The Unveiling of 2024’s Powerhouses

Forbes has released its 21st annual ranking of the 100 most powerful women, spotlighting extraordinary female leaders driving change across business, technology, finance, media, politics, and philanthropy. This highly anticipated list reflects not just authority, but the profound influence these women wield in shaping global progress.

The Leading Ladies of 2024

Ursula von der Leyen Leads Once Again, with Fresh Faces in the Top Five

Once again, Ursula von der Leyen, President of the European Commission, claims the top position, marking her third year at number one. Following closely is Christine Lagarde, President of the European Central Bank, in second place. Italy’s first female Prime Minister, Giorgia Meloni, lands in third, while Mexico celebrates a historic milestone with Claudia Sheinbaum becoming the first woman to lead the country—and a debut in the top five.

Women Transforming Power Dynamics

“As traditional power structures evolve, the women on this year’s list are redefining what it means to hold influence,” says Moira Forbes, Executive Vice President of Forbes. “Whether in tech, culture, finance, or policy, these leaders are at the forefront of transformation, showing us that power today is multifaceted and deeply impactful.”

A Year of Change and Challenges

The 2024 list captures a moment of global transition, highlighting shifts in leadership amid heightened geopolitical tensions. While the departures of U.S. Vice President Kamala Harris, Treasury Secretary Janet Yellen, and UN Ambassador Linda Thomas-Greenfield mark the end of significant tenures, new names have emerged. Among them are Judith Suminwa Tuluka, the first female president of the Democratic Republic of Congo, and Mexico’s Claudia Sheinbaum, celebrated for breaking barriers in her nation.

Leadership in Action

Maggie McGrath, editor of ForbesWomen, emphasizes the diverse ways women are shaping the future. “At a time when many still question if a woman could ever lead the highest office in the United States, this list is undeniable proof of the powerful leadership roles women already command,” she explains. Standout figures include India’s Finance Minister Nirmala Sitharaman, NVIDIA CFO Colette Kress, and UK Chancellor of the Exchequer Rachel Reeves, all of whom are steering pivotal sectors and economies into the future.

How the Rankings Were Determined

Forbes used four core metrics to evaluate this year’s list: financial resources, media presence, global impact, and breadth of influence. The result is a comprehensive look at builders, disruptors, and visionaries whose work defines modern leadership.

A Glimpse at Rising Stars

One of the most notable newcomers is Thailand’s Prime Minister Paetongtarn Shinawatra, who ranks 29th. Taking office in August 2024 as the nation’s youngest-ever head of government at age 38, she has navigated political turbulence with remarkable poise. Before her political career, Shinawatra played a key role in her family’s business empire, stepping away from those responsibilities to lead her country during a pivotal era.

Young Leaders Shaping the Future

At just 22 years old, WNBA sensation Caitlin Clark closes out the list at number 100. As the youngest honoree, Clark represents a new generation of influence—one that combines athletic excellence, media presence, and a commitment to inspiring others both on and off the court.

This year’s list underscores a powerful truth: the landscape of influence is changing, and women are not just part of the conversation—they’re leading it. From seasoned leaders to rising stars, 2024’s most powerful women remind us of the endless possibilities when vision meets determination.

Rohan Kapoor