Girls really do run the world! Forbes released its annual list of the World's Most Powerful Women on Tuesday, May 26, putting a spotlight on some of the biggest names in business, politics, philanthropy, and, yes, entertainment. Naturally, both Beyonce and Taylor Swift are among the honorees.
Queen Bey ranks No. 21 on the list, ahead of Vogue editor-in-chief Anna Wintour (No. 28), but behind media mogul Oprah Winfrey (No. 12), whom Forbes describes as its "top ranking billionaire." (According to the magazine, her personal net worth is a whopping $3 billion.)
Further down the list are celebs including Ellen DeGeneres (No. 50), Angelina Jolie (No. 54), Sofia Vergara (No. 57), Shakira, (No. 81), and Swift (No. 65), who, at 25, is the youngest of the 100 honorees.
"The bona fide, cross-genre global megastar has not only broken record sales and captivated the world with her fantastically honest music, but she has proven herself as an impressive businesswoman," the mag says of the "Style" singer, citing her decision to pull her music from Spotify.
"As an entertainer, she has also changed the sometimes cruel culture of fame itself…Swift knows the key to making her voice and actions heard and taken seriously: getting her millions of fans to trust her," the mag adds. "It wasn't a difficult decision to put Swift on the list, and there's no denying that she's one of the most significant cultural influencers of our time."
Also on the list are entertainment execs like Universal Pictures Chairman Donna Langley (No. 58), whose studio is responsible for such blockbusters as Fifty Shades of Grey and Furious 7. She's joined by Fox Television Group CEO Dana Walden, among others.
The No. 1 spot, however, belongs to German Chancellor Angela Merkel, who also topped the list in 2014. Coming in at a close second is presidential hopeful and former Secretary of State Hillary Clinton.