January 13, 2014 / Fortune Asia / Volume 169 / Number 1 / THE FUTURE ISSUE

26 The New Koch
Koch Industries may be known as an oil company. But the vast private business empire run by billionaire brothers Charles and David Koch is expanding into vital industries like food, water, and personal technology.
By Christopher Leonard

35 The Future Issue

36 Everything Is Connected
Qualcomm, the company that brought you ubiquitous mobility, is now on a quest to connect all things to the Net.
By Michal Lev-Ram

42 Where Google Ventures Is Pinning Its Hopes
The search giant’s venture capital unit, no longer a Silicon Valley punch line, is shaking up the business.
By Miguel Helft

46 A Futurist Knows
In an interview about his career and the future of the movie industry, Robert Downey Jr. tells Fortune about the real-life discussions that have influenced his thinking about technology, business, and entertainment.
By Stephanie N. Mehta

48 Countdown to the Snapchat Revolution
The photo-sharing app is having a moment. Can it figure out a way to make money before the clock runs out?
By Jessi Hempel and Adam Lashinsky

54 The Fortune Crystal Ball
What will get the talking heads talking in 2014―the big deals, the inescapable trends, the newsmakers? Our well-studied predictions for the year ahead.

4 MACRO
Closer Look
Apparel company American Giant makes the most desired sweatshirt on the market. Demand brought an unexpected move: to source and manufacture it all in the U.S.
By Craig Giammona

6 MACRO
International
After relaxing its one-child policy, China braces for a wave of infants. Will it last?
By Scott Cendrowski

7 MACRO
Extraterrestrial
A company that first made outfits for zero gravity redesigns its gear.
By Catherine Dunn

8 MACRO
Hollywood’s Military Complex
The extraordinary savings behind a blockbuster partnership.
By Soo Youn

9 MACRO
Chartist
Dubai leads the Middle East’s rise as a hub for air travel.
Graphic by Nicolas Rapp

11 VENTURE
How I Got Started
Inspired by an unlikely episode, Dal LaMagna built Tweezerman from the bottom up.
Interview by Dinah Eng

14 VENTURE
Family Business
Kathleen Doyle is making a bid to turn her family auction house into a global player.
By Dinah Eng

15 INVEST
Emerging Markets
Why 2014 could be Mexico’s year.
By Jen Wieczner

17 INVEST
Wealth Adviser
Emerging-market bonds offer diversification and, thanks to a plunge in prices, generous yields.
By Janice Revell

18 INVEST
21st-Century Investing
Private equity firms are rolling out IPOs of their overhauled portfolio companies at a record rate. You should think twice before buying.
By Lauren Silva Laughlin

22 LUXURY
Gucci, Chanel, and ... Qeelin?
The fashion conglomerate Kering is betting that Chinese consumers will covet one of their own―a high-end Asian jewelry brand.
By Jennifer Reingold

3 EDITOR’S DESK

60 BING!

19 Allan Sloan
The Volcker Rule: a triumph of complexity over common sense.

20 Dan Primack
Venture capital will thrive even if tech IPOs don’t.

21 Nina Easton
Will allowing more foreign workers shrink the salary gap?
ON THE COVER PHOTOGRAPH BY NIGEL PARRY

[IMAGES]

PHOTO: NIGEL PARRYPRODUCTION DESIGN BY PETER GARGAGLIANO; STYLING BY JULIE WALDOF; GROOMING BY DAVY NEWKIRK AT TRACY MATTINGLY; BLAZER, SHIRT, TIE, AND PANTS FROM H. LORENZO, SUNSET PLAZA, LOS ANGELES

PHOTO:
7 At engineering firm ILC Dover, which is designing a space suit for NASA, 3-D-printed glove molds are custom-made for each astronaut.
CHRISTOPHER LEAMAN

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