#20 Michael Bloomberg
Mayor & Founder
New York City & Bloomberg LP.
U.S.
Age: 67
Spent record $90 million of personal fortune to extend NYC mayoral term limit and eke out victory. Forecasts predict NYC's tax revenues will fall 28%—nearly $7 billion—in 2010. On bright side, world's 17th-richest man can afford to take $1 salary. Owns 88% of financial data and news outfit Bloomberg L.P.—and now, BusinessWeek. Doled out some $800 million to charity in last five years. Doesn't hold back: "You know what you should do is go out and make a billion dollars first, and then run for office."
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