The fifth place was taken by the CEO of Continental tire and auto parts manufacturer, Elmar Degenhart. In July 2018, it was decided to hold one of the largest reorganizations of the company. The Continental AG holding group will be created which will include three business sectors: Continental Rubber, Continental Automotive, and Powertrain.
“In the next decade and after, the global automotive industry will undergo the largest and most profound transformation in its over 130-year history. We are looking ahead and taking on this transformation at an early stage,” Degenhart said.
The fourth place is occupied by the chairman and CEO of Kering group which owns Gucci, Brioni, Balenciaga, Ulysse Nardin and other brands, François-Henri Pinault.
In May 2003, François-Henri Pinault became a vice president of PPR founded by his father. In March 2005, he was appointed chairman and CEO. Under his leadership, PPR changed its name to Kering, increased its stake in the Gucci Group to 99.4%, acquired a controlling stake in Puma, Girard-Perregaux, House, Brioni, and such jewelry brands as Qeelin, Pomellato and Dodo.
The CEO and chairman of the LVMH board of directors (the company owns such brands as Louis Vuitton, Christian Dior, Moët&Chandon, Hennessy and others), Bernard Arnaud got the third place in the ranking.
One of the richest people on the planet was born in 1949 in a small French town. He graduated from the Polytechnic School and joined the father’s construction business. When he was 20 years old, Arnaud persuaded his parent to change the sphere of the company from design to construction of commercial real estate, and in the mid-1980s he took the first significant risk in his life: he managed to buy the textile company, Boussac, that was put up for auction persuading four banks to cover three-quarters of expenses.
The second place went to Jensen Huang, a co-founder, president and CEO of NVIDIA graphics processor. He received a master's degree in electrical engineering at Stanford University and in 1993 co-founded Nvidia.
Last year, Jensen Huang occupied the third place in the ranking.
The first place belongs to Pablo Isla, the CEO and chairman of the Inditex board of directors. The company owns Zara, Pull&Bear, Massimo Dutti, Bershka and other clothing brands.
Isla leads the ranking for the second year in a row. He is 54 years old. Isla was named CEO and deputy chairman of Inditex in 2005 and was named chairman of the company in 2011. He graduated with a Law degree from the Complutense University of Madrid. Before joining Inditex, he worked at the Ministry of Economy and Finance of Spain, Banco Popular banking group, and was president of the Altadis tobacco company.
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