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Forbes Celebrity 100 List: Lady Gaga, Oprah Winfrey & Justin Bieber Make Top 3!

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May 18 2011, Published 9:09 a.m. ET

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Forbes magazine has released its annual Celebrity 100 list of the "most powerful people in the entertainment business" and Oprah Winfrey lost her number-one spot to Lady Gaga. And Justin Bieber came in third!

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Forbes reports that Lady Gaga earned the top spot this year due to her 32 million Facebook fans, 10 million Twitter followers and the $90 million she earned touring.

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In addition, Lady Gaga had 1 milllion digital downloads of her single "Born This Way" in only five days!

Oprah has only lost the number-one spot three times now, in the past seven years,  but she's still not far away from Gaga in the lineup.

Oprah reportedly earned $290 million last year. That's actually a reduction of $25 million, partly due to her now smaller paycheck (from SiriusXM), but she stills makes a lot of money from the shows she started, like Dr. Phil and Rachael Ray!

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And Justin made his debut on the list this year at the age of 17 earning $53 million. The Biebs has been busy making money with concerts, music sales and his 3-D documentary movie.

"Baby," Justin's first hit song, has surpassed 500 million views on YouTube — a record!

For more of the celebs who made the list, visit Forbes.com!

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