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Yesterday β€” 21 December 2024Main stream

The Walton family empire: Inside the lives of the billionaire Walmart heirs

the walton family walmart
The Walton siblings.

AP/April L. Brown

  • The Walmart heirs' combined estimated net worth is nearly $380 billion.
  • All three of Sam Walton's surviving children have now made it into the $100 billion club.
  • In public, the Waltons live relatively modest lifestyles despite their wealth.

All three of Walmart founder Sam Walton's surviving children have made it into the $100 billion club as the retail giant's share price continues to soar.

The combined wealth of the Walmart heirs β€” which include founder Sam Walton's children, Rob, Jim, and Alice, as well as his grandson Lukas β€” is nearly $380 billion, according to the Bloomberg Billionaires Index.

Together, they're significantly ahead of the top individual names on the list, such as Jeff Bezos, Bernard Arnault, or Mark Zuckerberg, though Elon Musk has recently seen his fortune outstrip their collective net worth.

While some have worked in the family business β€” whether that's serving on the company board or working to manage the family's wealth β€” others chose to pursue areas of personal passion.

Sam Walton, the original man behind the company that now encompasses both Walmart and Sam's Club, set his family up for financial success when he divided the ownership before he died.

Most recently, the Walton children have expanded voting control to their own, giving eight of Sam's grandchildren a say in the family holdings.

Sam wasn't a man of flashy luxury, but you can see how his children are living a slightly more lavish life now. Here's a look at how the Walton family empire spends its money:Β 

Sam Walton opened the first Walmart store in Rogers, Arkansas, in 1962.
sam walton
The original Wal-Mart name tag used to look like this one, worn here by Sam Walton.

Associated Press

As he grew his retail empire, Walton, an experienced pilot, would often fly in unannounced to check in on a particular store location.

He married Helen Robson on Valentine's Day in 1942.
Helen Robson
Sam and Helen had a Valentine's Day wedding.

April L. Brown/Associated Press

Together, they had four children: Rob, John, Jim, and Alice.

By the time Sam died in 1992, he had set up the company ownership in a way that minimized the estate taxes anyone on the receiving end would have to pay.
Walton family
Sam Walton died at the age of 74 of cancer.

Rick Wilking/Reuters

Source: Fortune

He set up his ownership of Walmart's stock in a family partnership β€” each of his children held 20% of Walton Enterprises, while he and Helen each held 10%. Helen inherited Sam's 10% tax-free when he died.
sam walton
The stocks were carefully divided among the family.

Courtesy of Walmart

Source: Fortune

Samuel Robson "Rob" Walton is the oldest Walton child. He is 80 years old.
Rob Walton
Rob served as chairman of Walmart for many years.

Reuters

He served as chairman of Walmart from 1992 until 2015 and remained on the board until this year.
Rob Walton Walmart
He'll retire from the board in 2024.

Rick T. Wilking / Stringer / Getty Images

He retired from Walmart's board at the end of his term in 2024.

Rob made a splash in 2022 by leading an ownership group to buy the Denver Broncos.
Denver Broncos
The group was led by Rob Walton, his daughter Carrie Walton Penner, and her partner Greg Penner.

Joe Mahoney/AP

The group purchased the NFL team for a $4.65 billion in summer 2022 in a record-breaking sale at the time.

Rob has purchased a house in Paradise Valley, Arizona, near the base of Camelback Mountain.
Paradise Valley Arizona
Walton owns a house in Paradise Valley, Arizona.

Tim Roberts Photography/Shutterstock

In the past, protesters have rallied outside of his Arizona home to advocate for better wages and benefits for Walmart workers.
Walmart protest florida
Protesters at a Walmart in Boynton Beach, Florida, called for better wages and benefits.

J Pat Carter/Associated Press

Besides real estate, Rob has a large collection of vintage cars.
vintage cars
Walton's personal vintage car collection is not pictured.

Ben Pruchnie/Getty Images

In 2013, he ran his Daytona Coupe, which was worth $15 million at the time, off the tracks and wrecked it. The car was one of only five ever made.
Daytona Coupe
Walton's Daytona Coupe was totaled in a crash.

AP Photo/Tom Mihalek

Sam Walton's second-oldest child, John Walton, died in a plane crash in 2005.
John Walton
John (right) with his mother (center) and older brother, Rob (left).

April L. Brown/Associated Press

He was 58 years old.

He was married to Christy Walton and had one son, Lukas.
Lukas Walton
Lukas Walton, pictured here, is the grandson of Walmart founder Sam Walton.

Walton Family Foundation/YouTube

John left about 17% of his wealth to his wife, and he gave the rest to charity and to his son.
Christy Walton
John Walton left half of his fortune to charitable trusts and a third to his son.

AP

John served in Vietnam as a Green Beret. When he returned from the war he held a series of jobs β€” like the Walmart company pilot, a crop duster, and the owner a few yachting companies β€” before becoming a Walmart board member.
John T Walton
John (second from left) pictured with members of his family.

AP Photo/Spencer Tirey

Source: Fortune

In 2013, Christy decided to sell their Jackson Hole mansion. She also sold the family's ranch for an undisclosed price in 2016 after listing it for $100 million in 2011.
Christy Walton Wal-Mart wyoming mansion
The family had a mansion in Jackson Hole, Wyoming.

Jackson Hole Real Estate

The 8,606-square-foot home was put on the market for $12.5 million.
Walton Jackson Hole Mansion
An aerial view of John and Christy Walton's mansion.

Google Maps

Source: Curbed

James "Jim" Walton is the youngest son of Walmart founder Sam Walton. He is 76 years old.
Jim Walton
Jim Walton is now 76.

Walmart

He is chairman of the board of the family's Arvest Bank Group. One of the state's largest banks today, Arvest Bank has assets totaling more than $26 billion.
Arvest
One of many Arvest Bank locations in Bentonville, Arkansas.

Google Maps

Source: Bloomberg

He also served on the Walmart board, starting in 2005 to fill the vacancy after his brother John died. Jim Walton's son, Steuart, took over his father's seat on the board in 2016.
Jim Walton
Jim served on the board for more than a decade.

Rick T. Wilking/Stringer/Getty Images

Now, he presides over Walton Enterprises β€” the private company that deals with the investments and finances of the Walton family only β€” from modest offices in Bentonville, Arkansas.
walton enterprises inc
Jim now manages the family's finances.

Google Maps

Source: Fortune

The youngest of founder Sam Walton's children, Alice Walton is worth $112 billion, according to Bloomberg. She has been divorced twice and has no children. She is 75 years old.
Alice Walton
Alice Walton is the youngest of Walmart founder Sam Walton's children.

AP/April L. Brown

Alice has never taken an active role in running the family business.
Alice Walton (Jim out of focus)
Alice Walton with Jim Walton in 2013.

REUTERS/Rick Wilking

Instead, she became a patron of the arts, which she fell in love with at a young age.
Alice Walton
Alice has spent millions building her art collection.

D Dipasupil/Getty Images

When she was 10, she bought her first work of art: a reproduction of Picasso's "Blue Nude" for about $2, she told The New Yorker.
Picasso Blue Room
Picasso's "The Blue Room."

Evan Vucci/Associated Press

Source:Β The New Yorker

She has an immense private art collection, with original works from Andy Warhol and Georgia O'Keeffe. Alice opened a museum in Bentonville called Crystal Bridges in 2011 to house her $500 million private art collection.
crystal bridges calder
The museum displays both paintings and sculptures, like this one by Alexander Calder (center).

Danny Johnston/Associated Press

The collection includes a Georgia O'Keeffe painting that Alice spent $44.4 million on in 2014 β€” the biggest sale for a woman's piece of art in history.
Georgia O'Keeffe
Georgia O’Keeffe, "Jimson Weed/White Flower No. 1" (1932), Sotheby's.

Courtesy of Sotheby's

Source: The Observer

Alice also breeds horses.
FILE - In this Sept. 4, 2013, file photo, mustangs recently captured on federal rangeland roam a corral at the U.S. Bureau of Land Management's holding facility north of Reno, in Palomino, Nev. Two House committee chairmen are trying to put the brakes on money for a new Trump administration proposal to accelerate the capture of 130,000 wild horses across the West over the next 10 years. (AP Photo/Scott Sonner, File)
Besides art, she loves spending time with horses.

Associated Press

Her Millsap, Texas, property, Rocking W Ranch, sold to the Three Amigos Investment Group of Kermit, Texas, in September 2017 for an undisclosed amount.
Rocking W Ranch
Alice Walton's ranch was called Rocking W Ranch.

Courtesy of WilliamsTrew

It had an initial asking price of $19.75 million, which was reduced to $16.5 million. The working ranch had over 250 acres of pasture and outbuildings for cattle and horses.
Rocking W Ranch
It was also next to a large lake.

Courtesy of WilliamsTrew

Source:Β WilliamsTrew

Her other, 4,416-acre Texas ranch was previously listed at a reduced price of $22 million.
Fortune bend ranch
A huge fire pit was built in the backyard.

Courtesy of WilliamsTrew

The modest, three-bedroom, two-bathroom home overlooks the Brazos River.

Alice also bought a two-floor condo on New York's Park Ave. for $25 million in 2014.
park avenue new york
Park Avenue pictured above at night.

Getty Images/Arata Photography

It has more than 52 large windows overlooking Central Park plus a media room, a winding staircase, and more than 6,000 total square feet of space.
shutterstock_571830520
View of Central Park from the southeast.

evenfh/Shutterstock

In January 2016, Alice donated 3.7 million of her Walmart shares β€” worth about $225 million at the time β€” to the family's nonprofit, the Walton Family Foundation.
Walton Family Foundation
The Walton Family Foundation website.

Facebook/Walton Family Foundation

Sam and Helen started the foundation as a way to teach their children how to give back and how to work together.
Sam and Helen Walton
The Walton Family Foundation was established in 1987, when Walmart celebrated its 25th anniversary.

Walton Family Foundation/YouTube

The charity awards millions of dollars in grants to causes that align with the foundation's values.
Screen Shot 2018 12 05 at 5.29.18 PM
The foundation awarded $566.5 million in grants in 2022, according to its website.

Walton Family Foundation/YouTube

The foundation has three main areas of focus:
Screen Shot 2018 12 05 at 5.30.57 PM
A project put on by the Walton Family Foundation.

Walton Family Foundation/YouTube

The foundation's focus on education was led by John. His brother Jim said John was really interested in being able to give parents choices when it came to their child's schooling.
John Walton
The foundation was dedicated to supporting children's education.

Walton Family Foundation/YouTube

Rob spearheaded the foundation's venture into environmental protection. One of the first grants they gave helped develop a sustainable fisheries label.
Walton Family Foundation
Rob launched the environmental and sustainability branch of the foundation.

Walton Family Foundation/YouTube

A commitment to the family's home of Arkansas is another large part of the foundation. The website says this area of focus is about "advancing our home region of Northwest Arkansas and the Arkansas-Mississippi Delta."
Home Range arkansas
The Bentonville town square.

Walton Family Foundation/YouTube

Walmart Inc., which owns Walmart and Sam's Club, is the largest retailer in the US in terms of revenue.
walmart 1
In fiscal year 2023, Walmart reported $648.1 billion in revenue.

Business Insider/Jessica Tyler

Even though the Walton family is raking in billions as a result of the company's success, they remain relatively under-the-radar in terms of flashing their wealth β€” much like their patriarch, Sam, did in the early years.
the walton family walmart
The Walton siblings.

AP/April L. Brown

In December, Walmart disclosed that Sam's children had granted voting rights to eight of their own children, bringing the total number of voices in the family fortune from three to eight, and keeping with Sam's vision for his legacy.
Sam Walton flying in the late 1980s or early 1990s.

Walmart Museum

Source: SEC filings

Read the original article on Business Insider

I stayed in an adults-only hotel for the first time. 6 surprises made it my favorite accommodation.

21 December 2024 at 03:26
the author in a white robe on a balcony in front of mountains
The reporter stayed at an adults-only resort for the first time in Jackson, Wyoming.

Joey Hadden/Business Insider

  • I spent one night at Hotel Yellowstone, a luxury, adults-only resort in Jackson Hole, Wyoming.
  • It was my first time staying in an adults-only hotel, and I was surprised by the relaxing amenities.
  • The quiet, calm environment led me to some epic natural sightings of a moose and the auroras.

I love kids, but it's tough for me to relax in a hotel full of them. Peaceful moments by the pool are often interrupted by splashing water. Occasional youthful screams in communal spaces startle me. And sunsets on the balcony may be accompanied by crying children and scolding parents in the room next door.

That's why I decided to check out an adults-only hotel called Hotel Yellowstone for the first time during a September trip to Jackson Hole, Wyoming. The resort, with views of Snake River Valley and Grand Teton National Park, opened in August for adults at least 21 years old, though anyone aged 18 to 20 may stay when checking in with an older guest.

I booked a Grand Teton Suite with a starting rate of $1,600 a night. (Business Insider received a media rate for the one-night stay.)

I expected a relaxing evening but didn't realize how much a kid-free environment would elevate my experience.

When I stepped onto the property, I was immediately taken by the peace and quiet.
Wood units with black roofs on the right of a hillside with mountains on the left
Guest accommodations at Hotel Yellowstone.

Joey Hadden/Business Insider

Just 15 minutes from the traffic-filled streets of Downtown Jackson, I didn't even hear the hum of a highway as I stepped out of my cab to check in at Hotel Yellowstone.

On a hill above a valley surrounded by mountains, 10 modern buildings with a cabin aesthetic sat between stone paths. A pond in the middle of the property made it feel serene.

There were no voices or pitter-patters of running feet. I only heard chirping birds and wind rustling the leaves of tall trees.

I didn't expect the pool to be designed purely for relaxation.
A pool under an awning with grass on the left and. a spa on the right
Hotel Yellowstone's Negative Edge Pool.

Joey Hadden/Business Insider

Most hotels I've stayed in have had at least one large pool where clusters of people lounge by the steps while others swim laps or play games. I typically find them chaotic, noisy, and tough to avoid a splash when passing through.

That wasn't the case at Hotel Yellowstone. This resort's pool, called the Negative Edge Pool, was just 4 feet deep and had jets and heating. It was indoors and overlooked a mountain scene with a retractable glass window. Though shallow, the pool was quite long. I thought it was spacious enough for multiple groups to enjoy simultaneously.

Next to the pool, there was a wood sauna. Both were open 24 hours a day, which surprised me since most hotels I've stayed in have had a pool curfew. I imagine this is partly because no children are on the property.

In my room, I was amazed to see the Tetons from every angle β€” even while taking a bath.
A composite image of a hotel room with white walls and a bed in front of two seating areas with a view of mountains from a balcony at the back of the room and the same room is shown from the balcony.
Inside the reporter's Grand Teton Suite.

Joey Hadden/Business Insider

It was instantly clear to me that my room was designed to showcase the views as much as possible when I stepped inside.

The door opened into a short hallway with a bathroom on the left, behind a spacious bedroom and living space. Light poured in from a large window on the left wall and floor-to-ceiling windowed doors to the balcony spanning the back of the room.

Even the bathroom had a sliding door in front of the oversized tub, so I could gaze at the peaks of the Tetons and the valleys below while taking a bath.

"The room layout, windows, wall-to-wall sliding doors, and the beautifully crafted boiserie bathroom door enable guests to fully immerse themselves in the stunning views from every angle of the suite," a hotel representative told BI.

I didn't know the restaurant was so exclusive.
Inside a restaurant with a wooden ceiling and wide windows showing the mountains in the background.
Inside Olivia's, the restaurant at Hotel Yellowstone.

Joey Hadden/Business Insider

In my experience, hotel restaurants are typically open to the public, so I was surprised to learn that only guests could sit at Olivia's, a fine-dining establishment at Hotel Yellowstone with an eclectic menu and locally sourced ingredients.

When it was time for dinner, I headed to the lobby and walked down a staircase to the restaurant on the first floor. I was mesmerized by the indoor-outdoor feel provided by the vast windows. Below the wood-beamed cathedral ceilings, the wide view of the mountains looked like a painting.

No one else was dining at Olivia's when I stepped inside, so I could sit wherever I wanted. I selected a spot right by the back window and feasted on bao buns in silence.

I returned to Olivia's for some fruit and steel-cut oats in the morning. This time, one other guest, a solo backpacker, sat two tables away from me. It was a far cry from the clattering plates and blending conversations of a typical hotel breakfast, in my experience.

One of the biggest surprises of my stay was catching a glimpse of the northern lights.
A cabin at night in front of mountains with stars and purple and green aurora lights in the sky
A glimpse of the auroras at Hotel Yellowstone.

Joey Hadden/Business Insider

After dinner, I took a peaceful walk back to my room, coated myself in a thick robe, and headed to the balcony. I expected to hear whispers of other guests enjoying the outdoor view, but it was just as silent and peaceful as when I first stepped onto the property.

Sitting in a lounge chair, I noticed a faint flutter of color in the sky and immediately jumped up and leaned on the railing. Purple and green hues danced so subtly that I had to confirm what I thought I was seeing with a long exposure on my camera. And it appears that I was right β€” I had spotted the northern lights in Wyoming of all places.

Seeing the auroras has been on my bucket list since I knew the phenomenon existed. And no matter where you are in the world, a trip to see the northern lights is never guaranteed. So, I certainly never thought I'd stumble upon them in the US.

I could hardly see them with my eyes alone, and I thought that if the environment hadn't been so free of distractions, I might have missed them.

The other grand surprise of my stay was the last β€” a moose sighting at breakfast.
A composite image of moose walking on a hillside with a valley and mountains in the background and a similar frame of the same moose
A moose walks across the adults-only resort.

Joey Hadden/Business Insider

I'd never seen a moose before having breakfast at Olivia's.

There I was, dining at a table against the back window, when a moose casually walked along the property just outside the restaurant.

I was stunned, but my server was not β€” they said the moose hangs out regularly and is often seen swimming in the pond and drying off in the flower beds.

After staying there myself, I could see why. The kid-free environment was calm and quiet. I imagine the serene nature of the resort could make wildlife more comfortable in the human setting.

I thought the adults-only element was key to having these surreal moments with nature without sacrificing comfort and luxury.

Read the original article on Business Insider

Before yesterdayMain stream

Meet Shou Zi Chew, the 41-year-old CEO leading TikTok as it fights a potential US ban

17 December 2024 at 10:04
shou zi chew tiktok ceo
Shou Zi Chew is the face of TikTok's effort to stay up and running in the US.

Kin Cheung/AP

  • TikTok CEO Shou Zi Chew is the public face of the company, rallying its fans and testifying before Congress.
  • He's 41 years old, went to Harvard Business School, and interned at Facebook when it was a startup.
  • He met with president-elect Donald Trump recently as he continues his fight to avoid a TikTok ban in the US.

TikTok is under a lot of pressure right now.

As US lawmakers worry the video-sharing platform, which is owned by Chinese company ByteDance, poses a danger to national security, TikTok is scrambling to fight a law requiring it be sold to a US owner by January 19 or else risk being banned in the country.

So who's leading the company through this turbulent period?

That would be Shou Zi Chew, TikTok's 41-year-old CEO from Singapore, who got his start as an intern at Facebook.

Here's a rundown on TikTok's head honcho:

Chew worked for Facebook when it was still a startup.
facebook mark zuckerberg
Facebook's Mark Zuckerberg in 2010, before he took his company public.

Marcio Jose Sanchez/AP

He earned his bachelor's degree in economics at the University College London before heading to Harvard Business School for his MBA in 2010.Β 

While a student there, Chew worked for a startup that "was called Facebook," he said in a post on Harvard's Alumni website. Facebook went public in mid-2012.

Β 

Chew met his now-wife, Vivian Kao, via email when they were both students at Harvard.
Shou Zi Chew and Vivian Kao attend The 2022 Met Gala
Shou Zi Chew and Vivian Kao attend The 2022 Met Gala.

Theo Wargo/WireImage

They are "a couple who often finish each other's sentences," according to the school's alumni page, and have three kids.

Chew was CFO of Xiaomi before joining Bytedance.
Shou Zi Chew and Xiaomi CEO give thumbs up at the listing of Xiaomi at the Hong Kong Exchanges on July 9, 2018
Shou Zi Chew and Xiaomi's CEO give thumbs up at the listing of Xiaomi at the Hong Kong Exchanges on July 9, 2018

REUTERS/Bobby Yip

He became chief financial officer of the Chinese smartphone giant, which competes with Apple, in 2015. Chew helped secure crucial financing and led the company through its 2018 public listing, which would become one of the nation's largest tech IPOs in history.Β 

He became Xiaomi's international business president in 2019, too.
TikTok CEO Shou Zi Chew in Washington, DC on Tuesday February 14, 2023.
TikTok CEO Shou Zi Chew in Washington, DC on Tuesday, February 14, 2023.

Matt McClain/The Washington Post/Getty Images.

Before joining Xiaomi, Chew also worked as an investment banker at Goldman Sachs for two years, according to his LinkedIn profile.

He also worked at investment firm DST, founded by billionaire tech investor Yuri Milner, for five years. It was during his time there in 2013 that he led a team that became early investors in ByteDance, as the Business Chief and The Independent reported.

For a while, Chew was both the CEO of TikTok and the CFO of its parent company, ByteDance.
zhang yiming bytedance
ByteDance founder Zhang Yiming

Zheng Shuai/VCG via Getty Images

Chew joined ByteDance's C-suite in March 2021, the first person to fill the role of chief financial officer at the media giant.

He was named CEO of TikTok that May at the same time as Vanessa Pappas was named COO. Bytedance founder and former CEO Zhang Yiming said at the time that Chew "brings deep knowledge of the company and industry, having led a team that was among our earliest investors, and having worked in the technology sector for a decade."

That November, it was announced that Chew would leave his role as ByteDance's CFO to focus on running TikTok.

TikTok's former CEO, Kevin Mayer, had left Walt Disney for the position in May 2020 and quit after three months as the company faced pressure from lawmakers over security concerns.

Some government officials in the US and other countries remain concerned that TikTok's user data could be shared with the Chinese government.
Biden
The Biden administration has demanded that TikTok divest its American business from ByteDance or risk being banned.

Jacquelyn Martin, Pool

Donald Trump's administration issued executive orders designed to force ByteDance into divesting its TikTok US operations, though nothing ever happened.

President Biden signed an executive order in June 2021 that threw out Trump's proposed bans on the app.

Last year, the Biden administration demandedΒ that TikTok divestΒ its American business from its Chinese parent company or risk being banned in the US. In response, Chew said such a divestmentΒ wouldn't solve officials' security concerns aboutΒ TikTok.

