First Lady Michelle Obama Beats Pal Oprah On Forbes 2010 Most Powerful Women List

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Oct. 7 2010, Updated 3:48 p.m. ET

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Michelle Obama was crowned Forbes Magazine's Most Powerful Woman of 2010, RadarOnline.com has learned, as the First Lady edged other big names such as Oprah Winfrey (#3), Hillary Clinton (#5) and Lady Gaga (#7) for the honors.

High-profile celebs spiked in this year's ratings as opposed to a year ago, when German Chancellor Angela Merkel captured the title, while First Lady Michelle Obama was ranked #40, with Winfrey camped next to her at #41.

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The list, which was released late Wednesday, draws from a pool of fields including politics, business, entertainment, lifestyle and media to compile the annual rankings.

Other notable names on the list include Ellen DeGeneres (#10); Sarah Palin (#16); Angelina Jolie (#21); Madonna (#29); Chelsea Handler (#35) and Twilight author Stephenie Meyer (#49).

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