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Jennifer Lopez Tops 'Forbes' 2012 Celebrity List Raking in $54 Million

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May 16 2012, Published 4:10 a.m. ET

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Divorce suits her well!

Jennifer Lopez may have suffered personal setbacks in the past 12 months, but her bank account and career have skyrocketed.

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Forbes named Jennifer No. 1 in their yearly ranking of powerful celebrities, using an elegant synthesis of pretax income and headline-making antics (American Idol, music videos, Casper Smart)  to decide who most dominated the entertainment world.

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Following right on her heels is Oprah Winfrey, who out earned her at $165 million and also maintained a healthy public profile with her OWN network. The number three spot went to none other than Justin Bieber who seems to be as omnipresent as ever with a new album and relationship with Selena Gomez.

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Lady Gaga who was No. 1 last year, still maintained a top five position in the number five slot, with Rihanna right ahead of her in number 4.

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Do you agree with Forbes? Would you have placed someone else in the top five?

For more on the Forbes list, check out this video from SheKnows.com:

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