In a TikTok last March, Chew announced the company has amassed 150 million monthly active users in the US and broached the subject of the ban threats.
Shou Zi Chew, TikTok's CEO
Chew took to TikTok to discuss the ban threats.

TikTok

"Some politicians have started talking about banning TikTok," he said. "Now this could take TikTok away from all 150 million of you."

Chew testified before Congress that month about the company's privacy and data security practices.

Wall Street said his testimony didn't do much to help his case to keep TikTok alive in the US, though Chew seemed to win over many TikTok users, with some applauding his efforts and even making flattering fancam edits of him.

Now, Chew and TikTok are in the spotlight again as the company tries to stave off a looming potential ban.
TikTok CEO Shou Zi Chew testifies during a House Energy and Commerce Committee hearing on Thursday, March 23, 2023.
TikTok CEO Shou Zi Chew testifies during a House Energy and Commerce Committee hearing on Thursday, March 23, 2023.

Kent Nishimura / Los Angeles Times via Getty Images

The House of Representatives passed a bill on March 13 that would require any company owned by a "foreign adversary" to divest or sell to a US-based company within 180 days to avoid being banned in the US.

Chew put out a video response shortly after, asking users to "make your voices heard" and "protect your constitutional rights" by voicing opposition to lawmakers.

He called the vote "disappointing" and said the company has invested in improving data security and keeping the platform "free from outside manipulation."

"This bill gives more power to a handful of other social media companies," he added. "It will also take billions of dollars out of the pockets of creators and small businesses. It will put more than 300,000 American jobs at risk."

The Senate also passed the bill, and President Biden signed it into law in April.

In September, a hearing on the potential TikTok ban began in federal appeals court and in December, a three-judge panel from the US Court of Appeals for the District of Columbia Circuit ruled that the law is constitutional.

On the heels of the bad news, Chew met with the president-elect at Mar-a-Lago several days later.
Donald Trump
Chew and Trump recently met.

Jeff Bottari/Zuffa LLC via Getty Images

Trump said in a press conference on the day they met that he has a "warm spot" for TikTok, which he has criticized in the past, because he says it helped him win over young voters in the 2024 election.

Also on the day of their meeting, TikTok asked the Supreme Court to block the law that requires it be sold to avoid a shutdown, arguing that it violates Americans' First Amendment rights.

When he's not fighting efforts to ban TikTok, Chew makes appearances at some pretty high-profile events.
TikTok CEO Shou Zi Chew departs after Congress Testimony
Shou Zi Chew leaves Congress on March 23.

Kent Nishimura / Los Angeles Times via Getty Images

He's been seen at the Met Gala, and also posted about attending the 2023 Super Bowl and even Taylor Swift's Eras Tour.

His hobbies include playing video games like Clash of Clans and Diablo IV, golfing, and reading about theoretical physics.

Read the original article on Business Insider

The career rise of billionaire Alex Karp, Palantir's outspoken CEO

17 December 2024 at 08:25
Alex Karp in a purple sweather talking at a conference
Palantir CEO Alex Karp took the company public in 2020 after launching the data firm in 2003.

Fabrice Coffrini/AFP

  • Alex Karp pursued a Ph.D. and invested on behalf of wealthy European clients before founding Palantir.
  • The secretive and controversial big-data company went public in 2020 and recently posted strong quarterly earnings.
  • Karp is an outspoken CEO who hasn't held back in defending the company against critics.

Alex Karp, longtime CEO of data mining company Palantir, has been taking a victory lap on the heels of the company's latest blowout earnings and rising stock price.

Palantir, which creates software to manage, analyze, and secure data, saw its stock hit an all-time high earlier this month.

Karp, who has been CEO since 2004, is known as an unusual leader, even by Silicon Valley standards. He pursued a Ph.D. in philosophy before joining the startup and sometimes works from a barn.

He and the company have courted controversy over the years, and he's known to be outspoken in defending the company's work with government agencies and the military, saying at a recent talk that he's proud "the death and pain that is brought to our enemies is mostly, not exclusively, brought by Palantir."

Here's how the 57-year-old Karp got his start, took the helm of the secretive startup, and built it into a multi-billion-dollar company.

Alex Karp grew up in Philadelphia.
Alex Karp
Karp has described his parents as hippies.

Mustafa Yalcin/Anadolu Agency/Getty Images

His parents were a pediatrician and an artist who Karp has described as hippies, saying they often took him to labor rights demonstrations and anti-Reagan protests when he was young. A 2018 Wall Street Journal profile called Karp a "self-described socialist."

Karp got his bachelor's degree at Haverford College in Pennsylvania before attending law school at Stanford University.
Stanford
Karp met Peter Thiel, one of several people with whom he'd later co-found Palantir, at Stanford University, pictured here.

Getty

At Stanford, he was classmates with PayPal cofounder and venture capitalist Peter Thiel.

After law school, Karp began working on a Ph.D. in philosophy at Goethe University in Frankfurt, Germany, studying under famed philosopher Jurgen Habermas.
Frankfurt, Germany
Karp also pursued a Ph.D. in philosophy in Frankfurt, Germany, pictured here.

Pigprox/Shutterstock

Karp is fluent in German and speaks French as well.

Around the same time, an inheritance from his grandfather sparked an interest in investing.
Alex Karp, the cofounder and CEO of Palantir, looks ahead
Before heading up Palantir, he got into investing on behalf of wealthy clients.

Stefani Reynolds for AFP via Getty Images

According to Forbes, he quickly became successful at it and created a London-based firm called Caedmon Group, named after his middle name, investing on behalf of high-net-worth clients.

By 2003, Thiel, Karp's law school classmate, had already founded and sold PayPal to eBay for $1.5 billion.
: Entrepreneur and venture capitalist Peter Thiel visits "FOX & Friends" at Fox News Channel Studios on August 09, 2019 in New York City.
Palantir was founded by several Stanford and PayPal alums.

John Lamparski/Getty Images

He decided to launch Palantir, along with Stanford computer science graduates Joe Lonsdale and Stephen Cohen, plus Nathan Gettings, a PayPal engineer. By 2004, Karp joined as CEO.

Karp is known for being an eccentric leader.
Alex Karp in a white jersey walking out of an SUV
Karp is known for some eccentric behavior.

Brendan McDermid/Reuters

He often wears brightly colored athletic wear, keeps Tai Chi swords in his offices, and was known to practice martial arts on his Palantir cofounders in the office hallways.

Karp is a fan of fitness and wellness who practices Qigong meditation and keeps vitamins and extra swim goggles stocked in his office.
Person in nature practicing qigong
He's a fan of Qigong meditation.

Yasuyoshi Chiba/Getty Images

He told Forbes that the only time he isn't thinking about Palantir is "when I'm swimming, practicing Qigong or during sexual activity."

Despite a net worth of around $7.1 billion by Forbes' estimates, Karp doesn't appear to spend lavishly.
Palantir palo alto
Palantir was previously based in Palo Alto, California, but since moved its headquarters to Denver.

Palantir

Karp has been known to sometimes work out of a barn in New Hampshire. He has never been married and told Forbes that the idea of starting a family gives him "hives."

Palantir is also pretty secretive. Because of the company's contracts, many employees have government security clearances and receive five-figure bonuses for choosing to live close to the office, according to the Journal.

Palantir has courted numerous controversies over the years.
Alex Karp Palantir
Palantir has drawn ire for licensing its tech to law enforcement.

Drew Angerer/Getty Images

The company has been criticized for licensing its technology to law enforcement, which has used it for practices like predictive policing and tracking cars' routes using just their license plates.

Palantir has also come under fire for its contracts with US Immigration and Customs Enforcement.
palantir protests
Palantir has also faced controversy for its ICE contracts.

Reuters/Shannon Stapleton

The company provides software that helps the agency gather, store, and search through data on undocumented immigrants. After employees pressed Karp on ending the company's contracts with ICE, he denied that its technology was being used to separate migrant families.

Karp has responded boastfully to criticism of the company's contracts with the military.
Alex Karp
Karp has defended Palantir's use by military and intelligence agencies.

Kevork Djansezian/Getty Images

"The death and pain that is brought to our enemies is mostly, not exclusively, brought by Palantir," he said at a talk in December 2024.

"You may not agree with that and, bless you, don't work here," Karp said in 2023 of tech workers who have qualms about the company's data mining.

The company went public in 2020.
Palantir
Palantir began trading on the New York Stock Exchange in September 2020.

Noam Galai/Getty Images

It went public via a direct listing on the New York Stock Exchange in September 2020 at an estimated $20 billion valuation.

Following Palantir's Q3 2024 earnings report, Karp boasted about the company's performance and defended himself from critics.
Palantir CEO Alex Karp
Palantir's US revenue increased 44% year-over-year, it said in Q3 2024 earnings.

Bertrand Guay/Getty Images

"This is a US-driven AI revolution that has taken full hold," he said in an earnings release. "The world will be divided between AI haves and have-nots. At Palantir, we plan to power the winners."

During the subsequent earnings call, he said, "Given how strong our results are, I almost feel like we should just go home."

Responding to criticisms of his leadership, he said, "Instead of going into every meeting saying, 'Oh, yes, Palantir is great, but their fearless leader is batshit crazy, and he might go off to his commune in New Hampshire,' whatever thing we're saying, it's now like, yes, the products are best, and we have great products."

Palantir's stock has since hit an all-time high in December.

Now, Karp has a forthcoming book.
Alex Karp
Karp's book comes out in February.

BRYAN R. SMITH/AFP via Getty Images

Slated for release on February 18, 2025, his book "The Technological Republic" argues that Silicon Valley has become complacent and lost its ambition.

He cowrote the book with Nicholas Zamiska, Palantir's head of corporate affairs and legal counsel to the office of the CEO.

Read the original article on Business Insider

Step inside the best hotel room I've ever booked at an adults-only resort in Jackson Hole that costs $1,600 a night

16 December 2024 at 07:15
the author in a white robe on a balcony in front of mountains
Business Insider's reporter booked a one-night stay at the brand-new, adults-only Hotel Yellowstone in Jackson Hole, Wyoming.

Joey Hadden/Business Insider

  • I recently stayed at Hotel Yellowstone, which opened in Jackson Hole, Wyoming, in August.
  • The luxury adults-only resort offers views of the Tetons and Snake River Valley.
  • My 600-square-foot room with a private balcony starts at $1,600 a night. Take a look inside.

In August 2024, the luxury ski town of Jackson Hole, Wyoming, got a brand-new, adults-only resort.

With unobstructed views of the Tetons and Snake River Valley, Hotel Yellowstone is located five miles from Downtown Jackson and only welcomes guests aged 21 and up. (It does accommodate adults as young as 18 when accompanied by a guest who is at least 21.)

During a September trip to Jackson Hole, I booked a one-night stay at the resort in a room with a starting rate of $1,600 a night.

After seeing and experiencing my room's thoughtful design and luxury comforts, it was easy to see why the price was so steep.

"Hotel Yellowstone's design pays homage to the American West while seamlessly blending influences of modern design," a representative of Hotel Yellowstone told Business Insider. "The intricate design components pull inspiration from Jackson Hole's history, proximity to national parks, and locale on a wildlife refuge β€” allowing guests to view Jackson Hole's native animals from the comfort of their suites."

Roughly two hours after arriving at Hotel Yellowstone in Jackson Hole, Wyoming, I accidentally fell asleep.
A triangular, wood building with a black, sloping roof in front of a mountain range.
The lobby and restaurant building at Hotel Yellowstone.

Joey Hadden/Business Insider

Perhaps the serenity of the adults-only resort overlooking Grand Teton National Park and Snake Valley is to thank. It was the quietest hotel I'd ever been to.

I blame the ultra-luxe room.
The author sits on a bed with white sheets and brown fluffy pillows and a bathroom behind dark, wood walls in the background
The author enjoys her room.

Joey Hadden/Business Insider

I thought it epitomized cozy mountain luxury.

"The overall design style can be best described as a harmonious blend of tranquility, serenity, and modern sophistication," the representative said of the rooms.

The 36 guest rooms are spread throughout 9 buildings on the four-acre property.
Wooden hotel units with black roofs scattered along a stone pathway with mountains in the background
Guest room buildings at Hotel Yellowstone.

Joey Hadden/Business Insider

Each accommodation is 600 square feet, sleeps two, and has a private balcony.

Depending on the view, starting rates range between $900 and $1,600 a night. Some rooms offer views of the mountains, while others are positioned toward the valley. Some showcase the pond on the property, and others combine multiple scenes.

As I stepped inside my room, I was surprised by the surplus of natural light that brightened the space.
A composite image of a hotel room with white walls and a bed in front of two seating areas with a view of mountains from a balcony at the back of the room and the same room is shown from the balcony.
Inside the author's hotel room.

Joey Hadden/Business Insider

I booked a room with views of the Teton Range. BI received a media rate for the one-night stay.

Wide, floor-to-ceiling windows stretched across the back wall and a portion of the left wall.

"The color palette for the walls, furniture, and bathroom was thoughtfully chosen to highlight the surrounding landscape and the unparalleled views of the Teton Mountain range," the hotel representative said.

When I took off my shoes, I felt the soft give of the cushy carpet beneath me.

Restoration Hardware furnishings filled the room, from a king-sized bed and two cozy sitting areas to Western-inspired decor.
Inside a hotel room with white walls, a lamp on the left, a furry chair on the right, and a bed in the middle
A wide view of the author's room.

Joey Hadden/Business Insider

My room had all the basic amenities you'd expect at a high-end hotel, from an espresso machine to a mini-fridge. A TV hung above a fireplace across from the bed.

I spotted nods to the environment, too. The representative said the floor lamp that resembled antlers came from AntlerWorx, and the furry accent chairs were made from pure New Zealand sheepskin.

"Both pieces showcase natural materials and textures with the Moose Antler lamp serving as a tribute to local wildlife β€” particularly the seasonal resident moose who frequents the property," they added.

Sliding glass doors at the back of the room led to a private balcony.
Two chairs on a balcony face a view of mountains on a cloudy day
The view from the author's balcony.

Joey Hadden/Business Insider

The balcony was my favorite part of the accommodation. The spacious upper deck had two cushioned lounge chairs and a side table.

The view of the valley dotted with herds beneath the Teton range was one of the most epic I'd ever seen.

Unlike most hotel balconies I've experienced, the space was quiet. Not even cars on the highway were audible from the resort. And I didn't hear one voice the entire time I was out there.

After checking out the views, I decided to take a warm bath.
A white, marble bathroom with a tub on the left, a glass shower on the right, and a sink and vanity next to a toilet in the background
The bathroom inside the author's accommodation.

Joey Hadden/Business Insider

I'm not typically one for baths, but the Calacatta marble bathroom was spa-like. While warm water filled the large, free-standing tub, I turned on the floor and towel heaters to ensure top-tier comfort upon exiting the bath.

The most surprising part of my bath was the mountain views.
A white bathtub with a bed and a balcony in the background
The tub had views of the mountains outside.

Joey Hadden/Business Insider

The bathroom was behind the bed with a sliding door in front of the tub, so I could view the Tetons while bathing.

"The room layout, windows, wall-to-wall sliding doors, and the beautifully crafted boiserie bathroom door enable guests to fully immerse themselves in the stunning views from every angle of the suite," the representative said.

Once cleaned up, I headed to the closet across from the bathroom to retrieve a robe.
A composite image of the Inside of a wood closet with a black backpack and a duffel bag inside and the author in a white robe on a balcony in front of mountains
The author cozies up in a robe from the room's closet.

Joey Hadden/Business Insider

I always look forward to hotel robes, and this one was more comfortable than most. It was made of thick fabric that felt like soft terry cloth.

Then, I cozied up on the bed, pressed the fireplace button, and turned on the TV.
Two photos: Left: A labeled, black light switch on a white wall. Right: A black iPad with television channels on the screen on a white sheet.
Smart controls in the author's room.

Joey Hadden/Business Insider

Once I dried off, I jumped onto the cloud-like king-sized bed that felt endless when I cuddled up in the middle.

I grabbed the tablet on the nightstand with smart controls for the room, from mood lighting and curtains to room service.

With a plan to relax for just a bit, I turned on the TV for one episode of Modern Family.

Minutes later, I was fast asleep.

After an unplanned two-hour nap, I ended the night with a glimpse of what appeared to be the northern lights.
A cabin at night in front of mountains with stars and purple and green aurora lights in the sky
The northern lights glow over Jackson Hole.

Joey Hadden/Business Insider

I woke up as the sun was setting and promptly headed outside in my robe to catch the end of it.

Once it was dark, I saw something I'd never seen before β€” and never thought I would see in the US β€” faint streaks of purple and green glided among the stars. I think it was the northern lights.

I could barely see them myself, but once I took a 30-second exposure on my camera, I was pretty sure I was right.

The northern lights were a massive surprise that made my stay even more meaningful. The quiet, peaceful resort made them even more mesmerizing.

Read the original article on Business Insider

5 new AI products worth trying from the avalanche of announcements this week

14 December 2024 at 02:32
A smartphone displays icons for AI apps including Gemini, ChatGPT, and Copilot.
This week brought lots of AI news, including the launch of OpenAI's video generator Sora for paid users.

Jaque Silva/NurPhoto

  • It was an overwhelming week in AI product launches.
  • OpenAI's 12 Days of "Shipmas" continued, Google launched a host of AI products, and new Apple Intelligence features arrived.
  • Here are 5 of the most helpful AI tools announced this week to consider giving a try.

There was a deluge of AI announcements this week as Big Tech pushed out releases and announcements ahead of the holidays.

It was a lot to keep up with β€” even for us β€” so we rounded up some of the most useful tools and features you can try out today.

Here are 5 of our recommendations from the last week that you might find helpful in your day-to-day life.

Genmoji in iOS 18.2 will up your texting game
Apple's Genmoji feature
Genmoji is a new Apple Intelligence feature available in iOS 18.2.

Apple

Apple's iOS 18.2 software update came out Wednesday and introduced us to Genmoji, custom AI-generated emoji made possible with Apple Intelligence.

You can make a Genmoji inspired by someone you've identified in your photo library or start fresh with instructions describing what you'd like your emoji to look like. If you don't like the initial result, you can keep refining it by tweaking the description. If you're happy with it, you can send it in a text or use it as a sticker or Tapback reaction.

Genmoji is available in iOS 18.2 on all iPhone 16 models, iPhone 15 Pro, and iPhone 15 Pro Max.

ChatGPT's integration in your iPhone
Apple's iOS 18 introduces ChatGPT integration.
Apple's iOS 18.2 introduces ChatGPT integration.

Apple

Apple's iOS 18.2 software update launched the ChatGPT integration shown off earlier this spring.

Those with an iPhone 15 Pro, 15 Pro Max, or iPhone 16 can now access ChatGPT through Siri and Writing Tools by saying or typing their inquiries, without having to go back and forth between apps. Users can tell ChatGPT to generate written content in Writing Tools or generate images to go alongside their written content.

OpenAI's Sora AI video generator launches
Sora screenshot explore page
OpenAI's video generator, Sora, is now available to ChatGPT Plus and Pro users.

screenshot/OpenAI

OpenAI's AI video generator, Sora, launched to public users this week as part of the company's "12 Days of Shipmas" slate of daily AI announcements.

It can create videos up to 1080p resolution lasting up to 20 seconds from your written prompts or make up for missing frames by completing a scene or extending the length of an existing video.

OpenAI initially made a Sora preview available to some creators, designers, and filmmakers in February, but it's now available to ChatGPT Plus ($20 a month) and Pro users ($200 a month).

OpenAI's Advanced Voice Mode with vision
ChatGPT Advanced Voice Mode Demo
ChatGPT's Advanced Voice Mode can see what you show it through your phone camera or share with it on your screen.

screenshot/OpenAI

ChatGPT's Advanced Voice Mode can now "see."

First demoed in the spring, ChatGPT can now see through your phone's camera or examine what's on your screen if you need to give the assistant visual context to help answer your questions.

The new video feature is rolling out this week in the latest version of the mobile app to ChatGPT Team and most ChatGPT Plus and Pro users.

Google Deep Research
Google Gemini Advanced 1.5 Pro with Deep Research: Get in-depth answers
Deep Research is available to Gemini Advanced users.

Google

Announced on Wednesday, Google Deep Research is Gemini Advanced's new agentic feature that can do deep dives on complex subjects for you.

Ask it a question, and it can browse the web "the way you do," Google said in a blog post. It'll ultimately generate a report you can export to Google Docs that contains key points and links to sources if you want to dig deeper.

Google Deep Research started rolling out this week in English on desktop and mobile web and will be available in the mobile app early next year.

Read the original article on Business Insider

20 books that Elon Musk, Jeff Bezos, and Bill Gates recommend you read

11 December 2024 at 08:01
side-by-side of Elon Musk, Jeff Bezos, and Bill Gates
Elon Musk, Jeff Bezos, and Bill Gates have some reading advice.

Yasin Ozturk/Getty Images; Paul Ellis/Getty Images; Michael Loccisano/Getty Images

  • Many executives say they've learned valuable lessons on business from books.
  • Elon Musk, Jeff Bezos, and Bill Gates are no exception.
  • Here are 20 books they've said taught them a lot about business, leadership, and the forces shaping our world.

You learn by doing β€” but you can also learn a lot by reading.

Many influential business figures, including Tesla CEO Elon Musk, Amazon cofounder Jeff Bezos, and Microsoft cofounder Bill Gates say they've learned some of the most important lessons in their lives from books.

They've recommended countless books over the years that they credit with strengthening their business acumen and shaping their worldviews.

Here are 20 books recommended by Musk, Bezos, and Gates to add to your reading list:

Jeff Bezos
Amazon founder and chair Jeff Bezos pictured here in front of a giant image of a book.

Mario Tama/Getty Images

Some of Bezos' favorite books were instrumental to the creation of products and services like the Kindle and Amazon Web Services.

"The Innovator's Solution"
The Innovator's Solution book cover

Harvard Business Review Press

This book on innovation explains how companies can become disruptors. It's one of three books Bezos made his top executives read one summer to map out Amazon's trajectory.

"The Goal: A Process of Ongoing Improvement"
'The Goal  A Process of Ongoing Improvement' by Eliyahu Goldratt

Amazon

Also on that list was "The Goal," in which Eliyahu M. Goldratt and Jeff Cox examine the theory of constraints from a management perspective.

