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Forbes list of World's Most Powerful People 2014 released

Nov 6, 2014 16:15 IST

The Forbes list of the World's Most Powerful People 2014 was released on 5 November 2014. The list gives the annual ranking of the World’s 72 Most Powerful People on the basis of their financial resources, scope and use of power and the number of people they impact.

The list features 17 heads who run nations with a combined GDP of around 48 trillion US dollars.

Indians in the List
Indian Prime Minister Narendra Modi made his debut in the world's most powerful people list. He ranked 15th on the Forbes list. Modi was credited for the massive reconstruction projects in his home state of Gujarat. His administration promises to bring economic rejuvenation to other beleaguered parts of India.

The next Indian on the list is Mukesh Ambani at 36th rank. Ambani has business ventures in petrochemicals, manufacturing, oil and gas production, and now wireless sectors.



Top 10 in the List

 

Ranking

Names

Organisation/Country

1

Vladimir Putin

Russia

2

Barack Obama

United States

3

Xi Jinping

China

4

Pope Francis

Roman Catholic Church

5

Angela Merkel

Germany

6

Janet Yellen

Washington, United States

7

Bill Gates

Bill & Melinda Gates Foundation  

8

Mario Draghi

European Central Bank  

9

Sergey Brin

Google

9

Larry Page

Google
10 David Cameron   
United Kingdom

New Comers in the List
In the Forbes list of the World's Most Powerful People 2014, there are 12 newcomers including two recently elected heads of state Indian prime minister Narendra Modi and Egypt President Abdel el-Sisi. China’s richest man and Alibaba founder Jack Ma also made the first appearance in the list.

The other newcomers are:

  • Abu Bakr al-Baghdadi, the self-proclaimed caliph of ISIS, Syria-Iraq
  • Alexey Miller, CEO of Russian gas giant Gazprom
  • Doug McMillon, the CEO of Wal-Mart Stores
  • Ma Huateng, CEO of Tencent
  • Len Blavatnik, Founder of Access Industries, US
  • Mary Barra, CEO of General Motors
  • Satya Nadella, CEO of Microsoft
  • Gina Rinehart, Executive chairman of Hancock Prospecting, Australia
  • Jeff Gundlach, CEO of DoubleLine Capital LP, US

Billionaires in the List: The billionaires included in the list have cumulative worth of 790 billion US dollars. The list includes the names of world’s richest man Bill Gates, Warren Buffett, Carlos Slim Helu, Mark Zuckerberg, Michael Bloomberg, Charles and David Koch and Li-Ka-shing.

Asian Authority in the List: Asia Pacific made a strong show in 2014 Forbes List of World's Most Powerful People with 19 people from the region. The Asians included on the list are Chief of United Nations Ban Ki-Moon, Chief of WHO Margaret Chan, Bank of Japan Governor Haruhiko Kuroda, Indian Prime Minister Narendra Modi and China Premier Li Keqiang.

Some self-made entrepreneurs are also included in the list like Li Ka Shing, Jack Ma, Masayoshi Son, Robin Li, Ma Huateng and Terry Gou.

About the Forbes list of The World's Most Powerful People
The Forbes list of the World's Most Powerful People started in 2009. It seeks to answer a straight yet complex question that- What is the true nature of power and can we really compare and rank heads of state with religious figures and outlaws?

The list has one slot for every 100 million people on Earth, it means in 2009 there were 67 slots on the list, in 2010 there were 68, in 2011 there were 70, and in 2012 there were 71 slots.

Slots are allocated based on the amount of human and financial resources as well as their influence on world events.

Is this article important for exams ? Yes55 People Agreed

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