World's most powerful women

Forbes magazine's list of the Top 100 most powerful women.

The index takes into account creative influence and entrepreneurship, as well as wealth and executive position.

1. MICHELLE OBAMA, US first lady.

2. IRENE ROSENFELD, chief executive Kraft Foods.

3. OPRAH WINFREY, media mogul.

4. ANGELA MERKEL, German Chancellor.

5. HILLARY CLINTON, US Secretary of State.

6. INDRA NOOYI, chief executive, Pepsi.

7. LADY GAGA, singer.

8. GAIL KELLY, chief executive Westpac.