Billionaire Breaks Ground On The U.S.'S First High-Speed Rail from digital xvideo Watch Video

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✓ Published: 28-Apr-2024
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Wes Edens has broken ground on Brightline West, his $12 billion Las Vegas-to-SoCal railway, aided by billions from the Biden Administration. But building more high-speed lines like this one won’t be easy.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/alanohnsman/2024/04/23/in-las-vegas-a-billionaires-blueprint-for-building-bullet-trains/?sh=2baad0ba64ac<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

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Wes Edens has broken ground on Brightline West, his &#36;12 billion Las Vegas-to-SoCal railway, aided by billions from the Biden Administration. But building more high-speed lines like this one won’t be easy.&#60;br/&#62;&#60;br/&#62;Under a blazing morning Las Vegas sun, billionaire Wes Edens and Transportation Secretary Pete Buttigieg threw a party this week to mark the start of construction of Brightline West, the first private high-speed railway in the U.S., driving yellow spikes into a section of track.&#60;br/&#62;&#60;br/&#62;Now comes the hard part. The &#36;12 billion project is three years behind his original schedule — delayed by the pandemic and final environmental approvals — but if construction goes as fast as the billionaire cofounder of Fortress Investment Group promises, it&#39;ll open in time to speed travelers across the desert at 200 miles per hour from Sin City to Southern California in time for the 2028 Los Angeles Olympics.&#60;br/&#62;&#60;br/&#62;“The timeline is both realistic and achievable,” Edens told Forbes. “The impact of this is going to be long-lasting and prodigious. And I want it to be successful because I want the next one and the next one and the next one to happen.”&#60;br/&#62;&#60;br/&#62;Read the full story on Forbes: https://www.forbes.com/sites/alanohnsman/2024/04/23/in-las-vegas-a-billionaires-blueprint-for-building-bullet-trains/?sh=1884f4bb64ac&#60;br/&#62;&#60;br/&#62;Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1&#60;br/&#62;&#60;br/&#62;Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:&#60;br/&#62;&#60;br/&#62;https://account.forbes.com/membership/?utm_source=youtube&amp;utm_medium=display&amp;utm_campaign=growth_non-sub_paid_subscribe_ytdescript&#60;br/&#62;&#60;br/&#62;Stay Connected&#60;br/&#62;Forbes newsletters: https://newsletters.editorial.forbes.com&#60;br/&#62;Forbes on Facebook: http://fb.com/forbes&#60;br/&#62;Forbes Video on Twitter: http://www.twitter.com/forbes&#60;br/&#62;Forbes Video on Instagram: http://instagram.com/forbes&#60;br/&#62;More From Forbes:http://forbes.com
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The runaway success of weight loss drugs took the markets by storm last year, spurring huge stock gains for drugmakers like Novo Nordisk, which makes Wegovy and Ozempic. Most patients take them at home in weekly injections, using plastic, pen-like devices known as autoinjectors, filled with the liquid medication and fitted with a tiny needle as wide as two human hairs.&#60;br/&#62;&#60;br/&#62;As demand for the drugs soars, so does the need for those devices. That growth has now minted a new billionaire: Roger Samuelsson, the 60-year-old Swedish cofounder of Switzerland-based SHL Medical, one of the world’s largest manufacturers of autoinjectors. Forbes estimates he’s worth &#36;3 billion, largely thanks to his 69% stake in the company he cofounded in 1989. The remaining 31% is held by Swedish private equity firm EQT—which has minted seven billionaires over the years—and Athos, the family office of the billionaire Struengmann brothers. Press-shy Samuelsson, who declined multiple requests for an interview, also enjoys fast cars (he raced in the 2016 Ferrari Challenge series) and owns the 414-foot megayacht Octopus, which he bought in 2021; the yacht was built for its first owner, Microsoft cofounder Paul Allen (d. 2018).&#60;br/&#62;&#60;br/&#62;0:00 Introduction&#60;br/&#62;0:20 Who Is Roger Samuelsson?&#60;br/&#62;3:32 The Growing Market For Injectors&#60;br/&#62;5:50 Who Is The Competition In The Space&#60;br/&#62;8:50 What&#39;s Next For SHL Medical&#60;br/&#62;10:45 What&#39;s Next For Roger Samuelsson&#60;br/&#62;&#60;br/&#62;Read the full story on Forbes: https://www.forbes.com/sites/giacomotognini/2024/04/12/meet-the-billionaire-owned-company-making-injectors-for-blockbuster-drugs-like-ozempic/?sh=5ba1ce857607&#60;br/&#62;&#60;br/&#62;Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1&#60;br/&#62;&#60;br/&#62;Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:&#60;br/&#62;&#60;br/&#62;https://account.forbes.com/membership/?utm_source=youtube&amp;utm_medium=display&amp;utm_campaign=growth_non-sub_paid_subscribe_ytdescript&#60;br/&#62;&#60;br/&#62;Stay Connected&#60;br/&#62;Forbes newsletters: https://newsletters.editorial.forbes.com&#60;br/&#62;Forbes on Facebook: http://fb.com/forbes&#60;br/&#62;Forbes Video on Twitter: http://www.twitter.com/forbes&#60;br/&#62;Forbes Video on Instagram: http://instagram.com/forbes&#60;br/&#62;More From Forbes:http://forbes.com&#60;br/&#62;&#60;br/&#62;Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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