Bloomberg
50
The people and ideas that defined global business in 2021
Dec. 1, 2021
This issue marks the fifth year of the Bloomberg 50, our annual look at those in business, entertainment, finance, politics, and science and technology whose accomplishments deserve recognition. Did we put the Popeyes Chicken Sandwich on the list in 2019? Yes, and we stand by it. Our 2021 version is less tasty, perhaps, but no less culturally significant: Behold, the meme stock.
In terms of actual humans, we talked to Karen Lynch, president and CEO of CVS Health Corp., about the vaccine rollout, and to David Baszucki, co-founder and CEO of Roblox Corp., about why kids are so obsessed with the gaming platform. Other honorees include Capitol Police Officer Eugene Goodman, for his heroism on Jan. 6; Lina Khan, the youngest chair of the Federal Trade Commission; and Olivia Rodrigo, for Sour, her smash-hit, angst-ridden breakup album. (Full disclosure: She declined to be interviewed, a rejection we won’t soon get over.)
Look at the bottom of the page for alums of our list whose 2021 efforts merited a nod, as well as those who might appear on next year’s Bloomberg 50.
The Usual Suspects
There are always some “no duh” people who are too obvious to put on the Bloomberg 50. So we give them their own list.
Let’s Hear It for Some Alums
We don’t include people on the Bloomberg 50 more than once, but we still applaud these past honorees who made notable contributions in 2021. —Adam Blenford, with Jackie Davalos, Tina Davis, Janice Kew, Olga Kharif, Annie Massa, Naomi Nix, and Sarah Rappaport
Ones to Watch
These people are deciding the future of crypto, comedy, cuisine, and more. —Rebecca Penty, with Bret Begun, Ira Boudway, Sarah Holder, Kate Krader, Yoolim Lee, Jeannette Neumann, Kristin Powers, Angelina Rascouet, Ragini Saxena, Karen Toulon, and Ashlee Vance
Elsa Majimbo, comedian, author
The 20-year-old shot to fame during Covid-19 lockdowns with monologues featuring tiny sunglasses and crunchy snacks as props. Majimbo has collaborated on a book with Valentino, did a campaign with Fenty, and is represented by Creative Artists Agency.
Andy Hunter, founder and CEO, Bookshop.org
Hunter was already an industrious creative force behind a handful of independent book publishers and literary websites when he developed Bookshop.org, a platform that helps small bookshops build online storefronts to compete with Amazon.com Inc. The site has raised $19 million for local bookstores in Spain, the U.K., and the U.S. since its January 2020 introduction.
Jefferson Chen, chairman, CEO, and co-founder, Advance Intelligence Group
The former hedge fund manager has incubated several startups in financial services and retail since co-founding his Singapore-based company in 2016. In September, Advance topped $2 billion in valuation after raising more than $400 million from investors led by Warburg Pincus and Softbank.
Kyla Scanlon, fin-fluencer
The 24-year-old breaks down complex topics such as lumber shortages and decentralized finance, or DeFi, into easily digestible tweets and TikToks. Scanlon, who’s building a financial education company, has more than 100,000 TikTok followers.
Avani Singh, CEO, SpiceHealth
At just 25, Singh is the pioneer of cheap Covid testing in India. In November 2020 her company introduced real-time polymerase chain reaction, or PCR, tests priced at 499 rupees ($6.71)—one-fifth the going rate in New Delhi. She plans to serve more-remote areas of India with inexpensive tests at mobile labs.
India Walton, nurse, political activist
Upon defeating Buffalo’s four-term mayor in the city’s Democratic primary last June, Walton appeared poised to become the first democratic socialist big-city mayor of the 21st century. With 40.9% of the vote, she lost in the general election to the incumbent after he mounted a write-in campaign. But her unexpected ascent has whetted the appetite of working-class voters for candidates who commit to radical economic change.
Nensi Dojaka, fashion designer
The Albanian-born Dojaka was lauded for her “sensual and tailored” styles when she won this year’s young fashion designers award from luxury conglomerate LVMH. Her pieces, which borrow looks from lingerie, have caught the attention of celebrities including Dua Lipa and Bella Hadid.
Roni Mazumdar + Chintan Pandya, co-founders, Unapologetic Foods
The duo opened the dynamic street food spot Dhamaka in early 2021, making Indian the most raved-about cuisine in New York City. Now they’re expanding with two fast-casual spots, as well as a restaurant and market featuring the food of Kolkata.
Claire Banse + Michelle Guterman, co-editors, the Drunken Canal
Their print newspaper, which recently published its 10th issue, is “downtown New York’s paper of record for gossip, personal ads, and scene reports,” according to Vogue. The magazine is one of a handful of mainstream media outlets to cover the recent college grads as they carve out a space away from the glare of social media.
Frank Reig + Paul Suhey, co-founders, Revel
Revel started a scooter-sharing program in New York City in 2018. In 2021 it added a fleet of 50 ride-hailing Teslas, available for booking on its app, and a Brooklyn hub of 25 electric vehicle fast chargers—the country’s largest that’s open to all EVs.
Decker Eveleth, senior, Reed College, Portland, Ore.
Eveleth scours satellite imagery in search of weapon stockpiles. In June he spotted 120 inflatable structures in a desert in northern China. He knew, from previous research, that this discovery suggested the sites had been excavated for ballistic missile silos then covered with the domes. The U.S. Department of State called the news “concerning.” Chinese state media said the site was a wind farm under construction.
(Corrects the surname of Roni Mazumdar in Ones to Watch. An earlier version was updated with news of Square changing its corporate name to Block and Elsa Majimbo’s collaborations in Ones to Watch.)