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Forbes Most Powerful Women List: Who Made the Cut?

Lady Gaga are Oprah are more powerful than ever -- but even they can't dethrone the First Lady.

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Forbes Women released their list of the Most Powerful Women today, and awarded Michelle Obama the #1 spot.

Coming in close behind at #3 was Oprah Winfrey, followed by Lady Gaga (#7), Beyonce Knowles (#9) and Ellen DeGeneres (#10).

Forbes says the list, which also consists of CEOs, heads of state, moguls and more is the "new ranking of the female power elite that reflects the New Order of now."

Check out the rest of the list at Forbes.com.

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