Buy it here >>

"The Effective Executive"
The Effective Executive book cover

Amazon

The final book on Bezos' reading list for senior managers, "The Effective Executive" lays out habits of successful executives, like time management and effective decision-making.

"Built to Last: Successful Habits of Visionary Companies"
'Built to Last  Successful Habits of Visionary Companies' by Jim Collins

HarperCollins Publishers/Amazon

This book draws on six years of research from the Stanford University Graduate School of Business that looks into what separates exceptional companies from their competitors. Bezos has said it's his "favorite business book."

Buy it here >>

"The Remains of the Day"
'The Remains of the Day' by Kazuo Ishiguro

Vintage International/Amazon

This Kazuo Ishiguro novel tells of an English butler in wartime England who begins to question his lifelong loyalty to his employer while on a vacation.

Bezos has said of the book, "Before reading it, I didn't think a perfect novel was possible."

Buy it here >>

"Lean Thinking: Banish Waste and Create Wealth in Your Corporation"
'Lean Thinking  Banish Waste and Create Wealth in Your Corporation' by James Womack and Daniel Jones

Simon & Schuster/Amazon

This book imparts lessons about improving efficiency based on case studies of lean companies across various industries.

Buy it here >>

Elon Musk
Elon Musk in 2020

Yasin Ozturk/Getty Images

The Tesla CEO has recommended several AI books, sci-fi novels, and biographies over the years.

"What We Owe the Future"
cover of the book "What We Owe the Future" by William MacAskill

Amazon

One of Musk's most recent picks, this book tackles longtermism, which its author defines as "the view that positively affecting the long-run future is a key moral priority of our time." Musk says the book is a "close match" for his philosophy.

"Superintelligence: Paths, Dangers, Strategies"
superintelligence

Amazon

Musk has also recommended several books on artificial intelligence, including this one, which considers questions about the future of intelligent life in a world where machines might become smarter than people.

Buy it here >>

"Our Final Invention: Artificial Intelligence and the End of the Human Era"
our final invention

Amazon

On the subject of AI, Musk said in a 2014 tweet that this book, which examines its risks and potential, is also "worth reading."

Buy it here >>

"Life 3.0: Being Human in the Age of Artificial Intelligence"
Life 3.0: Being Human in the Age of Artificial Intelligence book cover

Amazon

In this book, MIT professor Max Tegmark writes about ensuring artificial intelligence and technological progress remain beneficial for human life in the future.

"Zero to One: Notes on Startups, or How to Build the Future"
Zero to One

Amazon

Peter Thiel shares lessons he learned founding companies like PayPal and Palantir in this book.

Musk has said of the book, "Thiel has built multiple breakthrough companies, and Zero to OneΒ shows how."

Buy it here >>

"Einstein: His Life and Universe"
einstein

Amazon

Musk's reading list isn't without biographies, including this Walter Isaacson book on Albert Einstein as well as Isaacon's biography of Benjamin Franklin. Isaacson more recently published a biography of Musk himself.

Buy it here >>

Bill Gates
Bill Gates smiling.

Leon Neal/Getty Images

The Microsoft cofounder usually publishes two lists each year, one in the summer and one at year's end, of his book recommendations.

"How the World Really Works"
cover of book How the World Really Works

Penguin Random House

In his 2022 summer reading list, Gates highlighted this work by Vaclav Smil that explores the fundamental forces underlying today's world, including matters like energy production and globalization.

"If you want a brief but thorough education in numeric thinking about many of the fundamental forces that shape human life, this is the book to read," Gates said of the book.

"Why We're Polarized"
cover of book Why We're Polarized by Ezra Klein

Simon & Schuster

Ezra Klein argues that the American political system has became polarized around identity to dangerous effect in this book, also on Gates' summer reading list in 2022, that Gates calls "a fascinating look at human psychology."

"Business Adventures: Twelve Classic Tales from the World of Wall Street"
business adventures

Amazon

Gates has said this is "the best business book I've ever read." It compiles 12 articles that originally appeared in The New Yorker about moments of success and failure at companies like General Electric and Xerox.

Buy it here >>

"Factfulness: Ten Reasons We're Wrong About the Worldβ€”and Why Things Are Better Than You Think"
"Factfulness: Ten Reasons We're Wrong About the World β€” and Why Things Are Better Than You Think," by Hans Rosling

Amazon

This book investigates the thinking patterns and tendencies that distort people's perceptions of the world. Gates has called it "one of the most educational books I've ever read."

Buy it here >>

"Origin Story: A Big History of Everything"
origin story david christian

Little, Brown and Company

David Christian takes on the history of our universe, from the Big Bang to mass globalization, in this book.

Buy it here >>

"The Sixth Extinction: An Unnatural History"
β€œThe Sixth Extinction: An Unnatural History” by Elizabeth Kolbert

Amazon

Elizabeth Kolbert plumbs the history of Earth's mass extinctions in this book, including a sixth extinction, which some scientists warn is already underway.

Buy it here >>

"The Myth of the Strong Leader: Political Leadership in the Modern Age"
the myth of the strong leader

Amazon

This Archie Brown book examines political leadership throughout the 20th century.

Buy it here >>

"The Coming Wave"
book cover of "The Coming Wave" by Mustafa Suleyman

Amazon

One of Gates' most recent book picks comes from the head of Microsoft AI.

Mustafa Suleyman's "The Coming Wave" explores the opportunities and risks posed by scientific breakthroughs like AI and gene editing.

"If you want to understand the rise of AI, this is the best book to read," Gates wrote of the book.

Read the original article on Business Insider

The best and worst airports for layovers, according to a travel expert who flies 200,000 miles a year

9 December 2024 at 12:31
Left: Visitors walk through the Jewel as a Skytrain shuttles passengers between terminals at Changi Airport in Singapore. Right: Delayed passengers lounge in the atrium of Atlanta Hartsfield-Jackson International Airport after a snowstorm in Atlanta, Georgia.
The best airports for layovers have upscale lounges, are easy to navigate, and offer a wide variety of food and activities.

AP Photo/David Goldman, Jessica McGowan/Getty Images

  • Flight expert Gilbert Ott shared insights on the best and worst airports for connecting flights.
  • Dallas and Los Angeles have some of the best US airports for layovers.
  • Atlanta, Georgia, and London are home to some of the worst airports for layovers.

We'd all likely prefer a nonstop flight over a connecting one, as layovers add travel time and opportunities for things to go wrong, from delays to cancellations.

"A lot of the best places worth going to these days do not have direct flights from faraway places," Gilbert Ott, who flies about 200,000 miles a year and shares his insights on his blog, God Save the Points, told Business Insider.

"In any case, you want to be in a place where the airline has a strong presence because you're going to have layers of support," he said.

Still, when it comes to killing time, navigating terminals, and minimizing chances of delays, some airports offer a better layover experience than others.

Ott shared with BI the best airports for layovers, as well as the worst airports for connecting flights.

A variety of upscale lounges and an on-site hotel make Dallas/Fort Worth International Airport one of the best for layovers.
Left: Blue door to American Express to Open The CenturionSM Lounge in DFW. Right: American Airlines plane parked at a gate at DFW Airport, the Grand Hyatt Hotel in the background
The entrance to the Amex Centurion lounge (L) and the hotel's exterior at Dallas/Fort Worth International Airport.

Business Wire/AP Images, HUM Images/Universal Images Group via Getty Images

Ott told BI that Dallas/Fort Worth International Airport (DFW) is among the best US airports for layovers thanks to its premium lounges, from Amex Centurion to Delta Sky Club.

"It's one of those places where if you do have a layover and you really need to kill time, there are both top-notch lounges and an airport hotel directly in the terminal," Ott said.

DFW is also home to one of Ott's favorite US airport lounges,Β Capital One Lounge.

Meanwhile, Blue Grass Airport in Lexington, Kentucky, is small, and there's not much to do there.
A Delta Connection-Comair Regional Jet CRJ-200ER aircraft lands at theΒ BlueΒ GrassΒ RegionalΒ airportΒ in Lexington,Β Kentucky
A plane takes off from Blue Grass Airport in Lexington, Kentucky.

REUTERS/JOHN SOMMERS II

Some of the worst airports for layovers are small regional airports.

"I think there's a just inherent advantage to being a big airport because big airports can attract retail," he said.

As an example, Ott mentioned that he often has connecting flights through Blue Grass Airport in Lexington, Kentucky, which has only two runways.

"I've been there a lot. It's not a fun place to wait for flights," he said. "You have nothing to do."

Those with a tight layover may appreciate that Blue Grass Airport has the shortest walk to the gate in the US at just 0.11 miles.

Seattle-Tacoma International Airport is ideal for shopping between flights.
An airline traveler walks in view of a 1926 Alexander Eaglerock Combo-Wing airplane displayed at Seattle-Tacoma International Airport in SeaTac, Wash.
A gate at Seattle-Tacoma International Airport.

AP Photo/Elaine Thompson

"I like Seattle-Tacoma Airport because they've done a really good job of cultivating more local stores and Seattle-centric things," Ott said. "If you've got an hour and 45 minutes, it's easy to kill time there."

BI previously reported that the airport's shops pay homage to the Pacific Northwest experience, with stores like Show Pony, Made in Washington, and Discover Puget Sound.

Ott said he'd spent his layovers at the Northwestern airport sifting through records at a music store and sampling Washington state wines at a bar.

"It doesn't feel as sterile and generic as some airports. You actually get a sense of Seattle. It's not just an airport somewhere," Ott said.

Hartsfield-Jackson Atlanta International Airport has many amenities, but layovers can be brutal due to frequent weather-related delays and cancellations.
An AirTran Airways jet is pulled along a snowy taxiway at Hartsfield Jackson Atlanta International Airport in Atlanta.
A winter storm at Hartsfield-Jackson Atlanta International Airport.

AP Photo/Erik S. Lesser

No one wants to put their trip on pause over delays and cancellations β€” especially in a connecting airport.

According to Ott, this may be more likely to happen when flying out of Hartsfield-Jackson Atlanta International Airport in Georgia due to frequent storms. And the fact that it's the busiest airport in the world probably doesn't help; the airport has had mass cancellations in summers and winters due to storms.

"I've had hellacious experiences in Atlanta because of the weather," Ott said. "It's a good airport in the sense that there are lots of flights and places to kill time. It's a bad airport in the sense that it's caught up in more storms than most airports."

Ott added that the airport has plenty of amenities but can be overwhelming to navigate.

"There are so many terminals, and you're taking a tram everywhere. They have some nice stuff in them, but it's a hike," he said.

Los Angeles International Airport is among the best for connecting flights because it offers easy access to upgraded terminals.
Left: Passengers wait in esthetically curved chairs and bolsters at the Tom Bradley International Terminal. Right: Upscale shops are seen at the Tom Bradley International Terminal at Los Angeles International Airport
Elevated terminals at Los Angeles International Airport.

AP Photo/Reed Saxon

According to Ott, some airports don't allow passengers to travel between terminals they're not departing from.

Since many travelers don't leave the airport between connecting flights, waiting to board can be a drag for those flying out of terminals with few shops, restaurants, and amenities. Ott told BI that international terminals typically have better amenities than domestic ones.

The terminals are connected at Los Angeles International Airport (LAX), which is why it's one of the best US airports for layovers.

Domestic travelers "can still go to the international terminal, which has better food, shops, and lounges," he said. "You can kill time at LAX for hours."

LAX's Tom Bradley International Terminal (Terminal B) was updated in 2023. BI previously reported that the terminal has comfy seating β€” each with its own power ports β€” a range of food and bar options, and an exceptional Sky Club.

The upgrade included adding a walkway connecting Terminal 3, which also received an upgrade, to Terminal B. The walk takes five to 20 minutes, so there's no need to catch a bus. This is an especially useful perk for those catching an international connecting flight.

London Heathrow Airport may be the worst place in the world to have a layover because it's challenging to travel between terminals.
A bus used to transport red list arriving airline passengers passes Heathrow Terminal 3 building at Heathrow Airport
A bus in front of Terminal 3 at London Heathrow Airport.

Chris J Ratcliffe/Getty Images

"London Heathrow Airport is an atrocious airport for connections β€” one of the worst in the world, by far," Ott said. Why? Getting from one terminal to another is a journey in itself.

"Some terminals are miles apart, and there is no tram that runs between all of them," he said.

According to the airport's website, getting from one terminal to another can take more than 40 minutes.

For example, Ott said if you land in Terminal 3 with British Airways, you may connect in Terminal 5.

"You have to go through Terminal 3 and take a bus, which can take up to 30 minutes to arrive. Then, you'll take a long bus ride all around the airport to the other side," he said. "And then you may still end up with another tram or bus ride because Terminal 5 has three terminals within it β€” A, B, and C."

"It's an impossible airport for short connections," Ott added.

Singapore Changi Airport is the best place to spend a layover. It offers local food, on-site hotels, and a ton of activities.
Left: Visitors walk through the Jewel as a Skytrain shuttles passengers between terminals at Changi Airport in Singapore. Right: A movie plays in a dark theater with red seats.
A waterfall (L) and a movie theater (R) in Singapore Changi Airport terminals.

AP Photo/David Goldman, Taylor Rains/Business Insider

"For best, Singapore Changi Airport is just untouchable," Ott said.

Ott added that the best airport for layovers worldwide has a range of shops, hotels, dining, and activities.

"Some of the best local food is at the airport because the famous places in Singapore set up locations there," he said.

While waiting for connecting flights, travelers can access a pool, a movie theater, and a butterfly garden.

The real spectacle, however, is probably the Jewel β€” a retail and entertainment complex connected to Terminal 1. The Jewel seems like a destination itself with a hedge maze, a topiary walk, and a ropes course. And the centerpiece is the Rain Vortex β€” the world's largest indoor waterfall spanning seven stories.

"You can spend an hour just looking at that," Ott said of the Rain Vortex. "I would have a layover there any day."

Read the original article on Business Insider

I toured Culdesac, a Tempe, Arizona neighborhood that banned cars, and found a walkable oasis in the Phoenix suburb

8 December 2024 at 11:57
Culdesac Tempe: An alleyway lined with white buildings with red trimmings
Culdesac Tempe is a carless community in Arizona.

Joey Hadden/Business Insider

  • Culdesac Tempe, a car-free neighborhood in Arizona, opened in 2023.
  • Millennials and Gen Zers are paying more to live in walkable communities.
  • I toured the carless neighborhood and found a walkable community with micro-retailers.

I'm a New Yorker who doesn't drive, and I've always felt like I couldn't move without a license. However, on a recent trip to Arizona, I found I was wrong.

Many millennials and Gen Zers don't want to depend on cars anymore. According to a 2023 study by the National Association of Realtors, they're paying higher prices to live in walkable communities.

Hence, the rise of walkable neighborhoods like Culdesac Tempe in Arizona, the self-proclaimed "first car-free neighborhood built from scratch in the US."

Cars are banned from the 17-acre block in the Phoenix suburb that opened in 2023. As of April 2024, Culdesac had 200 residents, and eventually, they hope to have 1,000, a company representative told Business Insider.

I stopped by the car-free neighborhood for a tour of the block and thought it felt like an urban oasis in the Phoenix suburb.

Culdesac is in the greater Phoenix area.
A map of Arizona with arrow pointing to Culdesac Tempe
Culdesac is in Tempe, Arizona.

Google Maps

Culdesac sits on the east side of Tempe, a suburb roughly 10 miles from Phoenix, also home to Arizona State University.

I recently got a private tour β€” and the chance to chat with the CEO.
Culdesac Tempe: Left: A person in a green shirt stands in front of white buildings
CEO and cofounder Ryan Johnson lives at Culdesac.

Joey Hadden/Business Insider

During my visit, I met with CEO and cofounder Ryan Johnson. After years of working in the real estate and transportation industries β€” and traveling to walkable places worldwide β€” he was inspired to create a neighborhood free of cars.

From New York City to Budapest, Johnson said his travels launched a passion for cities.

"I saw those places and said, 'Wow, this is a much better way to build a city β€” with thoughtful architecture, great transportation systems,'" he told BI.

Johnson added that developments in the transportation industry, from ride-share apps to public transit systems and electric bikes, have made living car-free possible in places like Arizona.

Johnson, who grew up in Phoenix and currently lives at Culdesac, hasn't had a car in 14 years.

All around the property, I spotted electric bikes and scooters.
Culdesac Tempe: Two Electric Bikes parked in a floral area surrounded by white and blue buildings
Electric bikes parked at Culdesac.

Joey Hadden/Business Insider

Visitors and delivery drivers can park their cars at Culdesac, but residents cannot.

The company representative told BI that for residents with cars, "it's regulated through their lease agreement that they won't park on-site or on any public streets within 0.25 miles."

Some residents park their cars elsewhere in Tempe, while others, like Johnson, don't have a vehicle. Residents get around on foot, bicycles, electric bikes and scooters. The neighborhood has more than 1,000 bike parking spots.

One Culdesac resident previously told BI that living without a car can be challenging outside the neighborhood, as the surrounding city was built for vehicles.

However, according to the company's website, Culdesac provides residents with a mobility package worth almost $3,000 annually to make transportation easier. It includes a complimentary Valley Metro pass for the light rail that goes through Phoenix and Tempe and discounts on ride-share apps like Lyft and Waymo, a self-driving cab service.

My tour began in the plaza.
Culdesac, Tempe: A red, brick courtyard with a map in the middle and jumbo Connect Four and shaded tables on the left
The Plaza at Culdesac in Tempe.

Joey Hadden/Business Insider

The plaza, located across from the neighborhood light rail stop, is the communal center of Culdesac. It's marked by a sculpture by artist Matthew Salenger that doubles as a canopy.

Here, there are games, shaded tables, and weekly events.
Culdesac Tempe: A blue ping pong table in a red-brick courtyard surrounded by white buildings
A ping-pong table in the plaza.

Joey Hadden/Business Insider

Thursday nights at Culdesac light up with a public outdoor night market called Little Cholla. The weekly event features live music, local vendors like food trucks, and dancing.

There's also a two-story gym.
Culdesac Tempe: Inside an empty gym full of exercise equipment
Inside the fitness center.

Joey Hadden/Business Insider

A two-story building in the plaza with giant windows houses the neighborhood fitness center. It has workout classes and is lined with equipment.

Across from the plaza, there are local shops run by residents.
Culdesac Tempe: A shop with brown doors behind an outdoor table, trees, and shrubbery
A storefront at Culesac.

Joey Hadden/Business Insider

From thrifted clothing to unique dishware and candles, there's plenty of local shopping at Culdesac.

According to the company's website, there are more than a dozen micro-retail shops, including a market, a laundromat, a medical spa, an art studio, and a plant shop.

These micro-retailers have the option to live in their workspace.
Culdesac Tempe: A storefront with a brown, open door showing inside
A peek inside a micro-retail shop.

Joey Hadden/Business Insider

The company representative told BI that the small-business owners at Culdesac are residents, and some even live in their stores thanks to a zoning permit that allows them to do so.

All the stores have kitchens and bathrooms, and some have bedrooms.

Steps from the plaza, the neighborhood has a restaurant with outdoor seating.
Culdesac Tempe: A brick courtyard with a restaurant with outdoor seating on the left ad a map on the right
Cocina Chiwas is a restaurant on the property.

Joey Hadden/Business Insider

In April 2023, Culdesac's Cocina Chiwas opened. It's a family-owned Mexican restaurant serving Chihuahuan cuisine.

As I strolled the communal paths, I noticed that Culdesac didn't feel as hot as the surrounding streets. That's because there's no asphalt on the property.
Culdesac Tempe: a red brick road lined with white buildings
A wide, shaded pathway in the neighborhood.

Joey Hadden/Business Insider

It's no secret that the Phoenix area is hot β€” sometimes dangerously so in the summers. So Culdesac was built to keep pedestrians cool without asphalt β€” a road material that gets hotter in the sun.

In the residential areas, the walkways are narrow.
Culdesac Tempe: A narrow alleyway between two white buildings with green and pink plants on the sides of the buildings
Paths lead to residents' quarters.

Joey Hadden/Business Insider

Culdesac intentionally placed the buildings close together to create as much shade as possible.

The buildings' color is also no accident. Culdesac chose white because it reflects sunlight rather than absorbs it.

Between residential buildings, there are courtyards with grills, tables, hammocks, and firepits.
Culdesac Tempe: A courtyard with white buildings and a table and grills on the left in front of a colorful mural
A courtyard in the residential area.

Joey Hadden/Business Insider

More than half of the entire property is open, landscaped space.

Culdesac has apartments ranging from studios to three-bedroom floor plans.
Inside a living room with blue and brown furniture, a mounted TV, and wide windows on the left show a balcony outside
Inside one of the units.

Culdesac

Culdesac currently has 172 units. More will open in the fall, and the neighborhood will eventually have 760 units.

Studios start at $1,300 a month, one-bedrooms are $1,400, two-bedrooms are $2,100, and three-bedrooms are $2,900 monthly.

On the outer rim of Culdesac, there's a bike shop with tune-up services.
Culdesac Tempe: Inside a bike shop with helmets, bikes, clothing, and other accessories on display
Inside Archer's Bike Shop.

Joey Hadden/Business Insider

Archer's Bike Shop sells manual and electric bikes. And Culdesac residents get complementary services and product discounts.

Culdesac seems like a place where people can live car-free and get to know their neighbors.
Culdesac Tempe: A white building with brown doors behind shrubbery and a small table with two chairs
The Culdesac leasing office.

Joey Hadden/Business Insider

After my visit to Culdesac, I chatted with Brad Biehl, a 24-year-old resident from Colombus, Ohio. Biehl has lived in the neighborhood for six months. He said one of the best parts of living there is the sense of community.

"We're usually in environments where we walk from our door to our car and from the car into the place," Biehl said. "But here, to go anywhere, I usually pass at least two or three of my neighbors, even when I'm just walking to the light rail right around the corner."

Biehl added that he's optimistic about the future of Culdesac when more residents and retailers come in.

"While there are still not a ton of people here yet, there's way more going on than I would've expected there to be," he told BI. "The number of serendipitous interactions that have taken place with the limited number of residents makes me super excited for what people will experience here."

Read the original article on Business Insider

The PayPal Mafia includes tech titans like Elon Musk, Peter Thiel, and Reid Hoffman. Here's where its members are now.

Peter Thiel
Peter Thiel, left, and Elon Musk, are two members of the so-called "PayPal Mafia."

Associated Press

  • A group of early 2000s PayPal employees and founders came to be known as the "PayPal Mafia."
  • The members have all gone on to impact Silicon Valley by founding and developing major companies.
  • The group includes Elon Musk, Peter Thiel, Reid Hoffman, and the founders of both YouTube and Yelp.

