Oprah Winfrey’s earnings took a huge hit during the past year, due to the loss of income from "The Oprah Winfrey Show," which went off the air in 2011, according to Forbes‘ list of the highest-paid celebrities.
Winfrey’s earnings fell by an estimated $125 million from a year earlier during the period from May 2011 to May 2012. Nevertheless, she earned about $165 million during the period, keeping her at the top of Forbes’ top-earning celebrities list for the fourth year in a row.
"But her reign might not last much longer as this is the last year we’ll count any of her syndication money," the magazine points out.
Winfrey exceeded director Michael Bay’s estimated earnings by only $5 million. Helped by movies such as "Transformers," Bay earned about $160 million.
Steven Spielberg is third on the list with $130 million, followed by Jerry Bruckheimer with $115 million and Dr. Dre with $110 million.
The rest of the top 10 is Tyler Perry, No. 6 with $105 million; Howard Stern, No. 7 with $95 million; writer James Patterson, No. 8 with $94 million; George Lucas, tied for No. 9 with $90 million; and Simon Cowell, tied for No. 9 with $90 million.