The Top 40 under 40(also known as the "Young Elite") is an annual ranking of emerging leaders published by the German business magazine Capital . Since 2007, it has recognised 40 individuals under the age of 40 from the fields of business, politics, public administration, science, and society who are considered particularly influential or forward-thinking. [1]
The ranking has been published annually in December since its inception. The editorial team of Capital selects candidates in four categories: entrepreneurs, management, politics and public administration, and science and society. Selection is based on editorial research and recommendations from experts in politics, business, and executive search. [2] Evaluation criteria include professional achievements, leadership responsibility, and social engagement. There is no fixed jury; the final decision rests with the editorial board. [3] Current awardees are presented both in print and on the magazine’s website. [4] [5]
Since 2007, Capital has also hosted the annual Young Elite Summit in Berlin, bringing together current and former honourees. Each year, the conference focuses on a central theme—such as digitalisation, sustainability, or corporate responsibility—and is organised in cooperation with companies including Google, Microsoft, or Vodafone. [6]
The Top 40 under 40 is regarded as one of Germany’s most established young leadership rankings and is frequently compared to international formats such as Forbes 30 Under 30 or the Young Global Leaders of the World Economic Forum. [7] The recognition is regularly covered by professional, academic, and regional media when individuals from business, science, or politics are included. [8]
Over time, the initiative has developed into an alumni network of more than 1,000 members and is described by Capital as a platform for connecting emerging leaders across Germany. [9] Universities and companies frequently reference the inclusion of their staff or alumni in the list to highlight excellence and talent development. [10] [11]
Some media commentary has criticised the lack of transparency in the selection process, noting that the evaluation criteria and decision-making procedures are not publicly disclosed. [12] Nevertheless, the format is widely viewed as a symbol of professional achievement and civic engagement in German public life.