Forbes Daily: A Look Back At Some Of Our Best Journalism Of 2025

For our last newsletter before we take a short holiday break, we’re bringing you a compilation of Forbes’ best journalism of the year, covering everything from Elon Musk’s (many) controversies to the startup that thinks it can stop all crime in the U.S.

We’ll be back in your inboxes on Monday, January 5. Happy holidays to all of our readers!

Wealth creation among the world’s billionaires hit a blistering pace in 2025. Over the past year, the planet has added more than 340 new billionaires—roughly one per day—across the U.S., China, India, Russia and beyond. And a record 19 people are now centibillionaires, having amassed fortunes of at least $100 billion. It all starts at the top: Elon Musk began the year already worth $421 billion, then smashed a series of records to become the first person to reach a $700 billion fortune on December 19.

There’s no doubt that artificial intelligence dominated the headlines this year. And even if the technology ends up being as revolutionary as many expect, the stocks booming today won’t necessarily be winners down the road. One of 2025’s most pervasive themes has been investors getting dot-com bubble déjà vu—as of August, the information technology sector made up more than 33% of the S&P 500 index.

Tens of billions in class action settlements are reached each year, and prepaid cards have become an increasingly common way to compensate the consumers who have been harmed. A Forbes investigation in May found that over the past five years, $300 to $400 million of damages distributed to injured consumers through digital prepaid cards has been left unspent—and it ultimately lines the pockets of the fintech companies that issued the cards, the banks they partner with and class action administration companies.

Forbes