5 Billionaires Set To Innovate their Industries in 2017
Chip Wilson is a Canadian businessman and philanthropist who has founded several retail apparel companies, most notably yoga-inspired athletic apparel company Lululemon Athletica Inc.
Aside from launching one of the top fashion brands, he is widely credited with creating Athleisure the current trend where clothing is designed for workouts and other athletic activities is worn in other settings, such as during work, casual or social occasions. It is massively catching on and is rapidly shifting the entire apparel market.
Chip Willson is not just a pioneer in fashion, but owns a conglomerate of several different companies. He manages them through a holding company. Several major announcements are expected about the direction of his companies this year.
Facebook CEO Mark Zuckerberg has built his own artificial intelligence to Amazon’s Alexa, and it is running his own home. There are several companies working on digital assistant but Mark Zuckerberg has the resources to push them to the next level.
Due to this smart home system, dubbed Jarvis, Zuckerberg can speak to his mobile device or computer to manage the lighting, temperature music and home security system, he explained in a blog post.
The system can recognize speech like other smart home devices, but additionally, it uses sophisticated natural language processing which allows it to learn new words and concepts, employ facial recognition as well as more, Zuckerberg wrote. One thing that really sets Jarvis aside from Amazon’s Alexa and Google Home system will be the ability speak with it remotely via text message. Zuckerberg can use the system to dim lights, turn on his home heat and even more, he explains.
Patrick And John Collison:
Stripe cofounder and CEO Patrick Collison has changed the way the world pays for goods and services. His 550-person company lets businesses and individuals easily accept payments over the internet, and now processes billions of dollars in transactions per year in 25 different countries for such customers as Salesforce, Twitter and Lyft. In November 2016 Stripe closed a $150 million funding round that valued the business at $9.2 billion and turned Collison and his brother, John, with whom he founded the business in 2010, into billionaires. It is expected that their market share will increase considerably over the next year.
Travis Cordell Kalanick is the co-founder of the transportation network company Uber. In 2014, he entered the Forbes list of the 400 richest Americans at position 290, with an estimated net worth of $6 billion.
Uber has launched a website for a service called Uber Freight. Little has been revealed about the company’s expansion from ride-hailing, but if the announcements it’s made over the last year are any indicator, chances are good that Uber Freight is meant to prepare the world for autonomous delivery trucks.
Uber acquired a startup called Otto, which planned to bring the first self-driving trucks to market, in August. Since then the company has used its trucks to deliver 50,000 cans of beer and hundreds of Christmas trees in San Francisco.
This new service won’t use those trucks, at least not at the beginning. Instead it will function much like Uber’s existing platform: Some people will sign up to drive items across the country, and others will join so they can send packages without having to sign a contract with established shipping companies.