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
Daniel Hesse AT&T's long distance services. In May 1997, he became Chief Executive Officer of AT&T Wireless. In 1998, Hesse oversaw the launch of AT&T's Digital One Rate. From March 2000 to June 2004, Hesse served as CEO and chairman of Terabeam Corporation. In June 2005, Hesse joined Sprint and oversaw the spinoff of its landline division into a separate public company– Embarq Corporation. Hesse served as the President and CEO of Embarq from May 2006 until December 2007. On December 17, 2007 he became CEO of Sprint Nextel. During his tenure, Hesse appeared in ten television commercials for the company. The