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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.

How One Billionaire Lost Millions And Left Underserved Scholarship Students In Limbo

⏲ 20:9 👁 755K

Gavin Wong Magic

FIRST LOOK - Holographic GILDED 1ST Playing Cards! #Shorts

⏲ 21 seconds 👁 871.2K

Tech Terminus

Introducing the HP Pavilion 15 (2023) Intel 13th Gen laptop🔥✨ #hp #hppavilion #intel13thgen

⏲ 23 seconds 👁 952.8K

Škoda Auto presents the second generation of the Kodiaq, taking sustainability, spaciousness and safety to a new level. The Czech car manufacturer’s SUV flagship has seen its dimensions increased once again and now features the first elements of the Modern Solid design language. The all-new Kodiaq comes with state-of-the-art infotainment systems, including an optional 13-inch screen and a head‑up display. Innovative Škoda Smart Dials with haptic controls and a 10-inch Virtual Cockpit come as standard. The voice control system will from mid-2024 onwards become even more advanced with the integration of the AI-based chatbot ChatGPT. Škoda’s large SUV also adopts a new interior concept based on Design Selections. The five powertrains offer outputs from 110 kW (150 hp) to 150 kW (204 hp) and are always mated to a DSG automatic transmission. The powertrain line-up now also includes a plug in hybrid version with an electric range of more than 100 kilometres and an entry-level mild-hybrid powertrain. The two top engines are combined with all-wheel drive as standard. Also making their debuts are the latest generations of the LED Matrix beam headlights with a significantly higher light output and the Dynamic Chassis Control system (DCC Plus).

The new Škoda Kodiaq iV Design Preview

⏲ 2:48 👁 1M

kwoknation

Unboxing The $4000 Surface Laptop Studio #Shorts

⏲ 1 minute 1 second 👁 2.5M

Logan Ivey

Using a dumb phone for a month

⏲ 59 seconds 👁 233.7K

Škoda Auto presents the second generation of the Kodiaq, taking sustainability, spaciousness and safety to a new level. The Czech car manufacturer’s SUV flagship has seen its dimensions increased once again and now features the first elements of the Modern Solid design language. The all-new Kodiaq comes with state-of-the-art infotainment systems, including an optional 13-inch screen and a head‑up display. Innovative Škoda Smart Dials with haptic controls and a 10-inch Virtual Cockpit come as standard. The voice control system will from mid-2024 onwards become even more advanced with the integration of the AI-based chatbot ChatGPT. Škoda’s large SUV also adopts a new interior concept based on Design Selections. The five powertrains offer outputs from 110 kW (150 hp) to 150 kW (204 hp) and are always mated to a DSG automatic transmission. The powertrain line-up now also includes a plug in hybrid version with an electric range of more than 100 kilometres and an entry-level mild-hybrid powertrain. The two top engines are combined with all-wheel drive as standard. Also making their debuts are the latest generations of the LED Matrix beam headlights with a significantly higher light output and the Dynamic Chassis Control system (DCC Plus).

The new Škoda Kodiaq iV Interior Design in Studio

⏲ 1:37 👁 375K

Short u0026Videos

Bangladeshi School Girl Funny Tiktok Video 2022

⏲ 15 seconds 👁 20.7K

WorldofTech

Chromebooks: How to Factory Reset (Format) Back to Factory Defaults

⏲ 1 minute 47 seconds 👁 90.9K

Larry Connor made a fortune in luxury apartments by obsessing over the smallest transaction. His strategy has paid off for years, but now that the market has shifted, how close to the edge is he willing to go? <br/><br/>“You’ve got to be willing to take calculate risk, not stupid risk,” Connor says. That has been a winning strategy for him and his real estate firm, the Connor Group, which has led to three decades of astronomical returns and a $2 billion personal fortune.<br/><br/>Since he cofounded the business in 1991, its investments in luxury apartments have generated an annual rate of return of 30.4%. That’s almost unheard of in an industry in which titans such as Blackstone and Brookfield have posted returns of 16% and 18% in real estate, respectively, since inception. <br/><br/>0:00 Intro<br/>0:52 Who is Larry Connor?<br/>1:15 Entrepreneurial Journey<br/>4:11 Formation of The Connor, Murphy and Berman Group<br/>5:25 Methodology for Success <br/>6:52 Thrill-seeking Adventures <br/>8:11 Philanthropic Pursuits<br/>11:01 The Greater Dayton School<br/>13:44 Larry the Leader<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/giacomotognini/2024/04/17/meet-the-skydiving-billionaire-with-sky-high-returns/?sh=48136b3f8dfa<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.

This Thrill-Seeking Billionaire Made a Fortune in Luxury Apartments

⏲ 15:12 👁 450K

Nayon Tech BD

HP 15s-DU1096TU Intel core i5 10th Gen Quick Review (Bangla) | 15.6\" Full HD LED | Windows 10 Home

⏲ 4 minutes 19 seconds 👁 937

Baby Monster School

Cameraman Vs Skibidi Toilet | Cameraman's Team Comes To Save TVman

⏲ 30 seconds 👁 11.5M

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