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Forbes_USA_June_13_2017

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STRATEGIES<br />

Mohammed bin<br />

Salman, 31<br />

DEPUTY CROWN PRINCE,<br />

SAUDI ARABIA<br />

Energy<br />

Rebooting Saudi Arabia’s economy<br />

by taking measures to wean<br />

it off oil, from raising taxes and<br />

reducing subsidies to slashing<br />

over-the-top perks for those on<br />

the government’s payroll. He is<br />

also leading the charge for the<br />

world’s largest IPO, the stateowned<br />

oil behemoth Aramco.<br />

Paulo Cesar de<br />

Souza e Silva, 61<br />

CEO, EMBRAER<br />

BRAZIL<br />

Manufacturing<br />

Pioneered a now widely used<br />

outsourcing model by plucking<br />

parts from companies like GE<br />

and Honeywell and then assembling<br />

in Brazil. Came to dominate<br />

the regional plane industry<br />

GLOBAL<br />

GAME CHANGERS<br />

“Snap is a camera company.<br />

We’re at the beginning of what<br />

cameras can do.”<br />

EVAN SPIEGEL,<br />

SNAP<br />

with its sleek and spacious E-<br />

Jets, which it sells to 70 airlines<br />

in 50 countries.<br />

Evan Spiegel, 26<br />

COFOUNDER, SNAP<br />

UNITED STATES<br />

Social media<br />

Got the world hooked on disappearing<br />

photo and video messages.<br />

Snap has 158 million daily<br />

active users who check the app<br />

an average of 18 times a day.<br />

Instagram and Facebook are<br />

copying. Offers a host of innovative<br />

mobile ads, like allowing<br />

brands to sponsor filters.<br />

Judy Wenhong<br />

Tong, 46<br />

CEO, CAINIAO<br />

CHINA<br />

Logistics<br />

Masterminding a vast collaborative<br />

logistics network for Alibaba<br />

and others. The onetime<br />

secretary is maestro over a data-backed<br />

central-information<br />

system that delivers 57 million<br />

packages in 224 countries a<br />

day. “We work with local partners<br />

and empower them with<br />

our data and computing ability,”<br />

Tong says.<br />

their first clients was American Airlines, which<br />

bought a thousand dollars’ worth of software<br />

without ever speaking to the Atlassian team.<br />

“American Airlines was the first company that<br />

just sent us some money and said, ‘We want the<br />

software,’ ” Cannon-Brookes says. “That was a<br />

pretty big moment. Obviously, we’ve continued<br />

to see that model.”<br />

That low-cost approach gave the company a<br />

positive cash flow from the get-go, allowing Cannon-Brookes<br />

and Farquhar to make outsize investments<br />

in research and development and to<br />

pay early hires in cash rather than forfeit equity.<br />

Buoyed by organic growth, Atlassian took<br />

no outside capital until 2010, when Accel Partners<br />

invested $60 million at an estimated $400<br />

million valuation. By the next funding round—<br />

a $150 million infusion led by T. Rowe Price in<br />

2014—its valuation had soared to $3.3 billion,<br />

and its unassuming, shaggy-haired co-CEOs<br />

were billionaires. The following year, the company<br />

went public with a $4.4 billion market cap,<br />

and their fortunes swelled even more.<br />

The founders downplay their riches, citing<br />

job creation as a more meaningful metric. But<br />

belying their low-maintenance public personas<br />

MICHAEL GRECCO

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