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5 Christian-Owned Companies with Godly

Values
1. Forever 21

Forever 21 (also known as F21) is a one-stop-fashion shop for everyone. You will find
everything you need here from clothes, bags, shoes and even makeup. Many people are fond of
shopping here because the prices are affordable and there’s a wide array of fashion choices.

However, what makes F21 very special is that this is actually a Christian-owned company. The
Changs are born-again Christians and Mrs. Chang, co-owner of F21, once shared that opening
the store has been God’s calling on her life. You can actually see “John 3:16” printed on the
plastic bags.

2. Mary Kay

Mary Kay Ash, the owner of this cosmetic brand, built the company with one goal in mind: to
let all women know that they are beautiful creations of God. This has been her motivation ever
since. She also attributes the success of her brand to God. She has shared that she believes the
company is blessed because they had the right motivation behind it. If you’re planning to buy
some beauty products and cosmetics, put Mary Kay on your list.

In 1997, the cosmetic queen professed her religious beliefs loud and clear. In particular,
she said, "God has blessed us because our motivation is right. He knows I want women
to be the beautiful creatures he created."

Mary Kay, Inc. is an American privately owned multi-level marketing/direct sales


company that sells cosmetics products. According to Direct Selling News, Mary Kay
was the sixth largest direct selling company in the world in 2011, with net sales of USD
2.9 billion. Mary Kay is based in Addison, Texas, outside Dallas. The company was
founded by Mary Kay Ash in 1963. Richard Rogers, Mary Kay's son, is the chairman,
and David Holl is president and was named CEO in 2006.

3. Interstate Batteries CEO- Norm Miller

At face value, Interstate Batteries may not look like a Christian company. However, once you
read the company’s purpose and values, you’d be surprised! The mission statement reads:

Our Purpose: To glorify God and enrich lives as we deliver the most trustworthy source of
power to the world.
Our Values: LOVE. Treat others like you’d want to be treated.
SERVANT’S HEART. Lead with what people need.
EXCELLENCE. Do great things with the gifts you’ve been given.
COURAGE. Learn, improve and boldly drive change that matters.
FUN. Work hard, laugh often.
TEAM. Together, we’re better.
INTEGRITY. Be who you are and live up to your commitments.

Though you may not be able to tell by its logo, the battery-maker are devout Christians.
The company's mission statement reads that it will "glorify God as we supply our
customers worldwide with top quality, value-priced batteries, related electrical power-
source products, and distribution services."

Interstate Battery System of America, Inc., a.k.a. Interstate Batteries, is a privately


owned company that markets automotive batteries manufactured by Johnson Controls
through independent distributors to more than 200,000 automotive shops worldwide.
The company is based in Dallas, Texas. IBSA also markets marine/RV, motorcycle,
lawn and garden, and other lines of batteries in the starting, lighting and ignition
markets. Its retail stores, the Interstate All Battery Centers, are the second-largest chain
of franchised retail battery stores.

The owners of battery manufacturer Interstate Batteries know that even


making a power supply can glorify God. The company's mission statement
says that they will "glorify God as we supply our customers worldwide with top
quality, value-priced batteries, related electrical power-source products, and
distribution services."

4. Tyson Foods

John W. Tyson, the owner of Tyson Foods, launched the Chaplaincy Program in 2000. The
program aims to employ chaplains who will help motivate, encourage and pray with their team
members. Currently, there are 115 chaplains employed in Tyson Foods with 113,000 team
members.

Though they may not wear their religion on their wrappers, Tyson is one of the more
religious companies in America. The chicken company employs a team of chaplains,
who according to the company's website, "The chaplains provide compassionate
pastoral care and ministry to team members and their families."
Tyson Foods, Inc. is an American multinational corporation based in Springdale,
Arkansas, that operates in the food industry. The company is the world's second largest
processor and marketer of chicken, beef, and pork only behind Brazilian JBS S.A., and
annually exports the largest percentage of beef out of the United States. With 2011
sales of US$32 billion, Tyson Foods is the second-largest food production company in
the Fortune 500, the largest meat producer in the world, and according to Forbes one of
the 100 largest companies in the United States.

Tyson Foods, most well-known for their chicken, is a unique Christian company. Tyson
employs a team of chaplains who minister to Tyson employees. According to the
company's website, "The chaplains provide compassionate pastoral care and ministry
to team members and their families."

5. Hobby Lobby founder- David Green

This arts and crafts chain store donates and ministers. Hobby Lobby donates 10 percent of its in-
store discounts to schools, churches, and charities and can also arrange for its customers to get a
discount for donations. One of the company’s mission statements says “We are committed
to…Honoring the Lord in all we do by operating the company in a manner consistent with
Biblical principles.” This is also why the store is closed on Sundays.

In conclusion, not all company owners are money-driven; there are really blessed ones out there
who use their hands to serve God in the business world. Let’s continue to watch out for
Christian-owned companies and help support them and their cause.

Similarly to Chik-Fil-A, the arts and crafts chain closes up shop on Sunday to observe
the Lord's day. They don't try to hide their strong Christian beliefs either. In its mission
statement, the company proclaims "Honoring the Lord in all we do by operating the
company in a matter consistent with biblical principles."

