Selling Beauty

Everwhite aims to provide high quality yet affordable skin care product, making it accessible to all.

NEW-GENERATION LEGEND

THIS YEAR, renowned Swiss luxury watchmaker, Rolex presented its new-generation Oyster Perpetual Explorer. The legendary timepiece now comes in a 36 mm case, a return to the size of the original model launched in 1953 following the first ascent to the summit of Mount Everest by Sir Edmund Hillary and Tenzing Norgay on 29 May that year.

The Gold Keeper

DCI leads the data center market vital to carry Indonesia’s digital economy

Emerging Signs of Inflationary Risks Driving Gold's Rally

In February’s issue, I highlighted that one of the big drivers for gold this year could be the fear of returning inflation in global economies which have been used to low inflation, low-interest-rate period of extended stability. Since then, signs of increasing inflationary pressures have emerged including in April’s reported increase in US non-farm payroll earnings and that the same month’s inflation measure reached 4.2% on an annualized basis.

Staying the Course

After a tough year at his property-focused private equity firm, Gaw Capital, GOODWIN GAW is keeping his powder dry for deals in the year ahead.

Forbes 30 UNDER 30 ASIA 2021

As Asia sees the light at the end of the Covid-19 tunnel, activists, entrepreneurs, scientists and young leaders on the Forbes 30 Under 30 Asia 2021 list are hard at work realizing the new normal. After the toughest year in their generation, these 300 Millennials and Gen Zs have persevered to survive and even thrive despite long lockdowns, restricted travel and uncertainties on all fronts. Most continued to grow their businesses and adapt to the changes brought about by the pandemic, while a few have even dared to start their ventures in the middle of crisis, spotting opportunities where others see obstacles. Selected from over 2,500 nominations and vetted by our team of reporters and a panel of A-list judges, these trailblazers are unparalleled examples of determination, hard work and innovation.

CUTTING THE CORD

HORST AND STEPHAN PUDWILL are growing Techtronic Industries to take on the global giants of the power tools industry with a relentless focus on cordless innovation.

American Sun

DEAN SOLON built a multibillion-dollar fortune in solar energy by manufacturing precisely the sort of commodity gear that can be made more cheaply in China. His secret: higher prices for higher quality.

Aligning Profit

From its clear aligners, Rata takes the lead in improving dental health awareness in Indonesia.

FORBES 30 UNDER 30 ASIA 2021

As Asia sees the light at the end of the Covid-19 tunnel, activists, entrepreneurs, scientists and young leaders on the Forbes 30 Under 30 Asia 2021 list are hard at work realizing the new normal. After the toughest year in their generation, these 300 Millennials and Gen Zs have persevered to survive and even thrive despite long lockdowns, restricted travel and uncertainties on all fronts. Most continued to grow their businesses and adapt to the changes brought about by the pandemic, while a few have even dared to start their ventures in the middle of crisis, spotting opportunities where others see obstacles. Selected from over 2,500 nominations and vetted by our team of reporters and a panel of A-list judges, these trailblazers are unparalleled examples of determination, hard work and innovation.

The Gold Keeper

DCI leads the data center market vital to carry Indonesia’s digital economy

The Giant Awakens

HERY GUNARDI LEADS BANK SYARIAH INDONESIA TO TAKE ON THE GLOBAL ISLAMIC BANKING INDUSTRY.

American Sun

DEAN SOLON built a multibillion-dollar fortune in solar energy by manufacturing precisely the sort of commodity gear that can be made more cheaply in China. His secret: higher prices for higher quality.

Staying the Course

After a tough year at his property-focused private equity firm, Gaw Capital, GOODWIN GAW is keeping his powder dry for deals in the year ahead.

Nourishing Education

CoLearn is changing the pace of education in Indonesia.

Selling Beauty

Everwhite aims to provide high quality yet affordable skin care product, making it accessible to all.

Emerging Signs of Inflationary Risks Driving Gold's Rally

Emerging Signs of Inflationary Risks Driving Gold’s Rally

CUTTING THE CORD

HORST AND STEPHAN PUDWILL are growing Techtronic Industries to take on the global giants of the power tools industry with a relentless focus on cordless innovation.

Aligning Profit

From its clear aligners, Rata takes the lead in improving dental health awareness in Indonesia.

Positioned for Growth

Kimberly-Clark Softex taps Indonesia to win the Southeast Asia personal care market.

FOREST GUARDIAN

Farwiza Farhan encourages more women to help protect the forest in Aceh.

The Road Less Traveled

Most tech unicorns are the product of Silicon Valley’s well-oiled VC machine. Not Cloudinary. The maker of marketing software was profitable from day one and has bootstrapped its way close to a billion-dollar valuation.

Past, Present and Future Ghosts of Direct-to-Consumer Brands

Direct-to-consumer marketing (D2C) is a strategy to promote and sell a product or service directly to consumers, cutting out the need for intermediaries.

In With the Old

Used clothing is the hottest trend in apparel, and big brands are happy to make the profits—but avoid the headaches—by outsourcing the grimy work to tiny Trove, which looks set to grow big.

REVENGE OF THE WINKLEVIL

After losing an epic battle with Mark Zuckerberg over ownership of Facebook and being shunned in Silicon Valley, CAMERON and TYLER WINKLEVOSS are back— this time as budding Bitcoin billionaires at the center of the future of money, the creative economy and quite possibly a new operating model for Big Tech itself.

Behind the Numbers

Delman helps Indonesian companies navigate through data.

AMERICA'S MOST MANIPULATIVE BILLIONAIRE

The inside story of how Bob Brockman, the secretive billionaire who allegedly masterminded America’s biggest tax-evasion scheme, used “Darth Vader” contracts to overcharge auto dealers and finance Robert F. Smith’s private equity empire.

Fruitful Partnership

Agribusiness company Tani Unggul is improving farmers’ welfare by tapping premium produce market.

A BILLIONAIRE A DAY

THIS YEAR, FORBES TRACKED DOWN A RECORD 493 NEW BILLIONAIRES— ROUGHLY ONE EVERY 17 HOURS. JUST OVER 40% HAIL FROM CHINA; 20% FROM THE U.S. PROMINENT ROUTES TO NEW RICHES: IPOS, SPACS, CRYPTOCURRENCIES AND COVID-RELATED HEALTH CARE.

LONG BET

Pandu Sjahrir Bets on Unicorn IPOs on the Indonesia Stock Exchange