Annually, Forbes.com released its list of Most Powerful People in the World. The website said that out of nearly 7.4 billion people on Earth, these 20 men and women make the world turn.
Forbes.com choose these people to base on four dimensions;
1. Forbes asked whether the candidate has power over lots of people.
2. They assessed the financial resources controlled by each person.
3. They determined if the candidate is powerful in multiple spheres.
4. They made sure that the candidates actively used their power.
Based on the final ranking made by the panel of Forbes editors, here are the 20 most powerful people in the world.
CEO, JPMorgan Chase
PMorgan Chase & Co. is a leading global financial services firm and one of the largest banking institutions in the United States , with operations worldwide.
18. Ali Hoseini-Khamenei
Grand Ayatollah, Iran
17. Carlos Slim Helu
Chair, Grupo Carso
Grupo Carso or Grupo Sanborns SAB is a global conglomerate company owned by Carlos Slim. It was formed in 1990 after the merger of Corporación Industrial Carso and Grupo Inbursa. The name Carso stands for Carlos Slim and Soumaya Domit de Slim, his late wife.
16. Salman bin Abdulaziz al-Saud
King, Saudi Arabia
15. Warren Buffett
18. Ali Hoseini-Khamenei
Grand Ayatollah, Iran
17. Carlos Slim Helu
Chair, Grupo Carso
Grupo Carso or Grupo Sanborns SAB is a global conglomerate company owned by Carlos Slim. It was formed in 1990 after the merger of Corporación Industrial Carso and Grupo Inbursa. The name Carso stands for Carlos Slim and Soumaya Domit de Slim, his late wife.
16. Salman bin Abdulaziz al-Saud
King, Saudi Arabia
15. Warren Buffett
CEO, Berkshire Hathaway
A diversified company with major interest in GEICO, life insurance, annuity sales and sales of jewelry.
14. Jeff Bezos
CEO, Amazon
Online retailer of books, movies, music and games along with electronics, toys, apparel, sports, tools, groceries and general home and garden items.
CEO, Amazon
Online retailer of books, movies, music and games along with electronics, toys, apparel, sports, tools, groceries and general home and garden items.
12. Li Keqiang
Prime Minister of China
11. Mario Draghi
President, European Central Bank
10. Mark Zuckerberg
CEO, Facebook
Facebook (FB) is an American for-profit corporation and online social media and social networking service based in Menlo Park, California. The Facebook website was launched on February 4, 2004, by Mark Zuckerberg, along with fellow Harvard College students and roommates, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes
8. Larry Page
President, Alphabet
Alphabet Inc. is an American multinational conglomerate founded on October 2, 2015, by the two founders of Google, Larry Page and Sergey Brin, with Page serving as CEO and Brin as President.It is the parent company of Google and several other companies previously owned by them.
Chair, Bill & Melinda Gates Foundation
William Henry "Bill" Gates III is an American business magnate, investor, author, and philanthropist. In 1975, Gates and Paul Allen co-founded Microsoft, which became the world's largest PC software company.
Bill & Melinda Gates Foundation is a grant-making foundation supports initiatives in education, world health and population, and community giving in the Pacific Northwest.
6. Janet Yellen
Chair, Federal Reserve
The Federal Reserve System is the central banking system of the United States. It was created on December 23, 1913.
Pope, Roman Catholic Church
4. Xi Jinping
General Secretary, Communist Party Of China
3. Angela Merkel
On the other hand, our very own President Rodrigo Duterte is number 70 in the list.
The Forbes magazine said, "Duterte has a tendency to say what he thinks, no matter how raw," a trait that "keeps him in the headlines."
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