Hobby Lobby is a chain of retail arts and crafts stores based in Oklahoma City,
Oklahoma, USA, formerly called Hobby Lobby Creative Centers. The stores are
managed by direct corporate hires

Arts and crafts store Hobby Lobby says in their mission statement: "Honoring the Lord
in all we do by operating the company in a matter consistent with biblical principles." A
few years ago, Hobby Lobby became engaged in a high-profile lawsuit. The Christian
chain argued that the government shouldn't be able to force Christian businesses to pay
for employee healthcare which covers contraceptives. Religous freedom ultimately won
out in the case.
3 Examples of Christian Business Leadership

Do Won “Don” Chang, Founder and Owner of Forever 21

In 1981, Don Chang immigrated to California from South Korea at the age of 18 with his wife,
Jin Sook. Three years later, he started his first Forever 21 shop, according to The Guardian, and
sales grew to $700,000.

“I feel truly blessed by Forever 21’s success,” Chang told The Guardian. “Forever 21 is my
American Dream.”

The store has received attention for displaying “John 3:16” on its carrier bags. Chang wanted to
expose people to the Bible verse’s message of the Gospel. “It shows us how much God loves
us,” he told CNN. “The love he gave us, by giving us his only son, Jesus, was so unbelievable to
me. I hoped others would learn of God’s love. So that’s why I put it there.”

The fashion chain has received criticism for this and other Christian messaging. T-shirts with
phrases such as “Jesus loves me” and “Three words to live by: Prayer, faith, and trust” have been
criticized as “Christian propaganda,” Christian Post reports.

S. Truett Cathy, Founder of Chick-fil-A

Truett Cathy founded Chick-fil-A in 1946 and helped it grow to become one of the most
successful fast food restaurants. Cathy died in 2014, but his legacy lives on in the culture of a
company recognized for its Christian beliefs.

A popular example of this is why Chick-fil-A is closed on Sundays. “[Cathy] believes that all
franchised Chick-fil-A Operators and their Restaurant employees should have an opportunity to
rest, spend time with family and friends, and worship if they choose to do so,” according to the
company’s website. “That’s why all Chick-fil-A Restaurants are closed on Sundays. It’s part of
our recipe for success.”

The company is also well-known for its generosity. Chick-fil-A has given more than $68 million
in contributions to more than 700 educational and charitable organizations. It regularly appears
in the news for helping people, such as those stranded in a snowstormor first responders and
blood donors helping shooting victims in Orlando.

“I see no conflict whatsoever between Christianity and good business practices,” Cathy said in
2006. “People say you can’t mix business with religion. I say there’s no other way.”

Tom Chappell, Co-Founder of Tom’s of Maine

Tom Chappell co-founded Tom’s of Maine in 1970 with his wife, Kate Chappell, with a $5,000
investment. The company now sells personal care products at more than 40,000 retail outlets
worldwide. The Chappells sold an 84 percent stake in Tom’s of Maine for $100 million in 2006
to Colgate-Palmolive. The Chappells own the remaining share and still provide leadership for the
company.

Values-centered leadership principles at Tom’s of Maine are a product of Chappell’s


Episcopalian beliefs. He “almost single-handedly transformed Tom’s of Maine into a company
with a spiritual focus,” Charles Lippy writes in his book Faith in America. “Facing a spiritual
crisis of his own, Chappell enrolled in Harvard Divinity School, and he was soon bringing
Harvard professors as well as the books they assigned to corporate board meetings and employee
gatherings.”

“Chappell understands workplace spirituality to be a deep sense of connection, service, and


commonality,” Lippy adds. Meetings between marketing and community relations departments
work on “fostering commitments and relationships rather than deals and competition.”

Instead of leaving the company to pursue full-time ministry, Chappell helped build a company
that reflects its Christian roots. Its mission statement says that Tom’s of Maine exists, in part,
“To help create a better world by exchanging our faith, experience, and hope.”
CHICK-FIL-A

We bet you actually have heard of this Christian business. Chick-fil-a, home to the
delicious chicken sandwich, does not shy away from proclaiming its Christian roots.
Chick-fil-A's founder, Truett Cathy believed not only in running a good business that
offered good food, he believed in living out his faith through his work. He set a
precedent for Chick-fil-A that continues today. Employees are especially helpful and
friendly to customers, the restaurant is closed on Sundays, and uplifting Christian music
plays in the background.

Dan Cathy, Truett Cathy's son, is now the CEO of the restaurant chain. The younger
Cathy drew criticism for saying he supported the biblical definition of marriage. This
caused a backlash from some on the Left, but also led to more Christians supporting
Chick-fil-A than ever.

Chick-fil-A has seen a lot of criticism and backlash over the past several years for its
position on same-sex marriage, remaining unapologetic about its Christian beliefs, but it
certainly hasn't stopped its exponential growth. A QSR report from August 2015
reported Chick-fil-A as the eighth-ranked industry elite in the U.S., grossing more than
$5.7 million in sales in 2014, beating out companies like Chipotle, KFC, and Panera
Bread. And if that wasn't enough, the chain just recently opened up its first location in
the heart of midtown Manhattan, this past October.

On their public FAQ page listed on their website, the company shares that the corporate
purpose of Chick-fil-A is "to glorify God by being a faithful steward of all that is entrusted
to us."

