In this issue

The latest issue is on the world’s billionaires and how they are not immune to the coronavirus. As global equity markets plummeted, many saw their fortunes dwindling. There are 2,095 billionaires on the list, 58 fewer than last year. The cover story is on billionaire Harindarpal ‘Harry’ Banga of the Caravel Group, who was born in Amritsar, grew up in Chandigarh and came into his own in Hong Kong. That apart, there is a feature on Zoom’s Eric Yuan, who has helped everyone survive social distancing with the videoconferencing app. And why Greater Capitalism may be a fairer and a smarter system.

Anchors Aweigh, Once More

Amritsar-born Harindarpal ‘Harry’ Banga’s second act, as founder of the Hong Kong-headquartered Caravel Group, has the makings of surpassing his three-decade-long success as a shipping and commodities tycoon

9 mins

Ka Zoom Boom

Eric Yuan is helping millions of people survive social distancing by giving away his videoconferencing tool, Zoom, for free. The move is earning him much respect, and when the pandemic has passed, the billionaire’s business will likely be stronger than ever. But in the midst of a global crisis, can his app withstand a 610 percent spike in traffic virtually overnight and the scrutiny of prime time?

10+ mins

Larry's Laboratory

The fifth-richest person in the world has been quietly turning an entire Hawaiian island into a wellness experiment. Now Oracle founder Larry Ellison has been drafted into the fight against the coronavirus, a critical test of whether data can indeed save us

10+ mins

Masa's Last Laugh?

Between the WeWork debacle and the coronavirus, the markets have deemed his $100 billion Vision Fund largely worthless. But the world’s most important investor over the past three years, SoftBank’s Masayoshi Son, has other assets, a track record—and a plan

10+ mins

The Long View

WeWork looks like it might die of coronavirus, but its oldest and largest competitor, Switzerland-based IWG, is well-positioned to survive the outbreak— and thrive in its aftermath. That should be no surprise. After all, IWG’s founder, Mark Dixon, has seen this movie before

6 mins

Pfizer's Covid Moon Shot

Albert Bourla has boldly predicted his company might find and distribute a vaccine by this fall. The first look inside a $1 billion bet that could change the world

10+ mins

Share The Ride, Not The Virus

As the pandemic influences what commuters want, ride-sharing startups are innovating with products and services

5 mins

Can ‘Boycott China' Work?

Chinese companies have made deep inroads as investors, employers and suppliers; rolling that back in quick time is neither pragmatic nor feasible

9 mins

Banking On Change

The RBI wants to see improved governance from private banks through proposed rules that limit the roles and tenures of CEOs. But will they work?

6 mins

Dirty Moves

For generations, the Navajo relied on coal mining for good jobs and to fill the tribal coffers. But with the end in sight for unclean power, the tribe created a company to get them through the transition—yet, unbelievably, it bought them more mines. How could the way out of coal be . . . more coal?

4 mins

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