Business World

Wednesday 21 March 2018

Swift pops up on 'most powerful women' list

Taylor Swift
Taylor Swift

Raziye Akkoc in London

Pop star Taylor Swift has been named one of the most powerful women in the world after making her first entrance in 'Forbes' Power Women List this year.

The 'Shake It Off' singer, whose millions of fans refer to themselves as Swifties, is ranked 64 and is also the youngest in the list.

Swift (25) has sold millions of records and cemented herself as one of the world's bestselling and most loved stars after her album, '1989', came out in October last year.

It was 2014's first album to go platinum and between its release on October 27 and November 2, '1989' made up 22pc of all albums sold in the US.

Such is her power, Swift is one of the most followed celebrities on Twitter with 58 million followers.


'Forbes' estimates her earnings last year were $64m (€59m) and there were rumours earlier this year that her legs were insured for $40m.

In the list of 100 women 'Forbes' magazine produces annually, Angela Merkel topped the list for the fifth time in a row.

The German chancellor has featured in the list 10 times during its 11 years.

The 100 women are chosen by the magazine's editors, and women from across the political, economic and media industries feature in the list.

Hillary Clinton, who could become the world's most powerful leader in 2016, moved from sixth place last year to second place this year.

The former US secretary of state and first lady, who announced her campaign to run for the Democratic nomination, remains the favourite to become the party's presidential candidate.

Last year's second, US Federal Reserve head Janet Yellen, comes in this year in fourth place.

Queen Elizabeth has dropped six places to 41 but there are more British women in the list than the previous year, with new entrants Nemat Shafik, Bank of England deputy governor (number 66) and the new 'Guardian' editor-in-chief from July this year, Katharine Viner (number 80).

Ms Shafik was appointed in March 2014 as part of the bank's drive to get more women in senior roles.

Melinda Gates, co-chairman of the Bill and Melinda Gates Foundation with her husband, remains in third place. She is another woman who has always made the list.

The philanthropist has long focused on working in developing countries to fight against malaria and ensuring better global health and education.

The top 10 is: 1. Angela Merkel, chancellor, Germany; 2. Hillary Rodham Clinton, US presidential candidate, former secretary of state; 3. Melinda Gates, co-chairman, Bill and Melinda Gates Foundation, US; 4. Janet Yellen, US Federal Reserve Bank Chair, US; 5. Mary Barra, General Motors chief executive, US; 6. Christine Lagarde, International Monetary Fund managing director, US; 7. Dilma Rousseff, Brazil president; 8. Sheryl Sandberg, Facebook chief operation officer, US; 9. Susan Wojcicki, YouTube chief executive, US;10. Michelle Obama, US first lady. (© Daily Telegraph, London)

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