360° Coverage : The People CNBC Missed Out In Its 'First 25' Business...

2 Updates

The People CNBC Missed Out In Its 'First 25' Business Leaders List

Apr 30 2014, 7:12pm CDT | by

Back in 1989, the worlds of business and finance were relatively staid. High frequency trading was not well-known and the idea for a Worldwide Web had just been published in an obscure paper by Tim...

Filed under: news

 
 
 

25 weeks ago

The People CNBC Missed Out In Its 'First 25' Business Leaders List

Apr 30 2014, 7:12pm CDT | by

Back in 1989, the worlds of business and finance were relatively staid. High frequency trading was not well-known and the idea for a Worldwide Web had just been published in an obscure paper by Tim Berners Lee. Technology had not buffeted and disrupted industries (my chosen industry – media – was still intact).

It is no surprise, then, that TV network CNBC’s list of twenty-five people who have had the most profound impact on business and finance since 1989 includes six technology luminaries (including Steve Jobs and Bill Gates, who led the computer revolution at Numbers 1 and 2) in the top 10.

The list is interesting because it aims to encapsulate a turbulent era for business to the vision of twenty-five people. Apple’s Steve Jobs and Microsoft’s Bill Gates (who take the top two spots) to Google’s founders to Facebook’s Mark Zuckerberg and activist investor Carl Icahn all find a mention in this smorgasbord of a list.

However, some entries in the list certainly strike one as bizarre or, perhaps, wrongly-placed. For example, how does daytime talk queen Oprah Winfrey merit a place in the list, which, as I mentioned earlier, is about people who have had the most profound impact on “business and finance.” Her contributions to these fields have been indirect (unless you consider the success of her daytime talk show a direct contributor to the TV network’s success).

This, of course, is not to belittle her achievements. She has had a profound impact in the entertainment businesses and opened several doors for African Americans in the entertainment business. However, her contribution to the business and finance industries is doubtful. Similarly, Martha Stewart, an Oprah competitor, also finds a place on the list. To be sure, they are incredibly successful personal franchises. To be sure, Stewart and Winfrey did not invent a new business strategy or method, They parlayed their success into a successful business, something that several other entertainers have done in the past.

There are other, notable exceptions as well. As Kara Swisher from Recode pointed out Mosaic inventor and noted venture capitalist Marc Andreessen should have been included in the list. Similarly, Tim Berners Lee, who came up with the idea for the Worldwide Web in a paper, should also have been included. Linus Torvalds, the Finnish creator of Linux, a popular open source platform that is used to power server infrastructure (and, which became the first serious threat to Microsoft’s dominant position in operating systems) has also been left out in the cold.
Perhaps, it is a bad idea to make lists that attribute progress to specific personalities. But, then, I am sure Forbes would disagree./>

 
Update
2

7 weeks ago

Khazanah throws MAS RM6b lifeline

Aug 29 2014 5:01pm CDT | Source: Business Times Singapore

August 30, 2014 1:15 AMKHAZANAH Nasional will inject RM6 billion (SS$2.4 billion) over three years to resuscitate loss-making Malaysia Airlines (MAS) under a recovery plan that includes even an Act of Parliament. Other key moves are migrating its operations, assets and liabilities to a new com ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 
Update
1

8 weeks ago

MAS posts loss of RM307m for Q2

Aug 28 2014 5:00pm CDT | Source: Business Times Singapore

August 29, 2014 1:13 AMMALAYSIA Airlines (MAS) registered a loss of RM307 million (S$122 million) for the second quarter to end-June, but warned of worse to come in the second half when the "full financial impact of the double tragedies of MH370 and MH17" ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 

Don't miss ...

 

<a href="/latest_stories/all/all/30" rel="author">Forbes</a>
Forbes is among the most trusted resources for the world's business and investment leaders, providing them the uncompromising commentary, concise analysis, relevant tools and real-time reporting they need to succeed at work, profit from investing and have fun with the rewards of winning.

