Queen B is music royalty for a reason.
Beyonce has been named Forbes’ Most Powerful Celebrity of the Year.
The singer knocked Oprah Winfrey from the number one spot.
The Forbes Annual Celebrity 100 List ranks the world’s hottest stars based on money and fame.
Beyonce is not the top earner on the list, but her A-list status propelled her to number one.
The singer raked in $115 million between June 1, 2013 and June 1, 2014.
Forbes attributes most of the earnings to her popular Mrs. Carter Tour, followed by endorsements of companies like H&M and Pepsi.
LeBron James landed in the number two spot on the list.
Dr. Dre comes in at number three, thanks to Apple’s purchase of his Beats headphones.
Oprah Winfrey dropped to fourth place.
Talk show host Ellen DeGeneres rounds out the top five.
Click here to see the entire list.