The Taipan from Yale

Jardines, the model for Noble House, picks its first U.S. boss

In Hong Kong it is known as the princely hong, or trading house, and its leader is the taipan, the big boss. Throughout most of its 156-year history, Jardine Matheson & Co. has been the foremost trader in the colony, and as readers of Novelist James Clavell know, it has been run not so much by a series of executives as by a dynasty of merchant-rulers. Now the succession has taken its strangest turn. Instead of drawing from the small Scottish knot of the founders' families, Jardine Matheson has announced that Brian Powers, 38, a former New York investment banker, will...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!