Here are six stories detailing some of the most impressive milestones from entrepreneurs among the past year's Forbes 400 list
ogether the members of The Forbes 400 list of richest Americans are worth a record-setting $2.96 trillion. That figure didn’t grow on its own. The entrepreneurs among the 400 list have made plenty of bold moves—and have taken risks—to achieve success. Whether by pioneering new industries or innovating in old ones, many members of The Forbes 400 have made their companies more valuable with their bold decisions. Here are six stories behind some of the past year’s most impressive milestones.
In late 2018 and early 2019 Snap suffered a wave of executive departures amid a downturn in the number of users, as the company faced growing competition from Instagram, which is owned by Facebook. The recent turnaround in users came after the company introduced a new augmented reality lens for its in-app pictures and a rebuilt version of its app for Android phones. Thanks to better results, the stock rose nearly 70% in the past year and the fortunes of its two cofounders jumped over 55% apiece.
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