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Fortune
Fortune
Emma Hinchliffe

The Most Powerful People in Business list doesn't include female founders—yet

In today’s edition: the impact of BLS turmoil, Martha Stewart gets into skincare, and this year’s Most Powerful People in Business.

– Power moves. For the second year in a row, Fortune has ranked the 100 Most Powerful People in Business. This list runs alongside our longstanding Most Powerful Women franchise—and once again shows why it’s still important to cover business’s Most Powerful Women on their own.

Of 105 people on the Most Powerful People list (there are some ties), 19 are women. They’re woven into the ranking in the same order they appear on our 2025 Most Powerful Women list, published in May. The top woman on the MPW list, GM chief Mary Barra, comes in at No. 10 on the Most Powerful People list. She’s preceded by today’s business titans—Jamie Dimon, Sam Altman, Elon Musk, Mark Zuckerberg, Satya Nadella, and, at No. 1 this year, Nvidia’s Jensen Huang.

While Silicon Valley founders like Zuckerberg and Altman appear high on the ranking, the top women in business are mostly career executives. (After Barra, there’s Accenture’s Julie Sweet, Citi’s Jane Fraser, and AMD’s Lisa Su.) The only female founder who makes the MPP list is Anthropic’s Daniela Amodei, who appears alongside her brother and co-founder Dario Amodei.

The female founders like Mira Murati, Fei-Fei Li, and Canva’s Melanie Perkins who have become mainstays on the MPW list are poised to build generational companies like OpenAI and Meta—but are still on the way there. A few years from now, perhaps they’ll dominate the top of the ranking, too.

Emma Hinchliffe
emma.hinchliffe@fortune.com

The Most Powerful Women Daily newsletter is Fortune’s daily briefing for and about the women leading the business world. Subscribe here.

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