"Over the next 10 to 20 years, a big phenomenon in the world will be Chinese and Indian companies, once they have scale in their own markets, expanding oversees, " he said.
Another option is to scale back his ambitions, going for the less grand but still worthy goal of expanding health cover to the many tens of millions without it.
He then began expanding a business that bought concert venues and music-promotion companies, betting that greater scale would give him more clout in booking pop and rock musicians.