Turkish tycoon makes Forbes’ most powerful women list
Turk sh bus ness tycoon Guler Sabanc s among the world’s most powerful women, accord ng to U.S. bus ness magaz ne Forbes. Sabanc , cha rman and manag ng d rector of Sabanc Hold ng, Turkey’s second-largest conglomerate, s ranked number 64
on Forbes’ 100 Most Powerful Women l st. Sabanc s the f rst woman to run Sabanc Hold ng, wh ch ncludes bank ng, energy, reta l, and nsurance. She s also the found ng pres dent of Sabanc Un vers ty and cha r of the Sabanc Foundat on, Turkey’s largest pr vate char ty. Desp te the fa led coup attempt of 2016, that year the company helped construct a new coal-f red power plant, the largest n Turkey. German Chancellor Angela Merkel was named the world’s most powerful woman for the e ghth consecut ve year, and 13 t mes n total. Merkel was followed by Br t sh Pr me M n ster Theresa May and Chr st ne Lagarde, manag ng d rector of the Internat onal Monetary Fund. Sabanc leapfrogged over such f gures as EU fore gn pol cy ch ef Feder ca Mogher n , pop star Taylor Sw ft, and 23-t me Grand Slam w nner Serena W ll ams.