Elon Musk Ranked as World's 1st Most Powerful Person by Fortune
New York, Nov. 14, 2024 - In the inaugural list of the Fortune 100 Most Powerful People in Business, Elon Musk, CEO and founder of Tesla and SpaceX, has taken the top spot, followed closely by Jensen Huang of NVIDIA, Satya Nadella of Microsoft, Warren Buffett of Berkshire Hathaway, and Jamie Dimon of JPMorgan Chase.
This prestigious ranking is compiled by Fortune magazine, which spans 70 companies in the U.S., 15 in Asia, 14 in Europe, and one in the Middle East. The list includes a total of 100 influential leaders from diverse industries who shape the global business landscape.
The Fortune MPP 100 features notable industry titans, including Tesla's CEO Elon Musk, known for his visionary leadership, engineering prowess, and vision for a sustainable future.
The top 10 most powerful people in business include:
- Elon Musk , CEO and Founder, Tesla and SpaceX
- Jensen Huang, CEO and Founder, Nvidia
- Satya Nadella , CEO and Chairman, Microsoft
- Warren Buffett, CEO and Chairman, Berkshire Hathaway
- Jamie Dimon, CEO and Chairman, JPMorgan Chase
These companies include 70 U.S.-based giants, 15 from the Asian regions, 14 in Europe, and one from the Middle East.
Fortune's list is built on a proprietary methodology developed by its experts to identify individuals with significant power and influence. The criteria used for this ranking include business size and health as well as individual leaders' inventiveness, influence, and impact.
According to Fortune's Editorial Director, Lee Clifford, defining power is a complex task that goes beyond revenue or seniority.
"The leaders on our list share one defining trait: their actions and words influence what others think and do," he added.
This ranking by Fortune captures the breadth of influence in business across various industries and globally.
About this report, Jennifer Shontell, Fortune Editor-in-Chief and Chief Content Officer stated that "The Fortune 100 Most Powerful People list is the authoritative ranking of corporate power as it exists today."
It provides global insights into industry giants and disruptors who are reshaping entire sectors with their massive impact on corporations.
Click here to view the complete Fortune MPP 100 list.