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A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he's a billionaire who says the American Dream isn't dead

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A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he's a billionaire who says the American Dream isn't dead

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Current price of oil as of August 18, 2026

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Current price of silver as of Tuesday, August 18, 2026
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Current price of Ethereum for Aug. 19, 2026
Current price of Ethereum for August 19, 2026

Ethereum isn’t just digital money; it’s a decentralized computing platform, meaning users can build and run apps on it without oversight of a company or bank.

By Joseph HostetlerAugust 19, 2026
How the UAE has emerged as a ‘leading light’ for tokenization  
How the UAE has emerged as a ‘leading light’ for tokenization  
By Melissa HancockAugust 19, 2026
Tesla asked Las Vegas for 5,000 robotaxi permits. Sin City gave it 10, capped the speed at 45mph, and banned airport trips
Tesla asked Las Vegas for 5,000 robotaxi permits. Sin City gave it 10, capped the speed at 45mph, and banned airport trips
By Catherina GioinoAugust 19, 2026
Man speaks into a microphobe
AI gets its own “boiler room” scandal
By Allie GarfinkleAugust 18, 2026
Photo of Sam Altman
OpenAI says it paused AI training for two weeks and announces new security protocols following Hugging Face hack
By Emily ForliniAugust 18, 2026
s
Meet OpenAI’s ChatGPT for Teens, which doesn’t talk about sex or suicide and gives you homework help instead
By Barbara Ortutay and The Associated PressAugust 18, 2026
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Current price of silver as of Wednesday, Aug. 19, 2026
Personal Finance
Current price of silver as of Wednesday, August 19, 2026
By Joseph HostetlerAugust 19, 2026
Current price of oil as of Aug. 19, 2026
Personal Finance
Current price of oil as of August 19, 2026
By Joseph HostetlerAugust 19, 2026
Current price of Bitcoin for Aug. 19, 2026
Personal Finance
Current price of Bitcoin for August 19, 2026
By Joseph HostetlerAugust 19, 2026
Photo: President Trump.
Newsletters
The Iranians have Trump right where they want him and suggest he seek ‘a dignified exit’
By Jim EdwardsAugust 19, 2026
One of the VC world’s biggest stars is doubling down on sports in a big way, and there’s a compelling tax reason behind the strategy
Newsletters
One of the VC world’s biggest stars is doubling down on sports in a big way, and there’s a compelling tax reason behind the strategy
By Jason MaAugust 19, 2026
Top CD rates today, Aug. 19, 2026: Lock in up to up to 4.50%
Personal Finance
Top CD rates today, Aug. 19, 2026: Lock in up to up to 4.50%
By Glen Luke FlanaganAugust 19, 2026
Today’s top high-yield savings rates: Up to 4.50% on Aug. 19, 2026
Personal Finance
Today’s top high-yield savings rates: Up to 4.50% on Aug. 19, 2026
By Glen Luke FlanaganAugust 19, 2026
Coinbase establishes Abu Dhabi tokenization hub  
Newsletters
Coinbase establishes Abu Dhabi tokenization hub  
By Melissa HancockAugust 19, 2026
More InnovationPage 38 of 50
Elon Musk says AI will create a world ‘where no job is needed,’ but Nvidia billionaire Jensen Huang couldn’t disagree more: ‘Humans have a lot of ideas’
Tech
Elon Musk says AI will create a world ‘where no job is needed,’ but Nvidia billionaire Jensen Huang couldn’t disagree more: ‘Humans have a lot of ideas’
By Steve MollmanNovember 3, 2023
  • Leslie Trigg with a patient using the Tablo dialysis machine.
    Commentary
    In a ‘tech desert,’ understanding user’s fears is the key to innovation
    By Leslie TriggMay 17, 2022
Biden administration will designate 31 ‘tech hubs’ in 32 states and Puerto Rico as part of 2022 CHIPS and Science Act
Tech
Biden administration will designate 31 ‘tech hubs’ in 32 states and Puerto Rico as part of 2022 CHIPS and Science Act
By Darlene Superville and The Associated PressOctober 23, 2023
10 Innovators Shaping the Future of Health
Health
13 innovators shaping the future of health
By L'Oreal Thompson PaytonSeptember 26, 2023
Marc Andreessen calls Elon Musk the ‘paramount example’ of an entrepreneur who ‘can’t turn it off’ 
Success
Marc Andreessen calls Elon Musk the ‘paramount example’ of an entrepreneur who ‘can’t turn it off’ 
By Steve MollmanSeptember 8, 2023
Sam Altman risks sounding ‘arrogant’ to explain what’s wrong with Silicon Valley—and why OpenAI has no road map
Tech
Sam Altman risks sounding ‘arrogant’ to explain what’s wrong with Silicon Valley—and why OpenAI has no road map
By Steve MollmanSeptember 7, 2023
OpenAI CEO and cofounder Sam Altman
Tech
Over just a few months, ChatGPT went from correctly answering a simple math problem 98% of the time to just 2%, study finds
By Paolo ConfinoJuly 19, 2023
  • While its baristas unionize, Starbucks eyes  an NFT launch
    The Ledger
    While its baristas unionize, Starbucks eyes an NFT launch
    By Marco Quiroz-GutierrezMay 4, 2022
If you want to encourage creativity, don’t brainstorm. There’s a better way to come up with good ideas
Success
If you want to encourage creativity, don’t brainstorm. There’s a better way to come up with good ideas
By Indrani SenJuly 11, 2023
The Hybrit fossil-free steel plant in Lulea, Sweden
Commentary
What your company needs to build a winning ‘Deep Tech’ strategy
By François Candelon, Max Männig, John Paschkewitz and Vinit PatelJune 2, 2023
Board members in discussion at conference table in office
Newsletters
Here’s what differentiates the top 25 corporate boards from their counterparts
By Lila MacLellanMay 12, 2023
