16 of 40
BACKNEXT
16. Jay-Z and Steve Stoute
Jay-Z and Steve Stoute
Roc Nation, Translation Advertising
Ages: Both are 39
Marital status: Jay-Z is married, Stoute is single

Jay-Z is co-founder of Roc-A-Fella Records and the Roca-wear clothing brand (sold for $204 million in 2007) and the former president of Def Jam. His latest album is his 11th to hit No. 1, the most by any solo artist ever.

Stoute, former EVP of Interscope Records, founded marketing firm Translation Consultation & Brand Imaging, which paired Justin Timberlake with McDonald's for "I'm Lovin' It" before he sold it to Interpublic.

The pals now run a division that helps giants like State Farm and Johnson & Johnson reach the urban market.

NEXT: Meredith Whitney

Last updated March 26 2010: 10:26 AM ET
Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
Note: To be eligible for Fortune's 40 under 40, candidates had to be 39 or younger on Nov. 1, 2009.
List compiled by Alyssa Abkowitz, Maha Atal, Katie Benner, Scott Cendrowski, Lawrence Delevigne, Telis Demos, Jessi Hempel, Suzanne Kapner, Mina Kimes, Beth Kowitt, Jessica Shambora, Richard Siklos, Kim Thai, Christopher Tkaczyk and Jia Lynn Yang. Research by Marilyn Adamo and Doris Burke.
20 highest paid Which young executives at public companies raked it in - and how much did they earn? More
They're hiring!These stars on our list have great jobs to fill. What are they looking for and how can you impress them? More
'My biggest mistake' The folks on our list may be remarkable, but they're not perfect. Here are the decisions they most regret in their careers. More
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.