Back when the chain was founded back in 1946, Truett Cathy, the late founder and
chairman of Chick-fil-A, enforced a policy based on his personal and biblical principles,
that all Chick-fil-A restaurants are to be closed on Sundays to give employees an
"opportunity to rest, spend time with family, friends, and worship if they choose to do
so." The chain consider refers to this continued practice as "part of [their] recipe for
success."

The company wears its Christianity on its sleeve. Not only is it closed on Sundays, but
also are vehemently opposed to gay marriage. This shouldn't be all too surprising
considering the uproar surrounding the company. Nonetheless, the company, to the
average patron, may not be known for its deeply religious beliefs.
Chick-fil-A is an American fast food restaurant chain headquartered in the Atlanta
suburb of College Park, Georgia, specializing in chicken sandwiches. Founded in 1946,
it is associated with the Southern United States. Chick-fil-A has more than 1,850
restaurants in 41 U.S. states and the District of Columbia. The company's culture is
strongly influenced by its founder's Southern Baptist beliefs. All Chick-fil-A restaurants
are closed for business on Sunday. In 2012, CEO Dan Cathy's public statements in
opposition to same-sex marriage became the subject of public controversy.

FOREVER 21

Forever 21, which sells clothing and accessories for teens and young adults,
is a staple in many malls, but did you know that the Chang family who own the
business are committed Christians? Mrs. Chang says that God told her she
should open a store and that she would be successful." Also, if you pay
attention to the bottom of your Forever 21 shopping bag, you will see "John
3:16."

Forever 21, the fifth-largest speciality retailer in the U.S., is owned by Jin Sook and Do
Won Chang, born-again Christians. According to theguardian, Sook and Chang emigrated
from South Korea to California with a dollar and a dream, working tirelessly to make ends
meet in a new country. Fast-forward 30 years, this family-owned business has journeyed
through ups and downs and is now en-route to opening 600 stores by 2017 approaching a
net worth of $8 billion.

At the bottom of their signature yellow bags are the words, "JOHN 3:16," which alludes to
one of the most popular verses in The Bible, which reads: "For God so loved the world, that
he gave his only Son, that whoever believes in him should not perish, but have eternal life."

Mrs. Chang has been reported by BloombergBusiness saying that when she travelled to
America, she had an encounter with God after a prayerful experience on a mountain top.
She shares it was that there that God told her she should open a very successful store.
"Every decision that they made has been with thoughtful prayer. The bag is simply a
statement of [the founders'] faith," says Linda Chang, the public face of the private family.

Purchase a $15 fringed denim vest or whatever in God's name they are selling this
season and you may notice a "John 3:16" printed on your shopping bag.
Forever 21's owners, the Chang family, are born-again Christians. Mrs. Chang has told
reporters that "God told her she should open a store and that she would be successful."
Forever 21 is an American chain of fashion retailers with its headquarters in Los
Angeles, California and sales of $3.7 billion in 2013. Forbes ranked Forever 21 as the
122nd largest private company in America. From the initial, small, 900 square ft. Los
Angeles store in 1984 to over 480 locations in the United States and abroad today,
Forever 21 has experienced immense growth. The stores themselves have also
expanded, with an average size of 38,000 square ft. and 24,000 square ft. XXI flagship
stores. According to Adrienne Tennant, an analyst at Wedbush Morgan Securities, and
Andrea Chang of the Los Angeles Times, Forever 21 is known for its trendy offerings
and its economical pricing.

IN-N-OUT BURGER
West coast fast food chain In-N-Out-Burger also prints Bible verses on their
paper bags and food wrappers. They are small, but are there for those who
are looking!

The California chain has printed biblical passages on its paper bags and wrappers.
They aren't in plain view, however. You need to look closely to find them, but as you can
see, they are there.

In-N-Out Burgers, Inc. is a regional chain of fast food restaurants with locations in the
American Southwest. Founded in Baldwin Park, California, in 1948 by Harry Snyder
and his wife Esther Snyder, the chain is currently headquartered in Irvine. In-N-Out
Burger has slowly expanded outside Southern California into the rest of the state as well
as into Arizona, Nevada, Utah, and Texas. The current owner is Lynsi Snyder, the only
grandchild of the Snyders. As of January 7, 2015, In-N-Out employed over 18,000 staff
and had 300 locations with no location more than a day's drive from a regional
distribution center. As the chain has expanded, it has opened several distribution
centers in addition
Hijab

Islamic clothing is emerging as a huge business opportunity. Loose garments that are modest and
fashionable are something that every discerning Muslim buyer is looking for.

Shukronline.com is a great place to buy clothes and accessories for men, women and children.
An Indian start up that right now operates from home and sells online through a Facebook page
is the Hijab Design Studio.

The tunics and trench coats on offer at Islamic shopping sites are also trendy enough for use by
people who don’t wear hijab.

That Hijabi

Nida Khadbai, the founder of That Hijabi, knew she wanted to open a business that catered to
women who didn’t fit in the mainstream’s new love of the skinny, white, fashionable Muslim
woman — the one who spends hundreds of dollars on high-end modest wear.

