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Wladimir Klitshcko
He holds 2 of the 4 major world titles (IBF and WBO) and is recognized by Ring Magazine as the Heavyweight World Champion.
This question is not as simple as it had been in years past, due to there now being 4 major organizations (WBA, WBC, IBF, and WBO) who recognize world champions with the awarding of a title belt. In 1983 the IBF came into existence and the WBO did in 1988. However, the WBO did not gain major recognition until the mid to late 1990's.
Currently the WBC title holder is Vitali Klitschko (the older brother of Wladimir). The WBA title holder is David Haye.
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