/ 28 August 2012

Oprah tops Forbes’ high-paid celebrity list

Forbes on Monday has named the Oprah Winfrey as the highest paid celebrity for the fourth straight year.
Forbes on Monday has named the Oprah Winfrey as the highest paid celebrity for the fourth straight year.

Financial website Forbes.com on Monday named the talk show queen as the highest paid celebrity for the fourth straight year.

Winfrey has failed to find major success with joint venture partner Discovery Communications on the OWN network, but her ownership in syndicated TV shows such as Dr. Phil, Rachael Ray, The Dr. Oz Show and other media products enabled her to earn an estimated $165-million between May 2011 and May 2012, Forbes.com said in a story posted on Monday.

Close behind was movie director Michael Bay, whose action-packed adventure flick Transformers: Dark of the Moon released last year, helped him earn $160-million based on participation in ticket and toy sales and other revenue.

Another film director, Steven Spielberg, earned $130-million in the 12-month period covered by Forbes from his participation with TV shows like Smash and the release of the movies The Adventures of Tintin and War Horse.

Jerry Bruckheimer placed fourth with $115-million from TV shows and films including Pirates of the Caribbean: On Stranger Tides and behind him at number five was music producer Dr. Dre, who earned $110-million based mostly on the sale of part of his stake in the Beats by Dr. Dre headphone company.

Rounding out the top 10, in order, were:

Actor and producer Tyler Perry, $105-million

Radio and TV personality Howard Stern, $95-million

Author James Patterson, $94-million

Movie producer George Lucas, $90-million

Music producer and TV personality, Simon Cowell, $90-million. – Reuters