15 Most Powerful People in Business
Power shifts like sand in a desert storm. Jensen Huang’s AI chips are now the most coveted by companies developing artificial intelligence, making him the world’s most powerful business leader. But tomorrow? Someone else might hold the keys to the next revolution. Here’s a look at the 15 titans currently shaping global commerce.
Jensen Huang
At 62, the Taiwan-born CEO of Nvidia has built the company from a maker of graphics chips for gamers into perhaps the most important player in the AI boom. Every tech giant wants what he’s selling.
And they can’t get enough of it. Under Huang, Nvidia experienced rapid growth during the AI boom, becoming the first company to reach a market capitalization of $4.0 trillion in July 2025. The smell of success? Probably silicon and coffee, given his legendary 18-hour workdays.
Satya Nadella
Microsoft’s CEO is among those desperately yearning for more of Huang’s chips. Smart move. Nadella says AI now writes up to 30% of the company’s code.
His transformation of Microsoft from a stodgy software company into a cloud computing powerhouse continues to pay dividends. Not just revenue – influence.
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Mark Zuckerberg
Meta Platforms laid off 3,600 employees at the start of the year, and has been putting billions behind efforts to become a dominant player in AI. Bold moves in uncertain times.
After its homegrown Llama large language models missed benchmarks and disappointed many users, Zuckerberg began recruiting some of the world’s top AI researchers away from Apple, Anthropic, OpenAI, and Google. The compensation packages rival CEO paydays. When you’re betting the company’s future on AI, you don’t hold back.
Elon Musk
— Photo by Jean_Nelson
Elon Musk topped last year’s list not only because of his roles at Tesla, SpaceX, xAI and X, but also because of his work in the Trump Administration. That changed. Musk (now No. 4) is scrambling to rehab Tesla after a reputationally bruising experience running DOGE for President Trump.
Musk is also coping with the rise of international electric vehicle rivals that are eating Tesla’s lunch. Still, when you own rockets and brain chips, power has many forms.
Wang Chuanfu
BYD originated in China—whose huge EV market it now dominates—and is building a massive new factory in Hungary to help it sell its relatively cheap cars throughout Europe. Not flashy. Effective.
The Chinese entrepreneur’s battery-to-vehicle empire represents everything Tesla once was: scrappy, focused, hungry. Sometimes the best offense is letting your competitor stumble while you execute flawlessly.
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Jamie Dimon
JPMorgan’s chief comes in among today’s business titans for good reason. When global markets tremble, people listen to what Dimon has to say.
Banking might seem boring compared to AI and electric vehicles. But when credit freezes or currencies crash, suddenly everyone remembers why financial power matters most.
Sam Altman
The OpenAI CEO sparked the current AI revolution. Silicon Valley founders like Zuckerberg and Altman appear high on the ranking, and for good reason.
His creation of ChatGPT didn’t just launch a thousand startups. It forced every Fortune 500 company to rethink its entire business model. That’s the influence money can’t buy.
Sundar Pichai
Alphabet’s CEO is among those desperately yearning for more of Huang’s chips. Google’s search dominance faces its first real threat since the company’s founding.
Pichai’s challenge: maintaining Google’s information monopoly while racing to integrate AI across every product. The stakes couldn’t be higher.
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Ren Zhengfei
Huawei’s leader ranks among the mega-tech CEOs in the top 10 most powerful. Despite US sanctions and global skepticism, his telecommunications empire endures.
Building 5G networks while navigating geopolitical minefields requires a special kind of corporate diplomacy. Ren has mastered both.
Mary Barra
GM chief Mary Barra comes in at No. 10 on the Most Powerful People list. Mary Barra has weathered significant challenges since last year, including the disruption caused by sweeping auto tariffs introduced under former President Trump.
The automotive industry transforms faster than ever. Electric, autonomous, connected – Barra’s steering GM through all three revolutions simultaneously.
Julie Sweet
Accenture’s CEO ranks at No. 11 among business leaders. When companies need to transform digitally, they call Accenture.
Sweet runs the world’s largest consulting firm during the biggest technological shift since the internet. Her decisions ripple through thousands of corporations.
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Jane Fraser
Citigroup’s CEO comes in at No. 12. Wall Street’s first female mega-bank CEO carries enormous responsibility.
Fraser’s managing one of America’s most systemically important financial institutions while regulators circle and competitors innovate. No pressure.
Warren Buffett
The Oracle of Omaha’s influence transcends his Berkshire Hathaway holdings. When Buffett speaks, markets listen.
At 94, his investment philosophy shapes how millions think about money, risk, and long-term value creation. Age brings wisdom, and wisdom brings power.
Lisa Su
— Photo by ifeelstock
AMD’s CEO ranks at No. 14. Jensen Huang has AMD CEO Lisa Su, his first cousin once removed, on his heels as a powerful chipmaker.
Family rivalry drives innovation. Su transformed AMD from Intel’s perpetual runner-up into a legitimate competitor in both CPUs and GPUs. Sometimes being second motivates you to try harder.
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Andy Jassy
— Photo by Image Press Agency
Amazon’s CEO inherited the world’s most complex business empire from Jeff Bezos. Cloud computing, e-commerce, logistics, and entertainment – Jassy oversees it all.
His decisions affect millions of businesses that depend on Amazon Web Services and hundreds of millions of consumers who shop on Amazon. Scale creates power, and nobody operates at Amazon’s scale.
The Eternal Game
— Photo by dennizn
Power is not permanent. Today’s titans become tomorrow’s footnotes when they stop adapting. The smart money isn’t just on who holds power now – it’s on who’s building the foundation for tomorrow’s influence.
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