(KCEN) -- Yesterday Forbes Magazine selected President Obama as the world's most powerful person.
Heads of state dominate the list with the President at number one and German Chancellor Angela Merkel at number two.
Russian President Vladimir Putin lands in third place, while Pope Benedict is the fifth most powerful person on the planet.
Other Americans on the list include Federal Reserve Chairman Ben Bernanke at number six.
Billionaire Warren Buffett ranked 15 and New York City Mayor Michael Bloomberg came in at number 16.
Former President Bill Clinton is number 50.