What do the founders of YouTube, Yelp, Tesla, and LinkedIn have in common?

Apart from creating some of the biggest companies in tech, they all share a common rΓ©sumΓ© line item: they've all worked at PayPal.

Many of PayPal's early employees went on to become major names in tech and the venture capital world, founding, funding, and otherwise developing successful companies. This elite group came to be known as the "PayPal Mafia," a nickname that gained popularity after Fortune used the term in a 2007 piece alongside a photo of some of the members dressed in gangster attire.

Members of the group include Elon Musk, Peter Thiel, Reid Hoffman, and over a dozen others. Here's a rundown of the most prominent members of this exclusive group and what they're up to over two decades later.

Peter Thiel: PayPal's founder and the so-called "don" of the PayPal Mafia
peter thiel elon musk early paypal
Peter Thiel in 1999.

AP

Peter Thiel cofounded the company that would become Paypal β€” called Confinity β€” in 1999 alongside Max Levchin and Luke Nosek. Confinity was launched as a developer of security software for hand-held devices like the PalmPilot, but it later pivoted toward digital money transfers.Β 

Thiel served as CEO of PayPal until October 2002, when eBay acquired the company for $1.5 billion. Thiel's 3.7% stake was worth a $55 million, according to SEC filings.

Thiel went on to cofound Founders Fund, a venture capital firm that has helped launch companies like SpaceX and Airbnb.
peter thiel
Thiel is now a billionaire.

Chip Somodevilla/Getty Images

Thiel, now a billionaire with a net worth of $15.9 billion, according to Bloomberg, cofounded the big data analysis firm Palantir in 2003. He was the first major outside investor in Facebook and contributed early funding to Yelp and LinkedIn, along with a number of other ventures launched by his PayPal peers. Thiel's also a partner of Founders Fund, a venture capital fund based in San Francisco.

Thiel has also drawn criticism in recent years for his support of President Donald Trump and for secretly funding Hulk Hogan's lawsuit against Gawker Media, which resulted in the company shutting down Gawker and selling the company's assets.

After facilitating talks between Trump and now Sen. JD Vance, Thiel gave a record-breaking $15 million to Vance's campaign, the largest donation ever given to a single senate candidate.Β 

Thiel later told The Atlantic he was taking a break from politics. Business Insider later reported that he served as an FBI informant.

While his and Trump's relationship has reportedly soured, Trump's recent announcement of VanceΒ as his vice president pick has put Thiel back to playing kingmaker.

Max Levchin: PayPal cofounder and Chief Technology Officer.
Max Levchin
Max Levchin was a cofounder of PayPal.

Ben Margot/AP

Max Levchin is sometimes called the "consigliere" of the PayPal Mafia β€” in "The Godfather," a consigliere is an advisor to the boss.

Levchin made significant contributions to PayPal's anti-fraud efforts. Together with PayPal technical architect David Gausebeck, he helped create the Gausebeck-Levchin test, an early version of a CAPTCHA for commercial applications.

Levchin now serves as the CEO of Affirm.
Max Levchin
Levchin is now CEO of Affirm.

Getty

After PayPal was bought by eBay, Levchin founded a media-sharing service called Slide that was later bought by Google. He was also an early investor in Yelp β€” at one point he was the company's largest shareholder β€” and he served asΒ chairman of Yelp from its founding in 2004 until July 2015.

He founded fintech company Affirm, which allows consumers to finance online purchases at the point of sale and pay for them over time. Affirm went public in 2021, raising $1.2 billion in its IPO. Levchin is also the chairman of Glow, a fertility-tracking app that helps users improve their odds of conceiving.

Ken Howery: PayPal cofounder and CFO from 1998 to 2002.
Ken Howery
Howery served as PayPal's CFO.

Patrick McMullan/Patrick McMullan via Getty Images

After eBay bought PayPal, Howery stayed on as eBay's director of corporate development until 2003. After PayPal's acquisition, he served as cofounder and partner of Founders Fund alongside Peter Thiel.

Howery recently served as US ambassador to Sweden.
Ken Howery
Princess Madeleine of Sweden and Ambassador Ken Howery.

Bennett Raglin/Getty Images for the World Childhood Foundation

He was appointed by former President Trump in January 2019 and confirmed in September of that year. He also donated $1 million earlier this year to America PAC, a pro-Trump super PAC created by fellow PayPal mafia member Elon Musk.

Howery is active in several nonprofits and serves as a founding advisor to Kiva, an organization that facilitates loans to low-income entrepreneurs. Kiva was founded in part by Premal Shah, PayPal's former product manager.

Howery is reportedly still good friends with Elon Musk.Β 

Elon Musk: founder of (the other) X.com, which merged with Thiel's Confinity to become PayPal
peter thiel elon musk early paypal
Elon Musk pictured in the early days of PayPal.

AP

In 1999, Elon Musk founded a payments company called X.com, which merged with Thiel's Confinity in 2000. He briefly served as CEO of PayPal before he was ousted by the board in September 2000 and replaced with Thiel. But as the company's largest shareholder, he still walked away from the PayPal sale to eBay with a cool $165 million.

Musk is currently the world's richest person.
elon musk
Musk now juggles multiple companies, including Tesla, SpaceX, and X, formerly Twitter.

Patrick Fallon / Reuters

Perhaps the best-known of all the members of the PayPal mafia now, Musk's estimated net worth is $362 billion.

Since his PayPal days, Musk has moved on to oversee companies like Tesla, SpaceX, the Boring Company, and Neuralink. He also bought Twitter and renamed it X, after buying back the X.com domain name from PayPal.Β 

Musk, who has been a vocal supporter of Trump's 2024 presidential campaign and donated more than $200 million to Republican election efforts, will also co-lead the newly created Department of Government Efficiency alongside former Republican presidential candidate Vivek Ramaswamy, Trump announced after winning the election.

Luke Nosek: PayPal cofounder and vice president of marketing and strategy.
PayPal
Nosek was also a PayPal cofounder.

Thomson Reuters

Nosek was also reportedly the person who clued in Peter Thiel to cryogenic preservation, which Thiel has since invested in heavily.

Nosek explored angel investing.
Luke Nosek
Nosek is a SpaceX investor.

David M. Benett/Getty Images for Netflix

In 2005, Nosek joined Thiel and Howery as a partner at Founders Fund. In 2017, Nosek left Founders Fund to launch investment firm Gigafund, which helped raise money for SpaceX.

Nosek was also the first institutional investor in SpaceX and is a board member. He also joined the board of ResearchGate, a platform where scientists and researchers can ask questions, follow topics, and review one another's papers.

Roelof Botha: PayPal's director of corporate development, vice-president of finance, CFO
Roelof Botha
Botha started at PayPal as director of corporate development.

Paul Zimmerman/Getty Images for TechCrunch/AOL

Botha went to school to be an actuary. He said he never planned to get into tech, but when he saw the opportunity in Silicon Valley, his intuition told him it was where he needed to be.

He started as PayPal's director of corporate development, went on to become vice-president of finance, and later served as CFO.

Botha is now a partner at venture capital firm Sequoia Capital
Roelof Botha
Botha is a major tech investor.

Steve Jennings/Getty Images for TechCrunch

Botha is now considered one of the top tech investors in the world.

Sequoia Capital has funded tech giants like Apple, Google, YouTube, and Instagram.Β 

Botha as served on the board at more than a dozen companies, including Square, EventBrite, Weebly, Tumblr, Instagram, YouTube, as well as 23andMe, which he resigned alongside the rest of the board in September over CEO Anne Wojcicki's proposal to take the company private.

Reid Hoffman: board of directors at PayPal, COO
Reid Hoffman
Hoffman started on PayPal's board of directors.

Tony Avelar/AP

LinkedIn cofounder Reid Hoffman served on the board of directors when PayPal was founded.

He eventually joined the company full-time as PayPal's COO. In a New York Times interview, Peter Thiel referred to Hoffman as PayPal's "firefighter in chief," noting that there were many fires that needed putting out in the company's early days.

When PayPal was acquired by eBay, Hoffman was the company's executive vice president.

Hoffman cofounded LinkedIn and is one of Silicon Valley's most prolific angel investors.
reid hoffman
Hoffman cofounded LinkedIn in 2002.

Kelly Sullivan/Getty Images

Hoffman was an early investor in Facebook, Flickr, Care.com, and many more. In 2017 he joined the board of Microsoft.

Hoffman has coauthored several books on startups and professional development. He hosts the "Masters of Scale" podcast, on which he interviews founders about how they launched and scaled their companies, and is a partner at VC firm Greylock Partners. He was an early investor in OpenAI and used to serve on its board, and cofounded Inflection AI.

Hoffman has also recently criticized business leaders, including his fellow PayPal mafia members, for supporting Trump.

Β 

David Sacks: PayPal COO
Yammer CEO David Sacks at Launch Festival 2013
Sacks served as PayPal's COO.

Owen Thomas, Business Insider

Like Hoffman, Sacks also served as COO at PayPal. Previously a management consultant for McKinsey & Company, David Sacks joined PayPal in 1999.

After PayPal was bought by eBay, Sacks produced and financed the box office hit "Thank You For Smoking," which would go on to be nominated for two Golden Globes. In 2006 he founded Geni.com, an online tool for building family trees.

Β 

Sacks founded several companies, became an angel investor, and was named Trump's AI and crypto 'czar'
David Sacks
Sacks went on to become a major investor.

REUTERS/Beck Diefenbach

In 2016, Sacks was briefly interim CEO at Zenefits, an HR software firm that was plagued by scandal, including allowing unlicensed brokers to sell insurance to its customers. In 2017, Sacks cofounded the early-stage investment firm Craft Ventures.Β 

Sacks is a serial entrepreneur and investor, with angel investments in Airbnb, Postmates, Slack, and many more.Β 

He's also a member of Elon Musk's inner circle and, like the Tesla CEO, is an avid Trump supporter, hosting a fundraiser for the president-elect at his home. Sacks reportedly urged Trump personally to choose Vance as his running mate, whom he was introduced to by fellow Paypal mafia member Thiel.

Trump said in December that he is appointing Sacks as his White House AI and crypto czar.

Β 

Β 

Β 

Jawed Karim, Chad Hurley, and Steve Chen met at PayPal during its early days.
YouTube founders
Steven Chen, left, and Chad Hurley.

Noah Berger/AP

Karim and Chen were engineers, while Hurley was a web designer.

In 2005, the trio launched the video-sharing platform YouTube. Karim uploaded the platform's very first video, "Me at the zoo," an 18-second clip of Karim in front of the San Diego Zoo's elephant exhibit. It's been viewed over 292 million times.

Today, Karim, Hurley, and Chen remain active entrepreneurs and investors with a hand in projects from finance to music.
Chad Hurley YouTube
The trio went on to become investors.

David Buchan/Getty Images

Karim launched venture fund YVentures in 2008, through which he invested in Palantir, Reddit, Eventbrite, and Airbnb.

Hurley stepped down as CEO of YouTube in 2010. Since then, he's backed education startup Uptime and invested in several sports teams.

Chen invested in actor Joseph Gordon-Levitt's musical collaboration platform HitRecord, which in February secured $6.4 million in Series A funding.

Andrew McCormack: assistant to Peter Thiel at PayPal
PayPal
McCormack served as Thiel's assistant at PayPal.

Paul Sakuma/AP

McCormack joined PayPal in 2001, working as an assistant to Peter Thiel as the company prepared for its IPO.

In 2003, McCormack started a restaurant group in San Francisco. In 2008, he joined Thiel Capital and worked there for 5 years.

McCormack went on to launch VC firm Valar Ventures
Peter Thiel
Peter Thiel.

Alex Wong/Getty Images

McCormack partnered up with Thiel again in 2010 to found Valar Ventures, a venture capital fund.

Valar Ventures has invested in technology startups well beyond Silicon Valley, including some in Europe and Canada. In August, Crunchbase reported the firm had closed on a $150 million funding round for a new venture capital fund, Valar Fund V.

McCormack continues to serve as a managing partner of the firm.

Β 

Keith Rabois: PayPal's executive vice president
Keith Rabois
Rabois served as PayPal's executive vice president.

Fortune Live Media via Flickr

Entrepreneur Keith Rabois served as PayPal's executive vice president from 2000 to 2002.

He would go on to join his PayPal colleague Reid Hoffman at LinkedIn as its vice president for business and corporate development from 2005 to 2007. He was an early investor in startups like Square, where he spent two-and-a-half years as COO.Β 

Rabois joined Thiel, Howery, and Nosek as a partner at Founders Fund.
Keith Rabois
Rabois has invested in a number of major companies.

Steve Jennings/Getty Images for TechCrunch

Rabois is the CEO of OpenStore and has served on the board of directors for Yelp, Xoom, and Reddit.

He was a general partner at Founder's Fund, where he cofounded OpenStore, before returning to Khosla Ventures in early 2024.

Russel Simmons and Jeremy Stoppelman: worked on technology at PayPal.
Jeremy Stoppelman Russel Simmons

Eric Risberg/AP

Simmons was an engineer and Stoppelman was the vice president of technology after joining PayPal from X.com.

In 2004, the pair came up with the idea for a platform where users could leave recommendations about businesses in their area. They pitched the idea to Levchin, who provided an early investment of $1 million, and Yelp was born.

Simmons left his official role at Yelp in 2010, while Stoppelman continues to serve as Yelp's CEO.
Jeremy Stoppelman

MediaNews Group/Bay Area News via Getty Images

Simmons served as CTO at Yelp from 2004 until he left the role in 2010. Stoppelman is still CEO of Yelp, and has publicly spoken out in support of political issues like women's reproductive rights.

Jack Selby: PayPal's vice president of corporate and international development.
FILE PHOTO: The German headquarters of the electronic payments division PayPal is pictured at Europarc Dreilinden business park south of Berlin in Kleinmachnow, Germany, August 6, 2019. REUTERS/Fabrizio Bensch/
Selby started Clarium Capital Management.

Reuters

After leaving PayPal, Selby partnered with Thiel to start Clarium Capital Management.

In 2017, Selby was revealed to be the generous tipper behind "Tips for Jesus."
jack selby

Photo by Charles Sykes/Invision/AP

Selby later helped manage Thiel Capital, the Thiel's family office, and started his own venture capital fund, AZ-VC, where he serves as managing partner. He still serves as managing director at Thiel Capital.

Starting in 2013, Selby began anonymously leaving tips for unsuspecting waitstaff, ranging into the thousands, and signing them "Tips for Jesus." His identity was confirmed by a New York City bartender who served him prior to receiving a $5,000 tip.

Dave McClure: PayPal's director of marketing
Dave McClure
McClure served PayPal's director of marketing.

Edward Wong/South China Morning Post via Getty Images

McClure served PayPal's director of marketing as for four years beginning in 2001.

According to McClure's LinkedIn, he began a program called the PayPal Developer Network, which consisted of about 300,000 developers that were using PayPal.Β 

McClure left PayPal in 2004.
Dave McClure

Getty Images

He had a brief stint at Founders Fund before launching 500 Startups, an early stage venture fund. McClure stayed at 500 Startups until June 2017, when he was accused of "inappropriate behavior with women" in a New York Times report and stepped down from his role at the firm, writing an apology post titled "I'm a creep. I'm sorry."

He's since become an investor and owner in a professional sports league for ultimate frisbee and cofounded Practical Venture Capital, according to his LinkedIn.

Β 

Several more former PayPal employees went on to have careers both in and out of tech.
Joe Lonsdale
Joe Lonsdale, who got his start as a finance intern at PayPal.

Brian Ach/Getty Images for TechCrunch

  • Yishan Wong was an engineering manager who later served as CEO of Reddit from 2011 to 2014. He then founded the reforestation company Terraformation in 2020, where he now serves as CEO.
  • Jason Portnoy worked in finance at PayPal, and went on to work at Clarium Capital and Palantir. He's now a partner at VC firm Oakhouse Partners.Β 
  • Premal Shah was a product manager at PayPal beginning in 2000, then went on to work at technology nonprofit Kiva. He's now president at financial-services startup Branch.Β 
  • David Gausebeck was a technical architect at PayPal. Now, he serves as chief scientist at 3D modeling company Matterport. He cofounded 3D modeling company Matterport, where he now serves as chief scientist.
  • Joe Lonsdale started his career as a finance intern at PayPal before moving into venture capital β€” he's worked at VC firms Clarium Capital, Formation 8, and 8VC. Lonsdale also cofounded Palantir, and has reportedly contributed to a Trump PAC.
  • Eric Jackson was director of marketing at PayPal and went on to write a book about the company called "The PayPal Wars." He's currently the CEO of CapLinked.Β 
Read the original article on Business Insider

I stayed in a $1,500 resort and the cheapest hostel I could find during a trip to Jackson Hole. Both felt luxurious.

7 December 2024 at 02:54
A composite image of a room full of bunk beds with white ladders land gray curtains lining either side of the room and a hotel room with white walls and a bed in front of two seating areas with a view of mountains from a balcony at the back of the room
The author stayed in some of Jackson Hole, Wyoming's cheapest and most expensive accommodations.

Joey Hadden/Business Insider

  • I stayed at Hotel Yellowstone, a luxury resort, and Cache House, a hostel, in Jackson Hole, Wyoming.
  • Hotel Yellowstone costs $1,500 a night, while Cache House is a more budget-friendly option.
  • Cache House felt surprisingly luxurious for a hostel, with starting rates as low as $65 in winter.

When I visited the luxury vacation hot spot of Jackson Hole, Wyoming, earlier this fall, I simply had to stay at one of the most expensive hotels in the area β€” Hotel Yellowstone, an adults-only resort with a starting rate of $1,500 a night.

The biggest draw for me was the location. The resort sits on a hill with unobstructed views of the Teton Range and Snake River Valley. Photos online showed epic landscapes that I had to see for myself. So I booked a one-night stay in September 2024, though Business Insider paid a media rate.

For travelers craving luxury on a tight budget, a hotel this expensive may need to be paired with a cheaper stay. That's why I spent another night in the cheapest accommodation I could find in Jackson Hole. For $150, I got a bunk in an upscale hostel, Cache House, though a company representative told BI that starting rates are $110 in the summer and $65 in the winter.

Before staying in both accommodations, I thought my preference for the more expensive one would be obvious. Still, my previous travel reporting has shown me that it's not always that simple.

Hotel Yellowstone and Cache House serve completely different vacationers, but both offer luxury in their own ways.

On a trip to Jackson Hole, Wyoming, I spent one night at Hotel Yellowstone, a resort, and another at Cache House, a hostel.
A map of Jackson Hole with points on Hotel Yellowstone and Cache House
Hotel Yellowstone and Cache House are in Jackson, Wyoming.

Joey Hadden/Business Insider

Cache House is in Downtown Jackson, a walkable neighborhood full of boutiques, restaurants, and, in my experience, traffic.

While Hotel Yellowstone is less than 15 minutes north of the bustling square, it's tucked away in a scenic area with expansive properties. I thought it provided a more isolated experience.

First, I stayed at Hotel Yellowstone, a luxury, adults-only resort that opened in August.
A triangular, wood building with a black, sloping roof in front of a mountain range.
The main building of Hotel Yellowstone.

Joey Hadden/Business Insider

I booked a one-night stay at Hotel Yellowstone about a month after it opened. When my cab pulled up, I could tell it was a brand-new establishment.

The four-acre resort had 10 sleek, cabin-style buildings with wide windows and sloped rooftops.
Two-story cabins behind a lush pond with trees in the background
The pond at Hotel Yellowstone.

Joey Hadden/Business Insider

Between buildings, lush, extravagant landscaping framed a glistening pond that attracted wildlife β€” from ducks to moose.

The resort's interior design showcased modern luxury with Western flair.
Inside a hotel lobby with tables and chairs, a wood ceiling, and a mirror in the back showing a window to the mountains outside
Inside the Hotel Yellowstone lobby.

Joey Hadden/Business Insider

I entered a neutral-toned lobby with cathedral ceilings to check into the hotel. The space had an array of cozy seating, from fur seats to cushioned rocking chairs.

"Hotel Yellowstone's design pays homage to the American West while seamlessly blending influences of modern design," a representative of Hotel Yellowstone told Business Insider.

Before heading to my room, I sat briefly and stared in awe out a vast window that framed the Tetons.
A large pentagonal window frames a mountain scene
A view out the window.

Joey Hadden/Business Insider

Hills and mountains layered the distant landscape, and a rich, green valley brightened the foreground. It looked like a photograph.

After checking in, I headed to my Grand Teton Suite.
A composite image of a hotel room with white walls and a bed in front of two seating areas with a view of mountains from a balcony at the back of the room and the same room is shown from the balcony.
Inside the author's room.

Joey Hadden/Business Insider

Hotel Yellowstone had nine guest room buildings with four accommodations in each. Each room was 600 square feet and had a private balcony β€” the main difference between each is the view.

I booked a room with a balcony facing the Teton Range. It had a plush, king-sized bed, a full bathroom, two seating spaces, and glass doors for nonstop views of the mountains.

The accommodation had basic amenities like a TV, a mini fridge, and a fireplace. I used the in-room smart tablet to close the curtains, ignite the fireplace, activate mood lighting, and change the channel.

The space nodded to the American West, from the lighting to the wall art.
hotel room with white walls and a bed in front of two seating areas with a view of mountains from a balcony at the back of the room
A wide view of the room.

Joey Hadden/Business Insider

"The intricate design components pull inspiration from Jackson Hole's history, proximity to national parks, and locale on a wildlife refuge β€” allowing guests to view Jackson Hole's native animals from the comfort of their suites," the Hotel Yellowstone representative told BI.

To me, the bathroom felt like a private spa.
A white, marble bathroom with a tub on the left, a glass shower on the right, and a sink and vanity next to a toilet in the background
Inside the bathroom.

Joey Hadden/Business Insider

The Carrara marble bathroom had floor and towel heaters. A stand-alone rainfall shower was stocked with Byredo toiletries. A large, deep tub sat behind a sliding door, revealing the outdoor views.

Hotel Yellowstone had a restaurant for guests only.
Inside a restaurant with a marble bar on the right
Inside Olivia's, the hotel's restaurant.

Joey Hadden/Business Insider

At most hotels I've stayed in, the on-site restaurants are open to the public. Still, Hotel Yellowstone's resto, Olivia's, was exclusively for hotel guests.

