As we come to the close of the current decade, how has women’s power advanced over the past ten years? Where have we seen the biggest strides made? And where is the most work still be done?
Speaker Nancy Pelosi returns to the list in the number three spot as the highest-ranking and most powerful female elected official in American history, currently architecting the country’s fourth-ever impeachment proceedings.
Regional national figures continue to play major roles in their own countries and on the world stage with notable newcomers this year including IMF chief She’s Not The First: The New Class Of CEOs Across the decade, women's lists have been heavily dominated by"firsts." First woman CEO of a S&P 500 company, first self-made female billionaire or first to helm an industry, and our 2010 list was evidence of this with less than a third of the listees holding c-suite titles. Female firsts continue to make headlines on the 2019 ranking but the bigger takeaway is that packs have emerged. Three leaders now dominate the defense industry, women helm the world’s two largest stock exchanges, and leading within the pharmaceutical industry are the world’s 4th largest drugmaker and India’s largest biopharma company. What’s more, the list now boasts seven self-made billionaires and seventeen women changing the face of tech. This year’s business honorees oversee more than $2.4 trillion in annual revenue and $14 billion in assets managed with more than seven million employees under their stewardship. While many glass ceilings have yet to be cracked, women today are wielding unprecedented business and economic might on the global stage and paving the way for more women to drive change from the elusive corner office in years to come.In 2019, being one of the world’s most powerful celebrities means more than being an influencer or icon. It means using your cultural capital to champion meaningful causes, build mega-businesses, and change the face of an industry. , are a testament to the new power celebrities are wielding across multiple spheres. Rihanna has emerged as a mogul in the making, known as much for her music as her cultural cache, having disrupted music, fashion and beauty with her Fenty empire, which generated an estimated $600 million in revenue in 2017 after less than two years in business. Witherspoon too has leveraged her star power into new arenas having flipped the script in Hollywood. She’s become a force for female storytelling through the launch of her own production and media companies and defines the multi-hyphenate job title for entertainment industry leaders of the next decade. Across the lot, women are seeing their power grow in the studio landscape. As calls have gotten louder for greater representation in front of and behind the camera, a rising number of women are now uniquely positioned to drive and recast cultural narratives. From Amazon Studios head with a war chest of $4.5 billion to turn the streaming giant into a storytelling powerhouse to who is pioneering a movement of inclusion to spotlight those traditionally overlooked, women on this year’s list are amplifying diverse voices and cementing their place at the forefront of storytelling. In a landscape forever changed by #MeToo, gender parity onscreen and behind the camera remains elusive but it is finally taking center stage in the entertainment industry and beyond.Across the board, power today is being won and wielded more in terms of impact and responsibility than ever before. In 2010, , alongside husband Bill Gates and Warren Buffet, formally announced The Giving Pledge, and in the decade since she’s become the world’s most powerful advocate for women and girls and is holding world leaders accountable to do the same. Advancing opportunities for women has emerged as a throughline across the 2019 list. The first female head of the European Commission, committed increasing gender representation in the Commission where women have been woefully absent. Cowboy Ventures’ , the VC who coined the term “unicorn,” is empowering more female venture partners to write checks and lead deals as a founding member of All Raise. has taken her power off the court to champion issues from sexism in sports to maternal health. , a 38-year veteran of tech giant IBM is spearheading policies to keep women in the workforce that include extended parental leave, a breastmilk delivery program and returnships. Across every industry and mantle of power, achieving the path to parity has never been prominent in the ways that leaders are wielding their influence. As we look back on the past decade, women’s progress may be calculated more in steps versus monumental strides but momentum is building that ultimately will transform the face of power in the decade ahead and for generations to come.
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