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Hillary tops Michelle on Forbes 'Top Ten' list (video)

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Move over Michelle , there’s a new sheriff in Washington, DC. Forbes Magazine has declared Hillary Clinton number six on their list of "The World's Most Powerful Women 2014," ahead of first lady Michelle Obama.

The list is defined as its annual list showcasing "the top politicians, finance and business leaders, activist billionaires, and celebrities who matter." It is compiled according to women's money, media momentum, spheres of influence and impact.

The publication noted Hillary Clinton is "the only first lady to become a U.S. senator turned viable presidential candidate turned secretary of state. Now a private citizen and cofounder of The Bill, Hillary & Chelsea Clinton Foundation, she continues to be one of the most watched-and-listened-to women on the planet.”

Clinton lost out to number one, German Chancellor Angela Merkel, her 10th time on the list; that includes nine number ones. She was first elected in 2005. Number two was Janet Yellen, the new chair of the Board of Governors of the Federal Reserve System.

Rounding out the top five was Melinda Gates, co-founder of the Bill and Melinda Gates Foundation, followed by Dilma Rousseff, president of Brazil, the seventh largest national economy, and Christine Lagarde, managing director of the 188-nation International Monetary Fund.

Right below Ms. Clinton on the chart was number seven Mary Barra, who became the CEO of General Motors in January. Then Michelle Obama at number eight. The first lady has been noteworthy for her advocacy against childhood obesity and promoting healthy eating.

Sheryl Sandberg, chief operating officer of Facebook, and Virginia Rometty, chairwoman and CEO at IBM rounded out the Top Ten.

Dropping off the list this year include former Homeland Security Secretary Janet Napolitano and former head of the Department of Health and Human Services, Kathleen Sebelius, who resigned earlier this year.

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