“The grotesque prejudice and violence against Muslims has created a counter push where only
positive, stylized, aspirational, attractive, overly feminized, bourgeoisie Islam has flooded the
zone. It is at once too much and not enough,” said writer Nesrine Malik, on NPR’s Code Switch.

It was these precise feelings of not fitting into the mainstream that pushed Khadbai to start a line
that was accessible, affordable, and could be paired with anything.

“As a child, I’d always have to try and fit myself into their idea of a woman and I didn’t like that
and didn’t want younger woman growing in a society where they did not feel represented,” said
Khadbai, who wants her scarves to go with anything.

“I want my new brand to represent any woman who falls in love with the product and want her to
feel like herself in my product and not have to try to squeeze herself into my brand.”

With inclusively-modeled scarves starting at six dollars, That Hijabi is accessible to both Muslim
and non-Muslim women who aren’t looking to spend upwards of $25 on a scarf and enjoy seeing
products modeled on people who look like them.

“I hope to have all women, both those who wear the headscarf and those who don’t, feel
comfortable to wearing my scarves and make it their own,” said Khadbai who hopes to expand
the line to Non-Muslim women too.
Le Jamalik

Growing up wearing the headscarf, I remember how difficult it was to find a salon that catered to
women who needed their hair cut in private.

Generally, it was in the back rooms of salons, which were stuffy and poorly ventilated or had
flimsy dividers that ended up revealing more than they hid. The idea of having a salon for
women like me felt impossible.

With the rising number of Muslim women coming out and asking for spaces to accommodate
them, some salons have started catering to women who wear the headscarf by creating larger
back rooms to accommodate our needs.

However, even so, we never had the luxury of being pampered or feeling the ease of being taken
care of in the well-lit, nicely decorated front room.

Le’Jamalik — ‘for your beauty,’ in Arabic — is a salon in Bay Ridge, Brooklyn started by Huda
Quhsi, a Muslim woman who wears the scarf herself.

With sleek designs positioned away from the entrance, Le’Jamalik gives Muslim women a space
to feel comfortable and relaxed while getting a haircut, wax, or henna tattoo.

Instead of keeping one eye open for men coming in and out of the store, patrons can relax
knowing that this space — beautiful and well lit — is meant for us to relax. Huda emphasizes
that her beauty salon caters to anyone, from any walk of life.

Louella

It’s not every day that you see a successful Black, Muslim, hijab-wearing, female Olympian who
is also a successful business owner. But, Ibtihaj Muhammad is just that.

The American Olympian fencer, who is best known for being the first American to represent
America at the Olympics while wearing the hijab, also started her own fashion line, Louella, in
hopes of delivering a “fresh and vibrant look to the modest fashion industry.”

Ibtihaj is not one to shy away from breaking mainstream ideas of Muslim women.

When she fought her way to represent the United States as a Muslim woman wearing hijab, she
made herself, her identity, and her faith visible. This revolutionary act of triumph and power is
translated in the bright colors that are a theme of her dresses.
Ibtihaj’s line plays with color and a plethora of head-turning patterns and is definitely a call for
recognition.

Though the designs are on the pricey side, the fabric and comfort make them worth it. My
personal favorite is the gorgeous floral ball-like skirt.

Ibtihaj not only knows how to fence, she definitely knows a thing or two about style.

Muslim businesses: Noor Kids

US-based Noor Kids is seeking to provide Muslim families living in Americawith


a guidance framework for the Islamic-identity development of their children.

In return for a monthly fee starting at 99 cents (77p), subscribers receive an Islamic
activity book every four weeks with a variety of things to do geared towards
building confidence in young Muslims aged between four and eight concerning
their culture and religion.

Founded in 2015 by Amin Aaser, Noor Kids has sold tens of thousands of books
across 25 countries solely in English, with plans to expand and develop into a
global media company.

Muslim businesses: Muzmatch

Inevitably dubbed “Tinder for Muslims”, Muzmatch is a dating app where single
Muslims – of which there is an estimated 400 million – can meet, founded in 2015
by CEO Shahzad Younas.

Yet while the concept is similar to that of Tinder’s and other apps serving the
Western community, its goal is somewhat different in that it ultimately aims to
facilitate Muslim marriages.

Its execution is fairly unique as well, owing to its demographic’s traditional


attitudes towards romance.

Female users have the option to conceal their appearance until they meet with their
match, and can also request a chaperone for the eventual date.

As of late last year, Muzmatch had 220,000 members from around the world with
6,000 of those going on to tie the knot.
Muslim businesses: Haute Elan

Founded in London in 2013, Haute Elan sells Muslim-orientated, modest fashion items to
customers in 200 countries across the globe.

Benefiting from the contribution of more than 200 designers, it has a strong presence in
Malaysia, where it has a second showroom in addition to the one at its base in the UK capital.

The company claims to offer worldwide next-day delivery along with a range of Islamic-
orientated offers including Halal nail polish.

And in addition to providing Muslim women with more fashion options, Haute Elan donates £1
from every purchase to the Women Collective, a body which supports and funds female
entrepreneurs.

Muslim businesses: Tasnee

Acting as the country’s first private sector joint stock industrial company, Tasnee was founded in
1985 under the belief that Saudi Arabia was in need of economic diversification towards the end
of the millennium.

