Private Equity Explained: Why The Industry Is Targeting Americans’ $29 Trillion Retirement Savings
November 7, 2025
2,660
47
1.77%
Search the Record
IndexedEvery word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
Forbes Episodes Around November 7, 2025
See what was published immediately before and after this episode.
30:34Now PlayingPrivate Equity Explained: Why The Industry Is Targeting Americans’ $29 Trillion Retirement Savings
Chapters
YouTube Description
as posted by the channelPrivate equity has become an enormous and influential force in the global economy, a transformation discussed in this week's Beyond The Billions. Forbes Deputy Editor Giacomo Tognini and Staff Writer Hank Tucker trace the industry's history, starting with the mid-1970s founding of KKR by Henry Kravis, George Roberts, and Jerry Colberg, and leading up to the rise of current giants such as Steve Schwarzman's Blackstone.
This exclusive world is now facing a massive shift that could open it up to everyday retirement savers. To understand this high-stakes game, learn how firms like Blackstone and Apollo are establishing partnerships with asset managers such as Vanguard. Additionally, new regulations regarding 401k investments may soon have a direct impact on your future savings.
To read more about private equity’s move to access $29 trillion in retirement savings
To read more about Trump’s executive order paving the way for 401(k) providers to offer access to private equity investments:
To read more about Mercor’s selfmade billionaires
To read more about Steve Huffman and Reddit
To read more about Meta’s share drop and Mark Zuckerberg’s decline in wealth
Subscribe to FORBES
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:
Stay Connected
Forbes newsletters
Forbes on Facebook
Forbes Video on Twitter
Forbes Video on Instagram
More From Forbes
Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
Links & Promotions
Guests & Subjects Covered
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.









