Top 6 Most Influential People in the Financial World Today

Written by John on . Posted in Career Advice, Personal Finance. 284 views.

Who comes to mind when you think about influential people in the financial world?….

Many of us have influential people in our own circle of friends or coworkers; maybe it’s the CFO of your company, or a friend who owns their own business.  It’s great when we get a chance to chat with these rockstars and pick their brain on how they look at things and approach situations differently than the rest of us.  Just a one hour lunch with these influencers can help add clarity on items that would otherwise take days of research.

But what does it take to be considered “influential” on a global scale?  An “influential” person on a global scale must have high economic power, command across the global, newsworthiness, and constant impact. What often separates these influential individuals from the rest are their habits of self-made millionaires or billionaires.

All of our top 6 exemplify theses qualities to the fullest, they are Global Financial Rockstars.

  1. Jiang Jianqing

Being a former coal miner and bank teller you might not have guessed that Jiang would end up on the top 6 most influential people in the financial world list.  Jiang worked his way up from bank teller in 1984 to now Chairman and Executive Director of Industrial and Commercial Bank of China (ICBC).  ICBC is the world’s largest bank by assets ($3.8 trillion) and second largest based on market volume.

Jiang who is 63, took over the nearly bankrupt bank in 2000 and has since increased assets 350%; in comparison, during the same time Citigroup’s assets increased only 16%.

  1. Larry Fink

After being forced out of the investment bank First Boston for losing $100 million on a poor investment, Larry Fink founded BlackRock in 1988. (Larry is currently chairman and CEO of BlackRock)

Think of a company, any company…likely BlackRock owns some portion of its equity or debt.  BlackRock is the world’s largest asset manager with over $6.3 trillion in assets under management and has offices in 30 countries with clients in 100 countries.

  1. Abigail Johnson

Born in 1961, Abigail is currently the Chairman and CEO of Fidelity (mutual fund giant with over $2.3 trillion in managed assets.)  She started at Fidelity in 1988 as an analyst, holds an MBA from Harvard, owns about 25% stake in the firm, and has a net worth of about $17 billion.

Abigail’s grandfather founded Fidelity in 1946.

  1. Jamie Dimon

Jamie Dimon seemly appears everywhere, in discussions around Brexit, employee minimum raise increases for bank’s hourly employees, blockchain technology, to most recently – partnerships with Jeff Bezos and Warren Buffet to venture into the healthcare space.

Mr. Dimon is the Chairman and CEO of JPMorgan Chase, the worlds most valuable bank – with net income in 2016 of $24.7 billion.

JPMorgan Chase has over $2.6 trillion of assets under management, and Mr. Dimon’s net worth is valued at just over $1 billion.

  1. Warren Buffett

Is there even a list of top financial influencers that does not include this man?  Warren Buffett, the Oracle of Omaha, made his first investment at age 11, putting all his fortune ($120 at the time 🙂 ) into three shares of Cities Service Preferred stock.  Needless to say, he’s been investing ever since.

Warren Buffett is the CEO of Berkshire Hathaway and is a clear champion of investing for long term value, based on company fundamentals.

Buffett, born in 1930, has a net worth over $87 billion – making him one of the wealthiest people in the world.  When Warren talks, the market listens.

Warren Buffett teamed with Bill Gates and Mark Zuckerburg to found The Giving Pledge whereby billionaires pledge to give away at least half of their fortunes to charitable causes.  We think that’s pretty awesome. 🙂

  1. Jerome Powell

Jerome, born in 1953, has an impressive background – holding a law degree from Georgetown/ undergrad from Princeton,  experience at several investment banking firms, and held governmental financial positions for former presidents George H. W. Bush and Barack Obama.

Jerome Powell took over as Chairman of the Board of Governors of the Federal Reserve on February 5, 2018. The position was previously held by Janet Yellen.  The Federal Reserve System, created in December 1913, is the central banking system of the United States.

Given that the Federal Reserve’s role is to promote the effective operation of the US economy, Jerome has significant influence in the financial world.

In the early stages of his new role, he is expected to follow the path of Janet Yellen, by increasing interest rates.


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