Obama topped by Putin, Merkel for world's most powerful person

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Putin Tops Most Powerful People List

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.

See photos of Putin and Obama together through the years:

17 PHOTOS
Obama and Putin's awkward meetings through the years
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Obama topped by Putin, Merkel for world's most powerful person
FILE - In this Monday, Nov. 16, 2015 file photo, U.S. President Barack Obama, right, talks with Russian President Vladimir Putin, left, prior to a session of the G-20 Summit in Antalya, Turkey. The tide of global rage against the Islamic State group lends greater urgency to ending the jihadisâ ability to operate at will from a base in war-torn Syria. That momentum could also force a reevaluation of what to do about President Bashar Assadâs future and puts a renewed focus on the position of his key patrons, Russia and Iran. (Kayhan Ozer/Anadolu Agency via AP, Pool, File)
Russian President Vladimir Putin, left, and U.S. President Barack Obama shake hands at the COP21 UN Conference on Climate Change in Paris, France, Monday, Nov. 30, 2015. (Mikhail Klimentyev/Sputnik, Kremlin Pool Photo via AP)
United States President Barack Obama, right, and Russia's President President Vladimir Putin pose for members of the media before a bilateral meeting Monday, Sept. 28, 2015, at United Nations headquarters. (AP Photo/Andrew Harnik)
U.S. President Barack Obama, right, gestures while speaking to Russian President Vladimir Putin before a bilateral meeting at United Nations headquarters in New York, Monday, Sept. 28, 2015. (Mikhail Klimentyev, RIA-Novosti, Kremlin Pool Photo via AP)
Russian President Vladimir Putin, right, passes by US President Barack Obama at the Asia-Pacific Economic Cooperation (APEC) Summit, Tuesday, Nov. 11, 2014 in Beijing. (AP Photo/RIA Novosti, Presidential Press Service)
Leaders pose for a group photo at the Asia-Pacific Economic Cooperation (APEC) summit at the International Convention Center in Yanqi Lake, Beijing, on Tuesday, Nov. 11, 2014. Among those pictured are, left to right: Brunei's Sultan Hassanal Bolkiah; Papua New Guinea Prime Minister Peter O'Neil; Indonesia's President Joko "Jokowi" Widodo; Japanese Prime Minister Shinzo Abe; U.S. President Barack Obama; Australian Prime Minister Tony Abbott; Chinese President Xi Jinping; Malaysia Prime Minister Najib Razak; Russian President Vladimir Putin; New Zealand Prime Minister John Key. (AP Photo/Ng Han Guan)
BEIJING, CHINA - NOVEMBER 10: U.S. President Barack Obama (L) and Russian President Vladimir Putin (R) attend a family photo ceremony during the APEC Leaders meeting November 10, 2014 in Beijing, China. The APEC Summit hosted 1500 economic leaders in Beijing to deliberate key issues facing the Asia-Pacific economy. (Photo by Sasha Mordovets/Getty Images)
SAINT PETERSBURG - SEPTEMBER 05: U.S. President Barack Obama (R) greets Russian President Vladimir Putin at the G20 summit on September 5, 2013 in St. Petersburg, Russia. The G20 summit is expected to be dominated by the issue of military action in Syria while issues surrounding the global economy, including tax avoidance by multinationals, will also be discussed during the two-day summit. (Photo by Sasha Mordovets/Getty Images)
Russia's President Vladimir Putin, left, shakes hands with U.S. President Barack Obama during arrivals for the G-20 summit at the Konstantin Palace in St. Petersburg, Russia on Thursday, Sept. 5, 2013. The threat of missiles over the Mediterranean is weighing on world leaders meeting on the shores of the Baltic this week, and eclipsing economic battles that usually dominate when the G-20 world economies meet. (AP Photo/Dmitry Lovetsky)
Russias President Vladimir Putin (L) walks past US President Barack Obama as he arrives to pose for the family photo during the G20 summit on September 6, 2013 in Saint Petersburg. World leaders at the G20 summit on Friday failed to bridge their bitter divisions over US plans for military action against the Syrian regime, with Washington signalling that it has given up on securing Russia's support at the UN on the crisis. AFP PHOTO / JEWEL SAMAD (Photo credit should read JEWEL SAMAD/AFP/Getty Images)
