Bill Gates

Greeted in the traditional Indian way by an activist of the Naaz Foundation, a Non Governmental Organisation working in the field of HIV/AIDS awareness and prevention, in New Delhi.
Photograph: Sondeep Shankar/ Saab Press

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Warren Buffett tops list in special "Power Issue;" Bill Gates of Microsoft and Lee Scott of Wal-Mart follow

FORTUNE announced its first list of The 25 Most Powerful People in Business today, naming Warren Buffett, CEO of Berkshire Hathaway, to the No. 1 spot.

"FORTUNE's list provided a snapshot of who controls the commanding heights of the American economy. We had a straightforward definition of power: the ability to affect the behavior of other people--whether in a company, an industry, the economy, or the world at large" says senior writer Jerry Useem.

"Buffett's company, Berkshire Hathaway, has become an all-American juggernaut, with multibillion-dollar interests in everything from insurance--where Buffett is one of the world's key players--to newspapers, carpets, and cowboy boots," says editor-at-large Andy Serwer of Buffett. "In racking up compound annual returns of nearly 23% over the past 15 years (vs. the market's 12%), Buffett has proved himself the world's greatest investor. As such, his influence on stocks and the market are unparalleled."

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This gallery contains a selection of Bill Gates pictures from the seventies to the nineties.

If you are someone who wants to see some family photos of the Microsoft Chairman, this album contains some pretty rare pictures.

Being Microsoft Chairman is a tough job, if you consider all the business rendez-vous around the world that Bill Gates commits to, but advirtizing events can be fun. For those wondering whether Bill Gates is a cold programmer who does not socialize, you may find graphic answers in this gallery.

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