Crucial Quote
“The antithesis of AI is all sports, and for every moment that AI is going to take over and the agents are going to rule the world, you are left with craving live events and entertainment,” said Callahan Erdoes during her conversation with SoftBank Vision Funds’ Alex Clavel, Mubadala Capital CIO Oscar Fahlgren, and Baroness Dambisa Moyo of the UK’s House of Lords.
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Big Number
$9.5 billion. That’s the estimated value of Real Madrid, the most valuable soccer team in the world. The 30 clubs on our 2026 Forbes ranking are worth a combined $87 billion.
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Key Background
The fifth annual Forbes Iconoclast summit took place in New York City Wednesday morning. The summit brings together the world’s most influential investors and financiers with over $20 trillion in total assets under management. This year’s speakers include Bridgewater founder Ray Dalio, Carlyle CEO Harvey Schwartz, Bank of America CEO Brian Moynihan, and new billionaire David Beckham.
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Further Reading
The Forbes Iconoclast 50 2026 List: Top Leaders Making Impacts (Forbes)