When Vanity Fair created the New Establishment, in 1994, it reflected the shift in power from a genteel Wasp establishment led by East Coast bankers and statesmen to a swashbuckling set of media-age moguls more comfortable in Hollywood than in mahogany-paneled clubs. By the end of the 1990s, as the Internet ushered in a new Information Age, there was another shift: the list began gravitating more to the technologists of Silicon Valley. In its latest evolution, the list is now becoming increasingly populated by a new wave of innovators and rebellious entrepreneurs who are less interested in stewarding great industries than in overturning them.