It was on the lower level of the main building beneath the lobby. As I stepped down the stairs, I spotted an elegant marble bar with couch seating. Just past the bar was a dining room with floor-to-ceiling windows.

Dining at this establishment that locally sources ingredients almost felt like dining outside β€” without the discomforts of weather and bugs.

There was also a spa, fitness center, pool, and sauna.
An indoor-outdoor pool in front of a mountain range with a cabin visible on the right
A view of the pool with the retractable

Joey Hadden/Business Insider

The pool β€” open 24 hours a day, along with the sauna β€”Β was made for relaxing. Known as the Negative Edge Pool, it was indoors with retractable glass windows overlooking the valley and surrounding mountains.

After my tranquil night at Hotel Yellowstone, I headed to Downtown Jackson to stay at a hostel.
The exterior of a dark teal building with a triangular roof top behind a empty street
Cache House lies beneath the Anvil Hotel.

Joey Hadden/Business Insider

To get to Cache House, I went to the Anvil Hotel, which has existed since the 1950s.

In the 1970s, a bunkhouse opened in the basement of the hotel. Then, in 2020, that bunkhouse opened as the "modern, elevated interpretation of the classic European hostel" Cache House, a company representative told BI.

I checked in at the Anvil Hotel, and a staff member walked me around the side of the building and down an outdoor staircase into the basement.

My key card unlocked the door to the hostel.

Like Hotel Yellowstone, Cache House had a modern design with hints of Western culture.
Inside a brightly lit room with couches, tables, and chairs in front of a wall of records
The communal space in the hostel.

Joey Hadden/Business Insider

The door at the bottom of the steps opened into a massive, brightly-lit room with a mix of midcentury modern and old Western pieces and accents.

Cache House hired Brooklyn-based Post Company to give the room a sleek, functional look.

Geometric-patterned blankets were laid over black leather futons with wooden feet. Modern built-ins displayed albums behind a rustic, wooden dining table. Rugs and throws added pops of color to the space.

My booking included a locker for my luggage.
A composite image of  a hand holding a blue room key card in a white envelope and inside an open locker, there's a black duffel bag and a backpack
The author's key card and locker.

Joey Hadden/Business Insider

All Cache House bookings include a private locker for belongings. With just a backpack and a medium-sized duffel bag, there was plenty of space I didn't use.

Unlike Hotel Yellowstone, I didn't have my own bathroom at Cache House β€” but I had the next best thing.
Two images. Left: Inside a white hallway with concrete floors and tall doors lining either side. Right: Inside a tall, thin shower with white tiling, a shower head on the left, and toiletries hanging on the wall on the right
Stalls of bathrooms with showers in the hostel.

Joey Hadden/Business Insider

The shared space had several private stalls with a toilet, sink, and shower. And like at Hotel Yellowstone, the bathrooms were spotless and had complimentary toiletries from a high-end beauty brand,
C.O. Bigelow.

After freshening up, I headed to my bunk.
Two white ladders lead to top bed bunks with white sheets and gray curtains
Top bunks at Cache House.

Joey Hadden/Business Insider

The hostel's midcentury modern style continued into the bunk room, where wooden ladders with gold accents led up and down 50 bunks, ranging from twin- to queen-sized.

Beneath each pair of bunk beds were two storage drawers β€” one for each bunk.

I had a queen-sized upper bunk.
A tiny room with a white queen-sized bed beneath a wood shelf with a fan on the right and a small reading light above
Inside the author's bunk

Joey Hadden/Business Insider

I pulled the curtain at the top of the ladder to reveal a nook with a queen-sized bed, a reading light, a shelf, an outlet, and a fan.

It was a far cry from my 600-square-foot haven at Hotel Yellowstone, but I was pleasantly surprised to find that the bunk felt like a tiny room. The curtain blocked sound and light, giving me all the privacy I needed.

The mattress was a bigger surprise. Although a tad smaller, the Cache House bed was just as comfy and plush as Hotel Yellowstone's. With linen and wool bedding, I slept just as soundly and woke up just as refreshed.

Cache House doesn't have on-site amenities like a restaurant, a pool, or a fitness center, but there's plenty to do.
An intersection with streets lined with shops
An intersection in Downtown Jackson.

Joey Hadden/Business Insider

I certainly didn't expect my budget hostel stay to have additional amenities, but since it was centrally located in the walkable downtown area, I thought it didn't need to.

I had dinner nearby and spent the evening strolling around the town square, popping inside various boutiques.

Both accommodations gave me a taste of luxury, and I'd stay at both again.
Wood units with black roofs on the right of a hillside with mountains on the left
Hotel Yellowstone and surrounding views.

Joey Hadden/Business Insider

Hotel Yellowstone would be ideal for the retreat seeker who craves serenity in solitude.

An adventurer who wants to stay out all day sampling the food, shopping, and culture of Jackson Hole would likely have a better time at the centrally located Cache House.

They'd save a buck and still get a taste of luxury.

Read the original article on Business Insider

Elon Musk hasn't always been Trump's 'first buddy' — see how their relationship has evolved over the years

Elon Musk (left) and Donald Trump.
Donald Trump (right) on Tuesday escalated his feud with Elon Musk in a Truth Social post belittling the billionaire.

Andrew Kelly, Gaelen Morse/Reuters


  • Elon Musk and Donald Trump have had a tumultuous relationship over the years.
  • While the two traded barbs during Trump's first presidency, they're now political allies.
  • Trump officially added Musk to join his administration to help lead his DOGE effort, and Musk calls himself "first buddy."

Elon Musk and Donald Trump are now spending lots of time together, marking a new era of their working relationship.

The world's richest person and president-elect have become close political allies, with Musk calling himself "first buddy" following Trump's most recent victory and donating more than $200 million toward pro-Trump super PACs.

Trump tasked Elon Musk with recommending cost cuts in the federal government, appointing the Tesla CEO to the new Department of Government Efficiency council.

It wasn't always this cozy between the two billionaires, however.

Here's how they reached this point.

November 2016: Musk says Trump is 'not the right guy' for the job

Elon Musk

Yasin Ozturk/Getty Images

Just before the 2016 presidential election, Musk told CNBC he didn't think Trump should be president.Β 

"I feel a bit stronger that he is not the right guy. He doesn't seem to have the sort of character that reflects well on the United States," Musk said.Β 

The billionaire added that Hillary Clinton's economic and environmental policies were the "right ones."

December 2016: Musk appointed to Trump's advisory councils

President Donald Trump talks with Tesla and SpaceX CEO Elon Musk, center, and White House chief strategist Steve Bannon during a meeting with business leaders in the State Dining Room of the White House in Washington, Friday, Feb. 3, 2017.
Donald Trump on Tuesday escalated his feud with Elon Musk in a series of Truth Social posts belittling the billionaire.

Evan Vucci/AP Photo

After he won the presidency, Trump appointed Musk to two economic advisory councils, along with other business leaders like Uber CEO Travis Kalanick.Β 

Musk got flack for working with the controversial president, but defended his choice by saying he was using the position to lobby for better environmental and immigration policies.Β 

β€”Elon Musk (@elonmusk) February 3, 2017

June 2017: Musk cut ties with the White House in protest of Trump's environmental policies

Elon and Trump
Tesla and SpaceX CEO Elon Musk and former President Donald Trump

AP Photo/Alex Brandon

On June 1, 2017, after Trump announced the US would pull out of the Paris Agreement on climate change, Musk resigned from his roles on presidential advisory boards.Β 

"Climate change is real. Leaving Paris is not good for America or the world," Musk said in a tweet announcing his departure.

β€”Elon Musk (@elonmusk) June 1, 2017

Musk's goal for Tesla is to curb dependence on fossil fuels through electric vehicles, solar power, and stationary energy storage.Β 

January 2020: 'One of our great geniuses'

Trump
Former President Donald Trump speaks during a "Save America" rally in Anchorage, Alaska, on July 9, 2022.

Justin Sullivan/Getty Images

During a January 2020 interview with CNBC, Trump praised Musk's accomplishments and intelligence.Β 

"You have to give him credit," the former president said, referring to Tesla becoming more valuable than Ford and General Motors. "He's also doing the rockets. He likes rockets. And he's doing good at rockets too, by the way."Β 

Trump went on to call Musk "one of our great geniuses" and likened him to Thomas Edison.Β 

May 2020: Trump backs up Musk in feud with California covid rules

Elon Musk stands facing Donald Trump, whose
Elon Musk meets Donald Trump at NASA's Kennedy Space Center in Cape Canaveral, Florida, U.S. May 30, 2020.

REUTERS/Jonathan Ernst

As the pandemic gripped the US in early 2020, Musk clashed with California public-health officials who forced Tesla to temporarily shut down its factory there. Trump voiced his support for Musk.Β 

"California should let Tesla & @elonmusk open the plant, NOW," Trump tweeted in May 2020. "It can be done Fast & Safely!"

"Thank you!," Musk replied.Β 

May 2022: Musk said he would reinstate Trump's Twitter account

Tesla CEO Elon Musk sitting on stage at SXSW
Tesla CEO Elon Musk.

Chris Saucedo/Getty Images for SXSW

In May, Musk said he would unban Trump as the Twitter's new owner.Β 

Musk called the ban a "morally bad decision" and "foolish to the extreme" in an interview with the Financial Times. Twitter kicked Trump off of its platform following the January 6, 2021 attack on the US Capitol.Β 

The Tesla billionaire has called himself a "free speech absolutist," and one of hisΒ key goals for taking Twitter private was to loosen content moderation.Β 

July 2022: Trump calls Musk a 'bullshit artist'

Former US President Donald Trump speaks during a "Save America" in Anchorage, Alaska on July 9, 2022
Former US President Donald Trump speaks during a "Save America" in Anchorage, Alaska on July 9, 2022

Patrick T. Fallon/AFP via Getty Images

In July, Trump took aim at Musk, claiming the businessman voted for him but later denied it.Β 

"You know [Musk] said the other day 'Oh, I've never voted for a Republican,'" Trump said during a Saturday rally in Anchorage, Alaska. "I said 'I didn't know that.' He told me he voted for me. So he's another bullshit artist."

On Monday, Musk tweeted that Trump's claim was "not true."

July 2022: Musk says Trump shouldn't run again

Elon Musk co-founded PayPal after his startup X.com merged with Peter Thiel's Confinity.
Elon Musk.

Alexi Rosenfeld / Contributor / getty

Musk stopped short of attacking Trump personally, but said he shouldn't run for president again.Β 

"I don't hate the man, but it's time for Trump to hang up his hat & sail into the sunset. Dems should also call off the attack – don't make it so that Trump's only way to survive is to regain the Presidency," he tweeted.Β 

He continued: "Do we really want a bull in a china shop situation every single day!? Also, I think the legal maximum age for start of Presidential term should be 69." Trump is 76 years old.Β 

July 2022: Trump lashes out

Donald Trump
Former President Donald Trump gives the keynote address at the Faith and Freedom Coalition during their annual conference on June 17, 2022, in Nashville, Tennessee.

Seth Herald/Getty Images

Trump then went on the offensive, posting a lengthy attack on Musk on Truth Social, the social media company he founded.Β 

"When Elon Musk came to the White House asking me for help on all of his many subsidized projects, whether it's electric cars that don't drive long enough, driverless cars that crash, or rocketships to nowhere, without which subsidies he'd be worthless, and telling me how he was a big Trump fan and Republican, I could have said, 'drop to your knees and beg,' and he would have done it," Trump said in a post that criticized two of Musk's ventures, Tesla and the rocket company SpaceX.Β 

"Lmaooo," Musk responded on Twitter.

October 2022: Trump cheers Musk's Twitter deal, but says he won't return

Following Musk's official buyout of Twitter on Thursday, Trump posted to Truth Social cheering the deal.Β 

"I am very happy that Twitter is now in sane hands, and will no longer be run by Radical Left Lunatics and Maniacs that truly hate our country," he said. He added that he likes Truth Social better than other platforms, echoing comments from earlier this year in which he ruled out a return to Twitter.Β 

On Monday, Musk joked about the potential of welcoming the former president back to his newly acquired platform.

"If I had a dollar for every time someone asked me if Trump is coming back on this platform, Twitter would be minting money!," the Tesla CEO tweeted.Β 

May 2023: Musks hosts Florida Gov. Ron DeSantis' glitchy debut

Musk and other right-leaning voices in Silicon Valley initially supported Florida Gov. Ron DeSantis. DeSantis ended 2022 as Trump's best-positioned primary challenger. In November 2022, as DeSantis was skyrocketing to acclaim, Musk said he would endorse him. In March 2023, after enduring Trump's attacks for months, DeSantis prepared to make history by formally announcing his campaign in an interview on Twitter.

The initial few minutes were a glitchy disaster. Trump and his allies ruthlessly mocked DeSantis' "Space" with Musk and venture capitalist David Sachs. DeSantis' interview later proceeded, but his campaign was dogged for days with negative headlines.

Elon Musk livestreams during a 2023 visit to the US-Mexico border
Tesla CEO Elon Musk looks into his phone as his livestreams a visit to the US-Mexico border in Eagle Pass, Texas.

John Moore/Getty Images

September 2023: A Trump-style border wall is needed, Musk says

Musk live-streamed a visit to the US-Mexico border on Twitter, which he had rebranded as "X." Musk said that one of Trump's signature policies was necessary during his visit to Eagle Pass, Texas, to get a first-person look at what local officials called a crisis at the border.

"We actually do need a wall and we need to require people to have some shred of evidence to claim asylum to enter, as everyone is doing that," Musk wrote on X. "It's a hack that you can literally Google to know exactly what to say! Will find out more when I visit Eagle Pass maybe as soon as tomorrow."

Like Trump and others on the right, Musk had criticized the broader consensus in Washington for focusing too much on Russia's unprovoked war against Ukraine in comparison to domestic issues like migration.Β 

March 2024: Trump tries to woo Musk, but the billionaire says he won't give him money.

Trump tried to woo Musk during a meeting at the former president's Mar-a-Lago resort. According to The New York Times, Trump met with Musk and a few other GOP megadonors when the former president's campaign was particularly cash-strapped. After The Times published its report, Musk said he would not be "donating moneyΒ to either candidate for US President."Β 

It wasn't clear who Musk meant in terms of the second candidate. He had repeatedly criticized President Joe Biden, who looked poised to be headed toward a rematch with Trump.

July 2024: Musk endorses Trump after the former president is shot

Musk said he "fully endorsed" Trump after the former president was shot during a political rally ahead of the Republican National Convention. The billionaire's endorsement marked a major turning point in his yearslong political evolution from an Obama voter. Days later, it would come to light that Musk pressed Trump to select Ohio Sen. JD Vance as his running mate.

Trump announced Vance as his vice presidential pick at the Republican National Convention.

The ticket, Musk wrote on X, "resounds with victory."

It wasn't just his public support that Musk was offering. In July, the Wall Street Journal reported Musk had pledged roughly $45 million to support a pro-Trump super PAC. Musk later said he would donate far less, but his rebranding into a loyal member of the MAGA right was complete.

August 2024: Trump joins Musk for a highly anticipated interview

Trump, who ended the Republican National Convention primed for victory, stumbled after Biden abruptly dropped out of the 2024 race. The former president and his allies have struggled to attack Vice President Kamala Harris, now the Democratic presidential nominee.

Amid Harris' early media blitz, Trump joined Musk on a two-hour livestream on X that garnered an audience of over 1 million listeners. The conversation covered topics ranging from a retelling of Trump's assassination attempt to illegal immigration to Musk's potential role with a government efficiency commission.

In August, Trump began floating the idea that he "certainly would" consider adding Musk to his Cabinet or an advisory role. The Tesla CEO responded by tweeting an AI-generated photo of himself on a podium emblazoned with the acronym "D.O.G.E"β€”Department of Government Efficiency.

"I am willing to serve," he wrote above the image.

September 2024: Musk says he's ready to serve if Trump gives him an advisory role

In September, Trump softened the suggestion of Musk joining his Cabinet due to his time constraints with running his various business ventures, the Washington Post reported. However, he also said that Musk could "consult with the country" and help give "some very good ideas."

Musk then replied to a tweet about the Washington Post article expressing his enthusiasm.

"I can't wait. There is a lot of waste and needless regulation in government that needs to go," he wrote.

He later tweeted again to show his interest in being appointed by Trump, writing that he "looked forward to serving" the country and would be willing to do with without any pay, title, or recognition.

Trump is reportedly soon to announce that he has taken Musk's advice and is forming a government efficiency commission.

October 2024: Musk speaks at Trump rally in Butler, Pennsylvania

Elon Musk with former president Donald Trump
Elon Musk spoke at Donald Trump’s rally in Butler, Pennsylvania.

Photo by Anna Moneymaker/Getty Images

Musk joined Trump onstage during the former president's rally, hosted on October 5 in the same location where Trump survived an assassination attempt in July. Musk sported an all-black "Make America Great Again" cap and briefly addressed the crowd, saying that voter turnout for Trump this year was essential or "this will be the last election."Β 

"President Trump must win to preserve the Constitution," Musk said. "He must win to preserve democracy in America."

The next day, Musk's America PAC announced that it would be offering $47 to each person who refers registered voters residing in swing states to sign a petition "in support for the First and Second Amendments."

By October, the PAC had reportedly already spent over $80 million on the election, with over $8.2 million spread across 18 competitive House races for the GOP.Β 

The Tesla CEO later told former Fox News host Tucker Carlson that he might face "vengeance" if Trump loses the election.

November 2024: Trump wins the presidency and names Musk his administration

Donald Trump and Elon Musk at a UFC fight in New York City
Trump and Musk seen together at the UFC 309 event on November 16, 2024.

Chris Unger/Zuffa LLC

Musk was by Trump's side on election night at Mar-a-Lago, helping celebrate his victory.

Nearly a week after his 2024 presidential election win, Trump announced that Musk and businessman Vivek Ramaswamy were chosen to lead a newly minted Department of Government Efficiency (or DOGE, as Musk likes to call it, in reference to the meme-inspired cryptocurrency Dogecoin).

"Together, these two wonderful Americans will pay the way for my Administration to dismantle the Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies," Trump said in a statement.Β 

It's unclear whether the department will formally exist within the government, though Trump said the office would "provide advice and guidance from outside of Government" and work directly with the White House and Office of Management & Budget.

Musk responded in a post on X that the Department of Government Efficiency will be post all their actions online "for maximum transparency."Β 

"Anytime the public thinks we are cutting something important or not cutting something wasteful, just let us know!" Musk wrote. "We will also have a leaderboard for most insanely dumb spending of your dollars. This will be both extremely tragic and extremely entertaining."

Outside of administrative duties, Musk has also joined "almost every meeting and many meals that Mr. Trump has had," The New York Times reported, acting as a partial advisor and confidant. The Tesla CEO also reportedly joined Trump's calls with both Ukrainian President Volodymyr Zelenskyy and Turkish President Recep Tayyip Erdogan while both men were at the president-elect's Mar-a-Lago club, where Musk seems to have settled in.

"Elon won't go home," Trump told NBC News jokingly. "I can't get rid of him."Β 

The two's close relationship has extended to a more personal friendship. Musk was seen attending Trump's Thanksgiving dinner and on the golf course with Trump and his grandchildren, where Kai Trump said he achieved "uncle status."

Read the original article on Business Insider

I visited Scottsdale for the first time in the spring. I made 3 mistakes that I'm still thinking about months later.

5 December 2024 at 02:42
The author in a cowboy hat and sunglasses stands smiling in front of cacti and an adobe building in Scottsdale
Business Insider's reporter visited Scottsdale, Arizona, in the spring and made a few mistakes.

Joey Hadden/Business Insider

  • I traveled to Scottsdale and Paradise Valley, Arizona, for the first time in April.
  • The trip included neighborhood tours, fine dining, and luxury hotel stays.
  • I made a few mistakes, from booking to packing and planning, that I'll avoid next time I visit.

In April, I took my first trip to Arizona's desert oasis β€” the wealthy enclave of Scottsdale and Paradise Valley, two Phoenix suburbs known for their high-end real estate and travel markets.

During my two-day whirlwind trip, I packed in neighborhood tours, fine-dining experiences, and two luxury hotel stays.

Months later, I'm still thinking about three mistakes I made when booking, packing, and planning the trip, which I'll avoid next time I want to escape to Arizona's millionaire hub.

When planning my itinerary, I didn't realize how far apart some stops were.
A map of the greater Phoenix area has pins over the author's destinations
A map of the greater Phoenix area highlights the author's stops around Scottsdale and Paradise Valley.

Google Maps

When I mapped out my trip to Scottsdale, I didn't realize how large the town was.

Downtown Scottsdale, Paradise Valley, and Phoenix Sky Harbor International Airport are quite close together β€” 15 minutes or less by car, in my experience. However, I couldn't miss seeing the luxurious neighborhoods and fine dining in North Scottsdale.

When I booked my tours and reservations, I didn't realize North Scottsdale was about a 40-minute cab ride from the hub area.

I ended up traveling up and down Scottsdale multiple times a day. Next time, I'll plan to spend one full day in North Scottsdale to avoid wasting time and money on cabs.

When traveling to Scottsdale in the spring, I should have planned for dry, 90-degree Fahrenheit days.
The author stands on a balcony with pools, palm trees, and palm trees
The author regrets packing dark-colored clothing.

Joey Hadden/Business Insider

For my spring trip to Scottsdale, I expected it to be warm, as the area is known to be throughout the year. So, I packed some cooling, quick-dry attire, like the Under Armour polo above, paired with pants made from a similar material.

It was warmer than I anticipated, and this dark navy outfit made me feel like a magnet to the sun.

The outfit was comfortable in the morning and evening, but I would have packed lighter-colored clothing if I had known I'd be battling 90-degree heat in the afternoons.

I also didn't realize that the heat in Scottsdale would feel drastically drier to me compared to the air I'm used to back home in New York.

I thought I could easily walk around all day in Scottsdale. I planned to spend most daylight hours exploring outdoors and walking from neighborhood to neighborhood. But I got dehydrated easily and ran through my 20-ounce plastic water bottle quickly.

Next time I visit Scottsdale in the spring, I'll pack a larger, insulated water bottle and break up outdoor activities in my itinerary with indoor ones to stay cool and hydrated.

Booking just one night in a mega-resort was my biggest regret.
A resort with pools and palm trees in front of a mountain with blue skies in the background
The pool complex at the Phoenician in Scottsdale.

Joey Hadden/Business Insider

Since I spent two nights in Scottsdale and Paradise Valley, I booked one night in each town.

