Swift makes Most Pow­er­ful women list

Lesotho Times - - Lifestyle -

LOS AN­GE­LES — Tay­lor Swift ( pic­tured) has been named one of the most pow­er­ful women in the world af­ter mak­ing her first en­trance in Forbes’ World’s Most Pow­er­ful Women list this year. The 25-year-old US singer was ranked num­ber 64 on the list for 2015, and is also the youngest. Forbes, which has put to­gether the list since 2004, de­fended the choice ex­plain­ing Swift has “not only bro­ken record sales and cap­ti­vated the world with her f an­tas­ti­cally hon­est lyrics, but she has proven her­self as an im­pres­sive busi­ness­woman.” It is billed as the mag­a­zine’s “de­fin­i­tive an­nual au­dit of the fore­most heads of state, iconic en­trepreneurs and CEOS, celebrity role mod­els, bil­lion­aire ac­tivists, and pi­o­neer phi­lan­thropists, all ranked by money, me­dia mo­men­tum, spheres of in­flu­ence and im­pact.”

Swift, a seven-time Grammy win­ner, has sold more than 40 mil­lion al­bums and 100 mil­lion sin­gle down­loads world­wide — mak­ing her one of the best-sell­ing artist of all time and now the youngest en­try on the list by six years.

Swift is one of the most fol­lowed celebri­ties on Twit­ter with 58 mil­lion fol­low­ers. Forbes es­ti­mates her earn­ings in 2014 to be $81 mil­lion.

“The bona fide, cross­genre global megas­tar has not only bro­ken record sales and cap­ti­vated the world orld with ith h her ffan­tas­ti­cal­lyt­till hhon­estt mu­sic, but she has proven her­self as an im­pres­sive busi­ness­woman,” Forbes wrote about Swift.

“Late last year, the pop-coun­try singer pulled her en­tire cat­a­logue from Spo­tify, mak­ing at a strike for the no­tion that stream­ing ser­vices don’t ad­e­quately com­pen­sate artists.”

Swift’s stand against the ubiq­ui­tous stream­ing ser­vice was fore­shad­owed by an opin­ion piece about the mu­sic in­dus­try she wrote for the Wall Street Jour­nal last year point­ing out the im­por­tance of “fan power.”

For the fifth year in a row, Ger­man Chan­cel­lor An­gela Merkel topped the list, but for the first time Hil­lary Clin­ton is snap­ping at her heels.

Be­hind them came Melinda Gates, who cochairs the Bill and Melinda Gates Foun­da­tion with her bil­lion­aire phi­lan­thropist hus­band, US fed­eral Re­serve Chair Janet Yellen and Gen­eral Mo­tors CEO Mary Barra.

IMF chief Christine La­garde was in sixth place and Brazil­ian Pres­i­dent Dilma Rouss­eff came in sev­enth.

The top 10 was rounded out by Face­book COO Sh­eryl Sand­berg (8), Su­san Wo­j­ci­cki, CEO of Youtube (9) and US First Lady Michelle Obama.

The an­nual list of the world’s 100 most pow­er­ful women in­cludes lead­ers in eight cat­e­gories — tech­nol­ogy, pol­i­tics, busi­ness, fi­nance, me­dia, en­ter­tain­ment, phi­lan­thropy and bil­lion­aires.

Clin­ton, the for­mer first lady and one­time US sec­re­tary of state, who in April an­nounced her sec­ond run for the White House, was listed at num­ber six last year.

“In 2015 Clin­ton is num­ber two, just a breath and a bal­lot away from the Most Pow­er­ful Woman crown,” Forbes said.

The mag­a­zine has put the Ger­man chan­cel­lor on the list 10 times in the past 12 years.

Swift is one of 19 new­com­ers to the list, joined by EU for­eign pol­icy chief Fed­er­ica Mogherini, num­ber 36; US At­tor­ney Gen­eral Loretta Lynch, num­ber 34; and in­com­ing Guardian edi­tor-in-chief Katharine Viner at num­ber 80.

Fifty-nine per cent of those on the list are Amer­i­can, in­clud­ing sev­eral im­mi­grants.

There are 18 from the Asia-pa­cific re­gion, 12 from Europe, four each from Latin Amer­ica and the Mid­dle East and three Africans.

The mag­a­zine said the list fea­tures eight heads of state and one monarch, who gov­ern na­tions with a com­bined GDP of $11.6 tril­lion and 15 bil­lion­aires with a to­tal net worth of more than $94.8 bil­lion.

The top rank­ing bil­lion­aire this year is Oprah Win­frey at num­ber 12, with a per­sonal net worth of $3.8 bil­lion.

Win­frey is one of 15 bil­lion­aires on the list this year, with a cu­mu­la­tive net worth of nearly $75 mil­lion.

The to­tal so­cial me­dia foot­print of all 100 Power Women is nearly 475 mil­lion fol­low­ers.

The top 15 of the Pow­er­ful Women

World’s Most An­gela Merkel, chan­cel­lor, Ger­many Hil­lary Rod­ham Clin­ton, pres­i­den­tial can­di­date; for­mer sec­re­tary of state Melinda Gates, co-chair­man, Bill & Melinda Gates Foun­da­tion, US Janet Yellen, US Fed­eral Re­serve Bank Chair, U.S. Mary Barra, Gen­eral Mo­tors chief ex­ec­u­tive, US Christine La­garde, In­ter­na­tional Mon­e­tary Fund man­ag­ing direc­tor, US Dilma Rouss­eff, Brazil pres­i­dent Sh­eryl Sand­berg, Face­book chief op­er­a­tion of­fi­cer, US Su­san Wo­j­ci­cki, Youtube chief ex­ec­u­tive, US Michelle Obama, US first lady Park Geun-hye, South Korea pres­i­dent Oprah Win­frey, me­dia mogul, US Vir­ginia Rometty, IBM chief ex­ec­u­tive, US Meg Whit­man, HP chief ex­ec­u­tive, US In­dra Nooyi, Pep­sico chief ex­ec­u­tive, US

— AFP

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