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Businessweek megan murphy. Megan, love this issue, love the people that you write about. What is the bloomberg 50 . Megan we are so thrilled and pleased with this. This is the first time we have ever done this. When bloomberg thought about it, we thought, who were the 50 people who really defined the Global Business landscape in 2017 . When you look at this list, it is always the same people on this list. When we did it, we thought, what if we did this differently and looked to find the people you have heard of . Some of them, you are not going to have heard of a lot of them, but in an identifiable way really changed the way you , think, what you do, how you conduct your life or business and will also be your trendsetters in the future. We are really excited about the names on this list and how it has come out. Julia two women who defined something in 2017 and unleashed a wave rose mcgowan and ashley , judd. Of course we are talking about Harvey Weinstein. A third woman, too, that changed the landscape in media, and politics, in 2017 in particular. Megan we were looking at this particular issue and the wave of Sexual Harassment that has spread across industries, hollywood, the tech, it remains ongoing. We are grappling with it. To try and single out anyone was hard, but the recent we chose the reason we took rose mcgowan and ashley judd was they were really the ones that went that credibility leant that credibility, they were the who first came forward and that ones seminal New York Times piece that uncovered the extent of the Harvey Weinstein allegations. When you think about it, we had the revelations in the tech industry, but it was that article and subsequent reporting we should say by random pair of pharaohat the rene at the new yorker that was the tsunami that has swept across so Many Industries and unleashed metoo, and has so many women coming forward. We have not seen the end of these revelations, we have not but we feel that was the Tipping Point with bravery and courage to bring voices forward. Carol and a story that will continue, no doubt about it. Another story practical have a lot of legs in 2017 will be robert mueller, the special counsel looking into the trump campaign, connections with russias, russia and the , election. Megan politics is the hardest to do because to pick out the people that have a measurable impact in terms of getting stuff done, the list is pretty short in washington. But in terms of who has really upended washington and continues to potentially define the landscape not only in 2017 but also 2018 is bob mueller, who is conducting this investigation. I would say far more wideranging than people expected and will continue to uncover things we dont know, even as well think we know at this point. He is the defining player in 2017 in washington and for this list. Carol very thoughtful in a world where everything is quick and short. Megan and very few leaks. People think this is one of the leakless investigations in washington. So we will see what he turns out. Julia it goes right to the top, as well. This is a cloud hanging not over just the president s business dealings but also the president himself. Megan we used to say that this and we should not joke about this, but this was watergate without the tapes in terms of the coverup may be the thing that does the administration in. When we look at the figures it is picking off and is picking off very systematically it looks , like Michael Flynn might be next in line and these things are slowing upwards, not downwards. He didnt start with the biggest fish, he started the smaller fish. If you know about mueller, you know what he has done in the past. Julia you were searching for Political Action men. What about a Political Action women in the form of nikki haley, u. S. Ambassador to the united nations. She has got punch. Megan she has got punch. And she may be our next secretary of state. Rumors continue to swirl about Rex Tillerson and his tenure in that job. Nikki haley one reason we wanted to capture nikki haley is because she is so different than people expected her to be. Our photographer said she was so funny in person. She has such a spirited character. She has really embraced this u. N. Role. She is the voice of Foreign Policy for america, the most coherent voice we have. Scarlet but even thats julia not being afraid to push back on comments trump has made, particularly with regards to russia with their actions in ukraine and syria. Megan nikki haley is an ambitious figure and has her sights potentially not only on a different cabinet role, but a different role in washington altogether. Carol we will be watching her i guess again in 2018. We talked to the editor who put this edition together. The bloomberg 50, and here is more from him. The process was long and involved and took most of the year. And what we did was really survey all of the bloomberg reporters and editors, not just in the u. S. , but throughout the world. We took submissions, and we sort of sifted through all of those. Of submissions. Brett we wound up with 50. Criteria . T was the bret the criteria and the thing that separates this list from other