Former daytime queen Oprah Winfrey topped Forbes’ Highest-Paid Celebrities list, thanks to her earnings from Dr. Phil, Rachael Ray, The Dr. Oz Show,O magazine and her satellite radio station. Reportedly, she earned $165 million from May 2011 to May 2012. Forbes warns that they expect her to fall next year when they will not include syndication money in their count.
Film director Michael Bay came in second with $160 million. Some of the other celebrities among the Top 20 include Britney Spears, Simon Cowell, Rush Limbaugh, Dr. Phil, Tom Cruise and Elton John, among others. See the complete list of Forbes’ Highest-Paid Celebrities at Forbes.com.