Her Majesty Queen Elizabeth II was ranked 29th on Forbes’ list of the 100 Most Powerful Women in the World.
The sources of Her Majesty’s wealth are listed as investments and real estate. Bloomberg estimated the Queen’s net worth as $425 million (£292,291,081) last September.
The Queen is also the oldest woman on the list, at 90 she’s 13 years older than the next-oldest woman on the list, Ellen Johnson-Sirleaf from Liberia.
The Queen is also one of only six women from the United Kingdom on the list, and the highest-ranking.
“They are the smartest and toughest female business leaders, entrepreneurs, investors, scientists, philanthropists and CEOs making their mark in the world today,” says the Forbes website.
“They’re women who are building billion-dollar brands, calling the shots in the financial markets, and crisscrossing the globe to broker international agreements and provide aid.”
Her Majesty is the only monarch on the list, similar to last year.
Forbes magazine used the following criteria for determining the list: money, media presence, spheres of influence, and impact within each woman’s work field and outside it.
German Chancellor Angela Merkel tops the list this year followed by Hillary Clinton, current U.S. presidential candidate. The entire top five are all American women, with Janet Yellin, Melinda Gates, and Miranda Barry rounding out the spots.
Merkel has topped the list every year since 2011, interrupted that year by American First Lady Michelle Obama. She also topped the list from 2006-2009.
The list was created in 2004, with former United States Secretary of State Condoleezza Rice topping the list both that year and the next year.
The Queen has been featured on the list since its inception, and in 2015 she was ranked 41st. In the last five years, she’s hovered around the high 20s to low 40s: in 2014 she was 35th, in 2013 she was 40th, in and in 2012 she was 26th.