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SuccessWith no heirs to leave it to, this billionaire is pouring his fortune into a Texas ghost town of about 25 people

John Poindexter, the 81-year-old founder of truck-body maker J.B. Poindexter & Co., wants to turn Shafter, Texas, into a living history museum.

By Sydney LakeSeptember 27, 2026
The U.S. economy is running hot and stuck on a hamster wheel as GDP growth must outpace borrowing costs—or risk getting sucked into a debt spiral
Economy
The U.S. economy is running hot and stuck on a hamster wheel as GDP growth must outpace borrowing costs—or risk getting sucked into a debt spiral
By Jason MaSeptember 27, 2026
‘China has arrived’: From $1,000 Gucci sneakers to German cars, China is coming for the industries that made Europe rich
Health
‘China has arrived’: From $1,000 Gucci sneakers to German cars, China is coming for the industries that made Europe rich
By Mia OsmonbekovSeptember 27, 2026
OpenAI CEO Sam Altman sitting at a table while appearing before the UN Security Council and holding an earphone to one ear.
Cybersecurity
OpenAI says its AI agents escaped a secure ‘sandbox’ again last weekend and it is pausing training for a second time
By Jeremy KahnSeptember 26, 2026
Latest
Thinking about buying stocks instead of a home as mortgage rates top 7%? The S&P 500 has blown away the housing market over the past decade10 minutes ago
Sand deficit: Coastal erosion is so bad in California that the residents of this mostly Republican city may tax themselves to restore the beach2 hours ago
Giorgio Armani’s will requires the sale of a 15% stake in his empire within 18 months of his death. LVMH, L’Oréal and EssilorLuxottica may split it2 hours ago
The U.S. economy is running hot and stuck on a hamster wheel as GDP growth must outpace borrowing costs—or risk getting sucked into a debt spiral3 hours ago
The making of Tim Cook: How Apple’s departing CEO went from ‘the genius behind Steve Jobs’ to a star in his own right
Magazine
The making of Tim Cook: How Apple’s departing CEO went from ‘the genius behind Steve Jobs’ to a star in his own right
By Indrani SenSeptember 27, 2026
navya
Success
Her school blocked ChatGPT. Now this 17-year-old high school senior runs an AI startup with 1,000 users
By Nick LichtenbergSeptember 27, 2026
Multigenerational family get together, grandma, mom and child play chinese checkers in cozy home with warm light, creating loving atmosphere.
Personal Finance
In the affordability crisis, 37% of parents are counting on financial help from the Bank of Baby Boomers and can’t wait for the Great Wealth Transfer
By Joshua HongSeptember 27, 2026
Byron V. Garrett, the CEO of Genesys Works
Success
Gen Z aren’t ready for the workplace—and this youth job program CEO is giving them a crash course in emails and workplace etiquette to change that
By Emma BurleighSeptember 27, 2026
How Trump could wrest Citgo from Elliott Management and hand it back to Venezuela
Energy
How Trump could wrest Citgo from Elliott Management and hand it back to Venezuela
By Brandon MulderSeptember 27, 2026
Trump stonewalls Iran as U.S. helps double oil volume exiting the Persian Gulf, with the military now guiding ships through Hormuz in broad daylight
Middle East
Trump stonewalls Iran as U.S. helps double oil volume exiting the Persian Gulf, with the military now guiding ships through Hormuz in broad daylight
By Jason MaSeptember 26, 2026
‘Godfather of AI’ explains how humanity could end: Even without a bad actor, AI ‘may derive subgoals that cause it to want to get rid of people’
AI
‘Godfather of AI’ explains how humanity could end: Even without a bad actor, AI ‘may derive subgoals that cause it to want to get rid of people’
By Jason MaSeptember 26, 2026
Man at a podium in a suit
Big Tech
Oracle gave Larry Ellison and his co-CEOs nearly $1 billion in stock options. By fiscal year end, all were underwater
By Amanda GerutSeptember 26, 2026
Newsletters
MPW DailyBy Emma Hinchliffe
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The latest women executives on the move, from Gap’s board to the C-suite at Driscoll’s
MarketsBy Jim Edwards
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The S&P 500’s ‘biggest risk’ is companies’ ‘debt refi wall’ as bond yields top 5%
CEO DailyBy Diane Brady
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Upstart sports leagues fail constantly. SailGP is beating the odds
Term SheetBy Amanda Gerut
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AJ Scaramucci’s Solari Capital emerges from stealth with $350 million deployed and a case that companies stay private too long
Fortune TechBy Andrew Nusca
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OpenAI’s rogue AI agent issue isn’t going away
MPW DailyBy Emma Hinchliffe
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The Trump White House killed DEI. Now Melania Trump is launching a new initiative for female CEOs
Fortune Daily Episodes
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Inside Chevron’s Massive Bet on AI & Energy | Fortune DailySeptember 23, 2026
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Effective Altruism Explained: Why the Pentagon Is Attacking AI 'Doomers' | Fortune DailySeptember 22, 2026
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When to Spend Everything ft. Bill Perkins | Fortune DailySeptember 21, 2026
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Why Viral Views Don’t Equal a Business (And What Does) | Fortune DailySeptember 20, 2026
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How Lucy Guo Became a Self-Made AI Billionaire | Fortune DailySeptember 16, 2026