lists is that the person had to have a major accomplishment in 2017. So a lot of times on these lists, you will find people who kind of could be on the list in 2016, 2017, and probably 2018, and our guiding principle was there has to have been a very strong data point, some piece of quantitative analysis that said this person belongs on this list this year. Carol what i like about the list, and im assuming you felt this way before, we read through some of the names and we are like, of course, and some are on this before like economists and scientists. I had no idea. Fascinating. I love that part of it. Bret the fun part about putting this together is that we wanted that sense of serendipity. That is all good magazine making. When you are looking through the magazine, there are some you are familiar with and others you are thinking, i have never heard of this person. How could they be one of the most impactful people in global could they be one of the most impactful people in Global Business . You read about them and they have either discovered something fascinating that maybe did not make the front page of newspapers but was really huge. Julia lets move and talk about one man individually. We could give one million reasons, and that would be jeff bezos. Clearly after the big Holiday Shopping weekend, this is the perfect time. Bret now he is now worth 100 billion. Not bad. Jeff bezos big moment came in june when he purchased whole foods for 13. 7 billion. Carol i think it shocked all of us because it is such a traditional it is a grocery chain. Bret within a couple of hours of that announcement, the krogers of the world, the walmarts, costcos, all 30others lost a combined billion in value. And really what this is is a sign that wall street thinks there is no stopping his ambition to basically not just be the Biggest Online retailer, but the biggest retailer in the world. Carol that ambition includes going up into space. It also includes a journalist with the washington post. He is in many different sectors. Bret when you have 100 billion, you can buy a newspaper , space tourism, blue origin if , you want and he has done these things. It was a huge year for him. He could have been on it last year, and he probably will be on next year, but the purchase of whole foods was huge. Carol we will have to see who gets the second headquarters, because everybody wants to have it. Another big name of course is elon musk. We spent a lot of time talking about him. He has his fingers in a lot of different pots too. ,ret a lot of different pots but the biggest one came in when he released the sedan. Tesla is a competitor to detroit and it gave tesla a market cap around 50 billion which is roughly in line with gm. So that was his huge moment. He also wants to go to space through spacex, and by 2022 aims to have a colony on mars. Julia although even he has admitted it may be on the ambitious side. [laughter] carol both of these companies are people who are revered individuals and everyone is rooting for them in terms of what they are doing and then you have what kind of the Financial Community saying, they are spending a lot of money and maybe they are not as profitable as we would like to see. And it is just fascinating. Bret if you look at what they have done in the course of a year it is pretty amazing. , carol turning the bloomberg 50 into a cover image was the job of the creative director rob vargas. Julia special issue, the bloomberg 50. Talk about how you pulled this cover together this week. Rob so its obviously a very simple cover. 50. Very large. Julia it is important though. Rob one of the things that sort of i think makes this different from others is that it is not ranked from one to 50. We wanted to make that very clear, that all 50 are special in their own way. We have great photography inside but we didnt want to use any on the cover to make it seem like these are the most prominent on the list. So we went with the simple number. Julia 50 or nothing in this case. Carol you could have been democratic and put all 50 in little squares. [laughter] rob true, but the inside would have been plain. Julia i wonder about the color of theresas hair. You have gone for something very bold. They made a splash. Rob they issue is celebratory in a lot of ways. Obviously there are people who made more positive differences than others, but it is a celebratory issue, and especially given the news cycle, when there are really tough stories, like we wanted to be more bright and colorful with this. Julia up next, the Goldman Sachs executive revolutionizing the way banks keep shareholding happy. Carol the bitcoin rival gains traction. Our conversation with the Digital Currency either. Julia this is the bloomberg 50. Carol welcome back to Bloomberg Businessweek, the bloomberg 50. I am carol massar. Julia i am julia chatterley. You can also find us online at businessweek. Com. Carol and our mobile app. Mr. Chavez is one of the people featured in the bloomberg 50. Julia he has increase revenue through 2020 5 billion. Marty chavez is the cfo of Goldman Sachs. He became the cfo in may. He was the acting or the deputy cfo beginning in january. Before that, he was the chief Information