American business magazine Forbes, has released its annual list of 100 most powerful women of 2016, which features Nigeria’s billionaire business woman, Folorunsho Alakija.
The annual list, released on Monday, features 100 women from 29 different countries. Among them are influential females from across the fields of politics, business, technology and philanthropy, including 12 world leaders, 32 CEOs, and 11 billionaires – nine of whom founded their own billion-dollar companies.
Forbes say they are the world’s most powerful women this year. They are the smartest and toughest female business leaders, entrepreneurs, investors, scientists, philanthropists and CEOs making their mark in the world today.
Folorunsho Alakija, Africa’s second richest woman, graced the (eightieth) 80th spot on the list, moving up 7 notches against her position last year.
In 2015, she was ranked in the list as the 87th most powerful woman in the world, the second most powerful woman in Africa after Ngozi Okonjo-Iweala, and the richest woman in Nigeria with an estimated net worth of $2.1 billion.
The youngest woman to feature this year was 41-year-old Yahoo CEO, Marissa Mayer, in fifty-fifth position, while the oldest was British Monarch Queen Elizabeth II who ranked at twenty-ninth. The average age was 57.
Topping the list for the sixth consecutive time is Angela Merkel. In total, Forbes has named the German Chancellor the most powerful woman 11 times.
In second position on the Forbes list is US Democrat and presidential hopeful, Hillary Clinton. In third position is US Chair of the Federal Reserve, Janet Yellen. Philanthropist Melinda Gates came in 4th, while General Motors CEO Mary Barra rounded off the top five.
Other notable faces on the list included IMF chief Christine Lagarde (No. 6), Facebook COO Sheryl Sandberg (No. 7), Entreprenuer/Actress Oprah Winfrey (No. 21), Fashion guru and longtime Vogue editor Anna Wintour (No. 28), World Health Organisation director-general Margaret Chan (No. 38) and China’s first lady Peng Liyuan (No. 58).
Forbes say the women featured on the list control trillion (881 billion euros) in revenue and influence more than 3.6 billion people around the globe.