TIME/CNN presents Global Influentials, the top 25 business people worldwide

JOE CIARDIELLO FOR TIME

11. Warren Buffett
Berkshire Hathaway CEO

Warren Buffett has turned value investing into an art form, piling up the world's second largest individual fortune and persuading millions to mimic the low-tech, buy-and-hold style of stock picking he practices at Berkshire Hathaway. When a financial firm needs a bailout, the "Oracle of Omaha" usually gets a call. His investment rescued bond-trading powerhouse Salomon Brothers in the early '90s. Buffett, 71, is now active in efforts to get federal backing for insurers exposed to losses in future terror attacks.

CNN Video: Watch a short profile of Warren Buffett
Company Web Site: www.berkshirehathaway.com

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