Forbes USA 02 December 2013 (e magazine full)

Muhammad Yunus

Microloan pioneer, Nobel laureate—

and Forbes’ lifetime achievement

award winner for

social entrepreneurship.

p. 97

Paul Tudor Jones

Solving poverty at

home means solving

education.

p. 78

Bono

The rock star uses

commerce to raise

money—and fame to

sell governments.

p. 66

Bill Gates

The brains—and

wallet—behind the

fight against

preventable disease.

p. 66

Ellen Johnson

Sirleaf

Liberia’s

president, a

Nobel Peace

Prize winner,

embraces

altruistic

capitalism.

p. 98

ENTREPRENEURS

CAN SAVE

THE WORLD

GOVERNMENTS CAN’T ERASE POVERTY.

NOR CAN BIG CORPORATIONS.

THESE ARE THE PEOPLE AND IDEAS THAT ARE DOING IT.

WHY THE BULL MARKET WON’T STOP • NEXT BIG SPECTATOR SPORT: VIDEOGAMES

DECEMBER 2 • 2013 EDITION

SPECIAL

PHILANTHROPY

ISSUE

Ray Chambers

From The Forbes 400

to the world’s point

man on malaria

and AIDS.

p. 109

Jef Skoll

Taking action by

telling stories.

p. 54

Patrice and Precious Motsepe

The first African billionaires to

join the Giving Pledge.

p. 112

Francine LeFrak

How a failed

movie turned into

a job program for

Rwanda’s poor.

p. 110

EXCLUSIVE:

THE TOP 50

PHILANTHROPISTS

WHO ACTUALLY

GAVE MONEY

(VERSUS JUST TALK ABOUT IT)

ROBIN HOOD,

REINVENTED:

WALL STREET’S

FAVORITE CAUSE

CHANGES COURSE

PORTFOLIO:

THE BUSINESSPEOPLE

TURNING AROUND

POVERTY IN AFRICA

BILL GATES

AND BONO:

ON THEIR ALLIANCE OF

FORTUNE AND FAME

PLUS: BONO’S ODE

TO WARREN BUFFETT

Liesel Pritzker Simmons

The anti-Paris Hilton: An

heiress focuses her inheritance

on impact investing.

p. 86

Tsitsi Masiyiwa

Tapping a telecom fortune to

educate HIV orphans.

p. 106

Poverty Warriors:

1 rock star, 2 Nobel Peace

Prize winners, $100 billion

in net worth and an infinite

appetite for taking chances.

Photographed on June 5, 2013,

in the North Delegates’ Lounge

of the United Nations.

Dikembe Mutombo

An NBA windfall

becomes a

health care solution.

p. 107

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Grow Appalachia’s community gardens.”

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Guaranteed only in salons and Paul Mitchell Schools. paulmitchell.com

4 | FORBES DECEMBER 2, 2013

contents — DeceMBeR 2, 2013 VoLUMe 192 nUMBeR 8

66 | special report: philanthropy

Using the tools of capitalism to save the world’s poorest people.

cover photograph by michael prince for forbes

13 | FACT & COMMEnT

by steve forbes

The bankruptcy of modern economics.

LEADERBOARD

16 | MEGA MACAU

Transforming muddy swampland into the

world’s greatest casino town.

20 | SCORECARD

Williams fl ies; Zuckerberg loses friends.

22 | EMERGinG EnTREpREnEURS

African innovators developing technology

to make essential tasks easier.

Plus: FORBES makeover.

26 | THE wEALTHiEST AFRiCAnS

Ten tycoons in retail, oil, cement and more.

28 | ACTivE COnvERSATiOn

How powerful is Vladimir Putin?

66 | when bill met bono

Fame, fortune and f nding

solutions. A conversation.

©2013 movado group, inc.

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A NEW PERSPECTIVE ON MODERN DESIGN.

MEN’S FUSION DUAL-TIME WATCH AND

NEW CATALYST™ CHRONOGRAPH.

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JARED® THE GALLERIA OF JEWELRY

6 | FORBES DECEMBER 2, 2013

contents — DeceMBeR 2, 2013

THOUGHT LEADERS

30 | CURREnT EvEnTS

by amity shlaes

Kennedy strikes back.

32 | innOvATiOn RULES

by rich karlgaard

Team management: Think small and agile.

34 | CApiTAL FLOwS

by steven f. hayward

The shining city of exceptional immigrants.

STRATEGiES

36 | THE ESpn OF viDEOGAMES

Twitch has big-league audiences watching

e-Sports online. It has big advertisers, too.

by david m. ewalt

42 | BiGGER THAn CRAiSinS

Ocean Spray has a Yankee knack for squeezing

new dollars out of the same old cranberries.

by alexander konrad

TECHnOLOGy

46 | pAnDORA pLAyS niCE

The service that musicians love to hate

just wants the same deal as Apple.

by connie guglielmo

EnTREpREnEURS

50 | AnD BABy MAkES ... MOnEy

4moms develops high-tech gear for infants.

Without a key pivot, it might still be making

showerheads.

by karsten strauss

54 | pOwER OF THE STORy

In Hollywood—or anywhere—narrative is still

the best way to inspire and compel change.

by jeffrey skoll

invESTinG

56 | “yOU wAnT A STOCk LikE

MERyL STREEp”

Bill Smead likes to buy big brands that others

have given up on.

by abram brown

58 | niCE TRiCk FOR GOLD TRADERS

Smarting from a gold buy? Be clever with your

capital loss deduction.

by william baldwin

BrandVoice

by fidelity

why Sector-Based Thinking

Matters to investors. 59

60 | FixED-inCOME wATCH

by richard lehmann

Armageddon playbook.

36 | league of

their own

Next great spectator

sport? Videogames.

56 | contrarian’s closeup

Mutual fund star Bill Smead nabs

large companies on the cheap.

114 | contented

castaways

A $9 million booze￾cruise business.

46 | changing its tune

Pandora’s music royalty war.