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Forbes magazine has released its annual list of the top 100 most powerful celebrities, but not every boldface name made the cut.

Paris Hilton and Nicole Richie fell off the 2007 list, thanks to waning interest in their reality series The Simple Life.

Mary-Kate and Ashley Olsen, who had been steadily climbing the ranks from 2002 to 2006, were also left off the list.

“They no longer have the tween fashion cachet,” Forbes’ associate editor Lea Goldman tells USA Today.

She added: “The stock is down on their brand.”

Oprah Winfrey, who consistently cracks the top 10 with earnings of $260 million a year, is in first place this year.

While compiling the list, Forbes considers income, while also taking into account factors such as media interest and the number of friends on stars’ MySpace pages.

Lindsay Lohan was on the list for two years, but dropped off in 2006. Britney Spears, who was ranked No. 1 in 2002, bowed out the following year and hasn’t been back since.

Blockbuster actors cleaned up this year, with Pirates of the Caribbean star Johnny Depp, who earned $92 million last year, coming in at No. 6. and The Da Vinci Code’s Tom Hanks leap-frogging from No. 31 to No. 11.

Brad Pitt finally made it into the top 10 for the first time with a No. 5 ranking.

Meanwhile, child stars are fast on the heels of their adult contemporaries. Harry Potter stars Daniel Radcliffe (No. 79) and Emma Watson (No. 97) join the list for the first time, along with Dakota Fanning (No. 94).

“We’re seeing young kids bringing in adult salaries,” Goldman says.

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Mary-Kate and Ashley Olsen turned 21 on Wednesday, and unlike many young stars hitting the milestone, they kept their celebration low-key.

The sisters hosted a cozy dinner party at Hollywood’s legendary Chateau Marmont, where guests included their sister Lizzie, 19, and brother Trent, 23.

“It looked like a family dinner,” an onlooker tells PEOPLE, “You could tell they were all really close. The girls couldn’t stop smiling.”

A little after 11 p.m., two red velvet cakes – one covered in white frosting and the other in black – were brought out as the table burst into “Happy Birthday.” Their friends cheered as the girls closed their eyes and blew out the candles.

Soon after the cake was cut, another treat arrived: To the delight of the guests, boxes of cupcakes were served between the tea lights and petite vases of cut pink and white flowers dotting the table.

While the champagne and wine continued to flow, each guest took a turn raising a glass and saying a few words about the girls. Between cheers and laughter at inside jokes, the sisters posed for pictures taken with a vintage Polaroid camera, then anxiously crowded over the developing photos before laughing at the results.

Though there were plenty of gifts on the table, the true present for Mary-Kate was the guy sitting next to her. After giving the last toast, the 20-something blond kissed her lovingly before she jumped into his lap and gave him a peck on his chin. As she looked through her birthday cards, he brushed her cheek with one hand and caressed the back of her sheer black dress.

And even the A-list diners in the restaurant were star-struck: Director Brett Ratner strained to peek over his high-backed chair hoping to catch a glimpse of the famous birthday girls.

What did the sisters do before the party? As they wrote to fans on their Web site: “Today, for the first time in a looooong time, we’re taking a day off – doing absolutely nothing and looking forward to every second of it!”

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In order: above, Mary Kate & Ashley Olsen (how freaky have they gotten?!), Elisha Cuthbert, Debra Messing, Hugh Dancy and Claire Danes, Heidi Klum, Alicia Keys, Chloe Sevigny, Kate Bosworth, Petra Nemcova, Eva Mendes & Uma Thurman.

I’m tired of posting pics from this.  So I’m putting all the rest in here.  The pictures seriously NEVER END! Just when I think I’m at the end – I see another celeb that I have to post.  So instead of doing like 20 more posts, I’m going to put everyone in here. Just click on the thumbnails to enlarge!

IN ORDER: Ginnifer Goodwin and goofy looking Chris Klein, Stunning Kate Moss, Jennifer Connelly and husband Paul Bettany, Cameron Diaz, A disturbingly thin Cate Blanchett, Chloe Sevigny, The gorgeous Jennifer Garner, A pregnant Salma Hayek, Naomi Watts and boyfriend Liev Schreiber, Kate Bosworth (love the look), Elizabeth Berkley, Petra Nemcova, Mary Kate & Ashley Olsen.

PHEW!  That should keep you guys busy!