Forbes Asia (April/May 2021)

Features: *The road less traveled: Most tech unicorns are the product of Silicon Valley VCs. Not Cloudinary. The marketing-software maker has gone its own route since day one *The Teflon trader: Wall Street legend Carl Icahn is on a seven-year losing streak, but the market still loves his stock *The way forward: This second episode of the Forbes Asia CEO Webinar- The Way Forward- was held virtually on March 30 and March 31. Business leaders delved into the road to recovery, the issues at hand and the opportunities and challenges created on the path to a new normal *Robust rise: In a pandemic year, Japan’s 50 richest saw nearly 50% rise in their collective net worth *Top 50 billionaires: The world’s 50 richest people *Left their mark: Twenty-three billionaires died last year, Sixty-one others dropped out of the ranks entirely, including Kylie Jenner *A billionaire a day: This year Forbes tracked down a record 493 new billionaires-roughly one every 17 hours. Just over 40% hail from China; 20% are from the U.S. Prominent routes to new riches: IPOs, SPACs, cryptocurrencies and Covid-related health care *Operation wealth speed: Covid-19 brought terrible suffering, economic pain, geopolitical tension-and the greatest acceleration of wealth in human history. Why this pandemic paradox could become cause for celebration, not concern *Revenge of the Winklevii: After losing an epic battle with Mark Zuckerberg over ownership of Facebook and shunned in Silicon Valley, Cameron and Tyler Winklevoss are back-as bussing bitcoin billionaires at the centre of not only the future of money but the creative economy, and quite possibly a new operating model for Big Tech itself *Steve Forbes: End the lockdown now *Rich Karlgaard: The new map: China and the U.S. *Thoughts: On ownership