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Tech dominates Fortune's 40 Under 40 list

Silicon Valley execs hold the top five slots, with Google CEO Larry Page leapfrogging Facebook's Mark Zuckerberg for No. 1.

Larry Page's Google profile picture. Screenshot: Chris Matyszczyk/CNET
Silicon Valley makes a good showing on Fortune's 40 Under 40 list, with the top five slots filled by tech execs like Larry Page.

Page, the CEO of Google, leapfrogged Facebook's Mark Zuckerberg for the No. 1 spot on Fortune's ranking of young business stars.

The publication notes that since Page returned to the CEO role last year, he has "been bent on proving Google still has its mojo." He closed Google's acquisition of Motorola, streamlined management and closed failing projects. All of that has pushed Google's stock to an all-time high.

Facebook CEO Zuckerberg, meanwhile, nabbed second place, with Fortune noting the company continues to dominate despite the beating it has taken since its IPO. Facebook earlier this month said it had reached the 1 billion active user milestone.

Rounding out the top five are Yahoo Chief Executive Marissa Mayer in third place and Google co-founder Sergey Brin and Twitter and Square co-founder Jack Dorsey tied for fourth place.

Other tech execs making the list include Salar Kamangar, senior vice president of YouTube and video at Google, at No. 15; Airbnb CEO Brian Chesky at No. 17; and Pinterest CEO Ben Silbermann and Instagram CEO Kevin Systrom tied for No. 18.

Young tech execs aren't the only powerful people recognized by Fortune. The publication also named many tech leaders to its list of most powerful women.