May 1, 2018 / Fortune Asia / Volume 177 / Number 5 / THE WORLD’S 50 GREATEST LEADERS

FEATURES

THE WORLD’S 50 GREATEST LEADERS

Introduction: There’s Strength in Unbundling
By GEOFF COLVIN
For centuries, greater size made companies and nations more formidable. Now leaders are learning the power of a smaller scale.
PAGE NO. 20

The 2018 List
BY JONATHAN CHEW, ERIKA FRY, and the FORTUNE staff
Fortune’s fifth annual list of the thinkers, speakers, and doers who are stepping up to meet the world’s biggest challenges.
22

The Nick Saban Standard
By BRIAN O’KEEFE
The University of Alabama football coach has done more than just win. His success has influenced a whole new generation of competitors and coaches.
28

Redemption for Bitcoin’s Biggest Villain
By JEN WIECZNER
He led the world’s biggest Bitcoin exchange before a mysterious heist made it go bust. As clues emerge and Bitcoin’s price surges, Mark Karpel鑚 is on the hunt for answers.
PAGE NO. 40

Retail Reckoning
By PHIL WAHBA
Private equity has invested hugely in the retail sector-boosting some brands and crushing others. Here’s how these investors are remaking your mall.
48

Breach of Trust
By KRISTEN BELLSTROM and BETH KOWITT
For women, late-night business meetings require a leap of faith that they’ll be treated professionally. Two execs say ex-Tronc chair Michael Ferro betrayed that trust.
54

DEPARTMENTS

BRIEFING

5 Facebook Can’t Solve This Problem Alone
Even Mark Zuckerberg says more social media regulation is inevitable-but will new rules shore up today’s giants or tear them apart?
By AARON PRESSMAN

8 The First Victims of a New Trade War
U.S. farmers’ pain could be the tip of the iceberg if trade tensions escalate.
By CHRIS MATTHEWS

9 Drug Prices Are Increasing
So is Big Pharma lobbying.
By JAY HANCOCK and ELIZABETH LUCAS

FOCUS

TECH

11 A New Code of Conduct
What are the legal ramifications of a self-driving car at fault? A look into what happens when robots go awry.
By KIRSTEN KOROSEC

13 Your Next Home Could Be 3D-Printed
One Texas company wants to make it possible to download and print a livable structure.
By CHRIS MORRIS

VENTURE

15 Go on Green Light
Every entrepreneur has a ”light bulb moment.” Cole Zucker’s was quite literal.
Interview by DINAH ENG

PASSIONS

17 Aston Martin’s Next Century
James Bond may have put it on the map, but the British marque is determined to stir, not be shaken.
By JACLYN TROP

BACK PAGE

LAST BYTE

64 Raise a Glass to Equities
When it comes to long-term investing, the one asset class that even fine wine can’t beat? Stocks.
Text by BRIAN O’KEEFE; graphic by NICOLAS RAPP

ON THE COVER: COLOR TEARS BY VVOEVALE (2), AND HUDIEMM, BOTH FROM ISTOCK/GETTY IMAGES

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SEAN CONNERY WITH ASTON MARTIN: COURTESY OF EVERETT COLLECTION





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