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The phrase "affect the fortunes of" is correct and usable in written English.
It can be used when discussing how certain actions, events, or decisions can influence someone's success or financial situation.
Example: "The new policy changes could significantly affect the fortunes of small businesses in the area."
Alternatives: "influence the outcomes of" or "impact the success of".
Exact(14)
Writer wonders how this will affect the fortunes of OTB.
The White House realized that intervening against ISIS could affect the fortunes of the hostages.
His plans could well affect the fortunes of the others in the race.
The more attention the squabbling attracts, the more the Reform Party may affect the fortunes of the Republican ticket.
He must also have given thought to the long-term ramifications of this vote, and how it will affect the fortunes of the Party he plans to lead.
Locks Joe Launchbury, Courtney Lawes, Geoff Parling and Dave Attwood are favourites but there are issues about ability to cover other slots, which affect the fortunes of George Kruis and Nick Easter.
Similar(43)
It is another issue altogether, of course, how today's spinoff affects the fortunes of AT&T.
What do you do when your enemy's enemy is your enemy?" The crucial question is whether the row has affected the fortunes of DMGT.
Buddhist opposition, however, so affected the fortunes of the Christian enterprise that it was not possible to appoint a Nestorian metropolitan before the reign of Emperor Xuanzong (712 756).
Rivalries between the European powers and attacks by sea pirates adversely affected the fortunes of the region, which had come under Dutch control by the end of the 18th century.
"The world's greatest seabird island is being eaten alive, as the mice are likely to be affecting the fortunes of many seabirds on the island," said Dr Hilton.
More suggestions(19)
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affect the opportunities of
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affecting the fortunes of
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com