04 October 2011

Ratan Tata, the only Indian Reputable Business Leader

Business leaders often receive innumerable credits and honors. All such awards make them more special and such incredible credits reflect their achievements in the business arena. Credits are not given only on the basis of their wealth, sometimes their philanthropic works brought greater honors and awards to them.


The New-York based Reputation Institute named him among the top ten most reputed people on earth. Reputation Institute created a list of 54 of the world's most visible leaders and public personalities in politics, business, culture, and sports.

Their reputation was measured on a 0-100 point scale based on four attributes - the degree to which a person is liked, respected, admired, and trusted. There were 19 people in the list, here is the list of prominent business leaders.

1. Ratan Tata


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Ratan Naval Tata, chairman of the Tata Group of companies recently added another feather to his crown. Ratan Tata is responsible for the acquisition of Tetley, Jaguar Land Rover and Corus, which have turned Tata from a largely India-centric company into a global business, with 65% revenues coming from abroad.
Ratan Tata is the only Indian reputable business leaders. Ratan Tata's net worth is $970 million. He does not figure in any 'rich list' because a large number of the shares (around 65.8%) of Tata Sons, the holding company of the Tata Group, are held by charitable trust.

2. Bill Gates


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Bill Gates is the former CEO and current chairman of Microsoft. He is a business magnate, investor, philanthropist, and author. During his career at Microsoft, Gates held the positions of CEO and chief software architect, and remains the largest individual shareholder, with more than 8 per cent of the common stock.


As of 2007, Bill and wife Melinda Gates were the second-most generous philanthropists in America, having given over $28 billion to charity.

3. Warren Buffet

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Warren Buffet is consistently ranked among the world's wealthiest people. He was ranked as the world's wealthiest person in 2008]and is the third wealthiest person in the world as of 2011.Warren Edward Buffett regarded as one of the most successful investors in the world. He is the primary shareholder, chairman and CEO of Berkshire Hathaway. Buffett is also a notable philanthropist, having pledged to give away 99 percent of his fortune to philanthropic causes, primarily via the Gates Foundation.
 4. Richard Branson



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Richard Charles Nicholas Branson is best known for his Virgin Group of over 400 companies. With an estimated net worth of approximately $4.2 billion, Branson is the 5th richest person in the United Kingdom and 254th in the world according to Forbes' 2011 list of billionaires.
5. Steve Jobs

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Steve Jobs is an American entrepreneur and inventor. He is co-founder, chairman, and former chief executive officer of Apple Inc. Even though he earned only $1 a year as CEO of Apple, he holds 5.426 million Apple shares. Forbes has estimated his net wealth at $8.3 billion in 2010, making him the 42nd wealthiest American.
6. Mark Zuckerberg

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Mark Elliot Zuckerberg is best known for co-creating the social networking site Facebook, of which he is chief executive and president.In 2010, Zuckerberg was named Time magazine's Person of the Year.As of 2011, his personal wealth was estimated to be $13.5 billion.
 7. Bernard Arnault


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Bernard Arnault is a French businessman and is the chairman and CEO of the French conglomerate LVMH. According to Forbes Magazine, Arnault is the world's 4th and Europe's richest person, with a 2011 net worth of $41 billion.
8. Rupert Murdoch

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Keith Rupert Murdoch is the founder and chairman and CEO of News Corporation, the world's second-largest media conglomerate. In 1953, Murdoch became managing director of News Limited, inherited from his father. In July 2011 Murdoch faced allegations that his companies including the News of the World, owned by News Corporation, had been regularly hacking the phones of private citizens. Murdoch has been listed three times in the Time 100 as among the most influential people in the world.
 9. Fred Smith


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Frederick Wallace Smith is the Founder, Chairman, President, and CEO of FedEx, the first overnight express delivery company in the world, and the largest in the United States.In addition to FedEx, Smith is also a co-owner of the Washington Redskins National Football League team. His wealth is estimated as net worth of $1.7 Billion.
10. Jeff Bezos

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Jeffrey Preston 'Jeff' Bezos is the founder, president, chief executive officer and chairman of the board of Amazon.com.Bezos founded Amazon.com in 1994 after making a cross-country drive from New York to Seattle, writing up the Amazon business plan on the way and originally setting up the company in his garage. Bezos' salary as CEO for 2010 was only $81,840, in addition to the $1.6 million cost of his personal security detail.He owns 20% of Amazon's stock and foregoes stock options.