Time magazine's special report on rising leaders 40 years of age and under hit newsstands Monday, drawing on hundreds of interviews and apparently a Harvard directory for its selection of 50 people "to help guide us in the new millennium."

Ten of the chosen "50 For the Future" are closely affiliated with Harvard, including three professors, Five College graduates, two Law School graduates and one Business School graduate.

In addition, Time's list includes 39-year-old Bill Gates, a Harvard dropout and America's richest man.

"It's fun to be on the list," said Stone Professor of International Trade Jeffrey D. Sachs '76, one of three Harvard professors who made the cut. "It's nice company. I'm very pleased."

The magazine's description of the 40-year-old economist raved, "Jeffrey Sachs is to ailing economies what Albert Schweitzer was to disease-stricken backwaters."

Professor of Law Randall Kennedy and Lawrence H. Summers, former Ropes Professor of Political Economy and current U.S. Treasury Undersecretary for International Affairs, also made the list.

Summers--who was given tenure at Harvard at age 28--is described as "intellectually overpowering." Kennedy, a Rhodes Scholar, is credited with "helping to reshape the way Americans think about race."

The list ranges from Rhodes Scholars like Kennedy to self-proclaimed "Roads Scholar" Wayne W. Merisel '82, the head of the Bonner Foundation, a charity organization based in Princeton, New Jersey.

Meisel has spearheaded community service efforts at colleges across the country and is a recipient of the Jefferson Award for the greatest achievement in public service by an American under age 35.

Alan A. Khazei '83 was recognized for his promise as co-director of City Year, a Boston charity program to help youths earn college tuition for community service work.

Khazei founded the program along with his roommate. Michael H. Brown '83-'88, in 1988.

Bret D. Schundler '81, mayor of Jersey City, N.J., and Native American rights activist Winona LaDuke '80 were also selected as budding national leaders.

Also named were two Law School graduates: Mancy-Ann E. Min, a White House budget official, and Ronald A. Klain, chief of staff to Attorney General Janet Reno. Business School graduates James Dimon can also be found on the roster of future leaders