Forbes ranks Donald Trump world's second most powerful person behind one key leader

On Wednesday, Forbes released its annual list of the people who wield the greatest power on Earth, and U.S. President-elect Donald Trump might be displeased with his ranking.

The 2016 release of the annual Forbes list considers three key influencer factors: their ability to impact a nation's GDP, how much money they oversee and their influence at large.

While the "Leader of the Free World" is often considered the most powerful person on Earth, the soon-to-be president was actually outranked for the number one spot by Russian President Vladimir Putin. This is the fourth year in a row that Forbes has listed Putin as the senior global powerhouse on Earth.

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Forbes 2016 Most Powerful Women
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Forbes 2016 Most Powerful Women
German Chancellor Angela Merkel earns Forbes number 1 spot. REUTERS/Arnd Wiegmann
U.S. Democratic presidential candidate Hillary Clinton comes in at number 2. REUTERS/Mike Blake
 Melinda Gates nabs the 4th spot on Forbes list. (Photo by Jemal Countess/Getty Images)
Mary Barra, chief executive officer of General Motors Co. (GM), closes out the top 5. (Martin Leissl/Bloomberg via Getty Images)
Christine Legarde, France's finance minister, comes in 6th. Photographer: Mario Proenca/Bloomberg via Getty Images
 Sheryl Sandberg earns the No. 7 spot. (Photo by Jerod Harris/WireImage)
 First lady of the United States Michelle Obama comes in at 13th. (Photo by Ed Mulholland/Getty Images for USOC)
Supreme Court Justice Elena Kagan ties at 23rd. (Photo by Barry Chin/The Boston Globe via Getty Images)
Supreme Court Justice Sonia Sotomayor ties at 23rd. (Photo by Brooks Kraft LLC/Corbis via Getty Images)
 Queen Elizabeth II earns the 30th spot. (Photo by Mark Cuthbert/UK Press via Getty Images)

While it isn't premium billing, to be ranked second out of 74 people is still a massive Forbes list jump for Trump. In 2015, the billionaire businessman-turned-politician was listed at 72 on the 74-person list -- climbing 70 power rankings in just one year.

German Chancellor Angela Merkel is declared as the planet's third most powerful person -- making her the most powerful woman in the world, according to Forbes. Merkel is one of six ranked female leaders included on the list.

Rounding out the top 5 are Xi Jinping, China's president, and Pope Francis, respectively.

According to The Guardian, "The Forbes list, now in its eighth year, identifies 74 people – one for every 100 million on the planet – whose actions have the most impact across the world."

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