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Rising stars among world's most powerful women

  • <b>Sofia Vergara, actress / entrepreneur; #38 on Forbes' list (#75 last year)</b><br><br>The <i>Modern Family</i> star is the highest-paid actress on television after the cast of the hit show negotiated some hefty pay increases.<br><br>Vergara also sells a line of home goods and clothing, has several lucrative endorsement deals, operates a talent management agency, launched a social network in Latin America, and, just for good measure, sold a new TV series to ABC.
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    Sofia Vergara fera congeler ses ovules

    Sofia Vergara, actress / entrepreneur; #38 on Forbes' list (#75 last year)

    The Modern Family star is the highest-paid actress on television after the cast of the hit show negotiated some hefty pay increases.

    Vergara also sells a line of home goods and clothing, has several lucrative endorsement deals, operates a talent management agency, launched a social network in Latin America, and, just for good measure, sold a new TV series to ABC.
  • <b>Marillyn Hewson, President & CEO, Lockheed Martin; #34 (previously: unranked)</b><br><br>The Missouri native assumed her position at the head of the aerospace and defence giant in January, following a 30-year career in the company. She's spent much of her time since working with Congress to avoid budget cuts due to government sequestration.
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    Rising stars among most powerful women

    Marillyn Hewson, President & CEO, Lockheed Martin; #34 (previously: unranked)

    The Missouri native assumed her position at the head of the aerospace and defence giant in January, following a 30-year career in the company. She's spent much of her time since working with Congress to avoid budget cuts due to government sequestration.
    Courtesy Lockheed Martin
  • <b>Safra Catz, CFO, Oracle; #23 (previously: #48)</b><br><br>The Israeli-born co-President of the database software and hardware company has overseen " dozens of mega deals like the recent $1.9-billion purchase of human-resources software company Taleo," according to Forbes.
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    Safra Catz

    Safra Catz, CFO, Oracle; #23 (previously: #48)

    The Israeli-born co-President of the database software and hardware company has overseen " dozens of mega deals like the recent $1.9-billion purchase of human-resources software company Taleo," according to Forbes.
  • <b>Joyce Banda, President, Malawi #47 (previously: #71)</b><br><br>The second African female head of state overturned her land-locked country's ban on homosexuality and devalued its currency, the kwacha, on the advice of the IMF. To curb state spending in one of the world's poorest nations, she sold the presidential jet and a fleet of 60 Mercedes-Benz luxury cars.
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    Impoverished Malawi sells presidential jet for $15m

    Joyce Banda, President, Malawi #47 (previously: #71)

    The second African female head of state overturned her land-locked country's ban on homosexuality and devalued its currency, the kwacha, on the advice of the IMF. To curb state spending in one of the world's poorest nations, she sold the presidential jet and a fleet of 60 Mercedes-Benz luxury cars.
  • <b>Wu Yajun, chairperson, Longfor Properties; #48 (previously: unranked)</b><br><br>The former journalist is now the face of a real estate empire that brought in $4.4 billion in 2012 revenues. Her own fortune is estimated at $4.3 billion.
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    China's Richest Lawmakers

    Wu Yajun, chairperson, Longfor Properties; #48 (previously: unranked)

    The former journalist is now the face of a real estate empire that brought in $4.4 billion in 2012 revenues. Her own fortune is estimated at $4.3 billion.
    Photo: Longfor Properties
  • <b>Shiekha Lubna Al Qasimi, Minister of Foreign Trade, UAE; #67 (previously: #92)</b><br><br>As the first woman to hold a cabinet position in the wealthy Arab state, Al Qasimi has positioned herself as the face of the contemporary professional woman in the Middle East. She previously served as CEO for the first B2B e-market in the region, Tejari.
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    Cartier International Dubai Polo Challenge

    Shiekha Lubna Al Qasimi, Minister of Foreign Trade, UAE; #67 (previously: #92)

    As the first woman to hold a cabinet position in the wealthy Arab state, Al Qasimi has positioned herself as the face of the contemporary professional woman in the Middle East. She previously served as CEO for the first B2B e-market in the region, Tejari.
    Getty Images for Cartier
  • <b>Tory Burch, fashion designer, #69 (previously: unranked</b><br><br>Burch's line of women's clothing brought in $800 million in revenues in 2012, pushing her net worth into 10 figures. According to Forbes, she is the second-youngest self-made female billionaire in America.
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    Lincoln Center Presents: An Evening With Ralph Lauren Hosted By Oprah Winfrey - Arrivals

    Tory Burch, fashion designer, #69 (previously: unranked

    Burch's line of women's clothing brought in $800 million in revenues in 2012, pushing her net worth into 10 figures. According to Forbes, she is the second-youngest self-made female billionaire in America.
    Getty Images for Ralph Lauren
<b>Sofia Vergara, actress / entrepreneur; #38 on Forbes' list (#75 last year)</b><br><br>The <i>Modern Family</i> star is the highest-paid actress on television after the cast of the hit show negotiated some hefty pay increases.<br><br>Vergara also sells a line of home goods and clothing, has several lucrative endorsement deals, operates a talent management agency, launched a social network in Latin America, and, just for good measure, sold a new TV series to ABC.
<b>Marillyn Hewson, President & CEO, Lockheed Martin; #34 (previously: unranked)</b><br><br>The Missouri native assumed her position at the head of the aerospace and defence giant in January, following a 30-year career in the company. She's spent much of her time since working with Congress to avoid budget cuts due to government sequestration.
<b>Safra Catz, CFO, Oracle; #23 (previously: #48)</b><br><br>The Israeli-born co-President of the database software and hardware company has overseen " dozens of mega deals like the recent $1.9-billion purchase of human-resources software company Taleo," according to Forbes.
<b>Joyce Banda, President, Malawi #47 (previously: #71)</b><br><br>The second African female head of state overturned her land-locked country's ban on homosexuality and devalued its currency, the kwacha, on the advice of the IMF. To curb state spending in one of the world's poorest nations, she sold the presidential jet and a fleet of 60 Mercedes-Benz luxury cars.
<b>Wu Yajun, chairperson, Longfor Properties; #48 (previously: unranked)</b><br><br>The former journalist is now the face of a real estate empire that brought in $4.4 billion in 2012 revenues. Her own fortune is estimated at $4.3 billion.
<b>Shiekha Lubna Al Qasimi, Minister of Foreign Trade, UAE; #67 (previously: #92)</b><br><br>As the first woman to hold a cabinet position in the wealthy Arab state, Al Qasimi has positioned herself as the face of the contemporary professional woman in the Middle East. She previously served as CEO for the first B2B e-market in the region, Tejari.
<b>Tory Burch, fashion designer, #69 (previously: unranked</b><br><br>Burch's line of women's clothing brought in $800 million in revenues in 2012, pushing her net worth into 10 figures. According to Forbes, she is the second-youngest self-made female billionaire in America.
Updated

Forbes released their annual ranking of the world's most powerful women, and German Chancellor Angela Merkel once again topped the list. But who were some of the newcomers and fast-risers?