Forbes Asia - October 2018

CONTENTS — OCTOBER 2018 VOLUME 14 NUMBER 8

12 | FACT & COMMENT // STEVE FORBES

The disaster of 2008: why it can happen again.

INDIA’S 100 RICHEST

66 | HISTORICAL ARC

A shift in steel technology has a family-run leader in graphite electrodes humming. Even a

wary patriarch is making bigger plans.

BY ANURADHA RAGHUNATHAN

70 | THE LIST: A FEW RISE IN A FLAT YEAR

Bufett, broadband and biotech lift some of the lofty.

BY NAAZNEEN KARMALI

82 | BILLIONAIRES LEFT OUT

Three-comma wealth no longer guarantees a spot on the 100.

BY NAAZNEEN KARMALI

COMPANIES, PEOPLE

14 | OUT OF LIMBO

After eight years, the final piece of Pua Seck Guan’s Singapore property project is open.

BY JANE A. PETERSON

18 | DELIVERING THE GOODS

Rithy Sear returned to Cambodia after a four-year odyssey as a refugee and started

an entrepreneurial journey that’s made him one of the country’s top tycoons.

BY DANIELLE KEETON-OLSEN

22 | GET IN THE GAME

Jason Chen has Acer refocused on PCs but aimed at consumers of higher-end hardware.

BY RALPH JENNINGS

24 | KEEP ON KEEPIN’ ON

Adobe continues to reinvent itself as it keeps pace in the crowded software field.

BY PETER CARBONARA

UNLESS OTHERWISE SPECIFIED, ALL TOTALS AND PRICES EXPRESSED IN OUR STORIES ARE IN U.S. DOLLARS.

S PAGE 18

“I NEVER DO

A BUSINESS

DEAL IN WHICH

ANYONE LOSES.”

—RITHY SEAR, Cambodian tycoon.

4 | FORBES ASIA OCTOBER 2018

COVER PHOTOGRAPH BY

GRAHAM UDEN FOR FORBES