46. Cathie Black
President
Hearst Magazines
2008 rank: 49
Age: 65
With the magazine industry's 2008 ad revenue down 7.6%, Hearst's 2.9% decline to $2.6 billion doesn't seem so bad. Black earns kudos for launching Food Network Magazine, which sold 900,000 copies of its first test issue.
NEXT: 47. Bonnie Hammer