Today, it is one of Saudi Arabia’s largest industrial companies and one of the world’s largest
producers of titanium dioxide, espousing its commitment to sustainable growth as being equal to
achieving profit.

Its operations primarily concern chemicals, plastics and metals manufacturing, industrial services
and environmental technologies.

In 2014, Tasnee ranked 1,797th of Forbes’ Global 2000 list.

Muslim businesses: Islamic GPS

Based in London, Islamic GPS is an app that uses augmented reality to help users find mosques
as well as important Islamic sites and landmarks throughout the world.

Those with the app installed on their phone can hold up their device and upon doing so will be
provided with the location of the nearest mosque within 20km, in addition to directions.

If it’s a landmark, the app will also provide information pertaining to its history and cultural
significance, in an effort to teach Muslim history using modern technology.

Founded by Ikbal Hussain in 2016, its augmented reality feature equips users with a live view
of the locations it presents using GPS data.
Muslim businesses: Agility

Global logistics company Agility assists businesses, governments and international organisations
by providing freight services, transportation, warehousing and supply chain management.

The business is headquartered in Kuwait, but has an international influence with more than
22,000 employees occupying 500 offices in 100 countries across the globe.

CEO Tarek Sultan assumed control of Agility in 1997 and has since overseen it to become a
leader in its field in Middle East and Asia, with a growing presence in Latin America and Africa.
Pierre Omidyar
eBay Inc.

Buddhist

Though he is no longer CEO of the online auction site he founded in 1995, Pierre
Omidyar, 47, remains chairman of the company and a prominent public figure in the areas
of innovation, technology, and media.

A follower of the Dalai Lama, the exiled Tibetan Buddhist leader, Omidyar has
contributed generously to support that leader’s message and travels, both with his wife
Pamela and through his foundation, Omidyar Network. He donated funds to support a
think tank, the Dalai Lama Center for Ethics and Transformative Values , at MIT, and he
hosted the Dalai Lama during a 2012 visit to Hawaii, where Omidyar lives.

Born in Paris to Iranian parents, Omidyar’s family moved to Washington D.C. when he
was a boy. Later, he became a naturalized U.S. citizen. His mother Elahé Mir -Djalali,
who raised Omidyar after his parents separated, is a linguist who specializes in the
meaning of culture. Mir-Djalali is also the chair and president of the Roshan Cultural
Heritage Institute, which is based in Honolulu and dedicated to preserving Persian
cultural heritage. Omidyar is listed as that organizations’ director.

Though Omidyar is currently funding an aggressive media network determined to expose


government secrets, he is known as having a gentle, mindful presence. “Peace is an active
state of being—it is not passive,” he said in a statement announcing the Dalai Lama’s
Hawaiian visit in 2012. And his philosophical outlook has also informed his business
decisions and instincts. “Everything I’ve done is rooted in the notion that every human
being is born equally capable,” he told Inc. magazine in 2013, “What people lack is equal
opportunity. My goal has been to expand opportunity to as many people as possible so
they can reach their potential.”
The No. 1 business rule of a Buddhist
billionaire: Make workers happy
If this 83-year-old billionaire is right, one of the most important lessons of business
school is pretty much wrong.

All that stuff about focusing on shareholders? Forget it, says Kazuo Inamori,
entrepreneur, management guru and Buddhist priest. Spend your time making staff
happy instead.

Kazuo Inamori, founder and chairman emeritus of Kyocera Corp


Inamori has used this philosophy to establish electronics giant Kyocera Corp more
than five decades ago, create the $90 billion phone carrier now known as KDDI Corp,
and rescue Japan Airlines from its 2010 bankruptcy.

From Kyocera's headquarters overlooking the hills and temples of the ancient capital
of Kyoto, Inamori expresses doubts about western capitalist ways.
"If you want eggs, take care of the hen," Inamori says. "If you bully or kill the hen, it's
not going to work."

It's a view that carries weight because of Inamori's success. KDDI and Kyocera have a
combined market value of about $115 billion. When Inamori was named chief
executive of Japan Airlines in 2010, he was 77 and had no experience in the industry.
The next year, he returned the carrier to profit and led it out of bankruptcy. In 2012 he
relisted it on the Tokyo stock exchange.

#1 – Li Ka Shing

“The secret of management is simply identifying and making use of talent. – Li


Ka Shing
Li Ka Shing is Hong Kong’s richest business tycoon. As of 22 Aug 2016, his total
network is S31.9 billion. A self-made billionaire and a high school drop-out, he was an
epitome of rags-to-riches legend. Aged 88 as of 2016, he is currently the Chairman of
CK Hutchison Holdings.
Li is also a great philanthropist. He donated billions of dollars to build a Buddhist temple
in Hong Kong – Tsz Shan Temple. Li Ka Shing Library, the library in Singapore
Management University, is named after him because of the generous endowment
from Li Ka Shing Foundation.

