The actress grabbed the No. 1 spot from the talk show queen on the magazine's annual Celebrity 100 list, which ranks the rich and famous based on media exposure and career earnings over the past year.

Jolie, a reigning tabloid fixture, earned $27 million, bumping her up from third place on last year's list, Forbes said, adding that she wields more power due to high-profile turns in hit films such as "Wanted" and "Kung Fu Panda."

At No. 2, Winfrey is still the highest earner _ $275 million.