Forbes Asia - November 2016

2 | FORBES ASIA NOVEMBER 2016

CONTENTS — NOVEMBER 2016 VOLUME 12 NUMBER 12

11 | FACT & COMMENT // STEVE FORBES

Obama’s feeble apologia for the economy.

17 | GADGETMAN // BEN SIN

A look at Chinese phone maker Meizu.

43 | INNOVATION RULES // RICH KARLGAARD

Digital death star.

COMPANIES, PEOPLE

14 | BIG SALE AT WESFARMERS

The onetime Aussie corporate star recovers on a price uptick in coal.

BY TIM TREADGOLD

20 | FROM GURUKUL TO GAINFUL

The rapid rise of Patanjali products in India has created an unlikely billionaire.

BY MEGHA BAHREE

26 | STAYING THE COURSE

Australia’s first family of yacht racing is focusing on expanding its resort business.

BY RON GLUCKMAN

32 | BREAKING A TABOO

David Kong finally succeeded in building a funeral business in Malaysia.

BY NEERJA PAWHA JETLEY

36 | THE ALLIGATOR WRESTLER AND THE CASINO BOSS

How the Seminole Tribe of Florida became owners of an iconic global brand.

BY LAUREN GENSLER

44 | BIG HITTERS

M.S. Dhoni: The Untold Story is now the highest-earning biopic in the history of Indian cinema.

BY DON GROVES

46 | FERTILE GROUND

Serial entrepreneur Martin Varsavsky brings one-stop shopping to the fertility industry.

BY MIGUEL HELFT

S PAGE 20

“WE NEVER

THOUGHT WE

WANTED TO

BECOME VERY BIG

BUSINESSMEN.”

—ACHARYA BALKRISHNA and

BABA RAMDEV, cofounders of

India’s PATANJALI AYURVED

COVER PHOTOGRAPH BY

VIRGILE SIMON BERTRAND FOR FORBES UNLESS OTHERWISE SPECIFIED, ALL TOTALS AND PRICES EXPRESSED IN OUR STORIES ARE IN U.S. DOLLARS.

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