The 'Halo' superstar, who was acknowledged not only for her incredible career as an artist but also as a successful businesswoman, came in at No.17, while 'Hips Don't Lie' beauty Shakira finished at No.52.

Chat show icon Oprah Winfrey, who has interviewed the likes of Rihanna and the late Whitney Houston's family recently, was put at No.13. Meanwhile, United Nations Ambassador Angelina Jolie also made the cut at No.37 following her recent editorial piece that explained how she underwent a double mastectomy to slash her risk of getting breast cancer.

Beyoncé is set to perform in London on June 1 at the huge 'Chime For Change' event, which will be hosted by Madonnas and includes other live sets from the likes of Florence + The Machine and Ellie Goulding, and it will be broadcast live on BBC One that night.

Watch footage from a recent interview with Beyoncé here:

Speaking to Showbiz 411, the heiress explained: "This is a lot different than my first album. It's really going to be house music." While Cash Money reps have confirmed the surprising news, a spokesperson for Hilton told MTV:

"Paris Hilton is in talks with a number of record labels right now but we can't confirm anything. When a deal is finalized we will make an official announcement."

Cash Money's other artists include rappers Nicki Minaj and Drake, although they're signed to Young Money Entertainment, which is a subsidiary of the label.

Hilton is no stranger to the YMCMB crew as last year she released a track with Weezy named 'Last Night' and he was also at her birthday event earlier this year in Los Angeles. She launched her music career back in 2006 with a self-titled debut album and lead single called 'Stars Are Blind'.

The concert, which will be hosted by Madonna, is due to take place on June 1 in Twickenham at the stadium and the channel has confirmed plans to show it live at 10.50pm, but will rename the show 'Beyoncé & Friends Live at Twickenham,' for television purposes.

Beyoncé was announced as the 'Sound of Change' gig's headliner, but other acts will also perform including Jennifer Lopez, Florence + The Machine and Ellie Goulding. Haim, John Legend, Iggy Azalea, Timbaland, Rita Ora and Laura Pausini will also play live on the night.

The Sound of Change Live will aim to bring women's and girls' rights to the stage and the organisation (Chime For Change) fights for education, health and justice for women around the globe.

The record shifted an incredible 104,000 copies as of midnight last night (May 21) in the UK and during its first 48 hours of being made available became the third fastest selling album of 2013.

Justin Timberlake's 'The 20/20 Experience' (which is at No.32 this afternoon) currently holds the record, but Daft Punk are only 1,000 copies behind so the record could soon be theirs.

There are 4 other new entries in the Top 10 this week and at No.3 is The National with 'Trouble Will Find Me', Thirty Seconds To Mars are at 4 with 'Love Lust Faith + Dreams', and Texas have made an appearance at No.5 with 'The Conversation'. Demi Lovato's new offering, 'Demi', has entered the albums chart at 6.

Jamie Cullum has debuted with his new record 'Momentum' at No.12, Paramore's self-titled new cut has dropped 10 spots to No.40, and Daft Punk's 'Discovery' has climbed 1 position to sit at No.28 after 84 weeks on the chart.

Watch Daft Punk, Pharrell Williams and Nile Rodgers perform 'Get Lucky' here:

MusicMagpie, a website which allows users to trade in CDs for cash, have revealed that they have received 47,315 copies of '21' since Christmas Day.

Second on the list of the most unwanted gifts is Emeli Sandé's debut record 'Our Version of Events', which has been returned 41,038 times.

One Direction's first album 'Up All Night' meanwhile has been traded in 37,846 times on the website.

The most rejected DVD meanwhile was Twilight with 36,217 copies sent in by the public.

MusicMagpie's Eren Ozagir told The Sun: "It's a sad fact that many of the items sold are given by Mum and Dad."

The British group released their debut record 'Up All Night' in North America in March and then 'Take Me Home' in November.

The former has now sold 1.51 million copies and the latter 1.04 million - meaning that they are the first act since country star Kenny Chesney in 2005 to achieve the one million sales per album in a year feat.

In 2005, Chesney shifted 1.08 million copies of his January effort 'Be as You Are: Songs From an Old Blue Chair' and 1.82 million of the November collection 'The Road and the Radio'.

'Up All Night' meanwhile is the third best selling album of 2012 in the US, whilst 'Take Me Home' is the eighth.

Adele's chart behemoth '21' is the top selling record in the US this year with 4.30 million sales, seconded by Taylor Swift's 'Red', which has sold 2.59 million.

The British quartet have penned two tracks for the global stars - 'I Want' for their debut album 'Up All Night' and 'I Would' for their latest effort, 'Take Me Home'.

Speaking to MTV, Tom Fletcher said that it is an honour to work for such massive albums and such a successful band. He said:

"It's a privilege being able to work with them, it's amazing as their albums are absolutely huge and we are getting to write songs on two of the biggest albums of the last few years."

