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Eighteen Asian women earned a spot on the list including American Andrea Jung, CEO of Avon Cosmetics, who is of Asian parentage.
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She was also the South African face of Avon cosmetics.
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She had moved to Johannesburg six years ago after she was chosen to become the first face of Avon cosmetics in South Africa, her profile on the show's website says.
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Avon was another cosmetics company to report earnings this month, however its sales suffered in China and Russia, where Lauder saw gains.
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When Avon, a cosmetics firm, noticed an influx of Koreans into Atlanta, Georgia, it hired some Korean women to sell its lipsticks and scents.
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Tiffany's image and sales both suffered in the early 1980s when it was briefly part of Avon, a downmarket cosmetics group.
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She served as a presenter for FashionTV in South Africa, was an FHM cover girl and was the face of cosmetics company Avon.
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Avon shares surged Wednesday after the cosmetics seller announced its CEO, Andrea Jung, was stepping down.
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With cosmetics growth like that, Avon should simply be performing better.
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The Avon lady created one of the biggest global cosmetics houses.
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And Avon employs 42, 000 to manufacture all those cosmetics and to ride herd on the sales reps.
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Avon is going further: having finally received permission to resume direct sales in February, the American cosmetics group has already recruited over 114, 000 sales agents.
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