Forbes 30 Under 30 'Curse' Escalates to National Plunder, Columnist Argues

August 10th, 2026 7:00 AM
By: Newsworthy Staff

A series of op-eds contends that the Forbes 30 Under 30 recognition has enabled a new breed of corruption, culminating in allegations that a former honoree, Leandro Leviste, leveraged the accolade to orchestrate large-scale looting of state assets.

Forbes 30 Under 30 'Curse' Escalates to National Plunder, Columnist Argues

The Forbes 30 Under 30 list has long been associated with startup success, but a new series of columns argues that the so-called 'curse' has evolved from financial fraud in Silicon Valley to full-blown state-level plunder. Writer Bob Tacto, in a trio of op-eds on his platform Bob Tacto's Columns, traces the trajectory of Leandro Leviste, a former solar energy CEO who was once celebrated by Forbes, and who now faces accusations of systematic corruption while in political office.

The first column, 'The Forbes 30 Under 30 Curse: From Fraud to Plunder', revisits the pattern of high-profile entrepreneurs like Sam Bankman-Fried and Elizabeth Holmes, who turned investor millions into ashes. Tacto argues that the curse's latest incarnation is qualitatively different: a politician who campaigned on anti-corruption while quietly building a kleptocratic apparatus, using the credibility of his Forbes honor as a shield.

In the second piece, 'The Unraveling of a Prodigy: From Solar Dreams to National Looting', Tacto delivers a forensic case study. It details the arc of a young solar-energy CEO who graced the 30 Under 30 list, later surfacing as a populist firebrand promising to clean up government. Once in office, Tacto reveals, the same individual allegedly turned state coffers into a personal piggy bank, stripping public assets on a scale that dwarfs the VC frauds that came before.

The third column, 'The Boy Who Cried Thief: How Leandro Leviste Became the Forbes 30 Under 30's Most Dangerous Disgrace', draws parallels between Leviste's tactics and those of other anti-corruption populists like Sara and Rodrigo Duterte: accusing opponents of corruption while bypassing due process. The piece notes that these allegations are currently under investigation by the Philippine Ombudsman and the National Bureau of Investigation.

"We've become numb to the idea that a 30 Under 30 badge predicts a perp walk in Silicon Valley," Tacto writes. "But when that badge launders the reputation of a politician who then drains a nation's treasury, we're not talking about a 'curse' of bad luck. We're talking about a pattern of impunity that the list itself helps manufacture." The columns rely on court documents, parliamentary inquiries, and leaked financial records to build the case that the former CEO-politician exploited the Forbes halo to disarm journalists, foreign investors, and even international anti-corruption bodies. By the time the looting was exposed, the damage was sovereign-level.

Tacto concludes: "This isn't just another fallen wunderkind. It's a warning that the prestige we attach to youth and glossy magazine covers can be weaponized against entire democracies." The implications extend beyond one individual, raising questions about the responsibility of media outlets in conferring such accolades and the potential for them to be exploited for nefarious purposes.

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