Forbes list of  most powerful women comprises the toughest and smartest women from across the globe every year. While the list is dominated by names of women from different regions, only one Australian made it on the list this time. Gina Rinehart was ranked 51st by the American business magazine.

One of the country’s richest and most controversial figures, Ms Rinehart is widely recognized for her patronage of popular coalition figures, such as Nationals Leader and Deputy Prime Minister Barnaby Joyce. She stole media attention because of her public battle with her children over her family’s fortune.

The bi-weekly magazine honored the daughter of Lang Hancock, the high-profile iron ore explorer, with great admiration by describing her as the one who “took her late father’s bankrupted estate and rebuilt it into something much larger.” She has a net worth of $US9.9 billion (approx. AUD$13.3).

Scotland’s First Prime Minister Nicola Sturgeon ranks just before Rinehart, while Nepal’s Bidya Devi Bhandari is behind her on the list, notes SMH. With the ‘US Presidential Election 2016’ around the corner, Democratic Presidential nominee Hilary Clinton is very much in the spotlight, stealing the second position on the list. She is said to reduce gun violence with new law if she is elected president of the US.

On the other hand, German Chancellor Angela Merkel made a record of being number one on the list for the sixth year in a row. Ever since Islamic States like Syria and Iraq have been under the attack of ISIS (Islamic State of Iraq and the Levant), Merkel has followed an open-door policy for the fleeing refugees, thus grabbing a lot of media attention.

According to reports, Merkel is praised by the magazine for her “boldest act.” “By opening Germany’s borders to over one million immigrants from Syria and  other Muslim countries in the last several years, Merkel has decided to wield power with the most curious of geopolitical strategies: sheer humanism.”

Forbes reported that female candidates have been elected and re-elected as leaders in countries like Croatia, Nepal, Mauritius and Lithuania. At the moment, US’ Hilary Clinton is drawing the attention of the media by leading with maximum votes in the primaries. She is expected to battle it out against Donald Trump in the final round.