Officer at Goldman Sachs. He was the guy that sort of lead their technology efforts, their engineering efforts. Carol interesting career switch. Dakin yes, it is. I think if you look at the cfos across wall street, none of them have a background like marty does. None of them have, through that cio Technology Part of the company and that makes him unique. Carol talk to us about his background. He has been with goldman for some time. Dakin he has. He joined goldman and their j aaron commodities business, as many of the leaders, surprise, surprise. And he has always been he came up through their strats business, which is their engineers. Goldman was first on wall street for sitting the engineers next to the traders and having engineers design algorithms or run models through spreadsheets. Goldman was doing that years before much of wall street, and that was largely led by marty. Julia you talk about the interactions that he had with the chief accounting officer and the importance of data and analysis to him and the ease of which he wanted to read that. He did not want to have to ask questions. Talk about that. Dakin it is interesting. If you talk to cfos across wall street, they will say, i dont know that answer, or i just sat through three days of briefing to get ready for our 10q and our heads of latin america told me this and our head of asia told me this. Marty doesnt want to do that anymore. He wants an ipad basically that has got a dashboard on it so he knows instantaneously, realtime, what the latin America Business is doing or the fixed income trading business is doing. And so that means you are not wasting time. He would tell you, talking to heads of businesses or the accounting officers, and that if you drill down, you can have more substantial conversations. Carol i think what is interesting he is that primary , voice when it comes to investors in the analyst community, and here you have a company struggling in terms of their trading revenue and he is tasked with that message of what increasing goldmans , revenues by 5 billion by 2020. So he has got to make sure the message is clear and they are getting to that target. Dakin thats right. The first Earnings Call he did, he would tell you he is very , tight, he did not disclose much. He kept very on message. In the subsequent Earnings Calls he has done, he has come into his own a little more. Julia bitcoin may have made some huge headlines this year. Carol by the Digital Currency has a rival called ether. Julia here is our reporter. He got his start in cryptocurrencies as a bitcoin developer but quickly realized there was a lot he could not do with bitcoin. It is great for sending value around the world, but he wanted to do more. And he really was interested in trying to create a block chain that could hold and host computer code. So instead of sending coins around like a bitcoin, you can program computer language onto this block chain and have it do a lot more complicated things. And so before he was 20 years old, he had created this amazing sort of new breakthrough in Block Chain Technology called ethereum. And in the years since, it has grown quite exponentially, and they are now sort of getting ready to take it mainstream. Carol but it is not worth as much as bitcoin. We have spent, as you know, matt so much time talking about the , value of bitcoin. Why is it not maybe valued as much . Matt we are early stages for ethereum, and a lot of it is still theoretical. There are not many ways you or i can touch the ethereum block chain. One example to help you understand it, i was able to buy a record on the Ethereum Blockchain a couple weeks ago. I spent some ether, like 10. My money was processed by the code in the block chain, and it sent, you know lets say four , dollars to the lead singer and three dollars to the guitarist, and they programmed this ahead of time. There is no Music Company in the middle. There is no music publisher in the middle. So what it does is it really cuts out the middleman and the backers feel it is a new version of the internet that will be much more peer to peer. So you can see the potential of it, but a lot of it is still theoretical, and is still potential. But it has a lot of developers who are very engaged and committed to it. So we felt that it was a good addition and something people should be on the lookout for. Julia right. So you clearly pointed out this had a few teasing issues. There is also a problem with hackers. I mean we saw hackers steal 55 million worth. They had 171 million lost when funds were frozen. Just in terms of relative stability and ease of use, if we are simply talking about the currencies now bitcoin versus , ether, how do they actually compare . Matt i think when you see hacks and lost coins in ether or in bitcoin, there is a whole ecosystem that is being developed around these technologies. You have got wallets, you have got exchanges, you have got all these new they are like the New York Stock Exchange except it is digital. They are being created on the fly as we speak. And this stuff is moving around the world, and there is a huge valuation to it. So it is a huge target for hackers. I think what you are seeing is they are being