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Thursday, 29 May 2014

Forbes names Folorunsho Alakija, Ngozi Okonjo Iweala as ‘most powerful women in the world’

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By Osagie Alonge


Folorunsho Alakija and Ngozi Okonjo Iweala

Folorunsho Alakija and Ngozi Okonjo Iweala. Photo: Time, Facebook



Forbes Magazine has listed two Nigerian women, two-time Minister of Finance Ngozi Okonjo-Iweala and billionaire Folorunsho Alakija in their ‘100 Most Powerful Women in the World’ list.


Okonjo-Iweala is ranked 44th position while Alakija is 96th. In 2013, Alakija was ranked 63rd, while Okonjo-Iweala was at number 59.


Beyoncé comes in at 17th position while Lady Gaga at 67th. Others included in the list are US First Lady Michelle Obama (8th), Media mogul Oprah Winfrey (14th), Queen Elizabeth (35th) and actresses Anna Wintour (39th) and Angelina Jolie (50th).


Read what Forbes wrote about the women below:


Ngozi Okonjo-Iweala


Nigerian economist Okonjo-Iweala didn’t let her failed 2012 bid to become president of the World Bank slow her down. In 2011, she received her second appointment as finance minister of Nigeria. Since then, the country’s GDP has displayed robust growth — 6.87% growth between 2012 and 2013 — especially given the relatively sluggish global recovery. Okonjo-Iweala was key to developing the reform programs that helped stabilize Nigeria’s economy and improve governmental transparency. She has now turned her attention to Nigeria’s 14% unemployment rate. The Harvard- and M.I.T.-trained Okonjo-Iweala spent 21 years as a development economist at the World Bank.



Folorunsho Alakakija


Folorunsho Alakija’s winding path to becoming one of the richest woman in Africa began in London, where she pursued secretarial studies and fashion design as a young woman. After returning to Nigeria to work as an executive secretary, she founded her own tailoring company, Supreme Stitches. With clients such as former first lady Maryam Babangida, her company quickly rose to prominence among Nigeria’s high society. Her closeness with Babangida proved even more valuable when the Ministry of Energy approved her oil prospecting license in 1993, granting her a lucrative block in Nigeria’s coastal waters. Famfa Oil, which she controls, now holds a 60% stake in the oil field. It pumps about 200,000 barrels a day. In 2008, she founded The Rose of Sharon Foundation, which works to help widows and orphans. And in 2013, she was appointed the vice chair of Nigeria’s National Heritage Council and Endowment for the Arts



