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CONTENTS — DECEMBER 2019 VOLUME 15 NUMBER 10
PAGE 14
“The world won’t
change because
you donate
money, but it will
change if your
heart is changed.”
—Jack Ma, founder of the
Jack Ma Foundation
10 | TECH CONNECTOR // RICH KARLGAARD FEATURES
Follow the (smart) money.
44 | FOREVER YOUNG
12 | ECONOMICS MATTERS // YUWA HEDRICK-WONG
LVMH’s Bernard Arnault has created the world’s largest
Recession by stealth.
luxury empire and a $100 billion fortune.
Now he is ready to scale up.
HEROES OF PHILANTHROPY BY SUSAN ADAMS
14 | WAKING UP KINDNESS 54 | THE REAL LIFE ‘SUCCESSION’
With a new focus on philanthropy, Jack Ma builds Shari Redstone faced an uphill battle for her father’s company,
on a substantial base. and tells her side of the story for the first time.
BY JUSTIN DOEBELE BY DAWN CHMIELEWSKI
20 | CATALYSTS FOR CHANGE
This year’s list honors individuals tackling a diverse set of issues
across the Asia-Pacific—and includes Asia’s biggest-ever giver.
EDITED BY GRACE CHUNG
COVER PHOTOGRAPH BY RUSSEL WONG FOR FORBES ASIA
2 | FORBES ASIA DECEMBER 2019 / JANUARY 2020
