Who is the most powerful woman of the world?

German Chancellor Angela Merkel has been nominated as the most powerful woman in the world?sixth time in a row by Forbes magazine.

Forbes list of the 25 most powerful women of the world includes the names of the smartest and toughest female business leaders, entrepreneurs, investors, scientists, philanthropists and CEOs making their mark in the world today. These women are laying down rules in financial markets, leading politics and policy making, and are managing multi-million dollar brands.

Merkel emerges right on top with the presidential candidate Hilary Clinton following close behind.

The list took four things into account: money, media presence, spheres of influence and impact.

This year?s list has a more global outreach. Scotland, Mauritius, Myanmar, Nepal, Croatia, Lithuania, and Taiwan are some of the countries who have made it to the list this time.

This includes Scottish First Minister Nicola Sturgeon, who recently polled as the most popular Scot in the land; Nobel Peace Prize winner Aung Sun Suu Kyi, who saw her years of sacrifice as a pro-Democracy leader awarded; and Taiwanese president Tsai Ing-wen, who recently stepped into office after winning a landslide victory.

The list also include Melinda Gates who has helped fight polio in the world and Sheryl Sandberg COO Facebook.

Indian woman Indra Nooyi CEO of Pepsi Co also makes it to the list. No woman from Pakistan made it to this prestigious list. 

The list does not include any celebrities. Ellen DeGeneres, Taylor Swift, and Angelina Jolie who have been part of the previous lists did not make it this time.