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_uk-man-runs-the-length-of-africa-in-less-than-a-year.webp "UK man runs the length of Africa in less than a year! British man Russ Cook ‘Hardest Geezer’ has run from the southern tip to the northernmost point of Africa in 362 days for a fundraiser.")
_mystic-topaz-by-silverandgold-com.webp "SilverAndGold")
_all-about-imperial-topaz-a-mystic-topaz-bonus.webp "Gemstones")
_this-billionaire-bought-over-a-thousand-small-businesses-and-never-lost-a-dime.webp "Staying small is working out big time for Shore Capital. Their average internal rate of return on its 14 exits, all in health care, is 53%, net of fees. That’s nearly triple the average net IRR of U.S. buyout funds raised since 2009, according to data from Cambridge Associates. After Shore took its 20% to 30% cut of profits, its exits multiplied investors’ money by 5.5 times on average, also nearly triple the average total value to paid-in capital multiple of U.S. buyout funds raised during that period. Shore has never unloaded a company for less than three times cost before fees, nor, it says, has it ever suffered a loss. “Those are top 1% returns in private equity,” marvels one investor who asked not to be identified, citing his organization’s press policy. “That’s rarefied air, right? That’s more like venture capital than a traditional buyout firm.”<br/><br/>Ishbia and his team have acquired more than 1,000 mom-and-pop shops across the country (average cost: $15 million) since Shore’s 2009 founding and rolled them up into 61 larger chains of things including autism treatment clinics, bakeries and exterminators. “We’re buying businesses in Akron, Ohio, and Pittsburgh, and Birmingham, Alabama,” Ishbia says. “There’s more low-hanging fruit for me. It’s Joe Schmo on Main Street.”<br/><br/>Shore then invests in computer systems and equipment, stacks the businesses’ boards with industry veterans and hunts for complementary companies in adjacent markets. “We’re just buying and buying and buying,” says Ishbia, who insists Shore doesn’t take on as much debt as other private equity firms and doesn’t cut services or head count. “The private equity world gets a bad rap for ‘buy this, slash that.’ We are growth—we have almost 35,000 employees and hire thousands per year.”<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/mattdurot/2024/04/08/this-main-street-billionaire-bought-over-a-thousand-small-businesses-and-never-lost-a-dime-justin-ishbia/?sh=3140aa9e39ee<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.")
_fantastic-day-topaz-crystal-mining-in-utah.webp "The Crystal Collector")
_topaz-gem-identification.webp "Foggy Mountain Gem Mine")
_vietnam-paints-billionaires-death-sentence-as-a-victory-for-clean-governance-its-not.webp "It’s Southeast Asia’s biggest ever fraud, amounting to $12.5 billion and embroiling some of Vietnam’s top bankers and officials. And on Thursday, a Ho Chi Minh City court reached its verdict: a death sentence for Truong My Lan, a highflying 67-year-old businesswoman who began life hawking cosmetics from a market stall in the southern city before in 1992 founding Van Thinh Phat, a sprawling company which developed luxury apartments, offices, hotels, and shopping malls.")
⏲ 1:44 👁 10.6M
_hunter-rugby-season-preview-southern-beaches-newcastle-herald.webp "Southern Beaches halfback Cameron Brown")
_southern-nsw-womens-league-grand-final-2024.webp "Coolamon defeat Ganmain-Grong Grong-Matong in the 2024 Southern NSW Women's League grand final")
_anand-pandit-daughter-wedding-reception-kashmira-shah-to-adah-sharmawho-looks-best.webp "बॉलीवुड के मशहूर प्रोड्यूसर और रियल एस्टेट डेवलपर आनंद पंडित की बेटी ऐश्वर्या और साहिल की वेडिंग रिसेप्शन की पार्टी रखी, जिसमें इंडस्ट्री के कई बड़े सितारे अपना जलवा बिखेरते नजर आए. ऐश्वर्या और साहिल के वेडिंग रिसेप्शन में ने इंडस्ट्री के सेलेब्स ने अपनी उपस्थिति से चार चांद लगा दिए, जिनकी प्यारी तस्वीरें सोशल मीडिया पर वायरल हो रही हैं और खूब पसंद भी की जा रही हैं. इस खास मौके पर मनोज बाजपेयी से लेकर अदा शर्मा तक कई स्टार्स ने शिरकत की. चलिए नजर डालते हैं सभी के धांसू लुक और अंदाज पर.<br/> <br/>The wedding reception party of Aishwarya and Sahil, daughter of famous Bollywood producer and real estate developer Anand Pandit, was held, in which many big stars of the industry were seen spreading their magic. At Aishwarya and Sahil's wedding reception, celebs from the industry added charm with their presence, whose lovely pictures are going viral on social media and are also being liked a lot. Many stars from Manoj Bajpayee to Adaa Sharma participated in this special occasion. Let's take a look at everyone's dashing look and style. <br/> <br/>#AnandPanditDaughterWeddingreception,#AnandPanditDaughterReceptionPartyFullVideo,#AnandPanditDaughterCelebsFullVideo<br/>~PR.266~ED.284~")
⏲ 3:21 👁 300K
_nasa-tess-all-sky-mosaic-and-more-created-with-5-years-of-imagery.webp "Five years of imagery from NASA's Transiting Exoplanet Survey Satellite (TESS) have been stitched together to create an all-sky and northern & southern ecliptic mosaics. <br/><br/>Credit: NASA/MIT/TESS and Ethan Kruse (University of Maryland College Park) | edited by Space.com's Steve Spaleta")
_flip-out-mittagong-opens-this-weekend.webp "Have a behind-the-scenes look at Flip Out Mittagong before it opens on April 13.")
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