The American Film Institute has released an updated list of the top 100 movies of all-time, in their estimation, writes Courtney Dentch for Bloomberg.com. Once again claiming the number one spot is Orson Welles' "Citizen Kane." Welles wrote, produced, and directed the classic in 1941, when he was only 25 years old. The story follows the life of newspaper tycoon Charles Foster Kane and searches for the meaning of his last word, "Rosebud." Welles played the lead role of Kane.

The Los Angeles-based American Film Institute last released the list a decade ago. The system uses a 1,500-person jury drawn from film artists, critics, and historians. The movies are chosen and ranked on their critical recognition, awards earned, enduring popularity, and historical and cultural impact and significance, explains the institute.

Rounding out the top 10 slots are as follows:
1. Citizen Kane (1941)
2. The Godfather (1972)
3. Casablanca (1942)
4. Raging Bull (1080)
5. Singin' in the Rain (1952)
6. Gone With the Wind (1939)
7. Lawrence of Arabia (1962)
8. Schindler's List (1993)
9. Vertigo (1958)
10. The Wizard of Oz (1939)