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_how-one-billionaire-lost-millions-and-left-underserved-scholarship-students-in-limbo.webp "On March 21, the roughly 70 employees of the Schuler Education Foundation, based in the affluent suburb of Lake Forest, Illinois, were summoned to an emergency all-hands meeting. Over the past two-plus decades, the nonprofit founded and funded by a former president of healthcare giant Abbott Laboratories, Jack Schuler, had spent at least $150 million counseling and tutoring more than 1,800 low-income students from Chicago and Milwaukee-area high schools to help them gain admission to elite colleges; those colleges in turn covered most (if not all) of the students’ tuition and other costs.<br/><br/>The employees, who first had to certify they wouldn’t record anything, were let into a Zoom room where the nonprofit’s executive director Joanne Bertsch read from a script announcing that the foundation would shut down on May 24. Everyone would be let go except for a skeleton crew of seven college counselors left to support students through August. <br/><br/>0:00 Introduction<br/>0:15 How Our Reporters Found Out About Jack Schuler<br/>3:05 Reporting On The Schuler Foundation<br/>5:45 Losing Money In The Market<br/>8:50 The Role Of Healthcare Stocks<br/>12:23 The Impact On Students And Colleges<br/>16:05 How The Foundation Behaved As Their Investments Lost Value<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/giacomotognini/2024/04/16/inside-the-collapse-of-a-former-billionaires-foundation-for-low-income-students/?sh=b52a7d62f78b<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.")
_the-rise-and-fall-of-prostitution-in-amsterdam39s-red-light-district-124-rise-and-fall.webp "Business Insider")
⏲ 8 minutes 31 seconds 👁 226.6K
_caged-until-39broken39-life-for-mumbai39s-prostitutes.webp "Channel 4 News")
_shoe-designer-christian-louboutin-is-now-a-billionaire.webp "After four decades of keeping his well-heeled clients in his iconic red-soled heels, shoe designer Christian Louboutin is now a billionaire. The 61-year-old designer is stepping into the billionaire ranks thanks to his eponymous fashion brand. While still best-known for its towering stilettos and perilous platforms, the Louboutin brand has expanded into sneakers, bags, and beauty products, as well as lines for men and children.<br/><br/>The company was valued at $3.2 billion last year by Exor, the investment company of Italy’s Agnelli family, which bought a 24% stake in 2021 for about $650 million. Louboutin still owns 35%—which Forbes values at $1.1 billion. That stake makes up most of an estimated $1.2 billion fortune that includes other investments such as the Vermelho Hotel, a luxury resort he opened in southern Portugal last year. Representatives for Louboutin didn’t respond to requests for a comment on the valuation.<br/><br/>Read the full story on Forbes:<br/>https://www.forbes.com/sites/giacomotognini/2024/04/01/christian-louboutin-net-worth-billionaire-shoe-designer/<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.")
_no-condom-no-luck-in-amsterdam39s-red-light-district.webp "AFP News Agency")
_the-lives-of-sex-workers-and-their-children-on-g-b-road-new-delhi39s-biggest-red-light-district.webp "South China Morning Post")
⏲ 13 minutes 21 seconds 👁 1.9M
_i-made-my-own-squid-game-with-terrifying-doll-mysterious-guard-and-stunning-dioramas.webp "Hello, Friends!Today, we're embarking on a unique crafting journey, where we'll bring the suspense and visual brilliance of the Squid Game right into your home.Strap in as we recreate iconic elements from the show with our own hands! <br/> <br/>First, let’s dive into the world of dioramas with our \")
⏲ 1:13:31 👁 1.7M
_the-madam-of-the-brothel-excerpt-from-39sex-slaves-of-bangladesh39.webp "VICE News")
_mother39s-day-a-visit-to-delhi39s-red-light-area-gb-road-amp-meeting-sex-workers-who-are-also-mothers.webp "India Today")
⏲ 5 minutes 48 seconds 👁 18.2K
_red-dead-redemption-2-cigarette-card-famous-gunslinger-3-jack-hall-gang-chez-porter-generic-vtas.webp "If you are playing Red Dead Redemption 2, this video will show you where you can find the 3rd FAMOUS GUNSLINGER CIGARETTE CARD ... \")
⏲ 1:44 👁 10K
_delhi39s-sex-workers-have-little-to-look-forward-to.webp "NDTV")
_sex-drugs-and-bad-tourists-amsterdams-infamous-red-light-district-under-threat-124-sbs-dateline.webp "SBS Dateline")
⏲ 27 minutes 21 seconds 👁 61.2K
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