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
Eric Nicoli Eric Nicoli Eric Luciano Nicoli, CBE (born 5 August 1950) was CEO of EMI Group plc between 12 January 2007 and August 2007, having previously been Executive Chairman of the group since July 1999. In addition to his position at EMI, Nicoli has previously been Group Chief Executive of United Biscuits (Holdings) plc (1991–1999) and Non-Executive Chairman of HMV Group plc, The Tussauds Group Ltd and Vue Entertainment Ltd. Nicoli was educated at Diss Grammar School and went on to graduate with a First Class degree in Physics from King's College London. In July 2003, he received the honorary degree