Check out the full list below…










































































































































































































































































































































































































































































































































































































































































































































S/NNameAgeCountryCategory
1Angela Merkel59GermanyPolitics
2Janet Yellen67United StatesFinance
3Melinda Gates49United StatesPhilanthropy/NGO
4Dilma Rousseff66BrazilPolitics
5Christine Lagarde58FrancePhilanthropy/NGO
6Hillary Clinton66United StatesPolitics
7Mary Barra52United StatesBusiness
8Michelle Obama50United StatesPolitics
9Sheryl Sandberg44United StatesTechnology
10Virginia Rometty56United StatesTechnology
11Geun-hye Park62South KoreaPolitics
12Susan Wojcicki45United StatesTechnology
13Indra Nooyi58United StatesBusiness
14Oprah Winfrey60United StatesMedia
15Irene Rosenfeld61United StatesBusiness
16Maria das Graças Silva Foster60BrazilBusiness
17Beyonce Knowles32United StatesCelebrity
18Marissa Mayer38United StatesTechnology
19Cristina Fernandez de Kirchner61ArgentinaPolitics
20Meg Whitman57United StatesTechnology
21Marillyn Hewson60United StatesBusiness
22Ursula Burns55United StatesTechnology
23Helen Clark64New ZealandPhilanthropy/NGO
24Safra Catz52United StatesTechnology
25Michelle Bachelet62ChilePolitics
26Nancy Pelosi74United StatesPolitics
27Gina Rinehart60AustraliaMetals & Mining
28Amy Pascal56United StatesMedia
29Laurene Powell Jobs & family50United StatesTechnology
30Margaret Chan66ChinaPhilanthropy/NGO
31Ellen Kullman58United StatesBusiness
32Sofia Vergara41ColombiaCelebrity
33Drew Gilpin Faust66United StatesPhilanthropy/NGO
34Abigail Johnson52United StatesBusiness
35Queen Elizabeth II88U.KPolitics
36Arundhati Bhattacharya58IndiaFinance
37Renee James49United StatesTechnology
38Sri Mulyani Indrawati51IndonesiaPhilanthropy/NGO
39Anna Wintour64United StatesMedia
40Joyce Banda64MalawiPolitics
41Wu Yajun & family50ChinaReal Estate
42Bonnie Hammer63United StatesMedia
43Chanda Kochhar52IndiaBusiness
44Ngozi Okonjo-Iweala59NigeriaPolitics
45Ertharin Cousin57United StatesPhilanthropy/NGO
46Ellen DeGeneres56United StatesCelebrity
47Sheikh Hasina Wajed66BangladeshPolitics
48Amy Hood42United StatesTechnology
49Angela Ahrendts53United StatesTechnology
50Angelina Jolie38United StatesCelebrity
51Margaret Hamburg58United StatesPolitics
52Arianna Huffington63United StatesMedia
53Lucy Peng41ChinaTechnology
54Cher Wang55TaiwanTechnology
55Sheikha Lubna Al Qasimi52U A EPolitics
56Gail Kelly58AustraliaBusiness
57Peng Liyuan51ChinaPolitics
58Shakira Mebarak37ColombiaCelebrity
59Ho Ching61SingaporeBusiness
60Guler Sabanci59TurkeyBusiness
61Aung San Suu Kyi68BurmaPolitics
62Zhang Xin & family48ChinaBusiness
63Samantha Power43United StatesPolitics
64Rosalind Brewer51United StatesBusiness
65Phebe Novakovic56United StatesBusiness
66Mary Callahan Erdoes46United StatesBusiness
67Lady Gaga28United StatesCelebrity
68Diane von Furstenberg67United StatesFashion and Retail
69Adena Friedman44United StatesFinance
70Ellen Johnson-Sirleaf75LiberiaPolitics
71Padmasree Warrior53United StatesTechnology
72Elvira Nabiullina50RussiaPolitics
73Mary Jo White66United StatesPolitics
74Chua Sock Koong57SingaporeTechnology
75Miuccia Prada65ItalyBusiness
76Carol Meyrowitz60United StatesBusiness
77Mary Meeker54United StatesTechnology
78Helene Gayle58United StatesPhilanthropy/NGO
79Tory Burch47United StatesFashion and Retail
80Patricia Harris57United StatesPhilanthropy/NGO
81Sun Yafang58ChinaTechnology
82Solina Chau52Hong KongPhilanthropy/NGO
83Yao Chen34ChinaCelebrity
84Judy Faulkner70United StatesHealth care
85Patricia Woertz61United StatesBusiness
86Lubna S. Olayan58Saudi ArabiaBusiness
87Hu Shuli61ChinaMedia
88Risa Lavizzo-Mourey59United StatesPhilanthropy/NGO
89Gisele Bundchen33BrazilCelebrity
90Gwynne Shotwell50United StatesConstruction & Engineering
91Sheikha Mayassa Al Thani31QatarPhilanthropy/NGO
92Kiran Mazumdar-Shaw61IndiaMedicine
93Sara Blakely43United StatesFashion and Retail
94Fatima Al Jaber44U.A.EBusiness
95Jennifer Li46ChinaMedia
96Folorunsho Alakija63NigeriaOil
97Weili Dai52United StatesTechnology
98Beth Brooke-Marciniak54United StatesBusiness
99Lila Tretikov36United StatesTechnology
100Greta Van Susteren59United StatesMedia


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