Co-founder, Cree
Rank: 39
Why he matters: The light-emitting diode is poised to become the new lightbulb, and for that, Edmond deserves much of the credit. At Cree, the LED manufacturer he helped start two decades ago in North Carolina, Edmond is pushing the technology into the mainstream.
At a time when 22 percent of the nation's energy is spent keeping the lights on, an LED bulb can burn for almost six years before it needs to be replaced, and some consume even less energy than compact fluorescent bulbs. Edmond's LEDs are beginning to replace outdoor lighting in parking garages and streetlamps, and the indoor lighting market is set to open up as well.