CEO
Chanel
Country: France Chanel
2007 rank: 13
Chiquet, 45, announced plans earlier this year to reorganize the private fashion house, which has estimated annual sales of about $2.5 billion. In a bid to attract younger customers, Chiquet hired a new creative director of makeup and signed Harry Potter star Emma Watson as the new face of Chanel.
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Last updated September 29 2008: 1:21 PM ET