Who can be included in the ranking of the best businessmen of 2016? To answer this question, Fortune Business Magazine (publishes Time Inc) ranks well-known companies for 12- and 36-month increases in profits, stock prices, return on equity, and debt. Intangible assets were also taken into account: does the CEO influence the world business, does he take bold and far-sighted steps?
We present you the top 10 most prosperous and influential businessmen of the past year according to Fortune.
10. Jack Ma
Position: Executive Chairman of Alibaba Group.
This is the only businessman from mainland China whose photo was placed on the cover of Forbes magazine. Alibaba, founded by him, is currently one of the world's leading e-commerce web portals. One of the structures of Alibaba is the most popular online store Aliexpress in Russia.
9. Rodney Sachs
Position: CEO of Monster Beverage.
Energy drinks remain at their peak and Rodney Sachs is booming. In 1992, he and Hilton Schlossberg acquired Hansen’s Natural, a highly respected but tough time business, for $ 14.6 million. Ten years later, they and their colleague Mark Hall introduced a completely different drink: a competitor to Red Bull called Monster Energy. Monster Beverage earned a record $ 546 million in profit last year.
8. Cheng Wei
Position: CEO Didi Chuxing.
When the Uber taxi service appeared in China several years ago, it seemed that it would dominate the Asian market, like in the USA. But then Uber ran into Cheng Wei, who combined his smaller alternative with a similarly sized local rival. This is how Didi Chuxing came into being, which started a costly war of attrition with Uber. Didi Chuxing taxis appeared in 400 cities in China, while Uber was in only a few dozen. Uber admitted defeat this summer by selling Didi Chuxing in China.
7. Ren-Sun Huang
Position: CEO of Nvidia.
Nvidia has relied on two fashionable technologies: artificial intelligence and virtual reality. As virtual reality slowly turns from expensive entertainment into something mundane, a large number of consumers may need computers with high-performance graphics processors and VR headsets. The fact that Juan put on the “right horses” is confirmed by the fact that over the past year, Nvidia shares have more than doubled in price.
6. Brad Smith
Position: CEO of Intuit.
Intuit sold its original Quicken product (personal finance software) this year. Financial terms of the transaction were not disclosed. Last summer, Brad Smith explained that Quicken, which unlike QuickBooks and TurboTax lacked cloud services or subscription offers, was essentially a dead end for the company.
Intuit is now betting on QuickBooks, cloud-based accounting software.
5. Satya Nadella
Position: Microsoft CEO.
The ranking of the most successful businessmen could not do without a Microsoft representative. He became CEO in 2014 and, according to Steve Ballmer, is a great leader. Led by Nadella, the corporation has invested billions of dollars in building data centers around the world to support cloud products. And this allowed us to direct the business from permanent licenses, where revenue is a one-time deal, to subscriptions, where revenue is regular.
4. Larry Page
Position: CEO Alphabet.
Alphabet is the parent company of Google and several others:
- Nest: engaged in the improvement of living space;
- Google Fiber: implements broadband network access via fiber optic;
- Verily: studies life sciences.
In 2015, these companies collectively received revenue of $ 448 million.
3. Mary Dillon
Position: CEO of Ulta.
The only lady in the ten most successful business people of 2016. She took over as CEO in mid-2013, and managed to double the company's sales. Ulta is now the largest cosmetics retailer in the United States.
2. Jeff Bezos
Position: Amazon CEO
Over the past 12 months, the largest online retailer has earned $ 2.1 billion in revenue, thanks in large part to its growing cloud business. At the same time, Amazon has successfully developed the home automation market by launching its Amazon Echo smart speaker. And its line of low-cost Fire tablets is well-deserved for its quality, lightness and good screens.
1. Mark Zuckerberg
Position: CEO of Facebook.
The most successful entrepreneur and the best businessman of the year, known even to those who have never used the “personal book”. Facebook costs $ 350 billion, and the audience of this social network is almost 1.8 billion people. And all 12 years on Facebook’s path to greatness, Zuckerberg remained the CEO. Thanks to bold acquisitions and far-sighted steps, he saved his brainchild from “drowning” by competitors such as Google, Twitter, Snapchat, etc.