Tony Fernandes
Tony Fernandes
CEO, AirAsia

Malaysia

Fernandes revolutionized Southeast Asia's airline business by turning the struggling company into a successful budget carrier, with revenue of $1.46 billion last year. As a sign of his optimism, he signed a deal to buy $18.5 billion in aircraft from Airbus, the planemaker's largest contract ever.


By Rupali Arora, contributor @FortuneMagazine - Last updated April 12 2012: 4:23 PM ET
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