Forbes on the occasion of its 100th-anniversary celebrations on Tuesday unveiled its special centennial issue including essays, lessons, and ideas for the next 100 years from the world’s greatest living thinkers from the world of business. This special list released by the magazine includes the names of three Indian entrepreneurial legends who are known for their work in the country- Ratan Tata, Lakshmi Mittal and Vinod Khosla. The list has been developed keeping in mind that these people have either created something with a lasting impact on the world or innovated in a way that transcends their given field, according to Forbes India. Forbes magazine was founded 100 years ago on September 17, 1917 by B.C. Forbes along with Walter Drey. While Forbes was a financial journalist, Drey was then GM of the Magazine of Wall Street.
A statement by the magazine read- “The list speaks to a century of entrepreneurial capitalism compiling the doers who have created, disrupted and innovated on a collectively historic scale. All honorees were required to actively participate in the project – all essays are original, capturing wisdom from the list-makers themselves.”
Here are some words of wisdom from the legends themselves-
1. Ratan Tata
Ratan Tata, the former Chairman of the iconic Tata Group conglomerate, while sharing his wisdom as a part of the special issue has been quoted as saying, “Be passionate in areas relevant to you, and be a voice that is respected and abreast of developments.” The magazine further stated that the Tata Group conglomerate owns brands including Land Rover, Taj Hotels, and Tetley Tea.
2. Lakshmi Mittal
Lakshmi Mittal is the Chairman and Chief Executive Officer (CEO) of ArcelorMittal, the largest steelmaker on Earth. He has been quoted as saying, “Every industry today has to fight complacency, prepare to see the disruption coming and then be flexible enough to adapt swiftly.”
3. Vinod Khosla
A venture capitalist and the former Chief Executive Officer (CEO) of Sun Microsystems, Vinod Khosla had this to say on ‘reputation’, “I explicitly don’t build or guard my reputation. I believe in telling it like it is and not worrying about it.”
Along with the three Indian entrepreneurial legends, the world’s 100 Greatest Living Business Minds list also includes the names of Giorgio Armani, Jeff Bezos, Michael Bloomberg, Bono, Richard Branson, Warren Buffett, Sean “Diddy” Combs, Jack Dorsey, Bill Gates, Paul McCartney, Rupert Murdoch, Elon Musk, Miuccia Prada, Shonda Rhimes, Sheryl Sandberg, Carlos Slim, Donald Trump, Ted Turner, Oprah Winfrey, Jack Welch, Mark Zuckerberg.