Women in tech shine on Forbes Most Powerful list

Three of the top ten women on the Forbes’ 100 most Powerful Women list 2016 are women who have made their mark in technology. Altogether 16 women in tech feature on the list. German Chancellor Angela Merkel is still the most powerful woman in the world, followed by the US presidential candidate Hillary Clinton, who will certainly replace Merkel at the top spot should she be elected US president.

It is the sixth year running that Merkel occupies the top position and the tenth time in her career. Janet Yellen, chair of the Federal Reserve is in the third place.

For the fifth year running, Facebook COO Sheryl Sandberg has been named the most powerful woman in technology on the Forbes list, coming in at No. 7 overall. Forbes notes that Sandberg is powerful not only as a billionaire and top executive at the world’s fifth most valuable brand, but also as a voice for female empowerment in the workplace and shared responsibilities at home.

The survey features 100 women from 29 countries who represent sectors such as politics, business, finance, technology and philanthropy. According to Forbes, the women on the list control $1 trillion in revenue and influence more than 3.6 billion people around the world. German Chancellor Angela Merkel is said to directly control the $3.3 trillion GDP of Germany and also exercise much influence on the $16.2 trillion economy of the European Union.

The world’s most powerful women count amongst them 12 world leaders, including Queen Elizabeth II of Britain, two first ladies and two top-seed diplomats, 32 CEOs and 11 billionaires.

Sixteen positions on the list are taken up by the most successful and influential women in tech at present, four of whom are from China. They are:

• Facebook COO, Sheryl Sandberg (5)
• YouTube CEO, Susan Wojcicki (8)
• HP CEO, Meg Whitman (9)
• IBM CEO, Ginni Rometty (11)
• Apple Senior VP, Angela Ahrendts (15)
• Oracle co-CEO, Safra Catz (20)
• Alphabet CFO, Ruth Porat (27)
• Xerox CEO, Ursula Burns (34)
• Cofounder of Alibaba and CEO of affiliate Ant Financial Services Group, Lucy Peng (35)
• Microsoft CFO, Amy Hood (44)
• Yahoo CEO, Marissa Mayer (55)
• Hong Kong billionaire Zhou Qunfei, Chair of Lens Technology (61)
• SpaceX COO, Gwynne Shotwell (76)
• Cofounder of Hong Kong-based Horizon Ventures, Solina Chau (81)
• Partner, Kleiner Perkins Caufield & Byers, Mary Meeker (86)
• Managing partner of Singapore’s GGV Capital, Jenny Lee (100)