Russian President Vladimir Putin again is the most powerful person in the world, according to Forbes.
Topping off a list that also includes the likes of President Barack Obama, Federal Reserve Chair Janet Yellen and Pope Francis, Putin took home the No. 1 ranking for the third year in a row. Obama, meanwhile, fell one spot to No. 3, edged out by German Chancellor Angela Merkel, who climbed up three spots from last year's fifth-place ranking.
In order to create the list, Forbes editors evaluated individuals based on four factors.
Each potentially powerful person was considered based on the financial resources they control, their ability to exert power over large numbers of people, whether they have power in multiple spheres of life and their active use of the power they have.
After the editors made four separate rankings for those categories, Forbes pulled together an average to make composite scores.
While people like Putin and Obama rank highly on a yearly basis, billionaire activist investor Carl Icahn and Republican presidential candidate Donald Trump were both new inclusions on the Forbes list this year.
Here's the Top 10:
1. Vladimir Putin – Russian president
2. Angela Merkel – German chancellor
3. Barack Obama – U.S. president
4. Pope Francis
5. Xi Jinping – Chinese president
6. Bill Gates – co-founder of Microsoft, the Bill & Melinda Gates Foundation
7. Janet Yellen – Federal Reserve chair
8. David Cameron – U.K. prime minister
9. Narendra Modi – Indian prime minister
10. Larry Page – Alphabet CEO
Topping off a list that also includes the likes of President Barack Obama, Federal Reserve Chair Janet Yellen and Pope Francis, Putin took home the No. 1 ranking for the third year in a row. Obama, meanwhile, fell one spot to No. 3, edged out by German Chancellor Angela Merkel, who climbed up three spots from last year's fifth-place ranking.
In order to create the list, Forbes editors evaluated individuals based on four factors.
Each potentially powerful person was considered based on the financial resources they control, their ability to exert power over large numbers of people, whether they have power in multiple spheres of life and their active use of the power they have.
After the editors made four separate rankings for those categories, Forbes pulled together an average to make composite scores.
While people like Putin and Obama rank highly on a yearly basis, billionaire activist investor Carl Icahn and Republican presidential candidate Donald Trump were both new inclusions on the Forbes list this year.
Here's the Top 10:
1. Vladimir Putin – Russian president
2. Angela Merkel – German chancellor
3. Barack Obama – U.S. president
4. Pope Francis
5. Xi Jinping – Chinese president
6. Bill Gates – co-founder of Microsoft, the Bill & Melinda Gates Foundation
7. Janet Yellen – Federal Reserve chair
8. David Cameron – U.K. prime minister
9. Narendra Modi – Indian prime minister
10. Larry Page – Alphabet CEO
Copyright 2015 U.S. News & World Report
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