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Justin Bieber leads the way with the "Celebrity 100" with his investments in tech companies such as Spotify, racking up $108 million last in the last two years but he is not number one on the list. Plus: Colin Powell's words of wisdom for startup companies and Seth McFarlane's next plans post Family Guy.
FACT & COMMENT- Steve Forbes
Japan and Europe are killing themselves.
The many paths to The Celebrity 100.
LONDON’S BILLIONAIRE ROW
Residents plunk down 6,000 euros per square foot to live along Kensington Palace Gardens.
Bezos, Buffet and Dolby up; Adelson, Ellison and Gates down.
Bullish times for the Volcker Rule and activist shareholders. Sell CEO shenanigans.
Introducing a party snapper, a filmmaker and a soul singer.
Readers respond to our Midas List: “It’s kind of like a Stanford reunion.”
CURRENT EVENTS- Paul Johnson
Thank God: an American recovery.
CAPITAL FLOWS- Maura Pennington
The 99% movement scorns American creativity.
INNOVATION RULES-Rich Karlgaard
Change agents: It takes two.
BUSINESS RENEGADES // CHRYSLER’S KUMBAYA KING- Joann Muller
What do the Dalai Lama, Eminem and Clint Eastwood have in common? A controversial marketer named Olivier Francois who has proven that he knows how to sell cars.
TECH’S BEST-KEPT SECRET IS IN UTAH- Victoria Barret
How a family in Provo built one of the fastest-growing, most profitable software firms no one has heard of apart from its fanatic customers.
NEW YORK’S ARCHANGEL- J.J. Colao
David S. Rose aims to become the world’s matchmaker, pairing entrepreneurs and investors. He’s got the platform-just no profits.
UNIFIED COMMAND- Kashmir Hill
The Pentagon wants to build a robot army. Nelson Paez hopes to make it as easy to operate as possible.
BATTLE READY-Colin Powell
Advice for startups from a seasoned veteran.
BUFETT WANNABES- Abram Brown
Are your mutual funds fortified by wide moats?
PORTFOLIO STRATEGY- Ken Fisher
Summer reading to profit from.
INVESTING STRATEGIES-William Baldwin
Invest 90% in one stock.
INTRINSIC VALUE- William Priest
Is a bubble forming in dividend stocks?
WHAT’S MITT WORTH?
FORBES scrubs the numbers to reveal the definitive valuation.
THE CELEBRITY 100
COVER STORY: JUSTIN BIEBER, VENTURE CAPITALIST- Zack O’Malley Greenburg
The 18-year-old idol remains a Hollywood force, having earned $108 million over the past two years. With several quiet tech startup investments-including Spotify-he’s started to make similar conquests in Silicon Valley.
BIEBER’S BUSINESS BRAIN- Zack O’Malley Greenburg
Scooter Braun made his name managing Justin Bieber. Now he’s diversifying.
THE NEW FAME GAME- Dorothy Pomerantz, Meghan Casserly, Kurt Badenhausen and Clare O’Connor
First, celebrities used their stardom to get free things. Then they got paid to endorse products. Then they took ownership. But the newest A-list perk hits another level entirely: leveraging their fame to make early-stage investments-or launch startups themselves.
THE CELEBRITY 100: THE FULL LIST- Edited by Dorothy Pomerantz
Movie stars once called all the shots in Hollywood. Not anymore. Thanks to unscripted television and social media, 24-hour personalities dominate this year’s list of the 100 most influential people in entertainment.
THE TURNAROUND ARTIST-Hannah Elliott and Jenna Goudreau
Over 40, with more bombs than an artillery range, Jennifer Lopez seemed washed up. Then American Idol gave her a second chance, which she’s taken all the way to the top of our Celebrity 100.
SETH MACFARLANE GETS SERIOUS- Dorothy Pomerantz
The Family Guy creator makes millions with his crass humor. But his next project will shock even the most hardened fans: He’s bringing Carl Sagan’s Cosmos back to television.
THE FRANCHISE SAVER- Dorothy Pomerantz
Dwayne “The Rock” Johnson has emerged as the world’s biggest action hero through feats not even the mighty Stallone or Schwarzenegger could ever pull off-reviving left-for-dead movie brands.
HONG KONG’S SECRET TABLES- Bruce Schoenfeld
Inside the velvet rope of the city’s top private kitchens.