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Inside Gap’s High-Stakes Comeback | Fortune DailySeptember 15, 2026
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Inside The Secret Economy of Billionaire Travel | Fortune DailySeptember 14, 2026
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Why ChatGPT’s Founder Wants to Pump the Brakes on AI | Fortune DailySeptember 13, 2026
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Who Really Controls the Future of AI?September 2, 2026
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Can We Trust OpenAI to Protect Our Power Grid? September 1, 2026
AI
As AI giants warn of existential risk, they can also build a competitive moat via safety. ‘It’s genius and they’re all going to make a lot of money’
AI
As AI giants warn of existential risk, they can also build a competitive moat via safety. ‘It’s genius and they’re all going to make a lot of money’
By Garance Burke and The Associated PressSeptember 27, 2026
navya
Success
Her school blocked ChatGPT. Now this 17-year-old high school senior runs an AI startup with 1,000 users
By Nick LichtenbergSeptember 27, 2026
j
Commentary
EY Global Vice Chair: AI’s biggest paradox comes down to what AI can’t do
By Julie TeiglandSeptember 27, 2026
js
Commentary
Transformative innovation and shifting balance: How boards can track stakeholder momentum
By Jane SadowskySeptember 27, 2026
Fortune 500: Titans and Disruptors of Industry
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Sam Altman: Safety Standards 'Not at a Place' to Push AI Capabilities Much FurtherSeptember 11, 2026
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Why GM's CEO Mary Barra is Still Bullish on Electric VehiclesSeptember 9, 2026
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Bill Ackman's takes on Mamdani, Trump and investing in the age of AIAugust 4, 2026
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FedEx CEO on How AI Can Fix a $1.8 Trillion Global Supply Chain ProblemJuly 14, 2026
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$4 Trillion Savings Gap: TIAA’s CEO on The Retirement Crisis June 16, 2026
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Qualcomm's AI takeover | Titans and DisruptorsMay 5, 2026
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Delta: Bankrupt to Billions | Titans and DisruptorsMarch 31, 2026
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The End of Work: Vinod Khosla's Bold AI Prediction | Titans and DisruptorsMarch 3, 2026
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Google’s AI boss made OpenAI issue code red. Now he wants to solve disease. | Titans and DisruptorsFebruary 10, 2026
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Pfizer CEO took on COVID. Now he wants to cure cancer | Titans and DisruptorsJanuary 27, 2026
Success
Ex-Meta exec says Mark Zuckerberg taught him a lesson in work-life balance. Now he has strict rules for meetings and emails at his $1 billion tax firm
Success
Ex-Meta exec says Mark Zuckerberg taught him a lesson in work-life balance. Now he has strict rules for meetings and emails at his $1 billion tax firm
By Orianna Rosa RoyleSeptember 27, 2026
Dara Khosrowshahi, chief executive officer of Uber Technologies
Success
Uber CEO says ‘really demanding’ work culture includes expecting employees to answer emails over the weekend: ‘Don’t come here if you want to coast’
By Emma BurleighSeptember 27, 2026
navya
Success
Her school blocked ChatGPT. Now this 17-year-old high school senior runs an AI startup with 1,000 users
By Nick LichtenbergSeptember 27, 2026
With no heirs to leave it to, this billionaire is pouring his fortune into a Texas ghost town of about 25 people
Success
With no heirs to leave it to, this billionaire is pouring his fortune into a Texas ghost town of about 25 people
By Sydney LakeSeptember 27, 2026
Term Sheet Podcast
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Inside Wonder's Plan to Automate Restaurants: From Robotic Kitchens to Drone Delivery | Term SheetAugust 25, 2026
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This Mentalist Says He’s Training ChatGPT to Hypnotize People | Term SheetAugust 13, 2026
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How this multi-millionaire investor spots billion-dollar ideas | Term SheetJune 23, 2026
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The Investor Who Bet on SpaceX, OpenAI and Anthropic Before You Could | Term SheetJune 10, 2026
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The $2B AI tool automating Wall Street | Term SheetMay 27, 2026
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This creator investor on the truth about the AI gold rush | Term SheetMay 13, 2026
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From a Palo Alto closet to $1 billion revenue: how Gusto cracked small business software | Term SheetMay 7, 2026
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The Startup Fighting to Save the American Farm with Modern Finance | Term SheetApril 7, 2026
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How Winston Weinberg built his $11 billion AI Company | Term SheetMarch 17, 2026
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Why revenue is an outdated metric | Term SheetFebruary 18, 2026
From the Magazine
MagazineNo. 1 on the Fortune Global 500: Amazon’s Jeff Bezos on how his garage startup became the largest company in the world by revenue

As Amazon pours $200 billion into AI this year, Bezos says the company’s next act will define the next decade.

