Evidently, Michelle Obama is more influential than Queen Elizabeth, but less important than Hillary Clinton. At least, that's how Forbes sees it. Reuters reports that German Chancellor Angela Merkel topped the list of the world's 100 most powerful women for the fourth year running. Sheila Blair, chairwoman of the FDIC clocked in at No. 2, while CEOs of corporations including PepsiCo, Sunoco, Temasek, Kraft Foods, and WellPoint rounded out the rest of the top ten. Nancy Pelosi, Hillary Clinton, Michelle Obama, and Oprah clocked in at Nos. 35, 36, 40, and 41 respectively. The list takes factors such as economic impact, media reach, and career accomplishments into account.