tested. The exchanges are being tested, their security is being tested. So a lot of hackers have been successful at breaching the walls and stealing a lot of the currency. In the digital world, but i dont think it is really any different than when banks were less secure and bank robbers were kind of a thing. I think it is just that we are watching this in real time and it seems like the wild west and it certainly is. Julia it certainly feels that way. [laughter] matt yeah. At the same time, the Underlying Technology of the block chain itself is what is really important, and nobody has breached the block chain. If that was to happen, that would be huge, and it would be a very bad sign. You have got the block chain in one area, and all this other stuff not on the block chain and has to have good security and has to have really good programming behind it. Some of it doesnt, and thats where the breaches are coming. If you can change the history of the block chain, that is what records where every bitcoin gets transferred from, and that is what is important about it. If nobody has done that, and if someone was able to do that, that would send huge shocks through this whole community and , that has not happened. Carol up next, the economist that says trade deficits harm marriage. Julia the first black and openly gay head of the Federal Reserve bank. This is the bloomberg 50. Julia welcome back to Bloomberg Businessweek, im julia chatterley. Carol and im carol massar. You can also listen to us on radio on sirius xm 100119 and in york, 99 fm in washington dc and a. M. 960 in the bay area. Julia and in london on dab 90 and in asia on the Bloomberg Radio plus app. Carol the economy plays a big role in the bloomberg 50. Julia businessweeks peter coy opens up the issue this week discussing the theory of , trickledown economics. Peter essentially, the republican tax plan that is working its way through the house and senate is a version of trickledown economics. It is a phrase you dont hear a lot because, certainly on the republican side, because it is considered a term of disparagement, but funnily enough, recently, i went to an event at the Economic Club in new york, and they were introducing Steve Mnuchin the treasury secretary. Carol wellknown business journalist. Peter on stage, it was not a gotcha kind of moment, but he was asked, steve do you still , believe in trickledown economics . You would think, im not going to cop to that, but he said, i do. It was pretty revealing. Julia but he did not tie it to the republicans tax plan for overhaul. [speaking simultaneously] peter more than an inference. But lets talk about what it would mean when we say trickledown economics. It is not a crazy idea in some ways. The idea is that the growth comes from input and labor and capital. And so if you can increase the incentive for there to be more labor and more capital, by cutting taxes, then you can increase the growth rate of the economy, and everyone will benefit. Carol it trickles down. Peter from the top, yes. Julia if we talk about the bloomberg 50, there are very potent, very familiar names of economists that are also kind of flag bearing this year. David auto is the first name that pops into my mind. Carol not a household name. Peter he is if you live in a household with economists. [laughter] carol like yours. Julia tell us about him. Peter david autor is a highly respected labor economist. Carol globally respected. Peter yeah, and he works on the intersection with labor economics sort of with technology and trade. He has taken a special interest in the impact of the growth of china on the u. S. Labor market. And this is a bit controversial because you know cardcarrying economists believe in free trade, and autor believes in free trade, but he is willing to say that does not mean it is always beneficial to every person in the economy. His argument is that it the influx of cheap goods from china undermine u. S. Manufacturing sector, which to most of us is like, duh. Carol right. No kidding. Peter we already knew that. But sometimes nailing it down with data, which he does with analyses, is what it takes to persuade other economists of this. Carol lets talk about another person and the finance section, among the bloomberg 50, the new president of the Federal Reserve of bank of atlanta. , and heafael bostick has been at the university of Southern California for many years, housing economist, and just appointed to run the atlanta fed. He is unique in two respects. He is the first black man or woman to be the president of the of a Federal Reserve bank. He is also openly gay, which is as far as anybody can tell the , first time for the 100yearold fed. Aside from those personal you know characteristics, just an interesting choice because he brings a lot of knowledge of the housing market, which as we know from the last financial crisis is crucial to understand if you are going to be running the global the u. S. Economy. Julia up next, the two men using Machine Learning to upend the hedge fund industry. Carol plus, the billionaire placing a big bet on integration of humans and computers. Julia this is the bloomberg 50. Will come back to Bloomberg Businessweek. The 50 most