This is the first time the Titanic star has topped the Forbes Magazine list, with his over $77m (£47.3m) earnings coming from the double successes of Inception and Shutter Island. The movies were both big hits, together grossing more than $1,099,925,000 (£676m) globally.
The previous chart-topper, Johnny Depp, still takes second spot with an income of £30.7m (almost $50m.) He also made two profitable movies in the past year, but The Tourist was panned by the critics and was quite a small production. Of course, Pirates of the Caribbean: On Stranger Tides was a box office smash hit. That movie alone should see Depp challenging for the top spot again next year.
Forbes base their figures on feedback from agents, lawyers, producers and industry insiders. The sums are for the period between May 2010 and May 2011.
Adam Sandler is in third place, due to his earnings from Grown Ups. He is followed by Will Smith, who earn an estimated $36m for his third out as an alien-hunting hero in the Men in Black franchise.
Fourth place in the list of highest paid Hollywood actors goes to Tom Hanks. Larry Crowne was a big disappointment but the latest Toy Story movie was always going to be a winner. Perhaps that is how Tim Allen, the voice of Buzz Lightyear in the movies, clings on to ninth place.
Ben Stiller appears again. Little Fockers earned the actor $34m, even if the critics didn’t like it. Robert Downey Jr. was two places below him. He can probably rely on Sherlock Holmes and Iron Man to keep him on the list for a few more years yet.
Completing the list are Mark Wahlberg at eight and Tom Cruise in tenth. Perhaps surprisingly, given box-office success and Oscars wins of The King’s Speech and Harry Potter, this year there are no Brits featured on the Forbes Magazine list of Hollywood’s highest paid actors.
Any surprises for you there? Who’s missing and who doesn’t deserve their place among the top ten highest paid actors in the world?