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No. 6 Lee Raymond EXXON MOBIL
(FORTUNE Magazine) – Lee Raymond isn't offering any apologies. He's not talking up green fuels, rhapsodizing about alternative energy in the year 2063, or waxing environmental about how his company will help solve the problem of global warming. What this man does is sell oil--and make money, lots of it, for shareholders. In the first quarter of 2003, Exxon Mobil earned $7 billion, more than twice what Microsoft and GE earned in the same period. Raymond's power goes beyond the numbers. For ten years the 65-year-old has run a company that functions virtually as a nation-state, hammering out deals with countries all over the globe (and drawing criticism for dealing with unsavory regimes in places like Angola and Indonesia). But with Exxon Mobil having regularly beaten the S&P 500 over the past 15 years, and poised to turn in a banner 2003, Raymond may never to have to say he's sorry. --Nelson D. Schwartz |
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