influential people of 2017. Carol including the bestselling author, movie star, and youtube star with 2 billion fans. Yes julia and the website , 2 billion. That is prospering from protrump propaganda. Carol all that still ahead. Julia we are back with businessweek editor in chief megan murphy, and megan, one of the big themes of 2017, macro schmacro, constant investing. Talk to me about the two men in charge. Megan this is exactly like you said, the battle on wall street is not for traditional talent, it is for trying to keep kids from going from google to facebook and getting them into the hedge front. Ai driven, trying to predict the trends of the market before it gets there. That is based on massive amounts of information and data points coming in, predictive investing, predictive movement of money. It is not even a trend. This is just where it is going. The robot can predict trends better than any being cannot this carol and they are doing point. Really well. Megan they have brought in a lot of money. They are doing really well. They are the leaders in this. The rival their peers in the industry, and they are reaping the benefits, which is being an early mover on wall street. Carol Artificial Intelligence. It has been around for a long time decades, but it seems to be , getting momentum. You guys included an individual who was on early on. Megan that is a good point what you say about ai. We have been talking about it for a long time, but i do think 2017 was the Tipping Point and you see it emerging across so many Different Industries and so many of our jobs are going to be disrupted by ai. Geoffrey hinton has been in this field for an incredibly long time, canadian researcher, but particularly in the field of neural networks. Teaching computers, teaching the systems to learn by exposing them to information, something as old as showing them 1000 pictures of a man to make the the computer the ability to spot a man over a woman is out of fashion. He was early in the 1970s into it. Julia started in 1978. Megan and it continues to be a field that, this year, has emerged as dominant. Julia the keyword was toronto. He is based in canada. They want to stop the brain drain to silicon valley. Megan toronto has emerged in exactly. As a city that is preeminent field in ai due to other factors. They are building experimental cities that are the cities of the future. Julia theres no hype around ai. It is not a bubble. Speaking of hype, this was my favorite individual to hit this list. Talk to us about this person and the work she is doing. Megan she has a singular mission, and that is to allow the shortage of Organ Transplants we have in the u. S. And other countries. There is about 100,000 people on the waiting list for Organ Transplants, and how to do that is to allow transplant to transplant so they are not rejected by the body and manufacture them to make them free of disease and mutations that allow more of them to be done more successfully. It is an unbelievable field. She is ahead of her time in doing this. It is intense genetic work in terms of eliminating using pigs, using other animals to do it. It is truly something that as she develops will be Game Changing for the future of medicine and the future of humanity frankly. Carol another individual on the bloomberg 50, dont know if he is investing and crisper, but i know of a lot of other things. We talked to tom giles. Masayoshi son. Softbank was this incredibly highly valued company like many other Tech Companies during the first dot com boom. You know, its market value was one of the highest, and then it lost 99 of its value in the years after the bubble burst. That is the kind of thing that would send a lot of people retreating to the sidelines. But this is a person who some of the things that he did, he recognized that he wanted to be the exclusive partner for apple for example at the time the iphone was getting into japan. He barely even had a business to put together, but he cut this deal with steve jobs back before again before the iphone launched , in in japan. That proved to be a really smart investment. Alibaba, again, what was just a few Million Dollars now, worth 90 billion. Dd, the ridehailing business in china, he made at the time 5. 5 billion at the time, the largest private investment. And that was just a couple years ago. Who knows some of the investments he makes with the vision fund could dwarf that . He grew up in this, outside of outside of tokyo, far away from tokyo in japan, moved to the United States when he was a teen and attended the university of california at berkeley. Took a lot of chances, did some nontraditional things. Again, made these big bets, big risky bets, even after losing tens of billions of dollars in the first dot com boom. Some of which have paid off, and some which have not. Julia so he is also to talk about nontraditional, he is not afraid of making some feisty predict predictions, whether it is Artificial Intelligence or robotics. He said recently that in 30 years time there will be 10 , billion smart robots on the earth. That is the same as human population. Tom [laughter] exactly. He likes to talk about this thing called the singularity. And depending how