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Friday, December 16, 2016

Who is the most powerful South African CEO in the world?

Forbes releases its annual list of the most powerful and most influential people in the world, about a third of whom are CEOs

The most powerful South African in the world is … Elon Musk.

The Tesla Motors and Space Exploration Technologies boss‚ from Pretoria‚ came 21st on Forbes’s annual list of the planet’s most powerful on Thursday‚ and is the sixth most influential chief executive.

The power parade‚ which features 74 people‚ is topped by Russia’s President Vladimir Putin. Next are US president-elect Donald Trump‚ German chancellor Angela Merkel‚ Chinese leader Xi Jinping and Pope Francis.

Twenty-eight people on the list are CEOs‚ and the top 10 – all based in the US – run firms with a combined market capitalisation of $3-trillion.
Musk‚ with a net worth of R11.5bn‚ makes electric cars and solar products through Tesla, and spacecraft with SpaceX.
The South African was one of the tech industry magnates who met Trump on Wednesday‚ in a bid to mend fences with a largely pro-Hillary Clinton industry and promote job creation and trade.

The top 10 CEOs:
Larry Page – Alphabet
Mark Zuckerberg – Facebook
Jeff Bezos – Amazon
Warren Buffett – Berkshire Hathaway
Jamie Dimon – JPMorgan Chase
Elon Musk – Tesla and SpaceX
Jeffrey Immelt – General Electric
Rex Tillerson – ExxonMobil
Lloyd Blankfein – Goldman Sachs Group
Doug McMillon – Wal-Mart Stores

TMG Digital/Dave Chambers

 

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