Forbes has released its list of the World’s 100 Most Powerful Women. According to Forbes, the annual list is “based less on traditional calculations of wealth and executive position, and more on creative influence and entrepreneurship.”
No. 1 on the list is 2010 is first lady Michelle Obama, followed by the CEO of Kraft Foods, Irene Rosenfeld. Oprah Winfrey is no. 3.
Other notables include German Chancellor Angela Merkel at no. 4, Ellen DeGeneres at no. 10, Twilight series author Stephenie Meyer at no. 49 and athletes Serena (at no. 55) and Venus Williams (no. 60).
According to New York Dailys, reports
It’s hard to keep a poker face over this news: Hillary Clinton barely outranks Lady GaGa on a list of the world’s most powerful women.
The globe-trotting Secretary of State landed the No. 5 spot in this year’s Forbes.com ratings, just two notches above the outrageous chart-topping singer.
The former senator – known for her pants suits – ranked 36th last year. The former Stefani Germanotta – known for her all-meat outfit – didn’t make the cut in 2009.
Lady GaGa moved from the Top 40 to the Forbes’ top 10 thanks to the introduction of a new process in ranking the world’s 100 most powerful women.
The new system mixed an earnings component with a “buzz factor,” as opposed to past lists focused more on wealth and executive position.
Soaring to the top spot was First Lady Michelle Obama, who was ranked a distant No. 40 in 2009.
Second was Krafts Food CEO Irene Rosenfeld, followed by the ubiquitous Oprah Winfrey at No. 3, German Chancellor Angela Merkel at No. 4 and Clinton at No. 5.
Merkel was named the previous year’s most powerful woman.
Rounding out the top 10 was a mix of business and show business: Pepsico CEO Indra Nooyi, Lady GaGa, Westpac CEO Gail Kelly, singer
Beyonce Knowles and talk show host Ellen DeGeneres.
Other bold-faced names included Sarah Palin (No. 16), Angelina Jolie (21), Arianna Huffington (28) and Chelsea Handler (33).
There were three news anchors: CBS’ Katie Couric (22), MSNBC’s Rachel Maddow (50) and ABC’s Christiane Amanpour. And there were two sisters: Tennis stars Serena (55) and Venus Williams (60).
“The women on our list, through their respective realms of power and influence, are shaping many of the agenda-setting conversations of our day,” said Moira Forbes, the vice president and publisher of Forbes Woman.
“They have built companies and brands, sometimes by non-traditional mean, and they have broken through gender barriers in areas of commerce, politics, sports and media.”