You're reading: International Business Times: Who is the world’s most powerful person? Russia’s Vladimir Putin tops new Forbes list

While the U.S. presidency is generally regarded as the most powerful position in the world, apparently not everybody agrees. Russian President Vladimir Putin topped the list of the world’s most powerful people that was compiled by Forbes and released Nov. 4y. U.S. President Barack Obama ranked No. 3 on the list, with his influence in his final year in power described as "shrinking."

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