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Forbes Lists Bloomberg As World's 16th Most Powerful Person

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TWC News: Forbes Lists Bloomberg As World's 16th Most Powerful Person
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Mayor Michael Bloomberg was named the 16th most powerful person in the world, according to Forbes Magazine's 2012 rankings.

That's just one spot behind Warren Buffet and a spot ahead of Wal Mart CEO Michael Duke.

President Barack Obama topped the list again and German Chancellor Angela Merkel came in at number 2.

Russian President Vladimir Putin rounded out the top 3.

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