Greatest entrepreneurs: 5 Honorable Mentions

Their impact may not be as profound or wide as our contenders, but these five innovators still stand in a class of their own.

Liz Claiborne
Liz Claiborne
Liz Claiborne Inc.

In 1986, Liz Claiborne Inc. became the first Fortune 500 company founded by a woman. Though she made her mark by designing tasteful and affordable clothes for women professionals, it was a little-known innovation by Claiborne that forever changed the way department stores sold clothing. She was the first designer to insist that her collection be placed together so that customers could mix and match pieces to create entire outfits. She died in 2007 at age 78.

By John A. Byrne, contributor @FortuneMagazine - Last updated March 22 2012: 6:02 AM ET
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The 12 greatest entrepreneurs of our time

Great ideas are hard to come by. Putting them to work is even harder. Meet the founders who turned concepts into companies and changed the face of business.