Time magazine named John W. Rogers Jr., chief investment officer of Ariel Capital Management Inc., Chicago, one of its "50 for the Future" and the only money manager on its roster of the country's most promising leaders age 40 and younger.
James Dimon, president of Travelers Group and chief operating officer of Smith Barney Inc., New York, is the only other person in the financial services industry named to the roster.
The list contains people from far-ranging fields, from a zoologist to a Christian political activist. But it has only two others in the field of money: Jeffrey Sachs, a Harvard University economist who advised Russia, Poland, Bolivia, Argentina, Brazil, Ecuador and Venezuela on free-market reforms, and Lawrence Summers, undersecretary of the Department of the Treasury.
On Mr. Rogers, Time notes, he has avoided the excesses and flamboyance of the Gordon Gekkos of Wall Street, preferring an avocation of civic duty. Among his public commitments, Time notes, he is paying the tuition of 37 inner-city youngsters from sixth grade through college.
Mr. Dimon, who heads the second largest brokerage firm in the country, was called "one of the Top 10 figures on Wall Street."
It describes Mr. Sachs as "the world's best-known economist," while it notes Mr. Summers has advised President Clinton on "everything from currency markets to Japanese trade."