Every year, Forbes Magazine, one of the world’s top sources of business and financial news, releases its Celebrity 100 list, which features the most powerful celebrities in the world ranked according to their earnings and influence. Pop and fashion icon Lady Gaga tops the prestigious list this year, Forbes.com reports, ousting media personality Oprah Winfrey, who occupied the no. 1 spot four times in the last seven years.

Forbes.com lists not just Lady Gaga’s $90 million revenue but also her expert use of social media as the reasons for her gaining the top spot this year. Gaga has 32 million Facebook fans and 10 million Twitter followers.

While Oprah remains a formidable force with $290 million in earnings at no. 2, it is teen singing sensation Justin Bieber who steals the limelight this year as he makes his Forbes debut at no. 3. The 17-year-old earned $53 million from concerts, album sales, and his box office hit movie last year, says Forbes.com. His social media influence doesn’t fall behindb with one of his first ever songs, “Baby,” hitting 500 million views on YouTube.

Scroll through the gallery below to see the top 20 celebrities who swept the ranks on Forbes’s Celebrity 100 this year. The list also includes their earnings in the past 12 months from Forbes.com. Did any of your favorite stars make the cut? What do you think of the results? Share your thoughts in a comment!

Want more celebrity lists? Check these out on FN:
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