Angelina Jolie Dethrones Oprah Winfrey as No. 1 Most Powerful Celebrity – Jay-Z, Diddy ,Kanye West, 50 Cent Forbes Hip Hop Cash Cows for 2008

“She’s rich. She’s talented. She’s beautiful. And now Angelina Jolie is the most powerful celebrity in the world.

Thanks to the release of several blockbuster movies and an endless sea of media buzz, Jolie has dethroned Oprah Winfrey to top this year’s Celebrity 100 list, Forbes’ annual ranking of the world’s ultra famous.

Jolie raked in $27 million in the past 12 months thanks to a movie schedule that included Kung Fu Panda, Wanted and the not-yet-released spy thriller Salt. Even more impressive: The publicity she garnered following the birth of her twins, as well as the consistent headlines she grabs for her philanthropic efforts and her relationship with actor Brad Pitt, who ranks No. 9 on the list.

Winfrey drops to No. 2 on the list. The media maven has pocketed $275 million in the last year, making her the list’s top earner. Though viewership for her daily chat fest, The Oprah Winfrey Show, continues to erode, her earnings remain unchanged from a year ago. In addition to Winfrey’s monthly magazine, she has a three-year, $55 million deal with XM Satellite Radio. Early next year, the self-made billionaire will roll out the lifestyle-themed Oprah Winfrey Network in partnership with Discovery Communications”.

Below are the Top 10 with some in between:

1 Angelina Jolie – 27 mil
2 Oprah Winfrey – 275 mil
3 Madonna – 110 mil
4 Beyonce Knowles – 87 mil
5 Tiger Woods – 110 mil
6 Bruce Springsteen – 70 mil
7 Steven Spielberg – 150 mil
8 Jennifer Aniston – 25 mil
9 Brad Pitt – 28 mil
10 Kobe Bryant – 45 mil

11 Will Smith – 45 mil
32 Jay-Z – 35 mil
35 Sean (Diddy) Combs – 30 mil
46 Kanye West – 25 mil
49 Barack Obama – 2 mil
50 50 Cent – 20 mil

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