Fortune on Tuesday named billionaire tech mogul Elon Musk as probably the most highly effective individual in enterprise of 2024.
Musk topped the outlet’s listing of the 100 strongest individuals in enterprise, adopted by Nvidia CEO Jensen Huang, Microsoft chairman and CEO Satya Nadella, Berkshire Hathaway chairman and CEO Warren Buffett and JPMorgan Chase CEO Jamie Dimon.
Rounding out the highest 10 are a number of extra tech leaders, together with Apple CEO Tim Prepare dinner, Meta CEO Mark Zuckerberg, OpenAI CEO Sam Altman and Google CEO Sundar Pichai, in addition to Common Motors CEO Mary Barra.
“In the end, the people who earned places on the Most Powerful People list share a vital trait: Their words, deeds, and wealth shape what others around them think and do,” Fortune wrote.
Musk, who can also be the world’s richest individual, owns Tesla, SpaceX and the social platform X. He additionally owns a number of smaller tech companies, together with the substitute intelligence (AI) firm xAI and the neurotechnology firm Neuralink.
The billionaire has added billions extra to his wealth in current days, as Tesla’s inventory has surged on President-elect Trump’s win. The electrical car maker’s market capitalization crossed $1 trillion final week and continued its rally Monday.
Musk’s immense wealth, in addition to his expansive attain on X, have been key in boosting President-elect Trump within the closing months of the race.
He contributed $118 million to America PAC, a pro-Trump tremendous PAC he based earlier this yr that performed a central function within the Trump marketing campaign’s voter turnout efforts in swing states.
Musk additionally threw himself into campaigning for Trump, becoming a member of the Republican candidate at a number of rallies and internet hosting a sequence of city halls in Pennsylvania within the closing weeks of the election.
Trump thanked the tech mogul in his victory speech final week, after squarely defeating Vice President Harris in each the Electoral Faculty and the favored vote.
“We have a new star,” the president-elect mentioned. “A star is born — Elon!”
Musk is predicted to have some function within the new administration, though it stays to be seen what precisely that place might be. Trump has beforehand prompt that Musk might head up a panel targeted on slicing authorities prices.
