Do you know who really rules the world? Women, and not just any women, but the ten most powerful women in business. These are their success stories .
There used to be a time when women weren’t really allowed into the business world and when everyone thought that the proper place for a woman was to be behind closed doors. A lot has changed since then, but many people remain misogynistic to this day and this is why it’s important to honour these women who made the most of the business opportunities presented to them and became success stories.
The most powerful women in business prove that women can achieve a lot when they put their minds to it and this is why they are great role models for younger women who are looking for their own key to success.
#10 Safra Catz
Israeli born Safra Catz, is the Co-CEO of Oracle. Catz joined the Oracle corporation in 1999 and joined the board of directors in 2001. She then went on to become President of the corporation in 2004 and she was the orchestrator behind Oracle’s acquisition of rival PeopleSoft which is probably her biggest career achievement to the day.
Safra Catz is not only one of the most powerful women in business, but she’s also one of the most highly earning women in the world. According to Forbes she’s worth $510 million and she made $53.2 million in 2015 alone.
Safra Catz is a success story for good reason as she’s fierce. She’s the woman behind Oracle’s 85+ acquisitions in the past 5 years and she’s well known for her aggressive attitude when trying to close a deal.
#9 Abigail Johnson
Another success story, Abigail Johnson is the President and CEO of Fidelity Investments. She is the third Johnson to take the reins of the company, after her father and grandfather. Fidelity Investments is the nation's second-largest mutual fund company (behind Vanguard) with $2 trillion in assets under management and part of that success should be credited to Abigail who’s been fully committed to the company ever since she was young.
Abigail’s name might have made it easier for her to take over the company, but that does not mean that she didn’t work hard for the business opportunities presented to her. An integral part of her success story is that she’s not afraid to work hard. In fact, Abigail used to spend her college summers interning for the company.
According to Forbes she’s worth a staggering $14.4 billion and she owns a 24 percent stake at her family’s company.
#8 Angela Ahrendts
Angela Ahrents is the Senior Vice President in Apple Inc. even though she only joined the company two years ago. Before that she was the CEO of Burberry and she’s actually believed to have been the person to save Burberry by making it more exclusive. As Apple’s SVP she’s responsible for Apple’s retail and online stores. Ahrendts annual compensation package comes up to a staggering $25 million and she’s responsible for revamping the image of computers for their artistic uses.
#7 Indra Nooyi
Indian born Indra Nooyi is the CEO of PepsiCo and she’s as business savvy as they come. In 2015 Nooyi announced that PepsiCo should no longer be considered strictly a soda company and that the company would go on to focus on healthier products. Water and un-carbonated drinks now account for more than 25 percent of the company’s sales.
What makes Indra Nooyin one of the most powerful women in business is that she’s able to overcome obstacles that come her way with determination and ingenuity. Not only did she manage to save PepsiCo from the failing world of carbonated drinks, but she also recently managed to save the company from splitting after a proxy war.
#6 Ginni Rometty
Ginni Rometty is the current Chairwoman, President and CEO of IBM and she’s actually the first woman ever to head the company. She’s the woman behind IBM’s growth strategy after getting the company in cloud computing and analytic businesses.
Rometty has recently announced that the company will now focus on cognitive computing and their artificial intelligence technology, Watson.
Although Rometty has been successful in her role as CEO, she’s also been criticized for chip-manufacturing operation that cost the company loses.
#5 Ana Patricia Botin
Ana Patricia Botin is the Chairwoman of the Santander Group and she’s the first ever woman to lead the largest bank in the Eurozone.
Of course, Ana Patricia Botin is not the first of her family to lead the company. She stepped up to the chairwoman’s position after her father’s death and she represents the fourth generation of Botins to lead the bank.
Ana Patricia Botin is renowned for her innovative thinking and for introducing new schemes in the company. In fact, she’s the mastermind behind Santander’s faster bitcoin-based money transfers and she has also introduced innovative and more profitable checking schemes.
#4 Meg Whitman
Meg Whitman is currently the President and Chief Executive Officer of Hewlett Packard Enterprise and the Chairwoman of HP Inc. But more notably, Meg Whitman is the person responsible for eBay’s huge success.
Whitman joined eBay in 1988 when eBay was just a tiny company of 30 employees and revenues of $4 million. She found the website to be too confusing and went on to completely transform the company into one of the most successful companies in the world. Her key to success was that she knew what people would require from a website like eBay and she catered to those needs. During her time with eBay the company grew into a company of 15,000 and $8 billion in revenues.
#3 Susan Wojcicki
Susan Wojcicki is the current CEO of Youtube and she’s also one of the most important people in Google. Initial Google headquarters were set up in her garage and Wojcicki worked on the initial viral marketing programs.
She also lead the advertising and analytic products (including AdWords and AdSense) and she was the one that proposed the purchase of Youtube, a company whose estimate value is at $70 billion and that has 1 billion unique visitors a month.
With 5 kids and a balanced work and life, Wojcicki is definitely a success story to look up to.
#2 Sheryl Sandberg
Sheryl Sandber, COO of Facebook, is definitely one of the most powerful women in business. Reported to be worth over $1 billion, Sandberg is also the founder of the Lean In Foundation, a non-profit organisation that supports women in the workplace and women’s empowerment groups.
After joining Facebook, Sandberg quickly realized that she should focus on making Facebook more profitable. A strategy that no one had really been interested in before. By placing discreet ads, Facebook soon became profitable.
She is always considered one of the most driven women in business and evidence of her determination to make the most of life is that she continued to push through, even after her husband’s sudden death in early 2015.
#1 Mary Barra
The CEO of General Motors, Mary Bara has recently celebrated her two year anniversary at this position. She’s the first female CEO of General Motors and she’s listed as one of the top 5 most powerful women in the world by Forbes.
Mary Bara is the definition of loyalty as she’s been with General Motors since 1980 and although she had to appear before the Senate in 2014 to testify regarding the recalls and deaths attributed to the faulty ignition switch of some GM cars, she remains a self-made success story to this day.
What all these women have in common is that they are highly driven and that they’re business savvy. Their success stories show that no woman should be pushed aside for being a woman and that the key to success has nothing to do with your gender, but it has everything to do with being innovative.
Do you think that these most powerful women in business will remain so successful? Let us know what you think in the comment section below.