The movers and shakers of the technology world have familiar names.
We see powerful tech CEOs in reports across every continent and island of the world. However, it is pretty safe to assume that most people have no clue about these individuals other than their names and the fact that they run some of the most influential companies in the world. Statista estimates that, currently, the global tech market is worth approximately $3.3 trillion. Who are the people who are crucial to the continued success of this market?
1. Jeff Bezos
Career Background: Jeff Bezos, one of the world’s most powerful CEOs, is best known for being the owner of Amazon, the Internet’s largest e-commerce giant. He was born in 1964, in New Mexico and attended Princeton University. He worked at Wall Street with investment firm D.E. Shaw, rising to become one of the company’s youngest senior vice presidents. He quit this job to start Amazon as an online book store. In 2013, Bezos bought the Washington Post for $250 million.
Net Worth: The Evening Standard estimates Bezos net worth to be around $150 billion.
How He Got Where He Is Today: Bezos started Amazon with a hope and dream, and according to Business Insider, had most of his early meetings in a neighborhood Barnes & Noble. Amazon managed to survive the dot.com bubble collapse and went on to become the company that everyone knows today.
2. Larry Page
Career Background: Larry Page is the co-founder of internet search giant Google. Born in 1973 in Michigan, Page studied computer engineering at Stanford University. It was here that Page met his partner Sergey Brin, who together developed and built the first iteration of the Google search engine. From these humble beginnings in 1998, Google is now ranked as the number one search engine worldwide.
Net Worth: According to Bloomberg, Page, one of the world’s most powerful CEOs, is worth around $55.7 billion.
How He Got Where He Is Today: Famous Entrepreneurs notes that Page and his partner Brin started Google from their Ph.D. dissertation theme, intending to link pages by order of importance based on their backlinks. The result was the earliest iteration of the PageRank algorithm, which is what Google’s search system derives from. The company’s first IPO happened in 2004 and raised Page to the status of multi-billionaire at the tender age of 27. Through consistent improvement and innovation on their search tactics, Google has become a household name.
3. Mark Zuckerberg
Career Background: Mark Zuckerberg is another of the world’s most powerful CEOs, who came up with the idea of the world’s first social media network, Facebook. Born in 1984 in New York, Zuckerberg attended Harvard University but dropped out to pursue work on the social media site. The site was initially designed to host Harvard students only, as an online resource, but eventually, the website became the social media giant it is today.
Net Worth: The Sun estimates Zuckerberg to be worth as much as $62.5 billion.
How He Got Where He Is Today: Zuckerberg is an innovator that invented the idea of online social media interface. All other companies that came after him took the idea and implemented it in different ways, but the core concept remained the same. The Street mentions that Zuckerberg amassed $1 million by the time he was 22, but the vast majority of his wealth only happened after the company’s IPO.
4. Warren Buffett
Career Background: Warren Buffett is known to his admirers as “The Oracle of Omaha.” Born in 1930 in Nebraska, the investment guru demonstrated a keen eye for business even at a young age. In 1965, he took control of the company Berkshire Hathaway, which has interests in the food and beverage industry as well as media and insurance, making him one of the most powerful CEOs in the world.
Net Worth: According to The Motley Fool, Buffett’s net worth is estimated at $85.2 billion.
How He Got Where He Is Today: Buffett is well known as an investor with unique insights into the growth of businesses. How he got there is partially because of his intellectual understanding of the market and partly because of his unique view on the value inherent to a company. Investopedia said that Benjamin Graham’s philosophy of intelligent investing was the cornerstone of Buffett’s long-term success.
5. Jamie Dimon
Career Background: James Dimon is another of the world’s most powerful CEOs as the head of JP Morgan Chase. Born in 1956 in New York, Dimon attended Harvard Business School and interned under Sandy Weill at American Express. Together, Dimon and Weill left American Express to open Commercial Credit as a sub-prime lending facility. Eventually, Weill and Dimon parted ways, and he took the job as CEO of Bank One, which he ultimately convinced JP Morgan Chase to acquire in 2004. He became the CEO of JP Morgan Chase in 2005.
Net Worth: Worthly estimates Jamie Dimon to be worth around $1.1 billion.
How He Got Where He Is Today: Being born into the world of finance had a big part to play in Dimon’s choice of careers. Reference for Business notes that the mentorship that he had under Sandy Weill set the stage to help him grasp the ideas behind business more firmly. Combined with a penchant for smart deals and an ability to convince people of what he thinks to be accurate, Dimon has scaled the heights of the banking business using his wits and his charm to get to the top.
The Most Powerful People in the World
Banking, finance, and tech make up the lion’s share of what shapes the world today, and these entrepreneurs are the preternatural representations of each of those fields. They have shown that innovation rewards to those that follow up on it. The advice these people offer is worth its weight in gold. They form the mentors for thousands of people who they have never and probably will never meet. However, their will to excel sets them apart from others, and their drive to succeed is what makes them the most powerful CEOs in the world today.