Eric Schmidt on its list of the 50 most important people on the Web, along with Google co-founders Page and Brin. Schmidt is one of a few people who became billionaires (in United States dollars) based on stock options received as employees in corporations of which they were neither the founders nor relatives of the founders. In its 2011 'World's Billionaires' list, "Forbes" ranked Schmidt as the 136th-richest person in the world, with an estimated wealth of $7 billion. On 20 January 2011, Google announced that Schmidt would step down as the CEO of Google but continue as the executive chairman of
Kim Williams (media executive) the ABC to accept Murdoch's invitation to head Fox Studios. In December 2001 he became Chief Executive of Foxtel. He remained until 2011 and was praised for reversing Foxtel's fortunes from a chronic loss-maker to high-profitability. He was a participant in the Australia 2020 Summit, as a member of the Towards a Creative Australia working group. Williams was Chairman of the Sydney Opera House Trust from 2005, on the invitation of the then Premier of New South Wales Bob Carr, until stepping down in 2013. In 2006 he was canvassed as a potential successor to Russell Balding, after Balding resigned