Bandmate Danny Jones added: "We're lucky that the boys wanted to work with us, it's amazing."

McFly meanwhile recently revealed that they are interested in writing more material for One Direction in the future.

Cowell said that what's truly important in the grand scheme of their career and the industry is that they continue to have a strong and supportive fan base, and manage to sell albums:

"You know what's more important? Fans, record sales, I've always said that. Maybe next year they'll get something."

When asked by MTV News if the lads were bothered by the snub, he admitted that they are "not complaining" and have exciting projects ahead to keep them busy and entertained.

Watch the heartthrobs talk about dating below:

The British quartet wrote the track 'I Would' for the band's latest album 'Take Me Home', whilst mainman Tom Fletcher also contributed the song 'I Want' for their 2011 debut 'Up All Night'.

Speaking to the Daily Star, Fletcher said that whilst he is picky in choosing which acts he would like to write for, McFly's relationship with One Direction is a fruitful one.

He added that he would like to keep contributing songs for the 'Live While We're Young' band in the future. Fletcher said:

"It's quite a selective process, writing for other bands. I don't want to write a song for just anyone. I only do it for people I really like because that's when you do your best work, so I hope the relationship we have with One Direction can continue."

The 'Love Is Easy' man continued: "I love great pop music. When 'What Makes You Beautiful' came out it was like a breath of fresh air. It's perfect pop and you don't think about anything else. The new Taylor Swift single is the same."

Industry sources have forecasted that the boyband’s second album, 'Take Me Home,' is likely to sell half a million copies by this Sunday, guaranteeing them a number one position on the Billboard Top 200.

The group could even reach sales of 575,000, which would place them third behind Taylor Swift’s 'Red' (1.2m) and Mumford and Sons’ 'Babel' (600,000) on the list of the highest first week figures for 2012.

The follow-up to chart-topping debut, 'Up All Night,' is also set to comfortably reach the top spot in the UK on Sunday having already sold 94,000 copies in just two days. 

The two acts previously teamed up for the track 'Moments', which appeared as a bonus track on One Direction's 2011 debut record 'Up All Night'.

Sheeran worked again on the pop group's forthcoming new album 'Take Me Home', writing two songs for the band.

Speaking to Capital FM, Louis Tomlinson praised the singer-songwriter's lyrical abilities, calling him one of the best songwriters of recent times. He said:

"He's just one of the best lyricists of our generation, so having the chance to work with him is amazing. It was really important for us. His method recording-wise...you just do a couple of takes because he likes to keep it really raw and really real."

Bandmate Zayn Malik meanwhile added: "It's all just chilled. The whole vibe of his studio is chilled out. He's got a field and sometimes you just sit out on the field and jam with a guitar, play a little bit of football, walk into the studio when you feel like it, walk back out when you feel like it. It's wicked."

The pop group are set to release their second album 'Take Me Home' on November 12 and Sheeran told MTV that he has penned two songs for it.

The flame-haired singer-songwriter previously wrote the song 'Moments' for the bonus edition of One Direction's 2011 debut album 'Up All Night' and he added that the new tracks will follow suit in terms of lyrical content. He said:

"The two songs that I wrote for One Direction's album are the same subject matter as the last song I wrote for the last album 'cause they're from the same batch of songs. They're both about my ex-girlfriend."

One of them is kind of a getting-back together song. One of them is an appreciation song. I can't say the titles. The song that I think will be the single - one of the singles - is kind of a very sweet song."

One Direction's lead single from 'Take Me Home' - 'Live While We're Young' - is set to be released in the UK on September 30.

The British pop group released their successful maiden album 'Up All Night' in 2011 and they will follow that up with their new record on November 12.

The Sun quotes Niall Horan as saying that 'Take Me Home' is more "live-sounding" than their first album, with the drums in particular becoming more prominent.

And he reckons that the record is better than 'Up All Night'. The Irishman said:

"It's a million miles away from our old album. It's a bit more of a live-sounding album. The drums are a bit harder."

Horan continued: "When you make a second album, I think the thing to do is outdo your first one and personally I think we've done that. It's way better."

The boyband released their successful debut DVD 'Up All Night: The Live Tour' earlier this year, which documented their life on the road.

Speaking to 4Music at the iTunes Festival last night (September 20), One Direction revealed that they are currently being filmed.

The quintet were asked about rumours of a One Direction film, with the lads appearing to be unsure what to say.

Harry Styles however piped up, saying: "We're taking a camera crew with us at the moment and filming everything that we're doing. So we don't know, we're going to have loads of footage."

The band meanwhile also spoke about which songs they like to sing in the shower, with Niall Horan choosing Bruno Mars' 'Lazy Song' and Liam Payne raising some eyebrows with his choice of 'Climax' by Usher.