According to Forbes, this year the votes for the World’s Most Powerful went to Russian President Vladimir Putin. He climbs one spot ahead of U.S. President Barack Obama, who held the title in 2012.
Putin has solidified his control over Russia while Obama’s lame duck period has seemingly set in earlier than usual for a two-term president — latest example: the government shutdown mess. Anyone watching this year’s chess match over Syria and NSA leaks has a clear idea of the shifting individual power dynamics.
Forbes' Most Powerul People in the World list is an annual snapshot of the heads of state, financiers, philanthropists and entrepreneurs who truly rule the world. It represents the collective wisdom of top FORBES editors, who consider hundreds of nominees before ranking the planet’s top 72 power-brokers – one for every 100 million people on Earth — based on their scope of influence and their financial resources relative to their peers.
This year’s list features 17 heads of state who run nations with a combined GDP of some $48 trillion — including the three most powerful people, Putin, Obama and Xi Jinping, the general secretary of the Communist Party of China.
Dangote is by far Africa's richest man, with a net worth of $16.1 billion, and also one of the most diversified, with interests in cement, sugar, flour, salt and, most recently, oil and petrochemicals. In May, he announced ambitions to enter Nigeria's largest industry, petroleum, and build Africa's largest petroleum refinery in the country.
At a Glance
- CEO, Dangote Group
- Age: 56
- Source of Wealth: cement, sugar, flour, self-made
- Residence: Lagos, Nigeria
- Country of Citizenship: Nigeria
- Education: Bachelor of Arts / Science, Al-Azhar University
- Marital Status: Married
- Children: 3
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