#2 – Jack Ma Yun

“The very important thing you should have is patience.” – Jack Ma


Jack Ma is the founder and executive chairman of e-commence firm Alibaba Group in
China. As of Aug 2016, his total network is $27.4 billion. A self-made billionaire, he
began his career as an English lecturer in Hangzhou Dianzi University after his
obtaining his B.A Degree in English.
In September 2014, Alibaba Group became one of the most valuable tech companies
after successfully raising $25 billion in an initial public offering (IPO) on the New York
Stock Exchange. The amount $25 billion is the largest initial public offering in US
financial history.
Jack Ma is a practitioner of Chen Style Tai Chi Chuan. Tai Chi classes are offered at
Alibaba and attendance by employees are mandatory. He hopes that one day people
will remember him as a Tai Chi master, rather than just a business magnate.

#3 – Robert Kuok
“Every business has its own risk. You need to be brave enough to grab the
opportunities.” – Robert Kuok
Robert Kuok is Malaysia’s richest person with a total net worth of $11.3 billion as of
August 2016. A self-made billionaire, his sprawling business empires ranges from
Shangri-La hotel chain, Kerry properties, Wilmar palm oil etc.
In the 1970s, his sugar business was so widespread and influential – 80% of the
Malaysian sugar production and 10% of the total world production – that people dubbed
him “Sugar King of Asia.” Now, the majority of his wealth is a stake in palm-oil-giant
Wilmar International, which is run by nephew Kuok Khoon Hong, a Singapore billionaire.
Shy of the media, Kuok embraces the virtue of humility. Recalling his mother’s Buddhist
outlook, he said: “A highly successful man invites many problems and miseries. Why
multiply enemies with a high profile or by boasting about accomplishments?” As the
Chinese proverb goes, “Tall trees attract strong winds.” Humility goes a long way in
ensuring sustainable personal and professional success.

#4 – Ananda Krishnan

“I have heard some people say I have a low profile. Why should somebody be
high profile, anyway? I am just doing my job.” – Ananda Krishnan
Ananda Krishnan is Malaysia’s second richest person with a total net worth of $7.8
billion as of August 2016. He owns a multimedia and telecommunication empires which
include Maxis Communications, ASTRO Malaysia, MEASAT Broadcast Network
Systems, SES World Skies and three communication satellites circumnavigating the
earth.
Born in Kuala Lumpur to Tamil parents who were of Sri Lankan origin, he received B.A.
(Hons) Political Science in the University of Melbourne as a Colombo Plan scholar.
Subsequently, he obtained Master in Business Administration from Harvard Business
School.
Ananda Krishnan has 2 daughters and 1 son. He only son also a Theravada Buddhist
monk known as Ajahn Siripanyo.

#5 – Zhang Yin
“My desire has always been to be the leader in an industry.” – Zhang Yin
Known as the “Queen of Trash” and “Empress of Paper”, Zhang Yin is the Bill Gates of
bulk-recycled paper. She is the founder and director of the family company Nine
Dragons Paper Holdings Limited – a largest paper recycling company in China that
buys scrap paper from the United States, turn them into cardboards to ship exports from
China back to western countries. and imports it into China. As if 2016, Zhang Yin has an
estimated net worth of 3.4 billion and she is the fourth richest woman in China.
Zhang Yin is married with her second husband and has two children.

#6 – Lee Shau Kee

“Find a job that you will be happy with and work hard at.” – Lee Shau Kee
Lee Shau Kee is a Hong Kong-based real estate tycoon and majority owner of
Henderson Land Development, a property conglomerate with interests in properties,
hotels, restaurants and internet services. His total network is US$23.3 billion as of June
2016. He is ranked the second wealthiest in Hong Kong after Li Ka Shing.
He is the founder of Lee Shau Kee Foundation, a non-profit organization that primarily
supports educational and community causes. He also founded the Hong Kong Pei Hua
Education Foundation, which provides training programs to competent personnel in
China. In January 2015, Lee reportedly donated a 6,300-square foot site in Yuen Long,
Hong Kong, to Hong Kong-based non-profit organization Po Leung Kuk for the
construction of a youth hostel. A generous philanthropist, Lee’s lifetime giving exceeds
$100 million.

#7 – Eng Meng Tsai


Tsai Eng-meng is a Taiwanese businessman and philanthropist. As a chairman of the
snack food company Want Want China. With a total network of US $5.6 billion, he is
currently the richest person in Taiwan.
As a notable philanthropist, Tsai gives primarily to disaster relief and health-related
causes. His lifetime giving exceeds $1.4 million. Tsai is the Founding Chairman of Tsai
Eng Meng Charitable Foundation, which primarily supports social causes involving
poverty and geriatric care; and Director of Shi Zhao Social Welfare Foundation, which
primarily supports disaster relief and social welfare. He is also Founder of Want Taiwan
Cross-Strait Mutual Trust Foundation and Want Want Cultural Foundation.

#8 – Dhanin Chearavanont

With 8.9 billion as of 2016, Dhanin Chearavanont is the second richest businessman in
Thailand. Dhanin and his three brothers (Jaran, Montri and Sumet) collectively own
the Charoen Pokhphand Group (C.P. Group). The C.P. Group is one of Asia’s largest
conglomerates and operates in agriculture, telecommunications, marketing, distribution
and logistics, international trading, petrochemicals, property and land development, crop
integration, insurance, automotive, and pet foods.
Dhanin is also a remarkable philanthropist. Over the last 15 years has contributed more
than $500,000 a year to various education, child welfare (orphanages) and Buddhist
causes by restoring Buddhist temples in Thailand.