you define it, it is this idea that Technological Advancements are going to be happening at such a rapid clip, that they are going to very quickly alter human history. And some people even define it as the idea that machines will be able to replicate completely what we do, our human capabilities. Obviously having a major impact. And so that is where you get him. That is why he is investing in things like the internet of things the idea machines will be , interconnected. Artificial intelligence, autonomous driving. That is just a handful of the kinds of things that he really believes will change the way we live and work. Julia not afraid to talk about it. Carol no, not afraid tech guys. , afraid very different from , some big tech guys. I also found it interesting his all in in terms of saudi arabia. He is planning to make 25 billion in investments there in energy and different things. Renewable energy kind of helping that part of the world move into a different era. Tom right. And we see a lot of change in saudi arabia. Saudi arabia as we know is going to be a big part of the vision fund. They helped him bring together this 93 billion, close to 100 billion fund. There is a lot of change as we know very very well happening in , that part of the world, some changes in the way we think about, the way the region treats women for example, women driving. And just the incredible impact that one thing is going to have on transportation in that country. And there is so many other other things that are happening right now. Obviously political political turmoil with the royal family. So who knows what change will happen . But if they are looking for alternative fuel, you know certainly saudi arabia has the , potential to have a big impact on that as well. Julia up next, Older Americans are upping the ante when it comes to u. S. Stocks. Carol and the truth about the truth feeds the website with , ties to the trump campaign. Julia this is the bloomberg 50. Julia welcome back to Bloomberg Businessweek. Im julia chatterley. Carol im carol massar. You can also find this online at bloombergbusinessweek. Com. Julia and on our mobile app. Julia the u. S. Equity market has more than tripled in value since 2009. Carol and most of the american stocks have one thing in common. Here is reporter nasty permit. Ned steberman. Ned were looking at recent Federal Reserve data. Americans 75 or older are more likely to own stocks. Every age group under 75 is left likely to own stocks. It probably makes sense that young people are scared by the financial crisis, and that is too bad because since 2009, the stock market has basically tripled. So who has made money off of that . Mostly old people. And they have been staying in the market for this ride up. It is an interesting phenomenon. I have a couple theories why. Julia explain those theories. Ben yeah. I think one thing going on is that people americans 75 or and older are a lot richer than people that are younger, so we have had sort of a widening what you could call age inequality. We keep talking about stagnant wages in the United States, and people have a hard time saving. Well people in their 80s are , people who lived through the economic boom of the 1950s, 1960s, 1970s, 1980s, 1990s. Carol they understand things go up and down. Ben maybe they are also more disciplined investors. They understand how the markets work, they understand things can come back. They are not new at this. The other thing going on is that there are not many alternatives out there. [speaking simultaneously] carol you can yield. Right . Ben even if you have just a little bit of money, you dont even have to be that wealthy of a retiree. But if you have a little bit, you might want to put a little bit of that into the stock market whereas before you could just put that in certificates into a deposit or a bond and generate some real income and now they really dont. Julia i want to put some numbers on this. I think it is important to understand. What proportion of over 75s right now have investments in stocks . Ben so it is approaching 50 . It is at 49 . Back in 1989, it was only 25 . Carol that is a big difference. Julia go back to 2013 because for that it was 34 . Just over 34 . Even before 2013 ben four years. Julia there has been a huge spike. Ben one thing going on is that you have of group of people aging into this demographic. People that were around for the 1980s and 1990s and got into stocks then and just have never left. You are aging out of the folks that are in pensions and just collecting that pension check every month, and now you have folks who are investors. Carol in the politics section, the website truth feed has carved out a unique niche for prop ith its true trump propaganda. Julia but the word truth might be misleading. There is our reporter again. Ben truthfeed is a website that popped up last year. I would call them a disinformation website. They are a mix between hyper partisan political news and blatantly falsely incorrect news. What it does do, it is always unwaveringly protrump. So basically their agenda is to attack opponents of trump and to support trump in his agenda. Julia ok, so describe the headline just to give us a bit of a