December 1, 2014 / Fortune Asia / Volume 170 / Number 8 / BUSINESSPERSON OF THE YEAR

44 Fallen Arches
The world’s largest restaurant company is losing market share, losing sales, and suffering one heck of a corporate identity crisis. Can McDonald’s embattled CEO get the company’s mojo back?
By Beth Kowitt

58 Inside Elon Musk’s $1.4 Billion Score
The crazy, real-life story of how the CEO of electric-car maker Tesla dazzled, seduced, squeezed, bluffed, manipulated, and prodded his way to epic state incentives to build a massive battery plant in the Nevada desert.
By Peter Elkind

85 THE 2014 BUSINESSPERSON OF THE YEAR

86 The Most Ambitious CEO in the Universe
As Google’s core business continues to thrive, Larry Page is making huge bets on new technology擁ngestible nanoparticles, balloons that beam down broadband葉hat could define the future.
By Miguel Helft

94 2014’s Top People in Business
It has been a year of tumult庸rom volatile markets to viral outbreaks to a striking return to Cold War politics. But throughout all this disruption, our top candidates for Fortune’s annual CEO award kept a steady hand on the tiller預nd took their companies full speed ahead.

8 MACRO
Closer Look
The incredible price of New York’s elite condos.
By Anne VanderMey

10 MACRO
Globalization
In a troubled world, evacuation planners are thriving.
By Erika Fry

12 MACRO
World’s Most Admired Companies
Medical supply giant Henry Schein is poised for the digital revolution.
By Laura Lorenzetti

14 MACRO
Global Power Profile
CEO Mark Parker is driving innovation at Nike.
By Daniel Roberts

17 VENTURE
How I Got Started
Sam Jain’s CheapOair is taking off.
Interview by Dinah Eng

23 LUXE
Automobiles
Hybrid tech achieves new frontiers in performance.
By Jason H. Harper

34 LUXE
Accessories
High-end autos have influenced a crop of ultra-luxury goods.
By Sue Callaway

37 INVEST
Venture Capital
AngelList is upending the VC system.
By Dan Primack

39 TECH
Inflection Point
Amazon goes to war again (and again).
By Adam Lashinsky

42 TECH
The Fortune 500 Series
Alcoa’s additive manufacturing lets it turn ideas into reality faster.
By Ben Geier

100 BING!
CORRECTIONS
”The CEO Whisperer” (Nov. 17) incorrectly included Warren Buffett in a list of prominent investors who ”sat down” with Tony Robbins for interviews for Robbins’ book Money: Master the Game. Buffett declined Robbins’ request for an interview. ”He Just Keeps On Hanging On (to Stocks)” (Nov. 17) incorrectly stated that Financial Engines represents 9.9% of the assets of Ron Baron’s funds. In fact, Baron’s funds own 9.9% of Financial Engines. Fortune regrets the errors.
ON THE COVER ILLUSTRATION BY GRZEGORZ DOMARADZKI

[IMAGES]
ADAM VOORHESROBIN FINLAY

58 Tesla CEO Elon Musk won a stunning array of tax breaks and free land in Nevada for a battery factory outside Reno.
WINNI WINTERMEYER
ｩ Time Inc