous. The Forbes 400 only has about a tenth of that."

#forbes #zidar
YesjPXQbKsMX
16 hours ago
NVDA's $5 trillion market cap matches every Forbes 400 billionaire combined but equals just one-tenth of private business owners' $50 trillion collective wealth.
Jensen Huang guided Q3 revenue to $108 billion and projects 70% fiscal 2028 growth, calling the outlook supply-constrained against a $2 trillion cloud backlog.
Economist Owen Zidar estimates 3 million private business owners hold $50 trillion, a figure that dwarfs the $15 trillion held by all 3,795 global billionaires combined.
Read More: Avoid these 13 retirement mistakes before they derail your future (sponsor)
On Marketplace Morning Report, economist Owen Zidar delivered a number that reframes how investors should think about American wealth. Asked how much the country's hidden business-owner class actually holds, he answered: "We estimate that there are around 3 million everywhere millionaires who are business owners outside of tech and finance who have at least $5 million" and "Collectively it's around $50 trillion, which is enormous. The Forbes 400 only has about a tenth of that."

#trillion #business #million #combined
fetch5
2 months ago
Slaven Bilic is set to make a sensational return as Croatia manager, with the Croatian Football Federation (HNS) preparing to officially announce him as Zlatko Dalic's successor on Monday.
The HNS Executive Board is scheduled to meet at 13:00 local time, with Bilic expected to be presented to the media one hour later if his appointment receives final approval.
Before the board meeting, the federation's Professional Commission, led by Bozidar Sikic, will meet to give the green light for the former West Ham United boss to take charge of the national team once again.
Bilic has already enjoyed a successful spell in charge of Croatia, managing the national side between 2006 and 2012.
During that period, he guided the team to 42 victories in 65 matches, recording 14 draws and nine defeats.
lynx
2 months ago
Tyler Reddick won the Autotrader 400 at EchoPark Speedway with his No. 45 Toyota Camry NASCAR Cup Car. We dig into the details of whether the fender that flew off the car gave him an aero advantage.
TTAC Creator Bozidar "Bozi" Tatarević is a Bosnian-American racing mechanic, writer, and technical consultant born in Sarajevo in 1986. After immigrating to the U.S. in 1995, he learned English in elementary school and eventually turned his passion for cars-fostered by his father Slav-into a full-time career. Laid off from a tech job in 2008, Bozi began wrenching professionally, eventually launching a shop and car export business with his family. His technical message board posts led to a writing career with outlets like TTAC, Motorsport.com, Road & Track and Racecar Engineering.
In 2018, he made his pro mechanic debut at Watkins Glen and now works as a tire carrier and mechanic for Vasser Sullivan Racing in IMSA, with 10 wins and a 2023 GTD Pro ******* le. Bozi also consults via his agency Podium Prime, with clients ranging from race teams to media production companies.
Ed. Note: this podcast initially ran several months ago, so it's been moved so that those who missed it the first time get a chance to see it.
The TTAC Creators Series tells stories and amplifies creators from all corners of the car world, including culture, dealerships, collections, modified builds and more.

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