The Hot List

These bold innovators--all under the age of 40--are shaping our world

of Georgetown to open new branches in underserved communities. —Tamara E. Holmes

Shawn “Jay-Z” Carter, Rapper, President & CEO. Def Jam / 37. Why he’s hot: Carter continues to hold creative and business sway in the entertainment world. He controls hot recording artists such as Rihanna, Ludacris, and Kanye West. And his recently released album, American Gangster, is expected to be another in a string of hits. Beyond running a label, the mogul is expanding his commercial fiefdom, including bringing his trendy 40/40 Club sports bar and restaurant brand to Las Vegas this December and opening locations in Tokyo and Macau in 2008. Worth an estimated $555 million, he sold his Rocawear apparel label to Iconix earlier this year for $204 million. Carter also owns a stake in the NBA’s New Jersey Nets.

Sean “Diddy” Combs, Rapper, CEO, Music/TV Producer Bad Boy Worldwide Entertainment Group / 37. Why he’s hot: Combs–or “Diddy” if you prefer—continues to produce buzz as he engages in a wide range of entrepreneurial pursuits. Through Bad Boy Worldwide Entertainment Group, he operates a thriving enterprise that includes Bad Boy Records, which has grossed about $100 million; Sean John Clothing, which generated roughly $175 million in sales; and Unforgivable, the best-selling fragrance in the U.S. for 2006 and winner of the prestigious Fifi Award, considered the fragrance industry’s Oscar. The busy mogul inked a multiyear deal to develop Diageo PLC’s Ciroc vodka brand for a 50-50 share in the profits reported to be worth more than $100 million.

Susan Chapman. Global Head of Operations , Citi Realty Services / 39. Why she’s hot: Chapman manages the day-to-day operations for one of the largest corporate real estate portfolios in the world—more than 14,500 properties in 100 countries. This former chief strategy officer oversees functions such as retail branch development, mergers and acquisitions, and global relationship management. Named to be’s Top 50 Women in Business list last year, she is co-lead chair on Citi’s $50 billion environmental real estate initiative for climate control. Throughout her career, she has developed a can-do reputation. For example, when MetLife bought Citigroup’s Travelers Life & Annuity business in 2006, it was her team that negotiated and executed the mammoth transaction.

T. Troy Dixon, Managing Director / Deutsche Bank Securities / 36. Why he’s hot: While mortgage market mayhem sunk consumers and investors alike this year, Dixon has steered Deutsche Bank Securities through the valley to higher ground. As managing director and head of Deutsche’s Mortgage-Backed Securities Pass Through Trading group within the firm’s Global Markets Division, Dixon is responsible for overseeing a team of traders and managing the trading and risk associated with the firm’s $30 billion mortgage-backed securities portfolio. Dixon and his team are among the top-ranked traders in their arena. Previously, he retained similar roles in mortgage pass through trading at UBS, Donaldson, Lufkin & Jenrette, and Credit Suisse First Boston. This year, he was appointed to the North American Rates Management Committee.

Rosalyn Durant. Vice_President, Programming & Acquisitions, ESPN / 31. Why she’s hot: Durant manages ESPN’s relationship with the National

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