Most Powerful Women

Now in its 29th year, the Fortune Most Powerful Women list highlights the leaders commanding boardrooms, markets, and industries. And for the first time since 2024, we have a new No. 1. 

Citigroup chair and CEO Jane Fraser has ascended to the top spot, five years after she got Citi’s corner office. Fraser broke Wall Street’s glass ceiling when she became the first woman CEO of a major bank in 2021. 

The women on this list are leaders at 94 companies with a combined 11.8 million employees and $7.3 trillion in annual revenue. They hold 180 board seats and work across 20 countries and territories. (Behind the U.S., the countries with the highest number of Most Powerful Women listees are China, with nine, and France and the U.K., with six each.) 

Read more about the 2026 list at the link below.