flavor, talking about Daca Recipients and a burning American Flag. Ben sure. There is dozens of false articles on the site, but in september, amid the daca protest, trump announced he was ending the protections for this group of immigrants, and so protests had spread. Truth feed runs a story claiming that there is a group of daca protesters burning the American Flag and saying, gosh, is this the way to get into the good graces of the American People . Well it turns out the picture that was the basis of this story had been taken 16 months earlier and had nothing to do with daca. In fact there wasnt even a burning American Flag in the photograph. That is kind of a typical story that will show up in truth feed. Carol to understand the website, we have to be introduced to another individual, and that is Katrina Pearson. Who is she . Ben just to boil it down here, what we have found, and we have long been curious about the packers of truth feed better backers of truth feed, it appears Katrina Pearson, who was Trumps National spokesperson during the campaign for about a year, and then following the campaign, she joined with a group called America First policies, which is a nonprofit in a super pac closely aligned with the president and pushing the president s agenda. Katrina pearson launched a personal website a couple months ago. It turns out there are some technical connections between Katrina Pearsons personal website and truthfeed. So this indicates there is some sort of connection between this disinformation kingpin and one of the president s closest advisers. Julia the two websites share an ip address. What does that actually mean . Explain to us. Can that be shared without any connection between the two individuals . Ben yeah, so that was the first clue that we spotted when Katrina Pearson relaunched an updated version of her website a couple months ago. And it showed up on the same ip address as truthfeed. What this means quite often is that they share the same server. Now this can occur sometimes. It can we just a random coincidence. It would be a very, very small chance of a coincidence, but it is not ironclad proof of the connection. A second piece of technical evidence though really grabbed their attention. If you look at the source code of the web page for Katrina Pearsons site, as well as truthfeed, it indicates they share the same account for an email service that is called mail chimp. It allows websites to sign up readers for emails from the site. Theyre using the same account. I cant imagine a scenario where that is not indicative of some sort of connection. You know we did reach out to , pearson to try to get an explanation, besides the general statement, she would not weigh in on this. The white house did not return our emails on this, and of course, truthfeed is not talking about it. It is an open question what the connection exactly is. Carol up next, what happened when hollywood finally finally , let a woman direct the superhero movie. Julia what the bloomberg 50 may look like in 2018. Carol this is the bloomberg 50. Carol welcome back to Bloomberg Businessweek. Im carol massar. Julia and im julia chatterley and you can listen to us on channel 119 on sirius xm and on a and 11 30 in new york, 1061 in boston fm in washington, d. C. , and a. M. 960 in the bay area. Carol and in london dab emulex three and in asia on the Bloomberg Radio plus app. The Entertainment Industry was well presented in the bloomberg 50. Julia yes. We talked to reporter david walton about three stars on the list starting with Youtuber Lily , sing. Reporter lily saying, the easy answer is she is a superstar. She has over 2 billion lifetime clicks, she has over 12. 5 million subscribers. Betty how did i miss her . How did we miss her . Reporter my editor said the same thing. I said i think your videos are funny. A couple of them i dont get. She said we might not be the target audience. It is happening in a big way. What are carol what are her videos . Reporter her videos, i said in the piece, it is witty and woke. They are friendly and very socially conscious. It is a mix of things, what happens in the womens washroom or how racism works . There is always lowkey lesson happening. Julia how old is she . She is not just a youtube star. I mean she has got a whole host of attributes whether it is comedian actress. , david absolutely. I think that is why she ended up on this list. She is only 29 years old, but youtube is just the tip of the iceberg. It was certainly the launching point for her, but she found out her selfhelp book, how to be a boss, went to New York Times bestseller while she was on an 11country tour and Something Like 31 cities. Then she flew back and shot a movie for hbo. An adaptation of 451. Carol that is what is cool she , is playing on a lot of different platforms. Digital platform, the platform of today she is writing books, doing cable, doing lots of different things. David yes. She is a polymath and if you ask her, she would say she doesnt really draw any distinction from small screen, big screen, or laptop screen. You know, she said to me, a person today might say, and she said it humbly, but she said, a viewer might say i am one of their favorite celebrities along with brad pitt along with i cant think of anybody else. [laughter] julia when you have that reach, you can monetize it. Product endorsements become really really lucrative. ,reporter that is true, and that is especially true for lilly. She is a mainstay on forbes highest youtuber earners. I think she was up to number three last year. It is going carol 7. 