FILE - In this Monday, June 17, 2013 file photo President Barack Obama meets with Russian President Vladimir Putin in Enniskillen, Northern Ireland. In an interview with the Associated Press on Tuesday Sept. 3, 2013 Putin sought to downplay the current chill in the U.S.-Russian relations and said that the two countries need to cooperate on a range of issues in the interests of global stability. (AP Photo/Evan Vucci, File)
FILE - In this June 17, 2013, file photo, President Barack Obama meets with Russian President Vladimir Putin in Enniskillen, Northern Ireland. The White House is considering canceling a fall summit between President Barack Obama and Russian President Vladimir Putin in Moscow, a move that would further aggravate the already tense relationship between the two leaders. The White House is dangling that option over the Russians as Moscow considers a temporary asylum petition from Edward Snowden, the American accused of leaking information about classified U.S. intelligence programs.(AP Photo/Evan Vucci, File)
ENNISKILLEN, NORTHERN IRELAND - JUNE 18: Leaders (L-R) Russia's President Vladimir Putin, Britain's Prime Minister David Cameron, US President Barack Obama stand for the 'family' group photograph at the G8 venue of Lough Erne on June 18, 2013 in Enniskillen, Northern Ireland. The two day G8 summit, hosted by UK Prime Minister David Cameron, is being held in Northern Ireland for the first time. Leaders from the G8 nations have gathered to discuss numerous topics with the situation in Syria expected to dominate the talks. (Photo by Matt Cardy/Getty Images)
G8 leaders from center rear clockwise, Britain's Prime Minister David Cameron, US President Barack Obama, French President Francois Hollande, Canadian Prime Minister Stephen Harper, Italian Prime Minister Enrico Letta, European Council President Herman Van Rompuy, European Commission President Jose Manuel Barroso, Japan's Prime Minister Shinzo Abe, German Chancellor Angela Merkel and Russian President Vladimir Putin attend a working session during the G-8 summit at the Lough Erne golf resort in Enniskillen, Northern Ireland on Tuesday, June 18, 2013. (AP Photo/Yves Herman, Pool)
FILE - In this June 18, 2012, file photo President Barack Obama and Russiaâs President Vladimir Putin, left, go to shake hands during their bilateral meeting at the G20 Summit in Los Cabos, Mexico. In a few days' worth of opportunistic diplomacy, Vladimir Putin has revived memories of an era many thought long gone, where the United States and Soviet Union jostled for influence in a Middle East torn between two powers. Whatever happens with its proposal to relieve Syria of chemical weapons, Russia reemerges as a player in the region _ and one who does not easily abandon allies. That's meaningful in a region where America's dumping of Hosni Mubarak has emerged as a seminal moment _ and it may resonate with Iran, whose leaders are carefully watching the global chessboard as the clock ticks toward another showdown, over their nuclear program.(AP Photo/Carolyn Kaster, File)
U.S. President Barack Obama, right, reacts while listening to Russia's President Vladimir Putin before the opening of the first plenary session of the G-20 Summit in Los Cabos, Mexico, Monday, June 18, 2012. (AP Photo/Andres Leighton)
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In order to create the list, Forbes editors evaluated individuals b​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ased 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

Click through to see photos of the Top 10:

11 PHOTOS
Forbes most powerful people 2015
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Obama topped by Putin, Merkel for world's most powerful person

10. Larry Page – Alphabet CEO

(Photo by David Paul Morris/Bloomberg via Getty Images)

9. Narendra Modi – Indian Prime Minister

(Photo by Mohd Zakir/Hindustan Times via Getty Images)

8. David Cameron – U.K. Prime Minister

(Photo by Carl Court/Getty Images)

7. Janet Yellen – Federal Reserve chair

(Photo by Andrew Harrer/Bloomberg via Getty Images)

6. Bill Gates – co-founder of Microsoft, the Bill & Melinda Gates Foundation

(Photo by JP Yim/Getty Images)

5. Xi Jinping – Chinese President

(Photo by Richard Stonehouse/Getty Images)

4. Pope Francis

(Photo by Giuseppe Ciccia/Pacific Press/LightRocket via Getty Images)

3. Barack Obama – U.S. President

(Photo b  SAUL LOEB via AFP/Getty Images)

2. Angela Merkel – German Chancellor

(Photo by Sean Gallup/Getty Images)

1. Vladimir Putin – Russian President

(Photo by Sasha Mordovets/Getty Images)

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