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'The golden years are not golden': Boomers are hoarding most of America's wealth and power because they're terrified of outliving their money

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Gen Zers are arriving at college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates

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Trump stunned as stocks fall on great jobs report. Barclays explains why ‘we are entering the warning zone'

1

'The golden years are not golden': Boomers are hoarding most of America's wealth and power because they're terrified of outliving their money

2

Gen Zers are arriving at college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates

3

Trump stunned as stocks fall on great jobs report. Barclays explains why ‘we are entering the warning zone'
MPWMost Powerful Women

Fortune’s Most Powerful Women: The 25 highest-paid women

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October 10, 2013, 7:53 AM ET

Safra A. Catz

Catz's responsibilities at the software giant are far-reaching. She has been the company's president since 2004, a title she now shares with ex-HP chief Mark Hurd. In 2011, she also took on the CFO job -- a position she held before, in the mid-2000s. As if that weren't enough, Catz also heads up the company's prolific mergers and acquisitions machine. She can take credit for close to 100 deals representing tens of billions of dollars. It's little wonder, then, that Catz regularly tops the ranks of highest paid women. According to Oracle's latest proxy, her compensation for the last fiscal year exceeded $50 million.

Marissa Mayer

Marissa Mayer

Not many CEOs can juggle buying a nearly revenueless company (Tumblr) for $1 billion, pose for a glam photo shoot (in Vogue), and devote a weekend to a task more suited to graphic designers (craft a new logo). Suffice it to say, not many CEOs are Marissa Mayer. Investors are happy: the stock is up 111% in the past 12 months, which has, in turn, lifted Mayer's fortunes. Her 2012 total pay, including stock option awards, was $36.6 million, according to Equilar, a specialist in executive compensation data.

Sheryl K. Sandberg

Sheryl K. Sandberg

This year the charismatic operating chief launched Lean In, a bestselling book/movement that made her a global celebrity (see related story). And she sent Facebook into the mobile computing game; $2 of every $5 in revenue is from mobile, vs. nothing in 2012.

Wellington J. Denahan

Wellington J. Denahan

Sharen J. Turney

Sharen J. Turney

Elizabeth A. Smith

Elizabeth A. Smith

Irene B. Rosenfeld

Irene B. Rosenfeld

Carol Meyrowitz

Carol Meyrowitz

Meyrowitz has continued the $26-billion-in-revenue retailer's hot streak: five consecutive years of customer traffic gains, and 17 consecutive years of EPS growth. In September the company launched a new T.J. Maxx e-commerce site.

Jane Elfers

Jane Elfers

Margaret C. Whitman

Virginia M. Rometty

Virginia M. Rometty

Renee J. James

Renee James

Mary C. Erdoes

Mary Erdoes

The "London Whale" disaster triggered multiple investigations, but J.P. Morgan Chase is posting record earnings. Erdoes's business, with $2.2 trillion under management, is a major contributor. For the first six months of 2013, her unit posted profits of $987 million, a 27% increase.

Sheri McCoy

Sheri McCoy

Angela F. Braly

Angela F. Braly

Ellen J. Kullman

Ellen J. Kullman

Kay Krill

Kay Krill

Indra K. Nooyi

Indra K. Nooyi

Jackwyn L. Nemerov

Jackwyn L. Nemerov

Debra A. Cafaro

<h1>Debra A. Cafaro</h1>

Laura J. Alber<

Laura J. Alber

Ursula M. Burns

Ursula M. Burns

Kathryn F. Fagan

Kathryn F. Fagan

Carrie L. Tolstedt

Carrie L. Tolstedt

Rosalind G. Brewer

Rosalind G. Brewer

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