5 million. David 7. 5 million. That she has endorsements with cocacola, smash box cosmetics, and she did something with skittles. Which she was happy about because she loves skittles. It is all over the place with her and she sees many different ways for her to continue to expand. Carol all right, you do some other names in the entertainment area. Patty jenkins and jill soloway, i feel like Patty Jenkins was everywhere in 2017. David yes, it was a big year for Patty Jenkins. Patty jenkins of course directed wonder woman. The first female record to helm a studio superhero movie. Carol blockbuster made so much money. David it made few dollars. I heard i heard they did ok. Budget. 149 million as of today internationally we are looking at 820 million. Carol phenomenal numbers. David yeah she did ok. , julia shes working on the sequel . David yes. She is in production on the sequel now, and she was certainly happy about that. It is a story that they can go a long way, and superhero movies are huge right now. Julia what does that say in the role of women in the media in particular . To me some of the comments solloway made with regards to her production company, she has called it topol productions. Which david absolutely. Topol is a notsosubtle way to toppling the patriarchy. And that is jills mission right now. Betty given all the head julia given all the headlines in 2017, it is incredibly tough to say it what the bloomberg 50 will look like next year. Carol but why not take a stab at it . Reporter for the list of 2017 we polled our editors on who , they expect to see on the list next year. This was hard. This was kind of the toughest part of the package because you are trying to make an educated guess, but we had some really, really fascinating submissions. Carol lets talk about some of the submissions. One of these is the chief brand officer at uber. Reporter comes over from apple music has her work cut out for , her. [speaking simultaneously] reporter resurrecting uber, not the easiest task in the world. She already, one of the first thing she did in something called wife appreciation day. She said no to it. The ceo is really going to be doing her best to try to resurrect this brands image. Julia if she does manage to resurrect this, she will most definitely will be on the list. James, theout founder of supreme. Bret supreme is a revered label. Ear they do these limited drops, is what they call them, and very intentionally make way less clothing than they can sell to keep it hot. So Carlyle Group actually took a huge stake in them, which will allow them to probably expand mostly in asia starting next year. And i think where we are going to see this is a brand that will become more mainstream. Carol we have another individual. Molina matsukas. Reporter yes. She has directed music videos for every famous person you know. Kelly rowland, beyonce, and she is now working with Jill Solloway who is part of our 50 this year, to develop the the brief history of seven killings, the novel, for amazon studios, which should be quite a major production. Carol one of the big stories itthe year, no doubt about came later in the year harvey , weinstein and the allegations and charges levied against him in terms of actresses and Sexual Harassment. Ronan pharaoh is also on the next list. Maybe people knew about him this year, but he certainly became more of a household name. He is a journalist, and he broke the story when it came to Harvey Weinstein. Reporter yeah, journalist broke , the story when it came to Harvey Weinstein for the new yorker, obviously very famous parents. [speaking simultaneously] reporter and he had a very high public profile before all this began, and now he is using it to speak out on this topic in addition to his journalism against people who are abusing their power. Carol Bloomberg Businessweek is available on newsstands now. Julia and online at businessweek. Com. And on our mobile app. Fun speaking about all these different people. I love the overall issue. I also like the story about truth feed, because here is a site on social media about and we start to get an idea of who is behind it and it plays into the trump campaign. But we talk about this all the time. Social media, we need to understand who is behind it so we can separate news from propaganda. I think it is really important. Julia just a fraction of the right behind this. Carol favorite story . Julia ever heard of egenesis before this week . Me neither. The founder hits our top 50, she is a woman with an incredible breakthrough. Carol incredible. Julia i love the story. There is plenty more fascinating people to hear about. More Bloomberg Television begins now. The following is a paid program. The following is a paid advertisement for time lifes video collection. 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