Forbes reveals its '100 Most Powerful Women' list

Forbes reveals its '100 Most Powerful Women' list

Female power play

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Forbes magazine has released its annual 100 Most Powerful Women, ranking Anna Wintour at number 39 — only four places behind Queen Elizabeth II

Based on a formula that calculates money, media presence, spheres of influence and impact for each woman, Forbes announces its 100 Most Powerful Women list – with some of the fashion world's leading ladies taking up an array of spots.

Angela Ahrendts, Burberry's former CEO who departed from the British label to join Apple, has beaten her last ranking of 53 to this year's 49th spot. 

Tory Burch is at number 79 this year, after falling 10 spots from 2013, however with a net worth of $940 million, she's now a member of Forbes' World Billionaires list, too. Burch joins Miuccia Prada who is deemed number 75  falling from 58 last year   but whose net worth is actually ten times hers.

The fashion pack, however, is no match for German Chancellor Angela Merkel, who's made the list ten times out of the past eleven editions – and nine times at number one, including this year. Following closely behind her is Janet Yellen, the new Federal Reserve chair at number two.

Eight women celebrate their 10th year appearing on the list including, Melinda Gates at three, Hillary Rodham Clinton at six, First Lady Michelle Obama at eight and Oprah Winfrey at 14 – the most powerful woman in media.

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