Page 8 - Forbes - USA (March 2018)

MARCH 31, 2018

15 | FACt & COMMEnt // StEvE FORBES
Great medicine for trade.
lEAdERBOARd

19 | tHE wORld’S 20 RiCHESt
The list’s first $100 billion man (spoiler: not Bill Gates), a fresh
L’Oréal heir and a new wealthiest man in Asia.
22 | dOwn And OFF
A pizza empire goes cold, accounting troubles and other dra-
matic billionaire drop-offs.
24 | BilliOn-dOllAR CHECkOut
After a corruption crackdown in Saudi Arabia and the asset
handover that ensued, Forbes ejects the country’s formerly
super-rich.
26 | RESt in PROSPERity
Farewell to a hair-care king, a magazine mogul, a pharma boss
and more.
28 | vAuntEd MAnSiOnS
Former castles of the three-comma club, now on the market.
30 | wHitE HOuSE BluES
Donald Trump’s fortune has fared poorly under
his administration.
34 | FROM tHE vAult: BRAnSOn tHE BOld—
christopher patey / contour by getty images Airlines, records and cellphones—Virgin’s big leap into the 21st
July 3, 2000
century.
FEAtuRES

52 | tHE FORtunAtE SOn
For a decade India’s richest man waged a blood feud with
19
his younger brother for control of the subcontinent’s
telecommunications industry. Now Mukesh Ambani shares the
inside story of his ultimate triumph—Jio, an ultra-cheap 4G
broadband service whose biggest winners will be the millions
of ordinary Indians who suddenly consume more mobile data
than either the U.S. or China.
By NaazNeeN Karmali

58 | PERFECt tiMing
On his 55-year journey from penniless Italian immigrant to
multibillionaire cable magnate, Rocco Commisso has shown an
uncanny knack for being at the right place at the right moment—
and taking full advantage of it.
By Noah Kirsch
66 | tHE ARtiSAnAl induStRiAliSt
Francis Holder built a billion-dollar bread-and-pastry empire by
mixing American mechanical production with traditional French
techniques. Now the Henry Ford of baking is savoring his greatest
success—selling millions of macarons to the classes on Madison
Avenue and the masses at McDonald’s.
By chloe sorViNo

52

6 | FORBES MARCH 31, 2018