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November 4, 2011

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Obama heads list of powerful

US President Barack Obama regained the top spot on Forbes' third annual ranking of "The 70 Most Powerful People In The World." Russian Prime Minister Vladimir Putin is listed No. 2, followed by Chinese President Hu Jintao.

Chinese Premier Wen Jiabao is among 14 newcomers to the list, landing in the 14th spot. Chinese central bank governor Zhou Xiaochuan is 15th, as Euromoney in September named Zhou "Central Bank Governor of the Year."

Obama remains the head of state of the world's largest and most dynamic economy despite its current weakness and commander-in-chief of the planet's deadliest military, Forbes said yesterday. Obama's influence further widened and deepened after Osama Bin Laden was killed by US forces, it said.

German Chancellor Angela Merkel ranks fourth and rounding out the top five is Bill Gates, co-chair of the Bill & Melinda Gates Foundation, chairman of Microsoft and America's richest man. Gates' charitable giving for vaccines, closing in on US$6 billion to fight measles, hepatitis B, rotavirus and AIDS, among others, "is part of the largest, most human-driven philanthropy in the history of mankind," according to Forbes.

Rounding out the Top 10 are Saudi Arabian King Abdullah bin Abdulaziz al Saud (No. 6), Pope Benedict XVI (No. 7), US Federal Reserve Chairman Ben Bernanke (No. 8), Facebook CEO Mark Zuckerberg (No. 9) and UK Prime Minister David Cameron (No. 10).

Ten people fell off the list this year due to declining influence, including Oprah Winfrey, disgraced former IMF chief Dominique Strauss-Kahn and former Japanese Prime Minister Naoto Kan. Others departed in a more definitive way, including Apple cofounder Steve Jobs, who died last month, and bin Laden, who was killed by US forces in May.

Four factors were taken into account to select the 70 people that matter from the 7 billion people on the planet: the number of people they have power over, the financial resources they control, whether they have influence in more than one sphere, and how actively they wield their power to change the world.

The newcomers also include OPEC President Rostam Ghasemi (No. 32), IMF Managing Director Christine Lagarde (No. 39), Apple CEO Tim Cook (No. 58), New York Times Executive Editor Jill Abramson (No. 64) and US House Speaker John Boehner (No. 67).




 

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