By Kristin StollerJuly 28, 2026
How Wistron’s early Nvidia bet made it an unsung winner of the AI boom—and one of the biggest risers on this year’s Global 500
Magazine
How Wistron’s early Nvidia bet made it an unsung winner of the AI boom—and one of the biggest risers on this year’s Global 500
By Nicholas GordonJuly 28, 2026
Can a global car company survive today’s complicated world? Nissan hopes to find out
Magazine
Can a global car company survive today’s complicated world? Nissan hopes to find out
By Andrew StaplesJuly 28, 2026
Meet SLB: The $70 billion oil services giant poised to cash in on AI data centers and the post-Strait of Hormuz oil exploration boom
Magazine
Meet SLB: The $70 billion oil services giant poised to cash in on AI data centers and the post-Strait of Hormuz oil exploration boom
By Jordan BlumJuly 24, 2026
ackman
Magazine
The American Dream according to Bill Ackman
By Jeff John RobertsJuly 20, 2026
Energy
As soaring energy prices crush businesses, France rolls out a new $500 million aid package, including help with commuting and heating costs
Energy
As soaring energy prices crush businesses, France rolls out a new $500 million aid package, including help with commuting and heating costs
By John Leicester and The Associated PressSeptember 27, 2026
How Trump could wrest Citgo from Elliott Management and hand it back to Venezuela
Energy
How Trump could wrest Citgo from Elliott Management and hand it back to Venezuela
By Brandon MulderSeptember 27, 2026
Trump stonewalls Iran as U.S. helps double oil volume exiting the Persian Gulf, with the military now guiding ships through Hormuz in broad daylight
Middle East
Trump stonewalls Iran as U.S. helps double oil volume exiting the Persian Gulf, with the military now guiding ships through Hormuz in broad daylight
By Jason MaSeptember 26, 2026
After Iran makes new offer to fully reopen the Strait of Hormuz, Trump posts a map on social media calling it the ‘Trump Strait’
Politics
After Iran makes new offer to fully reopen the Strait of Hormuz, Trump posts a map on social media calling it the ‘Trump Strait’
By Cara Anna and The Associated PressSeptember 26, 2026
Fortune Rankings
Change the World
Change the World
By FortuneSeptember 23, 2026
Fortune 500 Europe logo
Fortune 500 Europe
By FortuneSeptember 16, 2026
Fortune Global 500 Ranking
Fortune Global 500
By FortuneJuly 28, 2026
Fortune 500
Fortune 500
By FortuneJune 3, 2026
Leadership
Ex-Meta exec says Mark Zuckerberg taught him a lesson in work-life balance. Now he has strict rules for meetings and emails at his $1 billion tax firm
Success
Ex-Meta exec says Mark Zuckerberg taught him a lesson in work-life balance. Now he has strict rules for meetings and emails at his $1 billion tax firm
By Orianna Rosa RoyleSeptember 27, 2026
Dara Khosrowshahi, chief executive officer of Uber Technologies
Success
Uber CEO says ‘really demanding’ work culture includes expecting employees to answer emails over the weekend: ‘Don’t come here if you want to coast’
By Emma BurleighSeptember 27, 2026
navya
Success
Her school blocked ChatGPT. Now this 17-year-old high school senior runs an AI startup with 1,000 users
By Nick LichtenbergSeptember 27, 2026
j
Commentary
EY Global Vice Chair: AI’s biggest paradox comes down to what AI can’t do
By Julie TeiglandSeptember 27, 2026
From Pilot to Profit
AIAI agents are flattening corporate hierarchies. Here’s how companies—and managers—can develop a new playbook

Around 41% of employees say their companies trimmed management layers last year, according to Korn Ferry.