I stayed atΒ the Phoenician in Scottsdale, a 600-acre mega-resort with five pools, a three-story spa, and an 18-hole golf course.

I didn't save enough time in my itinerary for hanging out at the hotel.

I spent most of the day out and about, and by the time I got back to the Phoenician, I was too tired to sit down at the award-winning lobby bar or step into one of the pools.

Before I checked out in the morning, I had just enough time to explore the entire property on foot. I watched others play golf, tennis, and pickleball and longed for another night. This ended up being my biggest regret of the trip because I left feeling like I'd missed out.

After my stay, I realized that a mega-resort is worth the price only if I take advantage of all it has to offer. Since my trip was more about exploring Scottsdale than relaxing, there simply wasn't enough downtime to make it worth booking for just one night.

After getting a preview of the Phoenician's amenities, I'd love to stay again for at least two nights and plan to spend many waking hours there.

Read the original article on Business Insider

Shein, semaglutide, and 8 other words people mispronounced the most in 2024

The exterior of the Shein Activation at the Shein VIP party during Parklife Festival at Heaton Park on June 8, 2024 in Manchester, England.
A Shein Activation in England earlier this year. The fast-fashion brand is pronounced "SHE-in."

Anthony Devlin/Getty Images for Shein

  • This year brought us another slate of words to butcher in the popular discourse.
  • Fast-fashion company Shein and Ozempic's active ingredient, semaglutide, both made the list.
  • Here are the top 10 most mispronounced words that dominated conversations this year, according to Babbel.

It's "SHE-in" β€” not "sheen."

2024 brought us another year of mispronounced names and words in the popular discourse, from brands to popular medicine to politicians and high-profile celebrities.

Since 2016, the closed-captioning company The Captioning Group has compiled the list on behalf of the language platform Babbel, bringing together all the terms that newscasters, politicians, and public figures struggled to pronounce correctly on TV.

Esteban Touma, a linguistic and cultural expert at Babbel, told Business Insider this year's words were a snapshot of the political, cultural, and musical zeitgeist.

Ready to test your pronunciation chops?

In no particular order, here are the top 10 most mispronounced words of the year, according to Babbel's report.

Semaglutide
Box of semaglutide injectables
Semaglutide is the active ingredient in Ozempic.

Peter Hansen/Getty Images

There is more to the hype surrounding semaglutide, the active ingredient of the weight loss medication Ozempic, than just its effects.

For those unfamiliar with the antidiabetic medication, pronouncing it can be a challenge.

Pronunciation: sem-ah-GLOO-tide

Pete Buttigieg
Pete Buttigieg
Secretary of Transportation Pete Buttigieg was one of the face's of the Democrats' efforts to win voters for Harris.

Liu Jie/Xinhua via Getty Images

The transportation secretary and former mayor of South Bend, Indiana, was one of the Democrats' most articulate spokespeople when he took over the airwaves and tried to appeal to swing voters and moderates for Harris.

He's also been known to spar with Elon Musk online.

Pronunciation: peet BOOD-ih-judge

Shein
A girl unwraps a black Shein skirt
Shein and other fast fashion companies have come under scrutiny for poor product quality and poor working conditions.

Rodrigo Arangua/AFP via Getty Images

The name of the fast fashion company Shein is frequently mispronounced as "Sheen." The company is reportedly planning to debut on the London Stock Exchange early next year.

Pronunciation: SHE-in

Kamala Harris
Kamala Harris
The first part of Kamala Harris' name is pronounced like "comma."

Tom Williams/Getty Images

Vice President Kamala Harris has often seen her name being mispronounced, most recently in the run-up to the November 2024 presidential election.

Her nieces, Amara and Leela, helped set the record straight onstage at the DNC in August.

"It's like a comma in a sentence," explained Amara. "Then you say 'la,' like 'la la la,'" added Leela.

Pronunciation: COM-a-la HAR-iss

Zendaya
Zendaya at the 2024 Gotham Awards at Cipriani Wall Street in New York City. on December 2, 2024.
Zendaya recently starred in "Challengers" and the second "Dune" film.

Taylor Hill/WireImage

Actress Zendaya starred as tennis prodigy Tashi Duncan in "Challengers" and as Chani in "Dune: Part II." Her name is frequently mispronounced "Zen-DIE-a."

Pronunciation: Zen-DAY-a

Chappell Roan
Chappell Roan wears a sparkly pink cowboy hat in a portrait photo.
Chappell Roan's "Good Luck, Babe!" was a hit this year.

Mary Mathis for The Washington Post via Getty Images)

Pop singer Chappell Roan had a breakout year in 2024.

She has humorously called out those who said [SHA-pel ROW-an] during a live performance, making it clear that it's actually [CHAP-uhl], which sounds like chapel, and [ROHN], which rhymes with tone.

Pronunciation: CHAP-uhl ROHN

SPECULOOS-3b
artist's visualization of Speculoos-3 b exoplanet
An artist's visualization of the Speculoos-3 b exoplanet.

NASA

SPECULOOS-3b is an Earth-sized exoplanet that orbits a red dwarf that captured global attention in May when astronomers announced its discovery at a distance of 55 light-years.

Pronunciation: SPEK-yuh-lohss three bee

Phryge
A performer wearing a "Phryge" Olympic mascot costume performs during a parade of French athletes who competed in the Paris 2024 Olympic and Paralympic Games on the Champs-Elysees avenue in Paris on September 14, 2024.
A performer wearing a "Phryge" Olympic mascot costume performs during a parade of French athletes who competed in the Paris 2024 Olympic and Paralympic Games on the Champs-Elysees avenue in Paris on September 14, 2024.

Andre PAIN / POOL / AFP

The phryge, the mascot of theΒ Paris 2024 Olympics and Paralympics, was chosen as a symbol of freedom and to represent allegorical figures of the French Republic.

Pronunciation: FREE-je

Barry Keoghan
Barry Keoghan attends the 2024 Golden Globes.
Barry Keoghan attends the 2024 Golden Globes.

Amy Sussman/Getty Images

The Irish actor rose to prominence for his role in Emerald Fennell's "Saltburn" last year, though Sabrina Carpenter fans will also know him as the pop singer's boyfriend.

Though the letter "G" is often silent in Irish names, Keoghan's last name has a distinct "G" sound.

Pronunciation: BARR-ee key-OH-gin

Dutch Kooikerhondje
Nederlandse Kooikerhondje
The breed has brightly spotted fur and floppy ears.

Shutterstock

Shohei Ohtani's dog, a Dutch Kooikerhondje, "threw" the first pitch at a game at Dodger Stadium after the Dodgers' pitcher signed a historic 10-year, $700 million deal with the MLB team.

Pronunciation: COY-ker-HUND-che

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Elon Musk and Sam Altman cofounded OpenAI, but now they're locked in a legal battle. Here's the history of their working relationship and feud.

OpenAI CEO Sam Altman and Elon Musk
OpenAI CEO Sam Altman and Elon Musk aimed to create a nonprofit focused on developing AI.

Getty

  • Elon Musk helped found OpenAI, but he has frequently criticized it in recent years.
  • Musk filed a lawsuit against OpenAI in August and just amended it to include Microsoft.Β 
  • Here's a history of Musk and Altman's working relationship.

Elon Musk and Sam Altman lead rival AI firms and now take public jabs at each other β€” but it wasn't always like this.

Years ago, the two cofounded OpenAI, which Altman now leads. Musk departed OpenAI, which created ChatGPT, in 2018, and recently announced his own AI venture, xAI.

There is enough bad blood that Musk sued OpenAI and Altman, accusing them in the suit of betraying the firm's founding principles, before dropping the lawsuit. The billionaire then filed a new one a few months later, claiming he was "deceived" into confounding the company. In November, he amended it to include Microsoft as a defendant, and his lawyers accused the two companies of engaging in monopolistic behavior. Microsoft is an investor in OpenAI.

Two weeks later, Musk's lawyers filed a motion requesting a judge to bring an injunction against OpenAI that would block it from dropping its nonprofit status. In the filing, Musk accused OpenAI and Microsoft of exploiting his donations to create a for-profit monopoly.

Here's a look at Musk and Altman's complicated relationship over the years:

Musk and Altman cofounded OpenAI, the creator of ChatGPT, in 2015, alongside other Silicon Valley figures, including Peter Thiel, LinkedIn cofounder Reid Hoffman, and Y Combinator cofounder Jessica Livingston.
OpenAI CEO Sam Altman and Elon Musk
OpenAI CEO Sam Altman and Elon Musk aimed to create a nonprofit focused on developing AI.

Getty

The group aimed to create a nonprofit focused on developing artificial intelligence "in the way that is most likely to benefit humanity as a whole," according to a statement on OpenAI's website from December 11, 2015.

At the time, Musk said that AI was the "biggest existential threat" to humanity.
Elon Musk, the owner of Twitter, is pushing for a harder-driving culture at the company.
Musk said AI was the "biggest existential threat" to humanity.

Carina Johansen/Getty Images

"It's hard to fathom how much human-level AI could benefit society, and it's equally hard to imagine how much it could damage society if built or used incorrectly," a statement announcing the founding of OpenAI reads.

Musk stepped down from OpenAI's board of directors in 2018.
Elon Musk greets onlookers with both hands waving, at the 2022 Met Gala
OpenAI said in a blog post that Musk stepping down would "eliminate" a potential conflict with Tesla.

Gilbert Carrasquillo/GC Images

"As Tesla continues to become more focused on AI, this will eliminate a potential future conflict for Elon," OpenAI said in a blog post at the time, adding that Musk would continue to provide guidance and donations.

With his departure, Musk also backed out of a commitment to provide additional funding to OpenAI, a person involved in the matter told The New Yorker.

"It was very tough," Altman told the magazine of the situation. "I had to reorient a lot of my life and time to make sure we had enough funding."

It was reported that Sam Altman and other OpenAI cofounders had rejected Musk's proposal to run the company in 2018.
OpenAI's Sam Altman
Sam Altman and other OpenAI cofounders reportedly rejected Musk's proposal to run the company.

JASON REDMOND/AFP via Getty Images

Semafor reported in 2023 that Musk wanted to run the company on his own in an attempt to beat Google. But when his offer to run the company was rejected, he pulled his funding and left OpenAI's board, the news outlet said.

In 2019, Musk shared some insight on his decision to leave, saying one of the reasons was that he "didn't agree" with where OpenAI was headed.
Elon Musk
Musk said he "didn't agree" with where OpenAI was headed.

Susan Walsh/AP

"I had to focus on solving a painfully large number of engineering & manufacturing problems at Tesla (especially) & SpaceX," he tweeted. "Also, Tesla was competing for some of same people as OpenAI & I didn't agree with some of what OpenAI team wanted to do. Add that all up & it was just better to part ways on good terms."

Musk has taken shots at OpenAI on several occasions since leaving.
Elon Musk making a grimace and pointing a finger.
Musk said he didn't have high confidence in Dario Amodei for safety.

Frederic Brown/Getty Images

Two years after his departure, Musk said, "OpenAI should be more open" in response to an MIT Technology Review article reporting that there was a culture of secrecy there, despite OpenAI frequently proclaiming a commitment to transparency.

Musk also added that his "confidence in Dario for safety is not high," referring to Dario Amodei, who led OpenAI's strategy at the time.

In December 2022, days after OpenAI released ChatGPT, Musk said the company had prior access to the database of Twitter β€” now owned by Musk β€” to train the AI chatbot and that he was putting that on hold.
ChatGPT
Musk said OpenAI had had access to Twitter's database.

Getty Images

"Need to understand more about governance structure & revenue plans going forward. OpenAI was started as open-source & non-profit. Neither are still true," he said.

Musk was reportedly furious about ChatGPT's success, Semafor reported in 2023.
Elon Musk
OpenAI launched ChatGPT in November 2022.

Bill Pugliano/Getty Images

In November 2022, the chatbot took off and garnered millions of users for its ability to do everything from write essays to craft basic code.Β 

In February 2023, Musk doubled down, saying OpenAI as it exists today is "not what I intended at all."
L-R) Tesla Motors CEO and Product Architect Elon Musk and Y Combinator President Sam Altman speak onstage during "What Will They Think of Next? Talking About Innovation" at the Vanity Fair New Establishment Summit at Yerba Buena Center for the Arts on October 6, 2015 in San Francisco, California.
Musk said OpenAI didn't turn out as he intended.

Michael Kovac/Getty Images for Vanity Fair

"OpenAI was created as an open source (which is why I named it "Open" AI), non-profit company to serve as a counterweight to Google, but now it has become a closed source, maximum-profit company effectively controlled by Microsoft. Not what I intended at all," he said in a tweet.

Musk repeated this assertion a month later.

"I'm still confused as to how a non-profit to which I donated ~$100M somehow became a $30B market cap for-profit. If this is legal, why doesn't everyone do it?" he tweeted.

Musk was one of more than 1,000 people who signed an open letter calling for a six-month pause on training advanced AI systems.
Elon Musk attends The 2022 Met Gala.
Musk signed an open letter calling for a six month pause on training advanced AI systems.

Dimitrios Kambouris/Getty Images

The March 2023 letter, which also received signatures from several AI experts, cited concerns about AI's potential risks to humanity.

"Powerful AI systems should be developed only once we are confident that their effects will be positive and their risks will be manageable," the letter says.

But while he was publicly calling for the pause, Musk was quietly building his own AI competitor, xAI, The New Yorker reported in 2023. He launched the company in March 2023.

Altman has addressed some of Musk's gripes about OpenAI.
Sam Altman speaks at TechCrunch Disrupt NY 2014 - Day 1 on May 5, 2014 in New York City.
Altman has responded to some of the claims Musk has made about OpenAI.

Brian Ach/Getty Images for TechCrunch

"To say a positive thing about Elon, I think he really does care about a good future with AGI," Altman said last year on an episode of the "On With Kara Swisher" podcast, referring to artificial general intelligence.

"I mean, he's a jerk, whatever else you want to say about him β€” he has a style that is not a style that I'd want to have for myself," Altman told Swisher. "But I think he does really care, and he is feeling very stressed about what the future's going to look like for humanity."Β 

In response to Musk's claim that OpenAI has turned into "a closed source, maximum-profit company effectively controlled by Microsoft," Altman said on the podcast, "Most of that is not true, and I think Elon knows that."

Altman has also referred to Musk as one of his heroes.
Sam Altman, president of Y Combinator and co-chairman of OpenAI, attends the annual Allen & Company Sun Valley Conference, July 8, 2016 in Sun Valley, Idaho. Every July, some of the world's most wealthy and powerful businesspeople from the media, finance, technology and political spheres converge at the Sun Valley Resort for the exclusive weeklong conference.
Altman has referred to Musk as one of his heroes.

Drew Angerer/Getty

In a March 2023 episode of Lex Fridman's podcast, Altman also said, "Elon is obviously attacking us some on Twitter right now on a few different vectors."

Nonetheless, he called Musk one of his heroes, adding, "I believe he is, understandably so, really stressed about AGI safety."

In a May 2023 talk at University College London, Altman was asked what he's learned from various mentors, Fortune reported. He answered by speaking about Musk.

"Certainly learning from Elon about what is just, like, possible to do and that you don't need to accept that, like, hard R&D and hard technology is not something you ignore, that's been super valuable," he said.

Musk has since briefly unfollowed Altman on Twitter before following him again; separately, Altman later poked fun at Musk's claim to be a "free speech absolutist."
sam altman wearing a black t shirt, black jacket, grey pants and sunglasses
Musk briefly unfollowed Altman on Twitter before following him again.

Kevin Dietsch/Getty Images

Twitter took aim at posts linking to rival Substack in 2023, forbidding users from retweeting or replying to tweets containing such links, before reversing course. In response to a tweet about the situation, Altman tweeted, "Free speech absolutism on STEROIDS."

Musk has called himself a "free speech absolutist" before and said it's one of the reasons he bought Twitter, now X.

Altman joked that he'd watch Musk and Mark Zuckerberg's rumored cage fight.
Sam Altman
Altman joked about watching Musk and Mark Zuckerberg's cage fight.

Issei Kato/Reuters

"I would go watch if he and Zuck actually did that," he said at the Bloomberg Technology Summit in June 2023, though he said he doesn't think he would ever challenge Musk in a physical fight.

Altman also repeated several of his previous remarks about Musk's position on AI.

"He really cares about AI safety a lot," Altman said at Bloomberg's summit. "We have differences of opinion on some parts, but we both care about that and he wants to make sure we, the world, have the maximal chance at a good outcome."

Separately, Altman told The New Yorker in August 2023 that Musk has a my-way-or-the highway approach to issues more broadly.

"Elon desperately wants the world to be saved. But only if he can be the one to save it," Altman said.

Β 

Musk first sued Altman and OpenAI in March 2024.
Elon Musk Sam Altman
Musk has since dropped the original lawsuit against OpenAI.

Slaven Vlasic, Andrew Caballero-Reynolds/Getty Images

He first sued OpenAI, Altman, and cofounder Greg Brockman in March, alleging the company's direction in recent years has violated its founding principles.

His lawyers alleged OpenAI "has been transformed into a closed-source de facto subsidiary of the largest technology company in the world" and is "refining an AGI to maximize profits for Microsoft, rather than for the benefit of humanity."

In response, OpenAI called the lawsuit "incoherent" and "contradictory,"Β suggesting Musk was jealous of the company's success without him.

A few months later, Musk withdrew the lawsuit, a day before a judge was set to consider the future of the case in a hearing.

Musk sued OpenAI again in August 2024, this time claiming he was "deceived" into cofounding the company.
side by side of Elons Musk and Sam Altman
Elon Musk appeared to take aim at Sam Altman after the departure of one of OpenAI's most-prominent executives.

Marc Piasecki; Justin Sullivan/ Getty Images

Musk filed a new lawsuit in August against Altman and cofounder Greg Brockman, who recently left the company for three months and returned a couple of days ago.

The lawsuit alleges that OpenAI executives played on Musk's concerns about the existential risks of AI and "assiduously manipulated" him into cofounding the company as a nonprofit. The intent of the company was to focus on building AI safely in an open approach to benefit humanity, the lawsuit says.

The company has since decided to take a for-profit approach.

OpenAI responded to the lawsuit by stating that "Elon's prior emails continue to speak for themselves."

The emails, which were published by OpenAI in March, show correspondence between Musk and OpenAI executives that indicated he supported a pivot to a for-profit model and was open to merging the AI startup with Tesla.Β 

Musk expanded his beef with OpenAI to include Microsoft, accusing the two of constituting a monopoly
Microsoft CEO Satya Nadella wearing a suit and tie against an orange background.
Musk added Microsoft as a defendant in the lawsuit against OpenAI.

Getty Images

Musk amended the lawsuit against OpenAI in November to include Microsoft as a defendant. He also named Reid Hoffman, who serves as a Microsoft board member and former OpenAI board member, as a defendant.

The billionaire called OpenAI's partnership with Microsoft a "de facto merger" and accused the two of anti-competitive practices, such as engaging in "lavish compensation."Β Musk's lawyers said the two companies "possess a nearly 70% share of the generative AI market."

"OpenAI has attempted to starve competitors of AI talent by aggressively recruiting employees with offers of lavish compensation, and is on track to spend $1.5 billion on personnel for just 1,500 employees," lawyers for Musk said in the complaint.Β 

Two weeks later, Musk filed a motion asking a judge to prevent OpenAI from dropping its nonprofit status.
Sam Altman on the left, OpenAI logo displayed on a phone screen and Elon Musk on the right
Elon Musk sued OpenAI in March but dropped the lawsuit in June.

Anadolu

Musk filed a complaint to Judge Yvonne GonzalezΒ Rogers of the US District Court for the Northern District of California, arguing that OpenAI and Microsoft exploited his donations to OpenAI as a nonprofit to build a monopoly "specifically targeting xAI." In the filing, Musk's lawyers said OpenAI engaged in anticompetitive behaviors and wrongfully shared information with Microsoft.

If granted by the judge, the injunction could cause issues with OpenAI's partnership with Microsoft and prevent it from becoming a for-profit company.

As Musk's influence on US policy grows, his feud with Altman hangs in the balance.
Donald Trump and Elon Musk stand
Donald Trump and Elon Musk grew close during the presidential race.

Getty Images

As President-elect Donald Trump's self-proclaimed "First Buddy," Musk's power and influence on the US economy could increase even further over the next four years. In addition to being a right-hand-man to Trump, he'll lead the new Department of Government Efficiency with biotech billionaire Vivek Ramaswamy.

Musk hasn't been quiet about his disdain for Altman post-election. He dubbed the OpenAI cofounder "Swindly Sam" in an X post on November 15. The Wall Street Journal reported that Musk "despises" Altman, according to people familiar.

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Meet Bill Gates' kids Jennifer, Rory, and Phoebe: From a pediatrician to a fashion startup cofounder

Bill Gates Melinda
Bill Gates has three children with Melinda French Gates, his ex-wife, and now has his first grandchild as well.

Mark J. Terrill/AP Images

  • Bill Gates, the Microsoft cofounder, shares three kids with his ex-wife Melinda French Gates.
  • They include a recent med school graduate and a fashion startup cofounder.
  • Here's what we know about the children of one of the world's richest men.

Bill Gates' story is a quintessential example of the American entrepreneurial dream: A brilliant math whiz, Gates was 19 when he dropped out of Harvard and cofounded Microsoft with his friend Paul Allen in 1975.

Β Nearly 50 years later, Gates' net worth of $131 billion makes him one of the richest and most famous men on Earth, per Forbes. He stepped down from Microsoft's board in 2020 and has cultivated his brand of philanthropy with the Gates Foundation β€” a venture he formerly ran with his now ex-wife Melinda French Gates, who resigned in May.Β 

Even before founding one of the world's most valuable companies, Gates' life was anything but ordinary. He grew up in a well-off and well-connected family, surrounded by his parents' rarefied personal and professional network. Their circle included a Cabinet secretary and a governor of Washington, according to "Hard Drive," the 1992 biography of Gates by James Wallace and Jim Erickson. (Brock Adams, who went on to become the transportation secretary in the Carter administration, is said to have introduced Gates' parents.)

His father, William Gates Sr., was a prominent corporate lawyer in Seattle and the president of the Washington State Bar Association.

His mother, Mary Gates, came from a line of successful bankers and sat on the boards of important financial and social institutions, including the nonprofit United Way. It was there, according to her New York Times obituary, that she met the former IBM chairman John Opel β€” a fateful connection thought to have led to IBM enlisting Microsoft to provide an operating system in the 1980s.

