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

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:

5 PHOTOS
Obama and Putin's awkward meetings through the years
See Gallery
Obama topped by Putin, Merkel for world's most powerful person
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)
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)
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)
HIDE CAPTION
SHOW CAPTION
of
SEE ALL
BACK TO SLIDE

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
See Gallery
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)

HIDE CAPTION
SHOW CAPTION
of
SEE ALL
BACK TO SLIDE

More from US News & World Report:
Was the Red Planet Once Ocean Blue?
Cancer Traced to Tapeworm Infection
Hawkish Yellen Confronts Congress

Read Full Story

Sign up for Breaking News by AOL to get the latest breaking news alerts and updates delivered straight to your inbox.

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.