33. Lubna Olayan
Olayan Financial Group, CEO
2005 rank: 35
The highest-profile businesswoman in the Arab world doesn't mind not being able to drive in Saudi Arabia, but she is a longtime advocate of universal education and women's rights. This year she was vindicated, to a degree: The kingdom allowed women to run in elections. The 51-year-old also continues to manage the investments of her family's $1 billion conglomerate.
Call it the year of the Most Powerful Woman CEO. In fact the top seven positions on the 2006 list are held by chief executives.) (more)
Which corporate women raked it in - and how much did they earn? (more)