#9 – Charoen Sirivadhanabhakdi
With a net worth of 14.6 billion as of 2016, the liquor tycoon Charoen
Sirivadhanabhakdi is the richest self-made business magnante and investor in Thailand.
He is chairman of Thai Beverage, maker of Chang beer, as well as Fraser and Neave,
Ltd (F&N).He owns the Pantip Plaza mall in Bangkok, Hotel Plaza Athénée in New
York, hotels in Asia, the US, and Australia, plus residential, commercial and retail
buildings in Singapore and Thailand.
As a philanthropist, he supports medical, educational and religious causes. He
established the Sirivadhanabhakdi Foundation, of which his wife, Wanna, is Vice
Chairman. The husband-and-wife team gave more than $500,000 in medical supplies
and machinery to hospitals in Thailand. The Sirivadhanabhakdi Foundation started a $3
million scholarship fund for young entrepreneur. In 2007, the foundation funded the
restoration of the mural paintings of Wat Pho, a Buddhist temple organization in
Bangkok.

#10 – Wang Jianlin

“I am not a person who pursues luxury. I am not like those people who, once they
have money, compulsively squander it or show it off.” – Wang Jianlin
With a net worth of US$33.3 billion (as of August 2016), Wang Jianlin is the wealthiest
person in China. He is the founder and chairman of Dalian Wanda Group, China’s
largest real estate developer, as well as the world’s largest movie theater operator.He
owns 20% of the Spanish football club Atlético Madrid.
In 2010, Wang Jianlin donated a billion yuan (US$156 million) to the city of Nanjing for
the reconstruction of Porcelain Tower of Nanjing or Temple of Gratitude on the south
bank of Qinhuai River in Nanjing. It was the largest single personal donation ever made
in China.
Indra Nooyi
PepsiCo

Hindu

Born in southern India, Nooyi is among a small group of minority women who head
Fortune 500 companies, and an even smaller group of foreign -born female CEOs. The
head of the Purchase, New York-based PepsiCo is also a devout Hindu who abstains from
alcohol and is a vegetarian because of her adherence to the religion’s teachings and
traditions.

In a 1998 interview with Hinduism Today magazine, when she was Senior Vice President
for Corporate Strategy and Development (she became President and CEO in 2006), she
said she keeps a statue of the Hindu deity Ganesha, the God of Auspicious Beginnings
typically depicted as an elephant with one broken tusk, in her office.

She also said she has taken to heart her mother’s deep and committed spiritual life. “Our
house had a very large temple room, and my mother used to pray three or four hours
every morning,” she told the magazine, “So the house was a deeply religious house , and
every occasion of life and death was observed with great care and exacting standards.”

Nooyi, 59, is famously candid about the difficulties women face balancing family,
children, and careers, saying in a July 2014 speech at the Aspen Ideas Festival that
women “pretend we can have it all.” But in the Hinduism Today interview, the mother of
two daughters cited her Hindu faith as a source of solace from the storms of guilt and
stress.

“There are times when the stress is so incredible between office and home, trying to be a
wife, mother, daughter-in-law and corporate executive,” she said, “Then you close your
eyes and think about a temple like Tirupati, and suddenly you feel ‘Hey–I can take on the
world.’ Hinduism floats around you, and makes you feel somehow invincible.”
Sun Pharmaceutical

Industry: Health Care

Country: India

Market Cap: $36 billion

Family: Shanghvi

Comment: According to Forbes, Dilip Shanghvi founded Sun


Pharmaceutical in 1983after borrowing the equivalent of $160 from
his father. Today it is the biggest drug company in India, making
Shanghvi — still the firm's largest shareholder — India's second richest
man.

Reliance Industries

Industry: Energy

Country: India

Market Cap: $45 billion

Family: Ambani

Comment: The Ambani's areIndia's richest family. Mukesh Ambani


is Chairman and CEO of the holding company founded by his father
Dhirubhai. Mukesh's wife Nita also sits on the board, while son Akash
and daughter Isha are on the boards of the company's retail and
telecom units.
Tata Consultancy Services

Industry: Information Technology

Country: India

Market Cap: $80 billion

Family: Tata

Comment: Like most other Tata Group subsidiaries, Tata Consultancy


Services is controlled by promoter and major shareholder Tata
Sons. According to Tata Sons' website, about 66 percent of the holding
company's shares are held by philanthropic trusts controlled by the
Tata family. The company traces its roots to 1868, when it was
founded by industrialist Jamsetji Tata.

BOMBAY DYEING COMPANY: New knots in business

Year of Inception 1879 Headquarters Mumbai Promoters Public shareholders and Nusli Wadia Family

Bombay Dyeing Company turned to textile only after it started suffering huge losses in its dyeing business in the early
1900s. This was around the time when Indian cloth merchants stopped importing cloth from Chinese manufacturers.

"It can therefore be surmised, Bombay Dyeing flourished along with the domestic textile industry in Bombay," says
corporate historian Raman Mahadevan.

The company has managed to stay afloat over 100 years, despite competition, cut-throat price wars and emergence
of low-cost upcountry manufacturing centres across the country.

"The company’s ability to innovate and modernise continuously has helped it survive long," Raman Mahadevan adds.