‘Beyond Disruption’ challenges the conventional wisdom that businesses must disrupt to innovate
Newsletters
‘Beyond Disruption’ challenges the conventional wisdom that businesses must disrupt to innovate
By Steve Mollman and Alan MurrayMay 1, 2023
To understand why America’s lead in tech and innovation is eroding, look at China’s investment in women inventors
Commentary
To understand why America’s lead in tech and innovation is eroding, look at China’s investment in women inventors
By Holly FechnerApril 18, 2023
  • ESG investors shouldn’t ignore biotech’s potential to deliver change
    Commentary
    ESG investors shouldn’t ignore biotech’s potential to deliver change
    By Michelle McMurry-HeathMay 2, 2022
a picture of a large meatball
Lifestyle
Scientists have created a meatball made from a genetically-engineered mammoth—but no one is allowed to eat it
By Prarthana PrakashMarch 30, 2023
Munchkin's UV Diaper pail, sippy cup and cookie bites on gold background.
Features
Munchkin transformed once-mundane baby products with creative twists—and has now sold to nearly every American family
By Andrew NuscaMarch 29, 2023
Lawrence H. "Larry" Summers, former U.S. Treasury secretary,
Finance
Larry Summers warns Silicon Valley Bank collapse has ‘substantial consequences’ for America’s innovation system
By Christopher Anstey and BloombergMarch 11, 2023
Zara Summers, vice president of science at LanzaTech.
Commentary
Synthetic biology could disrupt some of the world’s biggest industries. Here are four steps to building a ‘syn-bio’ strategy
By François Candelon, Nicolas Goeldel and Max MännigMarch 3, 2023
A woman poses for photos with a concept car at an auto dealership in Shanghai.
Commentary
Why ‘fractal innovation’ is the new winning mantra for global companies
By Arindam Bhattacharya and Hans-Paul BuerknerFebruary 13, 2023
Bill Gates sitting on an armchair and smiling on-stage during a summit
Tech
Bill Gates dismisses the inflation and economic doom and gloom to insist now is ‘dramatically’ the best time to be alive
By Tristan BoveJanuary 12, 2023
Why IBM is no longer interested in breaking patent records–and how it plans to measure innovation in the age of open source and quantum computing
Commentary
Why IBM is no longer interested in breaking patent records–and how it plans to measure innovation in the age of open source and quantum computing
By Darío GilJanuary 6, 2023
10 Innovators Shaping the Future of Health
Health
10 innovators shaping the future of health
By Kasandra BrabawNovember 16, 2022
FASHION-FRANCE-WOMEN-COPERNI
Features
He sprayed on Bella Hadid’s dress in that viral stunt. Now the inventor of fabric-in-a-can wants to revolutionize fashion’s slow, dirty supply chain
By Ian MountOctober 25, 2022
These CEOs bet billions on seemingly unrealistic sustainability projects–and won. I asked them how
Commentary
These CEOs bet billions on seemingly unrealistic sustainability projects–and won. I asked them how
By Clarke MurphySeptember 20, 2022
‘Preserve’ your culture at your own peril
Commentary
‘Preserve’ your culture at your own peril
By Patrick CriteserAugust 20, 2022
Sheikh Hamdan bin Mohammed bin Rashid al-Maktoum
The Ledger
The crown prince of Dubai says he has a ‘metaverse strategy’ that will add 40,000 jobs and $4 billion to the economy in 5 years
By Marco Quiroz-GutierrezJuly 19, 2022
People walk through the financial district in Manhattan on June 14, 2022 in New York City. The Dow was up in morning trading following a drop on Monday of over 800 points, which sent the market into bear territory as fears of a possible recession loom.
Commentary
Here’s how the best leaders can drive ‘outsized growth’ in times of crisis, according to McKinsey’s research
By Greg Kelly, Jill Zucker and Rebecca DohertyJuly 6, 2022
Agile team structures may stunt innovation and creativity, study finds
Leadership
Agile team structures may stunt innovation and creativity, study finds
By Aman KidwaiJuly 5, 2022
Besma Bouchrit, a research scientist for Brilliant Planet, stand in the middle of an algae farm.
Environment
A U.K. startup is building the world’s largest algae farm that each year will capture CO2 equal to the emissions of 8,000 cars
By Bernhard WarnerJuly 5, 2022
How Putin’s invasion of Ukraine could drive advances in energy technology
Commentary
How Putin’s invasion of Ukraine could drive advances in energy technology
By Dakin SlossJune 28, 2022
Businesswoman brainstorming with colleague
Commentary
Innovation, speed, and local control: How big global companies are adopting ‘fractal’ strategy to stay competitive
By Arindam Bhattacharya, Hans-Paul Buerkner, Allison Bailey and Sharad VermaJune 28, 2022
A Ukrainian journalism professor has fought Putin’s disinformation machine for 8 years—with surprising success. Here’s why he’s convinced fake news can be defeated
Features
A Ukrainian journalism professor has fought Putin’s disinformation machine for 8 years—with surprising success. Here’s why he’s convinced fake news can be defeated
By Bernhard WarnerJune 28, 2022
IBM breaks down the process of innovation on a day-to-day scale
Conferences
IBM breaks down the process of innovation on a day-to-day scale
By Colin LodewickMay 26, 2022
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A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he's a billionaire who says the American Dream isn't deadplaceholder alt text
By Orianna Rosa RoyleAugust 18, 2026
Personal Finance
Current price of oil as of August 18, 2026placeholder alt text
By Joseph HostetlerAugust 18, 2026
Personal Finance
Current price of silver as of Tuesday, August 18, 2026placeholder alt text
By Joseph HostetlerAugust 18, 2026
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