The list of twenty-five most powerful businessmen in Asia has been released by Fortune based on revenues, profits, and growth of most dynamic companies in the region, plus the roles of their top executives played in the corporations' success.
Among the top ten of this list, Toyota Motor CEO Toyoda ranks the first position and followed by five businessmen in China, two in India and two in South Korea.
Company: Toyota Motor
Toyoda has been CEO of Toyota Motor, Asia’s largest and most influential company for two years. In 2010, the powerful businessman miraculously survived the recall scandal due to Toyota’s car safety problems that affected millions of consumers around the world though he was believed to be pushed to resign. Shareholders now expect Toyoda to speed up the auto giant to more growth. He interestedly concentrates on developing in emerging markets like China and India, which make up for 40% of Toyota's $223 billion in annual sales.
Toyoda is pushing the company to produce a lineup of 10 new hybrid models by 2015
Company: Tata Sons
Ratan Tata is referred as the person who brings coffee culture to tea-preferred India. His Tata Group does business in different industries from autos to steel and telecommunications. Recently, Tata has signed a deal with Starbucks to bring the Seattle chain to India, the latest in a string of alliances that help this group turn into a $67 billion multinational powerhouse.
Tata Group’s joint venture partners include Lockheed Martin, AIG, and Cummins
Mukesh D. Ambani
Company: Reliance Industries
Title: Chairman and managing director
Mukesh Ambani, CEO of Reliance Industries, is well-known as a dealmaker. He buys assets in telecom, petrochemicals, and energy as part of a strategy to rapidly enlarge the $45-billion-a-year conglomerate. Ambani was nominated by Bank of America in March as the first non-American on its board of directors.
Ambani's wealth is estimated $27 billion
Company: Samsung Group
Country: South Korea
Title: Chairman and CEO
Thanks to Chairman Kun-Hee Lee, Samsung Electronics is turned from a peddler of low-end gadgets to a global leader in cellphones, televisions and computer chips. This company is called as the Apple of South Korea for its design, innovation and financial performance with last year’s profits climbing 65% to $14.3 billion.
Though Lee was forced to resign as chairman of Samsung in 2008 sue to a corruption scandal, he returned to his prestigious position in 2009
Company: Huawei Technologies
Ren Zhengfei is the CEO of China’s largest telecom equipment maker Huawei, which grew 28% to $28 billion in revenue last year. The company’s products and services help keep phone and Internet networks around the world up and running. Two-thirds of sales come from non-Chinese customers, including Britain's BT.
Ren Zhengfei has built a global empire that plays an increasingly vital role in running the world's phone and Internet networks
Five other powerful businessmen in Asia
Terry Gou, 60, is the chairman and CEO of Taiwan’s Foxconn Technology Group
Gao Xiqing, 57, is the president and chief investment officer of China Investment Corp.
Wang Xiaochu, 53, is the chairman and CEO of China Telecom Corp.
Jiang Jiemin, 55, is the chairman of PetroChina Co.
Mong-Koo Chung, 73, is the chairman and CEO of South Korea’s Hyundai Motor