Forbes

World of Forbes

Around the planet, our 36 li­censed edi­tions span five con­ti­nents, 28 lan­guages and 24 time zones. They share the same mis­sion: cel­e­brat­ing en­tre­pre­neur­ial cap­i­tal­ism in all its forms.

-

Around the globe with our 36 in­ter­na­tional edi­tions.

BUL­GARIA

Af­ter a heart at­tack in 2008, Niko­lai Sabev adopted Bud­dhism and ex­pects his clients can find Zen, too. The e-com­merce lo­gis­tics plat­forms built by his Econt will make Bul­gar­i­ans richer, he says, and then “they will have time for spir­i­tu­al­ity.”

FRANCE

Art Paris, the con­tem­po­rary fair held at the Grand Palais that wel­comed more than 60,000 vis­i­tors in 2019, re­turned in Septem­ber as one of Europe’s first ma­jor events in months, lim­it­ing crowds to 3,000 at a time.

CHINA

Af­ter earn­ing a bio­chem­istry Ph.D. from the Univer­sity of Cincin­nati and do­ing a stint at Pfizer, Sa­man­tha Du started Shang­hai-based pharma com­pany Zai Lab in 2014; it now has a $6 bil­lion mar­ket cap.

GE­OR­GIA

Sev­enth on Forbes Ge­or­gia’s list of 12 postSoviet coun­tries’ high­est­paid lead­ers, Ge­or­gia’s pres­i­dent, Salome Zoura­bichvili, earns $2,222 per month, all of which she redi­rects to a foun­da­tion.

AN­GOLA

José Silva is plan­ning a $30 mil­lion fac­tory to pro­duce painkiller­s and add some 300 jobs in Luanda, the An­golan cap­i­tal— grow­ing the MonizSilva phar­macy chain and med­i­cal-sup­ply dis­trib­u­tor he started in 1998.

COLOM­BIA

Bo­gotá’s first fe­male mayor, Claudia López (top left), fronts Forbes Colom­bia’s first Power Women edi­tion. Her goals seem to ex­tend well be­yond lo­cal gov­ern­ment: “I have no doubt that in this decade there will be a woman pres­i­dent in Colom­bia.”

GREECE

The EU and China have re­newed an agree­ment for 2021 that Greece badly wanted: It of­fers some pro­tec­tion to foods like Greece’s olives, wine and ouzo from those sell­ing knock­off goods.

AUS­TRIA

Founded by a trio of high school class­mates, the startup Book Your Room rents idle meet­ing spa­ces and school gym­na­si­ums through­out Vi­enna.

BO­LIVIA

“The fash­ion in­dus­try was in chaos,” says Deanna Canedo Patiño, re­flect­ing on the im­me­di­ate con­se­quences of the pan­demic. Now she’s plan­ning growth into Europe and Latin Amer­ica for her fam­ily’s maker of al­pacaand llama-based clothes, Beatriz Canedo Patiño.

CYPRUS

Fi­nance Min­is­ter Kon­stanti­nos Petridis re­vised his year-end eco­nomic fore­cast based on gov­ern­ment aid and in­creas­ing con­sump­tion. Pub­lic debt will shrink by 4%, fol­lowed by re­strained gov­ern­ment spend­ing in 2021.

HUN­GARY

Dávid Boross, 40, and his brothers took over their par­ents’ Oázis Gar­den Cen­ters five years ago. The Budapest fran­chise has grown to 24 lo­ca­tions and tar­gets green-thumbed young peo­ple.

AR­GENTINA

Pastalinda’s fac­tory can’t keep up with ris­ing de­mand for its $239 at-home noo­dle-mak­ing ma­chines, deemed es­sen­tial man­u­fac­tur­ing dur­ing the pan­demic. “No mat­ter how much stock we add to the web, it runs out in five hours,” says pres­i­dent Jonathan Romero.

BRAZIL

The pan­demic boosted São Paulo–based iFood’s cor­po­rate ac­counts, with which com­pa­nies can load cred­its for em­ploy­ees to or­der lunch de­liv­ered wher­ever they’re work­ing.

CZECH RE­PUB­LIC

When a cus­tomer can­celed a pur­chase of 11 Czech-made Petrof pi­anos af­ter they were al­ready built, bil­lion­aire Karel Komárek, his wife Štěpánka Komárková and his foun­da­tion swooped in to buy the in­stru­ments and do­nate them to lo­cal schools.

IN­DIA

Salil Parekh, CEO of In­fosys, has spent the past months shift­ing about 240,000 em­ploy­ees of the IT firm to home offices and land­ing a deal with Van­guard that’s re­port­edly worth $1.5 bil­lion.

IN­DONE­SIA

In the first half of 2020, de­mand for phar­ma­ceu­ti­cals dropped in In­done­sia as peo­ple avoided vis­it­ing doc­tors and hos­pi­tals. But sales at CEO Ir­wan Hi­dayat’s herbal-medicine and sup­ple­ments maker, Sido Mun­cul, rose to al­most

$100 mil­lion.

NICARAGUA

Small ar­ti­san shoe­mak­ers

in the south­east city of Masaya are qui­etly fight­ing to sur­vive the pan­demic. With fewer or­ders, Za­p­a­tería Cano owner Fran­cisca Vásquez halved her work­ers’ hours and re­duced daily pro­duc­tion from

400 pairs to 200.

RUS­SIA

Forbes Rus­sia’s list of the coun­try’s rich­est women in­cludes three who di­vorced bil­lion­aire hus­bands. In the sec­ond spot: Polina Yu­ma­sheva, ex-wife of in­dus­tri­al­ist Oleg Deri­paska. She’s

worth $300 mil­lion.

