Rousseff: The Highest-Ranking Latina on Forbes’ Most Powerful Women List

Dilma Rousseff is not only the most powerful Latina in the world… But, she’s inching her way to being the most powerful woman on the planet.

The 65-year-old Brazilian politician, who has served as her nation’s president – the first woman to hold the office – since January 2011, comes in at No. 2 on Forbes magazine’s annual list of World’s Most Powerful Women.

Dilma Rousseff

Rousseff, who ranked No. 3 on last year’s list, comes in behind only German Chancellor Angela Merkel, this year.

Currently at the midpoint of her first term as president, Rousseff heads the world’s seventh-largest national economy (GDP $2.4 trillion). Despite Brazil’s size, she has been tasked with helping pull the country out of its slowest two years of growth in more than a decade. Her emphasis on entrepreneurship has inspired a new generation of startups.

This year, Rousseff has a new ally in the first-ever Brazilian director-general of the World Trade Organization, Roberto Azevedo, who was confirmed in Geneva in early May.

Maria das Graças Silva Foster

Maria das Graças Silva Foster, another Brasilenia on the list, ranks at No. 18 this year, two spots higher than last year.

The 59-year-old Brazilian business executive and chemical engineer serves as the CEO of Petrobras-Petróleo Brasil, Brazil’s state-controlled oil company.

das Graças Silva Foster last year took over the largest company in the Southern Hemisphere by sales ($144 billion) and market value ($120 billion). In 2012 Petrobras produced about 2 million barrels of crude oil daily, and she expects similar levels this year as it develops oil trapped in the Campos Basin in the Atlantic, one of the world’s most promising oil frontiers.

Cristina Fernandez de Kirchner

The third Latina on the list is Argentina’s lady in charge, Cristina Fernandez de Kirchner.

The 60-year-old Argentinean president comes in at No. 26 on the list, a drop of 10 spots from last year.

Fernandez de Kirchner, halfway through her second term, is facing some headaches, including massive street demonstrations and accusations that Argentina has been covering up runaway inflation by underreporting the country’s annual rate.

Sofia Vergara

Meanwhile, the first Latina celebrity to make the cut is Sofia Vergara.

The 40-year-old Colombian actress and entrepreneur registers one of the biggest leaps on the list, moving up 37 spots to No. 38.

Vergara, who ranked No. 75 last year, is the top-earning actress on television and the face of a sweeping trend to capture the $1 trillion Hispanic market.

As a member of the cast of ABC’s Modern Family, Vergara is at the top of her game.

In addition to the show, her line of clothing and home goods sold at Kmart is thriving and endorsement deals with Diet Pepsi, CoverGirl, Rooms to Go and thyroid medicine Synthroid make her one of the most in-demand spokespeople.

Behind the scenes Vergara is a cofounder of a 17-year-old talent management and new media company, LatinWE, which pulled in an estimated $27 million last year and which recently launched a social network, NuevoWorld, to connect Latino celebs with their fans.

In May ABC announced that a new series executive produced by Vergara, Killer Women, an adaptation of an Argentine soap opera, will be in its Fall 2013 lineup.

Here’s a look at the other Latinas on the list…

No. 35 Mary Barra, SVP, Global Product Development, General Motors

No. 52 Shakira Mebarak, Actress and Philanthropist

No. 66 Rosalía Mera, Businesswoman, Entrepreneur and Billionaire

No. 95 Gisele Bündchen, Model and Philanthropist

Full list of the 100 women who represent agents of change in the world can be obtained on Forbes.com.

Rousseff: The Top Latina on Forbes’ Most Powerful Women List

Following her dramatic rise to the top of the heap last year, Dilma Rousseff is holding steady as la Latina mas poderosa en el mundo

The 64-year-old Brazilian president—the first woman to hold that office—has been named to Forbes magazine’s list of the most powerful women in the world.

Dilma Rousseff

Rousseff, the leader of one of the world’s largest economies, ranks at No. 3 on the list behind Germany’s Chancellor Angela Merkel and U.S. Secretary of State Hillary Clinton. The three women occupy the exact same position they held on last year’s list.

In selecting her as one of the most powerful women, Forbes highlighted Rousseff’s ambitious work at the mid-point of her first term as president, launching two aggressive programs meant to reverse the still-strong but shrinking national GDP.

Brasil Sem Miséria is a Great Society-type program aimed at ridding dire poverty in Brazil and increasing access to education, medical care and sanitation services to those in need by 2014. A second initiative centers on business growth and innovation, including protectionist tariffs on imports, subsidies for exports and incentivizing micro and small businesses.

“What I want my legacy to be is this country to be increasing middle class, to be highly competitive and highly educated,” Rousseff told Forbes.

A June poll put Rousseff’s approval rating at 77%, and she is predicted to win a second four-year term in 2014.

Further down the list, Cristina Fernandez de Kirchner has moved up a spot from last year’s list to occupy the No. 16 position.

Cristina Fernandez de Kirchner

The 59-year-old Argentine president was re-elected to a second term in a landslide election last year. She caused quite a stir this summer when she approved ads for Argentina’s Olympic team that disputed British sovereignty over the Falkland Islands. Tensions between the Olympic host nation and Argentina have been boiling over since Fernandez renewed her country’s claim to the islands on June 13th, the 30th anniversary of the Falklands War.

Under her administration the economy sharply grew—the GDP is up 37% since 2007 at $725—pension and child welfare benefits increased and the poverty rate has fallen steadily.

Meanwhile, Jennifer Lopezthe “world’s most powerful celebrity”—ranks as the most powerful Latina superstar on this year’s list.

Jennifer Lopez

The 43-year-old Puerto Rican multi-hyphenate, who recently decided to walk away from her cushy American Idol gig, ranks at No. 38 in her debut listing on this Forbes list.

Lopez earned approximately $52 million last year with projects in a number of diverse fields that go beyond singing and acting, including successful fragrance and clothing lines and several lucrative endorsement deals.

She’s even produced and starred in her own Latin talent competition show Q’Viva! and she’s developing an hour-long drama for ABC Family. And, this summer she kicked off her first international music tour, which she plans to release as a 3D concert film.

“I’m a little bit tired now, I’m not going to lie,” Lopez admitted to Forbes.

Here’s a look at other Latinas making this year’s list:

No. 20 Petrobras-Petróleo Brasil CEO Maria das Graças Silva Foster
No. 40 Colombian singing sensation Shakira
No. 41 General Motors’ SVP, Global Product Development Mary Barra
No. 54 Spanish Investor & Philanthropist Rosalia Mera
No. 75 Colombian actress Sofia Vergara
No. 83 Brazilian supermodel Gisele Bündchen

Click here to see Forbes’ complete list of the world’s most powerful women.