"My parents were well off β€” my dad did well as a lawyer, took us on great trips, we had a really nice house," Gates said in the 2019 Netflix documentary "Inside Bill's Brain."

"And I've had so much luck in terms of all these opportunities."

Despite his very public life, his three children with French Gates β€” Jennifer, Rory, and Phoebe β€” largely avoided the spotlight for most of their upbringing.Β 

Like their father, the three Gates children attended Seattle's elite Lakeside School, a private high school that has been recognized for excellence in STEM subjects β€” and that received a $40 million donation from Bill Gates in 2005 to build its financial aid fund. (Bill Gates and Paul Allen met at Lakeside and went on to build Microsoft together.)

But as they have become adults, more details have emerged about their interests, professions, and family life.Β 

While they have chosen different career paths, all three children are active in philanthropy β€” a space in which they will likely wield immense influence as they grow older. While Gates has reportedly said that he plans to leave each of his three children $10 millionΒ β€” a fraction of his fortune β€” they may inherit the family foundation, where most of his money will go.

Here's all we know about the Gates children.

Gates and his children did not respond to requests for comment for this story.

Jennifer Gates Nassar
Jennifer Gates and Bill Gates
Jennifer Gates and Bill Gates at the Paris Olympic Games.

Jean Catuffe/Getty Images

Jennifer Gates Nassar, who goes by Jenn, is the oldest of the Gates children at 28 years old.

A decorated equestrian, Gates Nassar started riding horses when she was six. Her father has shelled out millions of dollars to support her passion, including buying a California horse farm for $18 million and acquiring several parcels of land in Wellington, Florida, to build an equestrian facility.

In 2018, Gates Nassar received her undergraduate degree in human biology from Stanford University, where a computer science building was named for her father after he donated $6 million to the project in 1996.

She then attended the Icahn School of Medicine at Mount Sinai, from which she graduated in May. She will continue at Mt. Sinai for her residency in pediatric research. During medical school, she also completed a Master's in Public Health at Columbia University β€” perhaps a natural interest given her parents' extensive philanthropic activity in the space.

"Can't believe we've reached this moment, a little girl's childhood aspiration come true," she wrote on Instagram. "It's been a whirlwind of learning, exams, late nights, tears, discipline, and many moments of self-doubt, but the highs certainly outweighed the lows these past 5 years."

In October 2021, she married Egyptian equestrian Nayel Nassar. In February 2023, reports surfaced that they bought a $51 million New York City penthouseΒ with six bedrooms and a plunge pool. The next month, they welcomed their first child, Leila, and in October, Gates Nassar gave birth to their second daughter, Mia.

"I'm over the moon for you,Β @jenngatesnassarΒ andΒ @nayelnassarβ€”and overjoyed for our whole family," Bill Gates commented on the Instagram post announcing Mia's birth.

In a 2020 interview with the equestrian lifestyle publication Sidelines, Gates Nassar discussed growing up wealthy.

"I was born into a huge situation of privilege," she said. "I think it's about using those opportunities and learning from them to find things that I'm passionate about and hopefully make the world a little bit of a better place."

She recently posted about visiting Kenya, where she learned about childhood health and development in the country.

Rory John Gates
melinda and rory gates
Rory Gates, the least public of the Gates children, has reportedly infiltrated powerful circles of Washington, D.C.

Photo by Tasos Katopodis/Getty Images

Rory John Gates, who is in his mid-20s, is Bill Gates and Melinda French Gates' only son and the most private of their children. He maintains private social media accounts, and his sisters and parents rarely post photos of him.

His mother did, however, write an essay about him in 2017. Titled "How I Raised a Feminist Son," she describes as a "great son and a great brother" who "inherited his parents' obsessive love of puzzles."

In 2022, he graduated from the University of Chicago, where, based on a photo posted on Facebook, he appears to have been active in moot court. At the time of his graduation, Jennifer Gates Nassar wrote that he had achieved a double major and master's degree.

Little is publicly known about what the middle Gates child has been up to since he graduated, but a Puck report from last year gave some clues, saying that he is seen as a "rich target for Democratic social-climbers, influence-peddlers, and all variety of money chasers." According to OpenSecrets, his most recent public giving was to Nikki Haley last year.

The same report says he works as a congressional analyst while also completing a doctorate.

Phoebe Gates
Melinda French Gates and Phoebe Gates
Melinda Gates and Phoebe Gates.

John Nacion/Variety

Phoebe Gates, 22, is the youngest of the Gates children.

After graduating from high school in 2021, she followed her sister to Stanford. She graduated in June after three years with a Bachelor of Science in Human Biology. Her mom, Melinda French-Gates, delivered the university's commencement address.

In a story that Gates wrote for Nylon about her graduation day, she documented her graduation day, including a party she cohosted that featured speeches from her famous parents and a piggyback ride from her boyfriend Arthur Donald β€” the grandson of Sir Paul McCartney.

She has long shown an interest in fashion, interning at British Vogue and posting on social media from fashion weeks in Copenhagen, New York, and Paris. Sustainability is often a theme of her content, which highlights vintage and secondhand storesΒ and celebrates designers who don't use real leather and fur.

That has culminated in her cofounding Phia, a sustainable fashion tech platform that launched in beta this fall. The site and its browser extension crawl secondhand marketplaces to find specific items in an effort to help shoppers find deals and prevent waste.

Gates shares her parents' passion for public health. She's attended the UN General Assembly with her mother and spent time in Rwanda with Partners in Health, a nonprofit that has received funding from the Gates Foundation.

Like her mother, Gates often publicly discusses issues of gender equality, including in essays for Vogue and Teen Vogue, at philanthropic gatherings, and on social media, where she frequently posts about reproductive rights.

She's given thousands to Democrats and Democratic causes, including to Michigan governor Gretchen Whitmer and the Democratic Party of Montana, per data from OpenSecrets. According to Puck, she receives a "giving allowance" that makes it possible for her to cut the checks.

Perhaps the most public of the Gates children β€” she's got over 450,000 Instagram followers and a partnership with Tiffany & Co. β€” she's given glimpses into their upbringing, including strict rules around technology. The siblings were not allowed to use their phones before bed, she told Bustle, and to get around the rule, she created a cardboard decoy.

"I thought I could dupe my dad, and it worked, actually, for a couple nights," she told the outlet earlier this year. "And then my mom came home and was like, 'This is literally a piece of cardboard you're plugging in. You're using your phone in your room.' Oh, my gosh, I remember getting in trouble for that."

It hasn't always been easy being Gates's daughter. In the Netflix documentary "What's Next? The Future With Bill Gates," she said she lost friends because of a conspiracy theory suggesting her father used COVID-19 vaccines to implant microchips into recipients.

"I've even had friends cut me off because of these vaccine rumors," she said.

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See how different Elon Musk, Jeff Bezos, and other tech CEOs looked when they first started their companies

1 December 2024 at 03:53
side-by-side of Elon Musk in PayPal's early days in 1999 and then in 2024
Elon Musk today runs several more companies than he did in 1999, when the photo on the left was taken.

AP / Richard Bord/WireImage via Getty Images

  • Some of Silicon Valley's biggest names are in their tech bro era.
  • It wasn't always like this β€” many Big Tech CEOs have shed more nerdy personas from their startup days.
  • Here's a look at tech's most influential executives then and now.

Mark Zuckerberg isn't the only tech CEO whose style evolved over the years.

Other Big Tech leaders have significantly changed up their looks since starting their companies; some are nearly unrecognizable (remember the Jeff-Bezos-is-jacked memes?)

Here's a look at the style transformations of some of tech's biggest names:

Jeff Bezos
A photo collage of Jeff Bezos in 1994 next to a photo of him in 2023
Amazon has come a long way from just selling books, and its founder, Jeff Bezos, is also very different today.

Getty Images

Bezos founded Amazon from his garage in Bellevue, Washington, in 1994. Decades later, gone are the photoshoots where he's posing with a softcover while looking bookish.

Now, he's gained pounds of muscle and changed his clothing style. He attributes his new look partly to working out with a celebrity personal trainer and changing his diet.

Mark Zuckerberg
side-by-side of Mark Zuckerberg in 2004 and 2024
Zuckerberg is currently in the T shirt-and-chain era of his fashion evolution.

Rick Friedman / Mark Zuckerberg on Instagram

Meta CEO Mark Zuckerberg started Facebook from his dorm room at Harvard in 2004.

Zuck, who famously wore the same thing every day to save brainpower for more important decisions, has said goodbye to that era. Instead, Zuck can now be seen sporting graphic tees and chain necklaces.

Like Bezos, he's also gotten more fit. Part of Zuckerberg's physical transformation stems from hobbies like Brazilian jiu-jitsu and MMA fighting.

Michael Dell
side-by-side image of Michael Dell in 1984 and 2024
Dell founded his company, initially called PC's Limited, in 1984 while still a student at the University of Texas in Austin.

Dell / Errich Petersen/SXSW Conference & Festivals via Getty Images

Dell is another member of the college dropouts-turned-tech founders club. He started his company while still enrolled at the University of Texas at Austin.

While you probably won't catch him rocking a t-shirt to a professional event, he's appeared to prefer to drop the glasses since then.

Larry Page and Sergey Brin
side-by-side of Google founders Larry Page and Sergey Brin in Google's early days and today
Larry Page and Sergey Brin founded Google in 1998.

Kim Kulish/Corbis via Getty Images / Getty

Larry Page and Sergey Brin founded Google in 1998. They met as students at Stanford and built Google from a garage they rented from the late Susan Wojcicki, who was later YouTube's CEO.

Elon Musk
side-by-side of Elon Musk in PayPal's early days in 1999 and then in 2024
Elon Musk today runs several more companies than he did in 1999, when the photo on the left was taken.

AP / Richard Bord/WireImage via Getty Images

The photo at left shows Musk in 1999, around the time the "PayPal mafia" was formed.

Musk has said he doesn't care for exercise and "almost never" works out, though he's credited fasting and the weight loss drug Wegovy with his appearance today.

Bill Gates
side-by-side image of Bill Gates in 1977 and 2024
Fun fact: The photo on the left is actually Gates' mugshot from when he got a speeding ticket without his license in 1977.

Oklahoma County Sheriff's Department/Getty Images / CHRIS JACKSON/POOL/AFP via Getty Images

Gates and the late Paul Allen cofounded Microsoft from a garage in Albuquerque, New Mexico, in 1975.

Gates left Microsoft's board in 2020 and today spends more of his time focused on the philanthropic foundation he started with his now-ex-wife, Melinda French Gates.

Half a century later, he's still rocking glasses β€” with some different frames.

Jack Dorsey
side-by-side image of Twitter cofounder Jack Dorsey in 2007 and 2021
Dorsey has been sporting a beard in the years since he stepped down as CEO of Twitter in 2021.

Kara Andrade/AFP via Getty Images / Joe Raedle/Getty

Twitter was founded in 2006. Cofounder Jack Dorsey has been seen with a full beard pretty regularly since departing as CEO and focusing his efforts more on cryptocurrency at Block, formerly Square.

Richard Branson
side-by-side image of Virgin Group founder Richard Branson in 1969 and 2023
At left is Richard Branson in 1969, one year before he started the Virgin brand.

PA Images via Getty Images / Brendon Thorne/Getty Images

Richard Branson started the Virgin brand in 1970 with a mail-order record business.

At 73 years old today, Branson's day-to-day life still features plenty of exercise, from tennis and cycling to kite-surfing. As such, he's usually sporting a tan.

Jack Ma
side-by-side image of Alibaba founder Jack Ma in 2003 and 2020
New photos of Ma are scarce as he's been out of the limelight in recent years.

Liang Zhen/WireImage / Liu Yang/VCG via Getty Images

Alibaba Group founder Jack Ma disappeared from public view in 2020 after criticizing China's financial regulation system.

He resurfaced in Thailand in 2022 and has been teaching as a visiting professor at the University of Tokyo.

Anne Wojcicki
side-by-side image of 23andMe CEO Anne Wojcicki in 2008 and 2024
Anne Wojcicki is the CEO of DNA testing company 23andMe and the younger sister of former YouTube CEO Susan Wojcicki.

Donald Bowers/Getty Images for The Weinstein Company / ETIENNE LAURENT/AFP via Getty Images

Anne Wojcicki cofounded genetic testing company 23andMe in 2006. She is the younger sister of late former YouTube CEO Susan Wojcicki.

Whitney Wolfe Herd
side-by-side image of Bumble founder Whitney Wolfe Herd in 2015 and 2024
Whitney Wolfe Herd became the world's youngest self-made female billionaire after taking Bumble public.

Kate Warren for The Washington Post via Getty Images / Dipasupil/Getty Images

Whitney Wolfe Herd co-founded Tinder before founding Bumble in 2014. She stepped down as CEO of the dating app last year.

Herd became the youngest self-made female billionaire in the world on the heels of Bumble's IPO.

The entrepreneur currently serves as executive chairman on Bumble's board of directors.

Evan Spiegel
side-by-side image of Snap CEO Evan Spiegel in 2013 and 2024
Snap CEO Evan Spiegel was the world's youngest billionaire in the year 2015, when he was 25 years old.

J. Emilio Flores/Corbis via Getty Images / Matt McClain/The Washington Post via Getty Images

Evan Spiegel co-founded Snap, which owns services like Snapchat, in 2011. The company's success made him the world's youngest billionaire in 2015, when he was 25.

While he'll often suit up or don a tux when attending a more formal event with his wife, Miranda Kerr, he's often seen in a white or black t-shirt and jeans.

Reed Hastings
side-by-side image of Netflix cofounder Reed Hastings in 2001 and 2018
Reed Hastings cofounded Netflix in 1997 with Marc Randolph.

Paul Sakuma/AP Images / Ore Huiying / Getty

Reed Hastings and Marc Randolph cofounded Netflix in 1997 as a DVD-by-mail service provider before it would become the streaming giant it is today. Hastings gave up the CEO title in January 2023, though he still serves as board chairman.

More recently, you can catch him in snowboarding attire after he bought a ski mountain in Utah.

Sam Altman
side-by-side image of OpenAI CEO Sam Altman in 2006 and 2024
Altman's first startup was Loopt. Today, he leads OpenAI.

Jason Kempin/FilmMagic / Stefano Guidi/Getty Images

Altman is best known as the CEO of ChatGPT maker OpenAI, but his first startup was Loopt, a mobile service that allowed for real-time location sharing with friends.

The picture at left shows him in those days, circa 2006. In 2008, he was sporting two polo shirts with a double-popped collar on stage at Apple's WWDC conference. 15 years later, however, he's worn a tuxedo to the White House while continuing to keep it casual during interviews with more casual looks too.

Read the original article on Business Insider

From the 'godfathers of AI' to newer people in the field: Here are 17 people you should know — and what they say about the possibilities and dangers of the technology.

30 November 2024 at 13:56
Godfathers of AI
Three of the "godfathers of AI" helped spark the revolution that's making its way through the tech industry β€” and all of society. They are, from left, Yann LeCun, Geoffrey Hinton, and Yoshua Bengio.

Meta Platforms/Noah Berger/Associated Press

  • The field of artificial intelligence is booming and attracting billions in investment.Β 
  • Researchers, CEOs, and legislators are discussing how AI could transform our lives.
  • Here are 17 of the major names in the field β€” and the opportunities and dangers they see ahead.Β 

Investment in artificial intelligence is rapidly growing and on track to hit $200 billion by 2025. But the dizzying pace of development also means many people wonder what it all means for their lives.Β 

Major business leaders and researchers in the field have weighed in by highlighting both the risks and benefits of the industry's rapid growth. Some say AI will lead to a major leap forward in the quality of human life. Others haveΒ signed a letter calling for a pause on development, testified before Congress on the long-term risks of AI, and claimed it could present a more urgent danger to the world than climate change.Β 

In short, AI is a hot, controversial, and murky topic. To help you cut through the frenzy, Business Insider put together a list of what leaders in the field are saying about AI β€” and its impact on our future.Β 

Geoffrey Hinton, a professor emeritus at the University of Toronto, is known as a "godfather of AI."
Computer scientist Geoffrey Hinton stood outside a Google building
Geoffrey Hinton, a trailblazer in the AI field, quit his job at Google and said he regrets his role in developing the technology.

Noah Berger/Associated Press

Hinton's research has primarily focused on neural networks, systems that learn skills by analyzing data. In 2018, he won the Turing Award, a prestigious computer science prize, along with fellow researchers Yann LeCun and Yoshua Bengio.

Hinton also worked at Google for over a decade, but quit his role at Google last spring, so he could speak more freely about the rapid development of AI technology, he said. After quitting, he even said that a part of him regrets the role he played in advancing the technology.Β 

"I console myself with the normal excuse: If I hadn't done it, somebody else would have. It is hard to see how you can prevent the bad actors from using it for bad things," Hinton said previously.Β 

Hinton has since become an outspoken advocate for AI safety and has called it a more urgent risk than climate change. He's also signed a statement about pausing AI developments for six months.Β 

Yoshua Bengio is a professor of computer science at the University of Montreal.
This undated photo provided by Mila shows Yoshua Bengio, a professor at the University of Montreal and scientific director at the Artificial Intelligence Institute in Quebec. Bengio was among a trio of computer scientists whose insights and persistence were rewarded Wednesday, March 26, 2019, with the Turing Award, an honor that has become known as technology industry’s version of the Nobel Prize. It comes with a $1 million prize funded by Google, a company where AI has become part of its DNA.  (Maryse Boyce/Mila via AP)
Yoshua Bengio has also been dubbed a "godfather" of AI.

Associated Press

Yoshua Bengio also earned the "godfather of AI" nickname after winning the Turing Award with Geoffrey Hinton and Yann LeCun.

Bengio's research primarily focuses on artificial neural networks, deep learning, and machine learning. In 2022, Bengio became the computer scientist with the highest h-index β€” a metric for evaluating the cumulative impact of an author's scholarly output β€” in the world, according to his website.Β 

In addition to his academic work, Bengio also co-founded Element AI, a startup that develops AI software solutions for businesses that was acquired by the cloud company ServiceNow in 2020.Β 

Bengio has expressed concern about the rapid development of AI. He was one of 33,000 people who signed an open letter calling for a six-month pause on AI development. Hinton, Open AI CEO Sam Altman, and Elon Musk also signed the letter.

"Today's systems are not anywhere close to posing an existential risk," he previously said. "But in one, two, five years? There is too much uncertainty."

When that time comes, though, Bengio warns that we should also be wary of humans who have control of the technology.

Some people with "a lot of power" may want to replace humanity with machines, Bengio said at the One Young World Summit in Montreal. "Having systems that know more than most people can be dangerous in the wrong hands and create more instability at a geopolitical level, for example, or terrorism."

Sam Altman, the CEO of OpenAI, has catapulted into a major figure in the area of artificial intelligence since launching ChatGPT last November.
OpenAI's Sam Altman
OpenAI CEO Sam Altman is both optimistic about the changes AI will bring to society, but also says he loses sleep over the dangers of ChatGPT.

JASON REDMOND/AFP via Getty Images

Altman was already a well-known name in Silicon Valley long before, having served as the president of the startup accelerator Y-CombinatorΒ 

While Altman has advocated for the benefits of AI, calling it the most tremendous "leap forward in quality of life for people" he's also spoken candidly about the risks it poses to humanity. He's testified before Congress to discuss AI regulation.

Altman has also said he loses sleep over the potential dangers of ChatGPT.

French computer scientist Yann LeCun has also been dubbed a "godfather of AI" after winning the Turing Award with Hinton and Bengio.
Yann LeCun, chief AI scientist
Yann LeCun, one of the godfathers of AI, who won the Turing Award in 2018.

Meta Platforms

LeCun is professor at New York University, and also joined Meta in 2013, where he's now the Chief AI Scientist. At Meta, he has pioneered research on training machines to make predictions based on videos of everyday events as a way to enable them with a form of common sense. The idea being that humans learn an incredible amount about the world based on passive observation. He's has also published more than 180 technical papers and book chapters on topics ranging from machine learning to computer vision to neural networks, according to personal website.

LeCun has remained relatively mellow about societal risks of AI in comparison to his fellow godfathers. He's previously said that concerns that the technology could pose a threat to humanity are "preposterously ridiculous". He's also contended that AI, like ChatGPT, that's been trained on large language models still isn't as smart as dogs or cats.

Fei-Fei Li is a professor of computer science at Stanford University and a former VP at Google.
Fei-Fei Li
Former Google VP Fe-Fei Li is known for establishing ImageNet, a large visual database designed for visual object recognition.

Greg Sandoval/Business Insider

Li's research focuses on machine learning, deep learning, computer vision, and cognitively-inspired AI, according to her biography on Stanford's website.

She may be best known for establishing ImageNet β€” a large visual database that was designed for research in visual object recognition β€” and the corresponding ImageNet challenge, in which software programs compete to correctly classify objects.Β  Over the years, she's also been affiliated with major tech companies including Google β€” where she was a VP and chief scientist for AI and machine learning β€” and Twitter (now X), where she was on the board of directors from 2020 until Elon Musk's takeover in 2022.Β 

Β 

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UC-Berkeley professor Stuart Russell has long been focused on the question of how AI will relate to humanity.
Stuart Russell
AI researcher Stuart Russell, who is a University of California, Berkeley, professor.

JUAN MABROMATA / Staff/Getty Images

Russell published Human Compatible in 2019, where he explored questions of how humans and machines could co-exist, as machines become smarter by the day. Russell contended that the answer was in designing machines that were uncertain about human preferences, so they wouldn't pursue their own goals above those of humans.Β 

He's also the author of foundational texts in the field, including the widely used textbook "Artificial Intelligence: A Modern Approach," which he co-wrote with former UC-Berkeley faculty member Peter Norvig.Β 

Russell has spoken openly about what the rapid development of AI systems means for society as a whole. Last June,Β he also warned that AI tools like ChatGPT were "starting to hit a brick wall" in terms of how much text there was left for them to ingest. He also said that the advancements in AI could spell the end of the traditional classroom.Β 

Peter Norvig played a seminal role directing AI research at Google.
Peter Norvig
Stanford HAI fellow Peter Norvig, who previously lead the core search algorithms group at Google.

