The verdict's out on who's the most beautiful of them all. Well, this year at least.

Model Bar Refaeli has topped Maxim's new 2012 Hot 100 list as the most beautiful woman in the world.

Actresses Olivia Munn and Mila Kunis took second and third spot, respectively, while Katy Perry came in fourth.

This year marked the first year Maxim readers could weigh in on who made the list. 

Battleship actress Brooklyn Decker made the top 50 at no. 42, while Kristen Stewart pipped her Snow White co-star Charlize Theron by a spot to take no. 15 on the list.  

Only one Middleton sister made the list at no. 81, and it wasn't the Duchess of Cambridge.

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Click on the thumbnails for the Top 50 list of Maxim's hottest women of 2012.

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