 

blog comments powered by Disqus

Latest stories

Boom in dam construction threatens freshwater biodiversity
London, Oct 24 (IANS) An unprecedented global boom in the construction of hydropower dams, spearhead by developing and emerging economies, could reduce the number of rivers by about 20 percent and pose a serious threat to freshwater biodiversity, says a study.
 
 
Beetroot boosts athletes' performance
New York, Oct 24 (IANS) Forget energy drinks, athletes may now rely on a more organic drink to enhance their performance - beetroot juice.
 
 
Dark shadow of Ebola now a global threat: Trinidad PM
Port-of-Spain, Oct 24 (IANS) The dark shadow of the Ebola has now become "a real and imminent global threat", Trinidad and Tobago's Prime Minister Kamla Persad-Bissessar has said.
 
 
Google doodle celebrates one month of India's Mars mission
New Delhi, Oct 24 (IANS) Google Friday celebrated one month of India's Mars Orbiter Mission (MOM), the Mangalyaan, by putting up a special doodle on its home page for India.
 
 
 

Latest from the Network

Second MERS case reported in Qatar
Doha, Oct 23 (IANS) A 43-year-old man in Qatar has tested positive for Middle East Respiratory Syndrome (MERS) in the second confirmed case of the deadly virus in 10 days, media reported Thursday. The patient had...
Read more on Business Balla
 
Two people die in Pakistan bomb blast
Islamabad, Oct 23 (IANS) At least two people were killed and 12 others injured in an explosion that took place in Pakistan's Balochistan province Thursday, media reported. The bomb was planted on a motorcycle, Dawn...
Read more on Politics Balla
 
Trott extends contract with Warwickshire till 2017
London, Oct 23 (IANS) England batsman Jonathan Trott, whose mental issues led to his abrupt departure from last winter's Ashes tour, has confirmed his successful comeback to competitive cricket by signing a new three-...
Read more on Sport Balla
 
Srikanth, Kashyap big movers in BWF rankings
Kuala Lumpur, Oct 23 (IANS) Indian men shuttlers Kidambi Srikanth and Parupalli Kashyap jumped seven places each in the latest Badminton World Federation (BWF) rankings released Thursday while Olympic bronze medallist...
Read more on Sport Balla
 
Alvin Stardust dead
London, Oct 23 (IANS) English singer Alvin Stardust died after a short illness. He was 72. Stardust's manager confirmed the news about his demise Thursday, reports mirror.co.uk. He was recently diagnosed with...
Read more on Celebrity Balla
 
Indian man reunited with family after 40 years
Dubai, Oct 23 (IANS) An Indian man, who had disappeared from his hometown in Kerala nearly 40 years ago, has been found by his family at a hospital in Dubai in the UAE, a newspaper report said. Now in his 60s, Abdulla...
Read more on Politics Balla
 
Srikanth, Kashyap, Saina rise in world rankings
Kala Lumpur, Oct 23 (IANS) Indian men shuttlers Kidambi Srikanth and Parupalli Kashyap jumped seven places each in the latest released Badminton World Federation (BWF) rankings Thursday while Olympic bronze medallist...
Read more on Sport Balla
 
Flintoff signs for Big Bash side Brisbane Heat
Brisbane, Oct 23 (IANS) Former England captain and all-rounder Andrew Flintoff, who retired from international cricket in 2009, Wednesday confirmed that he will play for Brisbane Heat in the Big Bash League (BBL) this...
Read more on Sport Balla
 
OPEC daily basket price falls again
Vienna, Oct 23 (IANS/WAM) The basket of 12 crude oils of the Organization of Petroleum Exporting Countries (OPEC) closed at $81.94 a barrel Wednesday compared to $82.09 Tuesday, the OPEC Secretariat said. The new OPEC...
Read more on Business Balla
 
Lopez to sign multi-million dollar deal?
Los Angeles, Oct 23 (IANS) Singer-actress Jennifer Lopez is reportedly in the final stages of securing a multi-million dollar deal to perform in Las Vegas. The 45-year-old is being offered $350,000 per show at The...
Read more on Celebrity Balla