In the newly released Fortune 2025 “World’s 100 Most Influential Business Leaders” list, two Singapore business figures stood out.
$DBS(D05.SI)$ CEO Ms Tan Su Shan and $Sea Ltd(SE)$ CEO Forrest Li both made their debut.
Tan Su Shan ranked 28th, making her the highest-placed Singaporean business leader, surpassing $BlackRock(BLK)$’s Larry Fink and right behind Warren Buffett. She was also ranked 6th on Fortune’s “World’s Most Powerful Women” list in May, becoming a source of pride for Singapore’s business community. Forrest Li of Sea Group came in at 97th.
When the ranking was first published last year, Helen Wong, the first female head of a Singapore bank and CEO of $OCBC Bank(O39.SI)$ , was ranked 71st.
It’s worth noting that DBS Group and Sea Group are currently the only two Singaporean companies with a market capitalization exceeding USD 100 billion.
Top 10 Shakeup: Jensen Huang Surpasses Musk?
According to Fortune, this second annual ranking was based on six dimensions, including company scale, financial health, and innovation. The magazine emphasized that the list looks beyond wealth accumulation, focusing instead on how leaders shape the future of their industries.
Jensen Huang, Founder and CEO, $NVIDIA(NVDA)$
Satya Nadella, CEO and Chairman, $Microsoft(MSFT)$
Mark Zuckerberg, CEO, Chairman, and Founder, $Meta Platforms, Inc.(META)$
Elon Musk, CEO and Cofounder, $Tesla Motors(TSLA)$
Wang Chuanfu, CEO, Chairman, and Founder, $BYD COMPANY(01211)$
Sundar Pichai, CEO, $Alphabet(GOOG)$
Ren Zhengfei, CEO and Founder, Huawei Technologies
Sam Altman, CEO and Cofounder, OpenAI
Jamie Dimon, CEO and Chairman, $JPMorgan Chase(JPM)$
Mary Barra, CEO and Chair, $General Motors(GM)$
This year, Nvidia’s founder and CEO Jensen Huang overtook Tesla and SpaceX CEO Elon Musk to claim the top spot. Musk slipped to fourth place, while Microsoft’s Satya Nadella, Meta’s Mark Zuckerberg, and BYD’s Wang Chuanfu ranked second, third, and fifth, respectively.
Leaders on the list came from 62 U.S. companies, 17 Asian companies, 13 European firms, and one Middle Eastern enterprise. Seven companies had two executives featured, including Alphabet, $Palantir Technologies Inc.(PLTR)$ , Microsoft, $Amazon.com(AMZN)$ , $Berkshire Hathaway(BRK.B)$ , $Blackstone Group LP(BX)$ , and $Oracle(ORCL)$ .
What do you think of DBS and OCBC CEOs making the list?
Is Jensen Huang replacing Musk as #1 well-deserved?
Who is the most influential business leader in your eyes?
Follow the list to invest globally?
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Comments
Jensen Huang’s rise to #1 is well-deserved given Nvidia’s role in powering the AI boom. Still, my top pick will remain Elon Musk. Despite controversies, he continues to disrupt multiple industries from EVs to space, proving his influence goes beyond just one sector. Musk’s boldness and ambition still set him apart from many of his peers.
For me, Musk is the most influential leader because of his vision and execution. Lists like this are also useful for investors, as they highlight the leaders and companies shaping the future—and those are often where long-term opportunities lie.
@Tiger_SG @TigerStars @Tiger_comments
Let that sink: a Singapore woman, leading South East Asia's largest bank, now standing shoulder to shoulder with the titans of global finance. It is a recognition of her impact, innovation & unshakeable leadership.
Tan Su Shan is not just a CEO. She is a symbol of female power, resilience & conviction. Tan Su Shan is proof that Singapore does not only produce great companies, it also produces world class leaders.
To every investor who chooses conviction of investing in DBS - this is our moment.
To every woman who wonders if she can lead at the highest level - Tan Su Shan is the answer.
To every Singaporean who dreams big, this is proof that it can happen.
Let's dream big.
@Tiger_SG @TigerStars @Tiger_comments @CaptainTiger @TigerClub
@MHh @Universe宇宙 @ELI_59 @HelenJanet @rL @Wayneqq @melson
@Jupiter Vibes
I think Jensen Huang replacing musk is well deserved and he is number 1 to me. Musk is too eccentric to offer the stable vision and direction that the world wants. Also, he appears easily distracted by acquiring X and now also wanting to set up his own political party. Even for his own Tesla, he is losing ground in many markets to other EV companies that are rising up like BYD.
On the other hand, Jansen’s Nvidia is currently unrivalled. His chips are in high demand by many countries and they are required in many sectors, not just for AI or technology companies. As of now, no other company make better chips than him.
However, I won’t follow the list to invest. I would need diversity to manage my risk and maybe an ETF would be the easiest.
4. Continuous learning and improvement:
Musk prioritizes learning from his mistakes and uses that knowledge to enhance his ventures. This mindset has enabled him to navigate complex challenges.
5. Visionary thinking:
Musk's long-term vision for his companies and the world drives his resilience. He's willing to endure short-term setbacks for long-term success.