In 1994, TIME picked 50 people to keep an eye on
Exactly 20 years ago, the the Dec. 5, 1994, issue of TIME made a gamble, predicting the 50 people who were the most promising leaders for the future....MANY MORE
The magazine’s editors selected “50 for the Future”: 50 people under the age of 40, from the worlds of politics, science, activism, business, media and the arts, who seemed poised to take charge of America’s next steps. They had, David Van Biema wrote, “the requisite ambition, vision and community spirit to help guide us in the new millennium.” We decided to see just how well that group has turned out. Whatever happened to that Bill Gates guy, anyway?
Marc Andreessen, then 23 and co-creator of Mosaic
Andreessen’s Mosaic browser and the company he founded, Netscape, landed him on the cover of TIME in February 1996. In recent years Andreessen, 43, has become one of Silicon Valley’s most successful venture capitalists through his firm Andreessen Horowitz with payoffs from Twitter, Facebook and Skype. He is now one of the tech industry’s most visible leaders. He is on Twitter at @pmarca.
Evan Bayh, then 38 and Governor of Indiana
After two terms as Governor of Indiana, Bayh, 58, served in the Senate for twelve years until 2011. The Democratic lawmaker flirted with running for president in 2007, but ultimately endorsed then-Senator Hillary Clinton. He is now a partner at DC lobbying firm McGuireWoods.
James Dimon, then 38 and president of Travelers Group
Back in 1994, about a decade after founding the New York Academy of Finance — a program that prepped underprivileged kids for Wall Street jobs — he was considered one of the stock world’s top 10 figures. Now, as CEO of JPMorgan Chase, “Jamie” Dimon has since become even more recognizable in the Wall Street world. Though the bank has not had a completely smooth run in recent years — the “London Whale” mess cost it billions — he is credited with helping JPMorgan Chase get through the financial crisis with minimal damage. He has been a frequent honoree on TIME’s annual list of the 100 most influential people in the world, and currently ranks at #18 on the Forbes list of the most powerful people in the world.
Bill Gates, then 39 and co-founder of Microsoft Corp.
Gates was already America’s richest man in 1994 (TIME estimated his net worth at $9.35 billion) — but Forbes now estimates his net worth at a whopping $82.1 billion. And while Microsoft continues to chug along, he now dedicates much of his energy to the major philanthropic organization that is the Bill and Melinda Gates Foundation, which he and his wife launched in 2000.
Ronald A. Klain, then 33 and chief of staff to Janet Reno
Klain was chief of staff to two vice presidents, Al Gore and Joe Biden. His role in the 2000 Florida recount was immortalized by Kevin Spacey in the HBO movie Recount. He is now serving as the White House’s Ebola Response Coordinator and is rumored to be next in line to be President Barack Obama’s chief of staff or senior advisor.
Roderick von Lipsey, then 35 and a Major in the U.S. Marine Corps
After 20 years as a Marine Corps Aviator, during which he served as director of the National Security Council and as a senior aide to the Chairman of the Joint Chiefs of Staff, von Lipsey is now a Managing Director at UBS Financial Services, Inc. in Washington in the firm’s private wealth practice.
Lawrence Summers, then 40 and Treasury Under Secretary
The outspoken economist quickly rose to be President Bill Clinton’s final Treasury Secretary, where he led efforts to deregulate the financial sector. After leaving office, he became the 27th President of Harvard University, where he had a tumultuous tenure. After President Barack Obama was elected in 2008, he selected Summers to be Director of the National Economic Council, a post from which he helped lead the administration’s response to the global financial crisis. He left the White House in 2010.
Oprah Winfrey, then 40 and a talk-show host
Her talk-show business was making her more than $50 million a year, and her openness about her own past had helped get the National Child Protection Act through Congress. Twenty years later, her earnings, her power and her media empire are even bigger. She remains, in short, Oprah....
