Thursday, November 26, 2009

#22 Rex W. Tillerson

The World's Most Powerful People

#22 Rex W. Tillerson

Chairman
ExxonMobil Corp.
U.S.
Age: 57


No-apologies cowboy runs world's largest, richest publicly traded oil company. Congress, consumers putty in hands. While competitors cut staff, Tillerson reinvests, this time in alternative energy. Appeasing shareholders with $7 billion in dividends and stock buybacks. Closet tree-hugger? Acknowledged global warming, doled out more than $600 million for algae farms that turn sunlight into fuel, even bigger bets on natural gas. "We are long-term-driven, and we're patient. And we're not opportunity-constrained."

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