No. 13: Intercontinental Exchange
Industry: Specialized Finance
Sales: $574.3 million
Net Income: $240.6 million
Chief Executive Jeff Sprecher built what was once a money-losing cooperative created by small utilities to swap energy during peak hours into an online energy exchange backed by the likes of Goldman Sachs and British Petroleum. Atlanta-based Intercontinental Exchange —known as ICE—now handles everything from frozen OJ to yen. Since 2004 profits have leaped elevenfold, to $241 million, on a 430% rise in revenue, to $574 million. Along the way, Sprecher has been rolling up global bourses, including the New York Board of Trade, and has made ICE one of Europe's top futures exchanges.
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