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Forbes names Oprah highest paid celeb for 4th straight year
Added At: 2012-08-28 9:24 PM
Last Updated At: 2012-08-28 9:24 PM
REUTERS
LOS ANGELES: Her new television network is struggling, but Oprah Winfrey’s bank account is doing just fine, according to financial website Forbes.com, which on August 27 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 August 27.
She topped the Forbes list of highest paid celebrities yet again.
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 revenues.
Director Steven Spielberg, earned $130 million in the 12-month period 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 No 5 was music producer Dr Dre.
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