SPAIN

With pre­scrip­tions and med­i­cal his­tory now on­line in some ar­eas, Spain nearly met its 2020 dead­line for

dig­i­tized gov­ern­ment.

IS­RAEL

“We had no money at all for text­books, shoes or new clothes,” re­calls Gina Khoury of her youth. Now, along with her sis­ter Ra­nia, she runs a pop­u­lar dress bou­tique, Ra­nia Gina, which has made Forbes Is­rael’s list of the na­tion’s top small com­pa­nies.

KAZA­KHSTAN

Forbes Kaza­khstan

30 Un­der 30 hon­oree Bakhti­yar Azhken, 24, helped cre­ate a breath­a­lyzer-style de­vice that helps de­tect can­cer early; it’s now be­ing used as a Covid-19 di­ag­nos­tic tool.

POLAND

Univer­sity of War­saw class­mates Monika Żo­chowska and Ewa Dudzic have cre­ated a mi­crofiber makeup-re­mov­ing glove. Their brand, Pheni­coptere, cur­rently does $2 mil­lion in rev­enue, ships to 60 coun­tries and has ad­di­tional prod­ucts in de­vel­op­ment.

SENE­GAL

Find­ing only im­ported baby food in Sene­gal, Siny Samba co­founded Le Lion­ceau in 2017; its purées are made of lo­cal crops such

as mil­let and cow­pea.

THAI­LAND

Thai con­glom­er­ate TOAVH is in­volved

in paint, chem­i­cals, auto parts and more. The bil­lion­aire Tangkar­avakoon

fam­ily owns it, and 45-year-old Nat­tavuth Tangkar­avakoon runs it. His par­ents chair the com­pany; his sib­lings are in­volved as well.

KENYA

Tasked to turn around an in­sol­vent lender in 1993, James Mwangi po­si­tioned Nairobi-based Eq­uity for the un­banked—peo­ple like

his mother, who stored sav­ings un­der a mat­tress. To­day it serves 14 mil­lion cus­tomers in six coun­tries.

SAUDI ARA­BIA

Un­til 2018, Saudi Ara­bia for­bade women from driv­ing. That didn’t stop Reema Juf­fali from be­com­ing a top race-car driver, com­pet­ing last year in the Bri­tish F4 Cham­pi­onship for the first time.

SLO­VAKIA

What most wor­ries Ši­mon Šicko, CEO of Pixel Fed­er­a­tion video games? Not the pan­demic, “an episode that we may for­get about in three years’ time.” In­stead, it’s that “en­vi­ron­men­tal change will

catch up with us.”

ITALY

Work­ing with MIT Me­dia Lab, Valentina Su­mini, a 34-year-old Ge­noese ar­chi­tect, de­signs con­cep­tual spa­ces such as a green­house to be built on Mars.

LATVIA

This year brought Riga-based Doc­torOn­line a “pleas­ant bap­tism of fire,” says Santa Batuhtina-Bang,

who helped cre­ate the web­site and app. Its 130-plus

doc­tors saw tele-ap­point­ments surge from about two

per day to as many as 80.

POR­TU­GAL

Miche­lin-starred chef José Avillez has had to put his busi­ness on ice: His 13 restau­rants across Por­tu­gal and Dubai temporaril­y closed, and plans for one in Ma­cau have paused.

UKRAINE

Alexey Va­datursky, 73, is boldly bet­ting on slow, costly river shipping. Spend­ing mil­lions over 10 years, his Myko­laiv-based Nibu­lon has launched a cargo fleet more

eco-friendly and smoothrid­ing than trucks and trains.

JA­PAN

Base­ball exec Shun Kakazu has or­ders from team owner Masayoshi Son to make the cham­pion SoftBank Hawks “best in the world.” In the game plan: ex­pand­ing Ja­pan’s pro league into China.

MEX­ICO

Na­tional Au­ton­o­mous Univer­sity of Mex­ico re­searcher and engi­neer José Al­berto Ramírez Aguilar will rep­re­sent Mex­ico on Latin Amer­ica’s first space mis­sion, which will fly aboard a space­craft from Jeff

Be­zos’ Blue Ori­gin.

RO­MA­NIA

Last year the sis­ters be­hind Lemon In­te­rior De­sign staged Ro­ma­nia’s most ex­pen­sive apart­ment and ex­panded into of­fice build­ings. Now they’re con­sult­ing with na­tional health of­fi­cials about re­design­ing

offices for Covid-19.

SOUTH KOREA

Thou­sands of Korean surgery pa­tients have re­ceived 3D-printed im­plants made of bone­like ma­te­rial that de­com­poses af­ter guid­ing tis­sue to heal frac­tures. T&R Bio­fab founder Yun Won-Soo is seek­ing ap­proval for use in the U.S.

VIET­NAM

The duo be­hind Con Cung’s stores for kids and ba­bies ex­pect to triple their lo­ca­tions to 1,200 by 2023.

 ??  ??
 ??  ??
 ??  ??
 ??  ??
 ??  ??
 ??  ??
 ??  ??
 ??  ??
 ??  ??
 ??  ??
 ??  ??
 ??  ??
 ??  ??
 ??  ??
 ??  ??
 ??  ??
 ??  ??
 ??  ??
 ??  ??
 ??  ??
 ??  ??
 ??  ??
 ??  ??
 ??  ??
 ??  ??
 ??  ??
 ??  ??
 ??  ??
 ??  ??
 ??  ??
 ??  ??
 ??  ??
 ??  ??
 ??  ??
 ??  ??

Newspapers in English

Newspapers from USA