Pope Francis waves from his popemobile along the Copacabana beachfront on his way to celebrate Mass in Rio de Janeiro, Brazil, Sunday, July 28, 2013. (Photo/AP Images)

The world’s most powerful Latino? The Pope, according to new Forbes list

According to Forbes’ annual Most Powerful in the World list, Pope Francis ranks the fourth most powerful person in the world, and the most powerful Latino.

Russian President Vladimir Putin ranks number one, U.S. President Barack Obama number two, and the General Secretary of the Communist Party of China Xi Jinping is number three.

Forbes’ “Most Powerful” list is an annual snapshot of current heads of state, financiers, philanthropists and entrepreneurs in the world. Forbes’ editors measure their power along four dimensions — the number of people they oversee, the financial resources controlled by each person, how many spheres they have power over, and lastly if they are actively using their power.

This year, Pope Francis became the first Jesuit and Latin American to lead the Catholic Church, which is worth about $8 billion.

According to Forbes, the 76-year-old Argentinian pope is the spiritual leader of 1.2 billion Catholics, or about 1/6th of the world’s population. He has also “breathed new energy” into the Church by encouraging followers to practice humility, compassion for the poor, a greater role for women while signalling the church to quiet its focus on “only on issues related to abortion, gay marriage and the use of contraceptives,”and embracing social media with more than 3 million followers.

RELATED: INNOVATOR: Pope Francis, the first Jesuit pope of the Americas

This isn’t the first time a pope has been added to the list. Pope Benedict, who was ranked number 5 in 2012 and number 7 in 2011.

This year, Pope Francis ranked higher than only four other Latinos on the list, which totals 72 powerful people:

Mexico’s honorary chairman of América Móvil, as well as an owner of the New York Times– Carlos Slim — ranked number 12; Brazil’s President Dilma Rousseff, who will be leading Brazil as it hosts the World Cup in 2014 is the second most powerful woman in the world who ranked number 20 in the “Powerful People” list; Mexico’s President Enrique Peña Nieto ranked number 37; and the world’s most powerful drug trafficker, CEO of the Sinaloa Cartel Joaquin Guzman Loera — otherwise known as “El Chapo” — who is responsible for an estimated 25 percent of all illegal drugs that enter the U.S. via Mexico is ranked number 67. This February, the city of Chicago branded him the first “Public Enemy No. 1” since Al Capone.

RELATED: Latinos react to Pope’s comment on gay priests: “Who am I to judge?”

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