Forbes Magazine Releases List of Most Powerful People

Forbes Magazine released its list of the world’s most powerful people for 2013.

Russian President Vladimir Putin took the top spot, knocking President Barack Obama from the top spot to number two.

Pope Francis is among the newcomers to the list, landing at number four. German Chancellor Angela Merkel is the only woman in the top ten, she came in at number five.

Forbes says the ranking represents their scope of influence of financial resources compared to their peers.

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