Ambani sole Indian among Fortune's 100 Most Powerful People in Business

Ambani sole Indian among Fortune's 100 Most Powerful People in Business | Check top 20

2 min read | Updated on November 14, 2024, 17:11 IST

SUMMARY

Fortune has released the inaugural edition of its 100 Most Powerful People in Business list with individuals from 40 different sectors having enormous influence in their respective industries and on the overall business landscape. Tesla’s Elon Musk tops the list with many big names including Warren Buffett, Sam Altman and India’s Mukesh Ambani finding a spot.

The people who earn a spot on this list are active players whose actions immensely impact their industries

The chief executive officer (CEO) of Tesla and SpaceX Elon Musk, who recently saw a major surge in his net worth after Trump’s victory in the US elections, has grabbed the top spot in Fortune’s inaugural 100 Most Powerful People in Business for 2024. Musk has been appointed as a co-lead in a newly introduced Department of Government Efficiency under the incoming Trump administration.

The list has many significant names like Apple’s Tim Cook, Google’s Sunder Pichai, Starbucks’ Brian Niccol, Citigroup’s Jane Fraser, Genera Motors’ Mary Barra as well as Reliance’s Mukesh Ambani. Ambani, who is in the 12th position after Jeff Bezos, is also the only Indian to have a spot on the list. However, the list also includes many Indian-origin individuals including Adobe’s Shantanu Narayan and YouTube’s Neal Mohan.

Top 20 individuals on the list

Elon Musk, CEO of Tesla and SpaceX
Jensen Huang, CEO of NVIDIA
Satya Nadella, CEO of Microsoft
Warren Buffett, Chairman and CEO of Berkshire Hathaway
Jamie Dimon, Chairman and CEO of JPMorgan Chase
Tim Cook, CEO of Apple
Mark Zuckerberg, CEO of Meta
Sam Altman, CEO of OpenAI
Mary Barra, Chairwoman and CEO of General Motors
Sundar Pichai, CEO of Alphabet (Google's parent company)
Jeff Bezos, Founder and Executive Chairman of Amazon
Mukesh Ambani, Chairman and largest shareholder of Reliance Industries
Brian Moynihan, Chairman and CEO of Bank of America
Ren Zhengfei, Founder and CEO of Huawei
Jane Fraser, CEO of Citigroup
Reid Hoffman, Co-founder of LinkedIn and Partner at Greylock Partners
Bernard Arnault, Chairman and CEO of LVMH
Doug McMillon, President and CEO of Walmart
Wang Chuanfu, Chairman and CEO of BYD
David Solomon, Chairman and CEO of Goldman Sachs

Fortune’s methodology

Fortune's Most Powerful People list is not determined by a simple metric like revenue or seniority, but the selection process actually follows a more nuanced understanding of power. According to Fortune, the list incorporates influence, innovation and disruption.

The final list includes a diverse range of individuals spanning 40 different sectors and features leaders from varying age groups, from individuals in their 30s to 90s. The people who earn a spot on this list are active players whose actions immensely impact their industries and leave a lasting mark on the societal landscape.

About The Author

Vani Dua is a journalism graduate from LSR College, Delhi. She is passionate about news and presently covers markets, business, economy, and other related fields. She is an avid reader and loves to spend her time weaving stories in her head.

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Ambani sole Indian among Fortune's 100 Most Powerful People in Business | Check top 20

Top 20 individuals on the list

Fortune’s methodology

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