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Forbes September 30, 2019

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Whether it’s reporting on the “next Facebook” or scrutinizing a new tax law, Forbes covers stories with uncanny insight and conciseness that hurried business folks appreciate. Get Forbes Digital Magazine Subscription today for rigorous, to-the-point business analysis.

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United States
Forbes Media LLC
$8.54(Incl. tax)
$42.74(Incl. tax)
6 Issues

in this issue

7 min.
beating cancer is in our blood.

Congratulations to The Leukemia & Lymphoma Society’s 2019 Man & Woman of the Year Winners. Thank you for your relentless pursuit of a world without cancer. NATIONAL RUNNERS-UP ALL STAR ALUMNI 2019 Local Winners ALABAMA • BIRMINGHAM: Paul Henderson, BCH Industries • Lindsey Noto, Saw’s Soul Kitchen • SOUTH ALABAMA: Tyler Whatley, Stewart & Whatley Builders • Chesley Allegri, Morgan Stanley • ARIZONA • PHOENIX: Forest Melton, University of Arizona Cancer Center • Genevra Richardson, GovGroup • ARKANSAS • LITTLE ROCK: Beau Baker, Edward Jones • Jalesa Reed, Southside School District • BENTONVILLE: George Ramirez, OZK Insurance • Meagan Weddle, PwC • CALIFORNIA • BAKERSFIELD: Shane Bryan, Trovato Wealth Mangement • Elizabeth Lehr, Elizabeth Lehr, State Farm Insurance Agent • BAY AREA: Trent Jackson, TJ International, Inc. • Madeline Dyer, Visa • FRESNO: Eric Dewey,…

2 min.
quality journalism, served daily

As we head into another political cycle, journalism’s silly season reappears in force: snarky takes and instant verdicts and viral quizzes asking which presidential pet you’re most like. From the president on down, the news cycle runs in Twitter time and rhyme. Given our contrarian nature, we’re happily doubling down on a Forbes journalism hallmark: long-form, deep-dive journalism. The issue you’re holding offers a representative sampling: For the cover story, Alex Konrad traveled to Bucharest to reveal, for the first time, the backstory on the hottest company in tech, UiPath, which has equipped corporate America with a bot army and in the process created $7 billion in value over three years. Lauren Debter spent months tracking and parrying with Patrick Byrne, the frenetic founder of Overstock, unwinding the bizarre tale of…

7 min.
a matchless man: malcolm forbes

“With all thy getting, get understanding” My father, born 100 years ago last month, would have been right at home in this era of social media, a time when what we call “branding” is more important than ever. The internet relentlessly commoditizes everything, and unless you have a distinct product or service, your company will wither. MSF would have thrived! Pop’s ballooning, motorcycling, boating, collecting and entertaining, as well as his creating and orchestrating memorable events, all had the goal of making Forbes synonymous with entrepreneurial success and the good life. It worked. When he took over the company after his older brother Bruce’s untimely death from cancer, Forbes was barely known outside the U.S. business world. By the time Pop died in 1990, the Forbes name had achieved a powerfully positive…

2 min.
restaurants: go, consider, stop

• Hudson Yards Grill 20 Hudson Yards, 500 West 33rd St. (Tel.: 212-545-7600) Hudson Yards is a massive complex boasting 20-plus new restaurants and food shops. Michael Lomonaco’s American brasserie serves delicious fare at reasonable prices. The menu has something for everyone: perfect grills of steak, fish, hamburgers, vegetables and pizza. Order a basket of the daily bread baked on-site, and begin with the crispy oysters with remoulade sauce, the lobster caviar sushi roll or the buffalo mozzarella and tomato salad. The soft-shell crabs are luscious, and the fresh grilled salmon is from the Faroe Islands. Finish with a sinful ice cream sundae. Comfortable, clubby setting ringed by a great, curated art collection, including massive sculpture pieces. • Altesi 26 East 64th St. (Tel.: 212-759-8900) Descending to the basement level, you’ll be happily surprised by…

2 min.

New Billionaire Fresh Face In little more than two years, South Korean Kim Jung-woong, 44, has pushed aside giant competitors to create a $1.3 billion company from skin-care masks that China can’t stop buying. When he was 15, tragedy lit a spark under Kim Jung-woong. His father was dead from liver cancer, leaving his widow and mother-in-law to raise Kim and his two siblings in South Korea. “Early on, I felt driven by the need to make money,” Kim says. At first he worked at a video game store, then he expanded to selling games on his own. He saved up $4,000, convinced his mother and an aunt to chip in as well and opened Game Paradise, his own retail shop in Seoul. Little might Kim have imagined that Game Paradise would become today’s…

1 min.
book value

SHAHRAZAD’S SAGA I’ve been reading The Arabian Nights (Norton, 2010), edited by Daniel Heller-Roazen from Princeton’s comparative literature department, translated by Husain Haddawy, based on a text edited by Muhsin Mahdi. It comes from the oldest near-complete manuscript that survives from the 14th century. It has a scholarly introduction and a “Contexts” section, which includes fragments from a 9th-century manuscript (as well as works by Poe and Proust). Another name for it is The Thousand and One Nights. It was apparently a bestseller around 900 A.D. I wanted an authentic translation, not a cleaned-up version. You’d think that something written in Arabic 1,000 years ago would be hard to relate to, but I am enjoying it perfectly well. This says something about the constancy of human experience.…