Tuesday, May 13, 2025

World’s Top 5 Best Businessmen of 2017

2017 was a good year for most businessmen in the world. A few of them hit some lows while others hit recommendable highs. Many businessmen are rated according to their net worth and profits they incurred forgetting the ones who executed their business at its utmost best. Here’s a round-up of well known business leaders who made the cut based on best business practices in 2017.

1. Jeff Bezos

The 53-year-old businessman founder and CEO of Amazon became the world’s richest man this year. His fortune increased by about $34 Billion in 2017 to take his net worth close to $100 Billion; which can be largely attributed to wise investment choices he’s made over the years: getting into ecommerce when an average retailer made $3000 in sales each year, AWS which now runs the likes of Netflix and Airbnb, his real estate insvestments in Washington and Texas which make him the 25th largest land owner in the US according to Land Report, his investments in Uber and Google, products like Kindle and Echo e.t.c

His recent acquisition of whole Foods sent ripples across the retail sector and the company announced a $4.5 Billion content budget for Amazon prime video- the only company that spends more is Netflix. Apart from Amazon, of which he owns 16%; he also owns Blue Origins, a space exploration company and The Washington Post. Bezos is a visionary not only because he launched one of the most successful companies of this century but also because even after more than 20 years in business Amazon still functions like a startup- almost every month it gets into a new category in which it has no expertise.

The willingness to try triumphs over the fear of failure. In an age when authenticity is in short supply, Bezos has stuck to his vision of putting the customer first. The journey from a garage operation in 1994 to a wall street darling has been a spectacle to watch. According to professor Scott Galloway of NYU Stern, Amazon Echo will revolutionalize branding. With voice search technology present in millions of homes, Amazon aims to be your only retailer; and with billions of dollars in cash, it seems inevitable.

2. Danni Lin

Lin is the CEO of GREAT WINE, Inc which produces wine to start a new conversation about wine . Dani was a former Data Scientist at Microsoft. Under Lin’s leadership, GREAT WINE now collaborates with Tim Hanni, MW (the first American who became Master of Wine), and myVinotype— a smart wine recommendation platform for wine-related businesses to learn more about clients’ wine personalities. Launched in 2011. myVinotype first started as a website widget and a consumer survey. By 2016, the platform has launched an iOS app, and has become available in eight languages worldwide. All these features are supported by data analytics in order to be more client-oriented.

Lin then transformed from a wine novice to a wine educator who encouraged consumers to speak their mind — what they really enjoy drinking and experiencing. Lin quitted her stable job at Microsoft. But with a strong financial background, analytical expertise, knowledge of advanced technology, and professional knowledge of wine, Lin is taking her business to the next level of growth and expansion worldwide through her extensive international experiences and connections.

GREAT WINE carries the mission of introducing the traditions and innovations behind Californian labels to the global market. It is recognized as Best Wine Tasting Experience by Qminder. The company’s CEO, Danni Lin, is honored in 425 Business Magazine 30 under 30.

3. Phillip Cohen

Phil is the CEO and Founder of Cohen Architectural Woodworking in St. James, MO . Phil comes from hard beginnings. He was a drug addict and suffered from depression. His father committed suicide. Failing at many things Phil found himself on a small farm. He began making birdhouses and toy trucks out of wood as a means of rehabilitation. People liked them and started buying them. He got a business license and eventually started his own firm.

He transferred his skills into commercial work. Cohen Architectural Woodworking was born. Phil then started supplying many national companies such as Walmart with millwork and custom wood cabinetry. Today the company has a newly expanded facility that includes 54,000 square feet and some 80 employees. Cohen has clients in all 50 states.

Phil is also special with the hiring practices of the company. He believes in giving people a second chance, no matter their background, if they are willing to do the work. Cohen hires a lot of ex-felons and others who would not receive job offers from most corporations. Many of these ex-felons have turned into excellent employees. Some are now in management and executives with the firm. He believes he got a second chance at life and is willing to help others turn their lives around.

In addition to hiring practices, Cohen is involved in many charitable and social causes. From working with local schools, to establishing optional classes at no charge for employees and their spouses on a variety of topics, to offering an employee a $1,000 bonus when they buy their first home.

For his contributions Phil was recently named the 2017 Business Person of the Year for the State of Missouri by the Small Business Administration. He also works hard to provide a safe workplace and recently won two safety awards for 100,000 work hours without an accident from a national trade association. Furthermore, the company has won multiple awards for woodworking design.

4. Skyler Ditchfield

Ditchfield isco-founder and CEO of Geolinks.com. Skyler Ditchfield currently serves as the CEO of GeoLinks,the fastest growing fixed wireless ISP in USA. Under his leadership, he has led the company to record more than 100% growth for six years straight, and is on track for a seventh. In 2017, Ditchfield spearheaded GeoLinks’ efforts in obtaining its status as a California Competitive Local Exchange Carrier (CLEC) public utility, allowing the company to expand into the national marketplace. Furthermore, Ditchfield successfully completed the company’s first ever acquisition allowing GeoLinks to expand its service offerings. While not yet publicly announced, He closed out 2017 with another massive acquisition under his belt, officially making GeoLinks the market leader in its’ space.

Aside from making what began as a two-person operation in 2011, into what is now a 65 employee (and growing) 8-figure company, Ditchfield is passionate about cultivating the best company culture around — one that combines respect and collaboration

5. Sheldon Smith

Smith is the Founder and Executive Director of the Dovetail Project. He has developed an organization that works to give young African-American fathers — ages 17 to 24 — the skills and support they need to be better fathers for their children and better men in the Chicago community.

Smith designed the program based on his own experiences, which included being incarcerated as a teenager, furthering his education, finding employment, and becoming a father at age 20. Now at the age of 28, Smith has been named 2016 Top 10 CNN Hero and most recently a Steve Harvey Hero, Civic Leader for The Obama Foundation and named 2018 Forbes 30 Under 30.

The Dovetail Project’s 12-week curriculum includes workshops focused on teaching vital parenting skills and life skills. Over the course of the program, students receive training to finish their education and seek employment. Workshop facilitators also educate students on felony street laws — introducing life-saving methods to help them avoid conflict and incarceration. To date, 337 young men in Chicago have graduated from the program since its founding in 2009.

The end of 2017 was a year to remember the elite circle of entrepreneurs and visionaries who are out there doing things right .

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