Peter Norvig

He spent several in the early 2000s directing the company's core search algorithms group and later moved into a role as the director of research where he oversaw teams on machine translation, speech recognition, and computer vision.Β 

Norvig has also rotated through several academic institutions over the years as a former faculty member at UC-Berkeley, former professor at the University of Southern California, and now, a fellow at Stanford's center for Human-Centered Artificial Intelligence.Β 

Norvig told BI by email that "AI research is at a very exciting moment, when we are beginning to see models that can perform well (but not perfectly) on a wide variety of general tasks." At the same time "there is a danger that these powerful AI models can be used maliciously by unscrupulous people to spread disinformation rather than information. An important area of current research is to defend against such attacks," he said.Β 

Β 

Timnit Gebru is a computer scientist who’s become known for her work in addressing bias in AI algorithms.
Timnit Gebru – TechCrunch Disrupt
After she departed from her role at Google in 2020, Timnit Gebru went on the found the Distributed AI Research Institute.

Kimberly White/Getty Images

Gebru was a research scientist and the technical co-lead of Google's Ethical Artificial Intelligence team where she published groundbreaking research on biases in machine learning.

But her research also spun into a larger controversy that she's said ultimately led to her being let go from Google in 2020. Google didn't comment at the time.

Gebru founded the Distributed AI Research Institute in 2021 which bills itself as a "space for independent, community-rooted AI research, free from Big Tech's pervasive influence."

She's also warned that AI gold rush will mean companies may neglect implementing necessary guardrails around the technology.Β "Unless there is external pressure to do something different, companies are not just going to self-regulate," Gebru previously said. "We need regulation and we need something better than just a profit motive."

Β 

British-American computer scientist Andrew Ng founded a massive deep learning project called "Google Brain" in 2011.
Andrew Ng
Coursera co-founder Andrew Ng said he thinks AI will be part of the solution to existential risk.

Steve Jennings / Stringer/Getty Images

The endeavor lead to theΒ Google Cat Project: A milestone in deep learning research in which a massive neural network was trained to detect YouTube videos of cats.

Ng also served as the chief scientist at Chinese technology company Baidu where drove AI strategy. Over the course of his career, he's authored more than 200 research papers on topics ranging from machine learning to robotics, according to his personal website.Β 

Beyond his own research, Ng has pioneered developments in online education. He co-founded Coursera along with computer scientist Daphne Koller in 2012, and five years later, founded the education technology company DeepLearning.AI, which has created AI programs on Coursera. Β 

"I think AI does have risk. There is bias, fairness, concentration of power, amplifying toxic speech, generating toxic speech, job displacement. There are real risks," he told Bloomberg Technology last May. However, he said he's not convinced that AI will pose some sort of existential risk to humanity β€” it's more likely to be part of the solution. "If you want humanity to survive and thrive for the next thousand years, I would much rather make AI go faster to help us solve these problems rather than slow AI down," Ng told Bloomberg.Β 

Β 

Daphne Koller is the founder and CEO of insitro, a drug discovery startup that uses machine learning.
Daphne Koller, CEO and Founder of insitro.
Daphne Koller, CEO and Founder of Insitro.

Insitro

Koller told BI by email that insitro is applying AI and machine learning to advance understanding of "human disease biology and identify meaningful therapeutic interventions." And before founding insitro, Koller was the chief computing officer at Calico, Google's life-extension spinoff. Koller is a decorated academic, a MacArthur Fellow, and author of more than 300 publications with an h-index of over 145, according to her biography from the Broad Institute, and co-founder of Coursera.Β Β 

In Koller's view the biggest risks that AI development pose to society are "the expected reduction in demand for certain job categories; the further fraying of "truth" due to the increasing challenge in being able to distinguish real from fake; and the way in which AI enables people to do bad things."

At the same time, she said the benefits are too many and too large to note. "AI will accelerate science, personalize education, help identify new therapeutic interventions, and many more," Koller wrote by email.



Daniela Amodei cofounded AI startup Anthropic in 2021 after an exit from OpenAI.
Anthropic cofounder and president Daniela Amodei.
Anthropic cofounder and president Daniela Amodei.

Anthropic

Amodei co-founded Anthropic along with six other OpenAI employees, including her brother Dario Amodei. They left, in part, because Dario β€” OpenAI's lead safety researcher at the time β€” was concerned that OpenAI's deal with Microsoft would force it to release products too quickly, and without proper guardrails.Β 

At Anthropic, Amodei is focused on ensuring trust and safety. The company's chatbot Claude bills itself as an easier-to-use alternative that OpenAI's ChatGPT, and is already being implemented by companies like Quora and Notion. Anthropic relies on what it calls a "Triple H" framework in its research. That stands for Helpful, Honest, and Harmless. That means it relies on human input when training its models, including constitutional AI, in which a customer outlines basic principles on how AI should operate.Β 

"We all have to simultaneously be looking at the problems of today and really thinking about how to make tractable progress on them while also having an eye on the future of problems that are coming down the pike," Amodei previously told BI.

Β 

Demis Hassabis has said artificial general intelligence will be here in a few years.
DeepMind boss Demis Hassabis believes AGI will be here in a few years.
Demis Hassabis, the CEO and co-founder of machine learning startup DeepMind.

Samuel de Roman/Getty Images

Hassabis, a former child chess prodigy who studied at Cambridge and University College London, was nicknamed the "superhero of artificial intelligence" by The Guardian back in 2016.Β 

After a handful of research stints, and a venture in videogames, he founded DeepMind in 2010. He soldΒ the AI lab to Google in 2014 for Β£400 million where he's worked on algorithms to tackle issues in healthcare, climate change, and also launched a research unit dedicated to the understanding the ethical and social impact of AI in 2017, according to DeepMind's website.Β 

Hassabis has said the promise of artificial general intelligence β€” a theoretical concept that sees AI matching the cognitive abilities of humans β€” is around the corner. "I think we'll have very capable, very general systems in the next few years," Hassabis said previously, adding that he didn't see why AI progress would slow down anytime soon. He added, however, that developing AGI should be executed in a "in a cautious manner using the scientific method."Β 

In 2022, DeepMind co-founder Mustafa Suleyman launched AI startup Inflection AI along with LinkedIn co-founder Reid Hoffman, and KarΓ©n Simonyan β€” now the company's chief scientist.
Mustafa Suleyman
Mustafa Suleyman, co-founder of DeepMind, launched Inflection AI in 2022.

Inflection

The startup, which claims to create "a personal AI for everyone," most recently raised $1.3 billion in funding last June, according to PitchBook.Β 

Its chatbot, Pi, which stands for personal intelligence, is trained on large language models similar to OpenAI's ChatGPT or Bard. Pi, however, is designed to be more conversational, and offer emotional support. Suleyman previously described it as a "neutral listener"Β that can respond to real-life problems.Β 

"Many people feel like they just want to be heard, and they just want a tool that reflects back what they said to demonstrate they have actually been heard," Suleyman previously said.Β 

Β 

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USC Professor Kate Crawford focuses on social and political implications of large-scale AI systems.
Kate Crawford
USC Professor Kate Crawford is the author of Atlas of AI and a researchers at Microsoft.

Kate Crawford

Crawford is also the senior principal researcher at Microsoft, and the author of Atlas of AI, a book that draws upon the breadth of her research to uncover how AI is shaping society.Β 

Crawford remains both optimistic and cautious about the state of AI development. She told BI by email she's excited about the people she works with across the world "who are committed to more sustainable, consent-based, and equitable approaches to using generative AI."

She added, however, that "if we don't approach AI development with care and caution, and without the right regulatory safeguards, it could produce extreme concentrations of power, with dangerously anti-democratic effects."

Margaret Mitchell is the chief ethics scientist at Hugging Face.
Margaret Mitchell
Margaret Mitchell has headed AI projects at several big tech companies.

Margaret Mitchell

Mitchell has published more than 100 papers over the course of her career, according to her website, and spearheaded AI projects across various big tech companies including Microsoft and Google.Β 

In late 2020, Mitchell and Timnit Gebru β€” then the co-lead of Google's ethical artificial intelligence β€” published a paper on the dangers of large language models. The paper spurred disagreements between the researchers and Google's management and ultimately lead to Gebru's departure from the company in December 2020. Mitchell was terminated by Google just two months later, in February 2021

Now, at Hugging Face β€” an open-source data science and machine learning platform that was founded in 2016 β€” she's thinking about how to democratize access to the tools necessary to building and deploying large-scale AI models. Β 

In an interview with Morning Brew, where Mitchell explained what it means to design responsible AI, she said, "I started on my path toward working on what's now called AI in 2004, specifically with an interest in aligning AI closer to human behavior. Over time, that's evolved to become less about mimicking humans and more about accounting for human behavior and working with humans in assistive and augmentative ways."

Navrina Singh is the founder of Credo AI, an AI governance platform.
Navrina Singh
Navrina Singh, the founder of Credo AI, says the system may help people reach their potential.

Navrina Singh

Credo AI is a platform that helps companies make sure they're in compliance with the growing body of regulations around AI usage.Β In a statement to BI, Singh said that by automating the systems that shape our lives, AI has the capacity "free us to realize our potential in every area where it's implemented."

At the same time, she contends that algorithms right now lack the human judgement that's necessary to adapt to a changing world.Β "As we integrate AI into civilization's fundamental infrastructure, these tradeoffs take on existential implications," Singh wrote. "As we forge ahead, the responsibility to harmonize human values and ingenuity with algorithmic precision is non-negotiable. Responsible AI governance is paramount."

Β 

Richard Socher, a former Salesforce exec, is the founder and CEO of AI-powered search engine You.com.
Richard Socher
Richard Socher believes we're still years from achieving AGI.

You.com

Socher believes we have ways to go before AI development hits its peak or matches anything close to human intelligence.

One bottleneck in large language models is their tendency to hallucinate β€” a phenomenon where they convincingly spit out factual errors as truth. But by forcing them to translate questions into code β€” essential "program" responses instead of verbalizing them β€” we can "give them so much more fuel for the next few years in terms of what they can do," Socher said.Β 

But that's just a short-term goal. Socher contends that we are years from anything close to the industry's ambitious bid to create artificial general intelligence. Socher defines it as "a form of intelligence that can "learn like humans" and "visually have the same motor intelligence, and visual intelligence, language intelligence, and logical intelligence as some of the most logical people," and it could take as little as 10 years, but as much as 200 years to get there.Β 

And if we really want to move the needle toward AGI, Socher said humans might need to let go of the reins, and their own motives to turn a profit, and build AI that can set its own goals.

"I think it's an important part of intelligence to not just robotically, mechanically, do the same thing over and over that you're told to do. I think we would not call an entity very intelligent if all it can do is exactly what is programmed as its goal," he told BI.Β 

Read the original article on Business Insider

See the Yankee Candle founder's wild house, which has sat on the market for 2 years but finally has an interested buyer

Yankee Candle Founder lists house in Massachusetts
Yankee Candle Founder lists house in Massachusetts

Courtesy of Surette Media Group

  • Michael Kittredge II's son put the Yankee Candle founder's Massachusetts estate up for sale in 2022.
  • The compound, which features an indoor water park and bowling alley, was originally listed for $23 million.
  • After two years on the market, the estate could soon be redeveloped as senior living.Β 

Three years after Yankee Candle founder Michael Kittredge II died in 2019, his son, Michael Kittredge III, put the family's sprawling 120,000-square-foot compound on the market for a whopping $23 million.

Now, after more than two years of no movement and a significant slash to its asking price, the historic Massachusetts estate could soon be transformed into an entirely different kind of living space. The Kittredge family has enlisted Josh Wallack, a Florida-based developer, to oversee the re-imagination of the mansion into a luxurious senior living community that features affordable housing.

In a conversation with Business Insider, Wallack outlined his vision for "Pioneer Point at Juggler Meadow: A 55+ Active Adult Community," a $200 million project that aims to incorporate all the amenities of the Kittredge estate into a community that helps address Massachusetts' housing crisis.Β 

"This is going to be amazing. Regular people can buy one of these units and live in this amazing place that is like heaven on Earth," Wallack said.Β 

Take a peak inside the mind-boggling compound.

The former home of Yankee Candle founder, the late Michael Kittredge II, went on the market in September 2022.
Yankee Candle Founder's estate goes up for sale
Yankee Candle Founder's estate goes up for sale

Courtesy of Surette Media Group

The $23 million listing quickly went viral thanks to its litany of amenities.Β 

The sprawling estate is located about two hours outside Boston in Leverett, Massachusetts.
Yankee Candle founder estate hits the market
Yankee Candle founder estate hits the market

Courtesy of Surette Media Group

The estate encompasses 120,000 square feet of living space spread across eight separate structures, including a main house, a clubhouse, a spa, a pool cabana, two guest houses, and two car barns.

The main residence is a 25,000-square-foot house designed in the colonial style. It was originally constructed in the 1980s.

The compound sat on the market for months before its price was slashed from $23 million to $14.9 million.
Yankee Candle founder's estate hits the market
Yankee Candle founder's estate hits the market

Courtesy of Surette Media Group

Wallack and his family stayed at the estate's guest home in 2022 after he hit it off with Michael "Mick" Kittredge III.

As an expert in rezoning, Wallack said the Kittredge family asked him what he thought they should do with the property.Β 

"Instead of looking for one billionaire to buy this mansion, let's take all the land underneath it and build 700 homes and allow regular people to live here and use your father's mansion as the social club," Wallack said he told the family.

Wallack wants to turn the estate into an active senior living community.
Yankee Candle founder estate hits the market
Yankee Candle founder estate hits the market

Courtesy of Surette Media Group

If approved, Wallack's plan would allow people 55 and older to buy individual units on the property, where they would have full access to amenities like an onsite restaurant, cafe, tennis and pickleball courts, and a beauty parlor.Β 

The project would offer 25% of units at affordable housing rates.
Yankee Candle founder estate hits the market
Yankee Candle founder estate hits the market

Courtesy of Surette Media Group

Wallack said the community would be comprised of 25% of units at affordable housing costs and 75% of units at market rate.Β 

Someone making $84,000 a year would pay about $1,875 a month for an affordable unit, Wallack said.

The budget for the project is about $200 million, Wallack said.
Yankee Candle founder estate hits the market
Yankee Candle founder estate hits the market

Courtesy of Surette Media Group

Wallack serves as the development manager representing the Michael Kittredge trust.Β 

The team is in the final stages of preparing an application to MassHousing.
Yankee Candle founder's estate hits the market
Yankee Candle founder's estate hits the market

Courtesy of Surette Media Group

Wallack is working to garner more community support.

Take a peak at the original mansion before it potentially is redesigned.
Yankee Candle founder's estate hits the market

Courtesy of Surette Media Group

The main residence has six full bathrooms and five half-bathrooms spread out between five bedrooms.
Yankee Candle founder's estate hits the market

Courtesy of Surette Media Group

The house features 11 fireplaces, including in some of the bathrooms.

The lower level of the house has a 10-seat movie theater.
Yankee Candle founder's estate hits the market

Courtesy of Surette Media Group

Kittredge was a car enthusiast who had two temperature-controlled car barns built at the estate.
Yankee Candle founder's estate hits the market
Yankee Candle founder's estate hits the market

Courtesy of Surette Media Group

The spa is a major attraction at the compound and houses a fitness center, as well as basketball and tennis courts.
Yankee Candle founder's estate hits the market

Courtesy of Surette Media Group

Wallack said his project would turn some of those tennis courts into pickleball courts for senior residents.Β 

Kittredge had three outdoor tennis courts and one indoor court constructed at the estate.
Yankee Candle founder's estate hits the market
Yankee Candle founder's estate hits the market

Courtesy of Surette Media Group

The indoor tennis court also doubles as a concert venue, which has hosted such bands as The Doobie Brothers, as well as KC and The Sunshine Band.

The fitness center takes up 4,000 square feet and has multiple locker rooms.
Yankee Candle founder's estate hits the market
Yankee Candle founder's estate hits the market

Courtesy of Surette Media Group

A bowling alley is situated in the 55,000-square-foot spa.
Yankee Candle founder's estate hits the market
Yankee Candle founder's estate hits the market

Courtesy of Surette Media Group

The compound also has a two-story arcade.
Yankee Candle founder's estate hits the market
Yankee Candle founder's estate hits the market

Courtesy of Surette Media Group

In addition to an outdoor pool, the estate also has an indoor Bellagio-style water park.
Yankee Candle founder's estate hits the market
Yankee Candle founder's estate hits the market

Courtesy of Surette Media Group

It is full of slides, waterfalls, and palm trees.
Yankee Candle founder's estate hits the market

Courtesy of Surette Media Group

The real estate company that originally listed the compound said the estate is set up like a private country club and includes a nine-hole golf course.
Yankee Candle founder's estate hits the market

Courtesy of Surette Media Group

The clubhouse, which looks out on a pool and two cabanas, has four bedrooms, two bathrooms, and a full kitchen.
Yankee Candle founder's estate hits the market
Yankee Candle founder's estate hits the market

Courtesy of Surette Media Group

The compound is also home to two guest houses.
Yankee Candle founder's estate hits the market

Courtesy of Surette Media Group

"There was nothing he loved more than bringing his family and friends together and hosting parties at his home," Kittredge's son said in a 2022 press release.
Yankee Candle founder's estate hits the market
Yankee Candle founder's estate hits the market

Courtesy of Surette Media Group

Read the original article on Business Insider

I've spent 400 hours road-tripping 2,800 miles around the US. These are the biggest mistakes I've made.

30 November 2024 at 04:19
A road with trees on either side and mountains in the background on a cloudy day
The author has road-tripped through 30 states around the US and has some regrets.

Joey Hadden/Business Insider

  • Road-tripping around the US can be awe-inspiring β€” if you avoid making mistakes.
  • I've traveled 2,800 miles on US road trips and had some regrets.
  • In the future, I will spend fewer daily hours on the road and rely less on stops for caffeine.

Road trips can be amazing, awe-inspiring, and annoying.

I'd know β€” I've spent 400 hours traveling 2,800 miles on the road. I've passed through 30 states around the Southwest and up the coasts. I've traveled from Texas to the Carolinas, New Mexico to Oregon, and twice from Arizona to NYC. I've toured the Northeast in a van with my band. I've slept in more campsites and parking lots than I can count.

So, what makes an otherwise amazing, awe-inspiring road trip feel annoying? Mistakes. And I've had time to make a bunch of them.

These are the six biggest mistakes I've made on the road that I'll avoid in the future.

Bringing my own food on the road saves money and time, but messy ingredients make trips more stressful.
Car Near Greek Beach with Lunch Items on Dashboard
Making food in the car is messy.

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In the summer of 2015, I took a two-week-long road trip for the first time. Before heading out for the journey from Austin, Texas, to Napa Valley, California, and back, I headed to the grocery store and loaded up the cart with ingredients for meals I could make in the car β€” sliced bread, deli meats, cheeses, peanut butter, and jelly. And I couldn't forget pickles, mayo, tomatoes, and avocados to make the sandwiches more dynamic.

I imagined staying healthy by skipping fast-food joints to lather and stack these ingredients into custom delights.

But it looked better in my head.

Creating sandwiches on the road was stressful, and making a mess was all too easy. My hands shook as I spread mayo in a moving car. And resealing meats and cheeses to be airtight wasn't as simple as the packages claimed.

By the time I could eat my sandwiches, my hands and parts of the passenger seat were sticky. Since that trip, I have only packed ready-made "meals" for road trips, like protein bars and shakes.

For snacks, I stick to dry items like trail mix that aren't coated in dusty flavors.

Forgetting to pack my own source of caffeine made my trips more expensive.
driving
A driver sips a to-go coffee on a road trip.

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If you're anything like me, caffeine on a road trip is a must.

However, I've taken off for several trips without my own source of energy handy. When this happens, I end up spending an additional $10-$20 per day at coffee shops.

Recently, I've avoided additional stops and expenses by packing MiO, a water flavor enhancer with vitamins and caffeine.

Adding caffeine to my water instead of downing a coffee also helps me stay hydrated.

Spending too many hours on the road made trips less enjoyable …
The sun sets behind a hill with telephone wires connecting to a pole on the left
The sun sets over a country road in Texas.

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Many of my road trip experiences took place in college, when energy was high and funds were tight.

My friends and I often prioritized covering as much ground as possible with the little bit of cash we had. This meant we spent 12 to 14 hours on the road some days.

Many of these hours were fun, but once the sun went down, so did the energy. Without a view or a sense of place in those later hours, it felt like we could have been driving anywhere.

In my experience, the nighttime road hours feel twice as long as the daylight hours. I would avoid spending more than two hours on the road after dark.

… especially when arriving at campsites after dark.
zion campsite at night
A campsite outside Zion National Park.

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After a long day on the road, the last thing anyone wants to do is pitch a tent β€” especially in the dark.

In July 2017, I took a two-and-a-half-week road trip to national parks and monuments in Texas, Arizona, Utah, and Colorado.

The budget was extra tight, so we camped or slept in the car every night.

I remember arriving at our campsite outside Zion National Park in Utah. I don't remember how many hours we'd been on the road, but only the stars lit up the sky when I got out of the car.

I wanted to simply lie down and look up, but I had a shelter to pitch. Assembling a tent in the dark is challenging. Even with the car lights on for help, finding the right pieces to connect was difficult.

I'm not sure how long it took to pitch the tent that night, but I went to bed thinking I wouldn't put myself in the same situation again.

Avoiding my phone in the car made me miss crucial stops.
A road sign on NV state route 375, the extraterrestrial highway at the Crystal Springs junction, alerting drivers the next opportunity for gas is 150 miles
Don't miss crucial road signs.

Bryan Steffy/Getty Images

As a cusp millennial, I love to play the game of not using my phone to find food or rest stops and just relying on signs in the present moment.

Well, I used to love it.

The problem with this game is that I'm not only relying on signs to tell me what's coming up but also relying on my attention span, which can be shorter than a sentence.

So, how do you lose this game? You miss the sign that says, "This is the last gas station for 100 miles." I've done it more than once, and it sucks. I've never gotten stuck, but I've gotten close.

My best advice is to find other road games to pass the time and keep your phone handy.

Traveling too fast left me unfulfilled.
The author sits on the edge of a canyon with rich, green canyons in front of her.
The author looks over the North Rim of the Grand Canyon.

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When road-tripping from Austin, where I lived in college, the first and last days of a trip will likely just be getting in and out of Texas β€” Austin is in the middle of the gigantic state.

Because of this, my road trips in college were rushed. I'd travel as far as Oregon and visit as many as six national parks in less than three weeks.

I'm grateful that I've been able to experience so many different natural landscapes and environments around the US, but I don't feel like I've spent enough time in any of them to truly take in each setting.

Now, as an adult, I embrace slow travel.

When I take a road trip unrelated to work, I pick one or two places and stay awhile.

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