However, Bombay Dyeing has not been a great performer – in terms of corporate earnings – over the past few years.
The company’s profit margins have shrunk significantly since 2013–14. In the last financial year, Bombay Dyeing
suffered a loss of Rs 85.24 crore. The company management blames economic sluggishness as one of the reasons
for the poor show.

Bombay Dyeing’s real estate vertical – Bombay Realty – has had problems securing clearances for its residential
projects. The textile division is facing headwinds from cheaper substitutes manufactured by the unorganised sector.
Bombay Dyeing’s polyester division was dogged by falling crude prices and the resultant drop in polyester prices.
In the near future, the company intends to outsource textile manufacturing to reduce cost. Strengthening of the
'Bombay Dyeing' brand is also on the cards.

SHALIMAR PAINTSNSE -0.67 %: Coming soon, a fresh coat

Year of Inception 1902 Headquarters Gurgaon Promoters Public shareholders and Jindal family

Shalimar is billed as the oldest paint company in South Asia. A clutch of government agencies such as Central Public
Works Department, NTPC, Indian Railways, BPCL and IOC feature in its long list of loyal clients.

"We have several institutional clients who have stayed with us for more than three generations," says Surender
Bhatia, CEO of Shalimar Paints. "A robust product range and a strong network of dealers and customers have helped
us perform well all these years," he adds.

The company has made rapid strides in the recent past, moving from ubiquitous distempers to emulsion paints,
water-based colours, weatherproof paints and new-age decorative colours. Today Shalimar boasts of giving 55,000
colour options to its clients. The company recorded profit of Rs 5.2 crore on a sales turnover of Rs 403 crore last
fiscal.

"Consumer taste changes every 4–5 years. We try to keep pace with changing tastes. The company is also getting
re-branded as we speak. The idea is to make Shalimar a modern company," says Bhatia.

ALEMBIC PHARMACEUTICALSNSE -0.32 %: Sweet pill to swallow

Year of Inception 1907 HQ Vadodara Promoters Publicly shareholders and Chirayu Amin family

Alembic's factory, in the mid-1930s, was so technologically advanced that it manufactured its own internal
combustion engine running on 'power alcohol' – a product that mixed alcohol with petrol in a 4:1 ratio to increase
engine performance and efficiency, while reducing pollution at the same time.

Later, in the 1940s, when public sentiment turned against alcohol in Gujarat, Alembic moved on to making cough
syrups, vitamins, tonics and antibiotic drugs.

"We've faced challenges every decade, but strong fundamentals have helped us sail through. We've never taken
short-cuts in business," says Pranav Amin, managing director of Alembic.

"Our strong point is that we respect technology a lot. We never ever backed out of investing in technology," Amin
added.

Alembic Pharmaceuticals reported profits of Rs 698 crore last fiscal. The company's international generics vertical
reported 75 per cent Y-o-Y growth, driven by strong traction in the US.

The US generic business is likely to drive international business over the next two years on the back of 13-14 product
launches, according to an HDFC Securities stock report.

"The world has become a very dynamic place. Companies have to be nimble-footed. We have to keep re-inventing
every day," Amin sums up.
PARRY & CO (NOW EID-PARRY LTD): Sweet business

Year of Inception 1839 Headquarters Chennai Promoters Public shareholders and Murugappa Group

Like all free traders, the lure of commodities brought Thomas Parry, an English trader, to India. Parry & Co started off
as a general trading company dealing in sugar and spirits.

"By the late 19th century, the company had emerged as one of the largest traders of sugar with a firm grip over South
Indian market. Parry & Co was so strong then that it floated two separate companies — East India Distilleries and
Sugar Factories Ltd," says business historian Raman Mahadevan.

In 1962, Parry & Co merged the two companies to become EID Parry. The Murugappa group acquired control over
EID Parry in 1981.

EID Parry reported profits of Rs 25.34 crore in the first quarter of this fiscal compared with the corresponding quarter
loss of Rs 138 crore in the previous year. The standalone sugar business of the company logged a PBIT (profit
before interest and tax) of Rs 56 crore. The bio-products division (comprising pesticides and nutraceuticals)
registered a PBIT of Rs 4 crore.

"The company's performance was satisfactory, largely due to better price realisation on sugar. Going by the current
trend in prices, the sugar scenario for the year remains positive," stated EID Parry managing director V Ramesh in a
post-results media release.

EID Parry, along with its units, has nine sugar factories having a capacity to crush 39,000 tonnes of cane a day,
generate 160 MW of power and four distilleries having a capacity 230 kilolitres a day.

Joint Hindu Family Business


The Joint Hindu Family Business or the Hindu Undivided Family (HUF) is a unique form of
business organisation found only in India. Nowhere else in the world is this a legal form of business
entity. Let us learn about this form of organisation and its unique features.

Hindu Undivided Family (HUF)

The Joint Hindu Family Business or the Hindu Undivided Family (HUF) is a unique type of
business entity. It is governed and dictated by the Hindu Law, which is one of the several religious
laws prevalent in India.

So who all are members of such an organization? Well, any person born into the family (boy or girl)
up to the next coming three generations is a part of the HUF. These members are the co-parceners.
The head of such a Joint Family Business is the eldest member of the family, the “Karta”. He is the
main person responsible for the business and the finances.

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