By Sharon GoldmanJune 9, 2026
Artistic drawing of two employees using several tools at once
AI
Why dbt Labs CEO views AI efficiency and creativity as the same thing
By Sage LazzaroJune 9, 2026
Reward or threat? Omnisend offers quarterly raises for employees who use AI to drive business impact—and says those who don’t will get left behind
AI
Reward or threat? Omnisend offers quarterly raises for employees who use AI to drive business impact—and says those who don’t will get left behind
By Sage LazzaroJune 9, 2026
Artistic rendering of complex systems being simplified by two workers
AI
How Lumen’s ‘maniacal focus’ on KPIs drove measurable AI impact across use cases and the company at large
By Sage LazzaroJune 9, 2026
Artistic rendering of a hacker trying to gain access to a worker's computer
AI
AI is supercharging cyberattacks—and most companies aren’t ready
By Beatrice NolanJune 9, 2026
Features
Sam Altman on the burden of leading OpenAI amid AI safety concerns: ‘You get used to anything’
AI
Sam Altman on the burden of leading OpenAI amid AI safety concerns: ‘You get used to anything’
By Fortune EditorsSeptember 15, 2026
Thumbnail image for Fortune Titans and Disruptors of Industry podcast reads, "Losing Control of AI?" and depicts Fortune Editor-in-Chief Alyson Shontell and OpenAI CEO Sam Altman in conversation on a podcast.
AI
Exclusive: Sam Altman addresses AI doomsday fears in new interview
By Alyson ShontellSeptember 12, 2026
Exclusive: OpenAI’s Sam Altman hints at pact with other AI companies to address safety risks
AI
Exclusive: OpenAI’s Sam Altman hints at pact with other AI companies to address safety risks
By Alexei OreskovicSeptember 12, 2026
Apple unveils $2,000 iPhone Duo, its first foldable smartphone
Big Tech
Apple unveils $2,000 iPhone Duo, its first foldable smartphone
By Sebastian HerreraSeptember 9, 2026
Real Estate
Thinking about buying stocks instead of a home as mortgage rates top 7%? The S&P 500 has blown away the housing market over the past decade
Real Estate
Thinking about buying stocks instead of a home as mortgage rates top 7%? The S&P 500 has blown away the housing market over the past decade
By Jason MaSeptember 27, 2026
Baby boomers are setting up a showdown with millennials, aging in place and plunking down hundreds of thousands on renovating their homes
Real Estate
Baby boomers are setting up a showdown with millennials, aging in place and plunking down hundreds of thousands on renovating their homes
By Sydney Lake and Alena BotrosSeptember 27, 2026
An 87-year-old woman was evicted via stretcher from a Madrid apartment she lived in for decades, sparking mass protest against Spain’s housing crisis
Real Estate
An 87-year-old woman was evicted via stretcher from a Madrid apartment she lived in for decades, sparking mass protest against Spain’s housing crisis
By Alicia Leon, Suman Naishadham and The Associated PressSeptember 26, 2026
Two women, with a man standing next to them, shake hand in front of a house.
Real Estate
Nearly half of home sellers are now offering incentives to unload their properties—even $20,000 in concessions and all-expenses-paid cruises
By Sasha RogelbergSeptember 26, 2026
Great Place to Work Rankings
Best Workplaces in Chicago
Best Large Workplaces in Chicago
By FortuneJune 16, 2026
Best Workplaces in New York
Best Large Workplaces in New York
By FortuneJune 9, 2026
Best Workplaces in Texas
25 Best Large Workplaces in Texas
By FortuneJune 2, 2026
Best Workplaces in The Bay Area
25 Best Large Workplaces in the Bay Area
By Fortune EditorsMay 26, 2026
Commentary
AutomationBy Julie Teigland
EY Global Vice Chair: AI’s biggest paradox comes down to what AI can’t do
corporate boards of directorsBy Jane Sadowsky
Transformative innovation and shifting balance: How boards can track stakeholder momentum
Silicon ValleyBy Alex Stephany
I left 2 corporate careers to find purpose in Silicon Valley. Instead, I found it solving the wrong things
AI agentsBy Bryan Goode
Microsoft VP: SaaS isn’t dying. It’s becoming the operating system for AI agents—and that changes everything
250 Years of InnovationBy Kirk Tanner
Hershey CEO: America’s 250 years of innovation and why we expanded our innovation pipeline 50% in one year
philanthropyBy Phil Buchanan and Elisha Smith Arrillaga
We’re researchers tracking the nonprofit crisis. Philanthropy’s response is not enough
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