Melbourne, May 17 (ANI): Jennifer Lopez has beaten the likes of Lady Gaga and Justin Bieber to be crowned as Forbes' Most Powerful Celebrity.
The 4-year-old, who has reportedly quit her role as a judge of American Idol, has topped the 100-strong list which ranks stars based on a combination of earnings, press coverage and internet presence.
Up from 50th place last year, her role on the singing contest is said to have contributed greatly to her "power" but it seems that the star feels she has too much on her plate.
"She's just too busy," News.com.au quoted a source as telling E! News.
Lopez is also set to tour with Enrique Iglesias this summer when Idol auditions kick off as well as balance her singing career, Hollywood roles and being mother to four-year-old twins Emme and Max.
The 'On the Floor' hitmaker beat the likes of television presenter Oprah Winfrey (second) Justin Bieber (third) and singer Rihanna (fourth).
Lady Gaga, who has been toppled from her number one position of last year, managed number five this time.
Forbes said many celebrities on the list showed business acumen as well as stage talent.
They exemplified by saying that 18-year-old Bieber "is also a serious investor, with stakes in a dozen companies that appeal to his tech savvy, including a chunk of Spotify".
"Numerous celebrities are leveraging their fame to make early-stage investments or launch start-ups themselves," the magazine said.
But the best example was Jennifer Lopez.
Her success as a judge on American Idol, a resurgence in marketing her music, and an attention-grabbing divorce from Marc Anthony, followed by lucrative product endorsement deals, have been responsible for her financial star shooting.
"While she hasn't stormed Silicon Valley just yet, Jennifer Lopez is a state-of-the-art celebrity success story," Forbes said.
"With US 52 million dollars (52.47 million dollars) in earnings over the last 12 months and a massive amount of fame, Lopez lands at number one on our Celebrity 100 list for the first time."
Overall, the earnings power of the top 100 dropped in 2012 to US4.4 billion dollars from US4.5 billion dollars.
Winfrey was still the most lucrative star, earning US165 million dollars, although that was well below her $US290 million dollars haul last year. (ANI)
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