Mar 29, 2010

Apple's Steve Jobs named world's most valuable CEO



A new list of the 30 "most respected" chief executives across the world has named Apple co-founder Steve Jobs the most valuable of all, noting that "America could use 1,000 more like him."

"Probably the world's most valuable CEO is Steve Jobs of Apple, as shown by stock dips on news of his medical problems," the report said. "Apple recently hit a record, with a market value topping $200 billion, a reflection of the Street's confidence that a healthy Jobs (at least from what we can tell) continues to keep Apple ahead of the game. Jobs likely accounts for $25 billion or more of Apple's market value."

Jobs is frequently lauded for his performance as the CEO of Apple. In December, the Harvard Business Review named him the world's best-performing CEO for increasing his company's market cap a whopping $150 billion in the last 12 years. In November, Jobs was given the title "CEO of the Decade" by Fortune. The magazine lauded him for making Apple a groundbreaking technology leader and the most valuable company in Silicon Valley. He was also a finalist for Time magazine's 2009 "Person of the Year."

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