Beyonce performing during the 2010 Billboard Music Awards

Singer Beyonce Knowles performs during the 2011 Billboard Music Awards at the MGM Grand Garden Arena May 22, 2011 in Las Vegas, Nevada.

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Forbes released its annual list of The World's 100 Most Powerful Women on Wednesday, and this year's ranking is topped by German chancellor Angela Merkel. Yet in the American political sphere, former first lady Hillary Clinton clocks in at number six -- two spots ahead of current first lady Michelle Obama.

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Of the media moguls, Oprah Winfrey beat out Anna Wintour, Bonnie Hammer and Arianna Huffington, while Sheryl Sandberg came out ahead of Marissa Mayer and Meg Whitman in the technology rankings.

The top female celebrity listed is Beyonce at number seventeen, followed by Sofia Vergara, Ellen Degeneres, Angelina Jolie, Shakira, Lady Gaga and Gisele Bundchen.

And in the business of fashion, Diane von Furstenberg, Miuccia Prada, Tory Burch and Sara Blakely are among those recognized.

See the full Forbes list here.

This story first appeared on THR.com

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