IPOS
Since mid-March 2020, 1,489 IPOs (including SPACs) raised $314 billion globally. More than half went public in the U.S., where they raised $277 billion. These 10 billionaires land on the list as a result of such public offerings.
Pan Dong
$8.3 billion • Consumer goods • Canada
The richest woman new to this year’s list, she chairs laundry detergent maker Blue Moon Group Holdings, which listed in Hong Kong in December. Her husband, Luo Qiuping, is the company’s CEO.
Vyacheslav
Kim $3.3 billion • Fintech • Kazakhstan
Mikhail Lomtadze
$3.2 billion • Fintech • Georgia
CEO Lomtadze and chairman Kim have steered Kaspi—a payments, e-commerce and mobile-banking app used in Kazakhstan— from a small-time retail bank to a London public listing. Half of Kazakhstan’s 18 million people use the service.
Pablo Legorreta
$2.9 billion • Investments • U.S.
The former investment banker founded private equity firm Royalty Pharma in 1996 to buy future revenue streams of pharmaceuticals. He took it public on the Nasdaq in June.
Matt Moulding
$2.9 billion • E-commerce • U.K.
His e-commerce empire, The Hut Group, went public in London in September. Two months later he got a $1 billion share bonus that the board had approved.
Tony Xu
$2.8 billion • Food delivery service • U.S.
Xu is cofounder and CEO of food delivery company DoorDash, which listed on the NYSE in December. It delivers meals from 390,000 restaurants in the United States, Canada and Australia.
Jared Isaacman
Bu hikaye Forbes Indonesia dergisinin May 2021 sayısından alınmıştır.
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BACK ON TRACK
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The wave of social commerce is enabling inclusive digital economies beyond urban areas.
Boys in the Bubble
Startups are supposed to specialize, but OPENSEA’s founders thrived by building a wide-open market for creating and trading all manner of NFTs, whether art, music or gaming. Now that they’re centimillionaires and poised to become billionaires, they have other worries: competitors, fraudsters and the next crypto crash.
Enduring Relations
The implementation of IA-CEPA amid the pandemic signifies the Indonesia-Australia’s commitment to recover and counter future challenges together.
Sweet Success
Steven Erwin envisions Unifam to become a major global player in the confectionery and F&B industry.
Marathon Man
Across America, scores of municipal pension funds remain scandalously underfunded. But not the pension fund of Tampa’s police and firemen, thanks in large part to JAY BOWEN, whose no-frills approach to stock picking has protected and served them for more than 45 years.
Gold Rallies on Inflation Fears
During September the price of gold rallied to $1,868 per ounce following the release of figures on US inflation by the Bureau of Labor Statistics which indicated that, as of September, CPI inflation had rocketed to 6.2%, above the 5.8% which economists had been predicting.
Set Off to A New Start
Bank Aladin has two main ingredients for success: establish trust and offer better customer experiences.
The Daily Intake
YOUVIT plans to invest further into marketing and grow into one of the leading vitamin brands in Indonesia.
THE CROESUS OF CRYPTO
FTX COFOUNDER SAM BANKMAN-FRIED BUILT A $22.5 BILLION FORTUNE BEFORE HIS 30TH BIRTHDAY BY PROFITING OFF THE CRYPTOCURRENCY FRENZY—BUT HE’S NOT A TRUE BELIEVER. HE JUST WANTS HIS WEALTH TO SURVIVE LONG ENOUGH TO GIVE IT ALL AWAY.
