Painting by Numbers

HERMANTO TANOKO is Expanding to New Businesses Beyond Avian Brands.

Intelligence Agents

Normally, humans train artificial-intelligence systems to replace them. ASAPP’s software trains customer-service reps to be better humans.

Molding Momentum

Glove mold manufacturer Mark Dynamics has capitalized from the surging demand for medical gloves.

Small Spaces, Big Potential

Pod hotel Bobobox is one step ahead in changing the game of budget hospitality industry.

The Business Connector

GudangAda aims to bridge the technology gap across Indonesia’s FMCG supply chain by digitizing transactions between traders.

Mapping Opportunities

Bvarta’s location intelligence service helps companies to better navigate business.

Dirty Moves

For generations, the Navajo relied on coal mining for good jobs and to fill the tribal co"ers. 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?

Big Hit Gets Hit Big

The company behind K-Pop sensation BTS is trying to keep COVID-19 from stopping the music.

Beyond Beauty

ZAP Clinic pivots to mother and child healthcare to dodge the impact of COVID-19 pandemic.

Strong Will

Friderica Widyasari leads Danareksa Sekuritas to persevere amidst this year’s market turbulence and economic downturn.

Winning by Not Losing

Even before the pandemic sent markets tumbling, Advent Capital’s Tracy Maitland was prepared for the mayhem. In good times, his portfolio tracks the market, but during downturns it’s a refuge from the storm.

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.

Digital Grocery

Amid the coronavirus pandemic, online grocery platform TaniHub aims a robust sales growth.

Talent Finder

As demand soared, GeekHunter helps companies to win the tech talent hunt.

THE WORLD'S RICHEST

The richest people on Earth are not immune to the coronavirus. As the pandemic tightened its grip on Europe and America, global equity markets imploded, tanking many fortunes. As of March 18, when we finalized this list, Forbes counted 2,095 billionaires, 58 fewer than a year ago, and 226 fewer than just 12 days earlier, when we initially calculated these net worths. Of the billionaires who remain, 51% are poorer than they were last year. In raw terms, the world’s billionaires are worth $8 trillion, down $700 billion from 2019. For many more details about the world’s wealthiest, please visit Forbes. com/billionaires.

Fashionable Measures

TAKES SRITEX’S EXPERTISE IN MAKING MILITARY UNIFORMS TO A DIFFERENT BATTLE

Expanding Coverage

State-owned pharmaceutical Indofarma is expanding its business to medical equipment to battle the pandemic.

Collective Effort

Mesty Ariotedjo’s crowdfunding platfom helps the unprivileged to access healthcare services.

AirPod Aristocrat

Thirteen years ago, no one wanted to buy a money-losing hearing-aid battery maker. No one but MICHAEL TOJNER. Against all odds, Austria’s “Mr. 300%” turned that $40 million investment into a $1.9 billion fortune (thank you, Apple!). Now he has to fend o" the copycats.

Collective Effort

Mesty Ariotedjo’s crowdfunding platfom helps the unprivileged to access healthcare services.

Talent Finder

As demand soared, GeekHunter helps companies to win the tech talent hunt.

Strong Will

Friderica Widyasari leads Danareksa Sekuritas to persevere amidst this year’s market turbulence and economic downturn.

Fashionable Measures

Iwan Lukminto takes Sritex’s expertise in making military uniforms to a different battle

Winning by Not Losing

Even before the pandemic sent markets tumbling, Advent Capital’s Tracy Maitland was prepared for the mayhem. In good times, his portfolio tracks the market, but during downturns it’s a refuge from the storm.

Online Bookkeeper

BukuKas aims to connect MSMEs to a wider financial system, starting from a bookkeeping solution.

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.

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.

Expanding Coverage

State-owned pharmaceutical Indofarma is expanding its business to medical equipment to battle the pandemic.

AirPod Aristocrat

Thirteen years ago, no one wanted to buy a money-losing hearing-aid battery maker. No one but MICHAEL TOJNER. Against all odds, Austria’s “Mr. 300%” turned that $40 million investment into a $1.9 billion fortune (thank you, Apple!). Now he has to fend o" the copycats.

Set in Motion

CGV Cinemas aims to become a whole entertainment platform beyond screening movies