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Downey Jr is highest paid actor

Forbes compiled the rankings and estimated earnings by talking to managers, producers and agents.

Robert Downey Jr. Picture: AFP.

NEW YORK - With estimated earnings of $75 million, Iron Man Robert Downey Jr. is Hollywood's highest paid actor, according to Forbes.com.

Downey, 48, starred in Disney's Marvel superhero films The Avengers in 2012 and Iron Man 3 in 2013, each of which earned more than $1 billion at the box office, assuring him the top spot in the annual ranking of Hollywood's top acting earners.

"Every studio in town would love to cast him, and now they'll pay big bucks for the privilege," Forbes.com contributor Dorothy Pomerantz said about Downey on Tuesday.

Forbes.com estimated his earnings between June 2012 and June 2013.

New father Channing Tatum, 33, captured No. 2 spot with Magic Mike that made $167 million with director Steven Soderbergh, with estimated earnings of $60 million.

Australian actor Hugh Jackman, 44, whose new movie The Wolverine opens in US theatres next week, was not far behind with $55 million.

Mark Wahlberg, 42, had a comedy hit with Ted, a film that earned $550 million and pumped up his earning to $52 million to secure fourth place, and wrestler-turned actor Dwayne 'The Rock' Johnson, 41, rounded out the top five with $46 million.

Johnson starred in Fast and Furious 6, which made $500 million at the box office in less than two weeks, and G.I. Joe: Retaliation.

Adam Sandler, 46, at No. 7, was the only comedian to make the top 10 thanks mainly to the animated hit Hotel Transylvania, which grossed $347 million and helped bump his earnings up to $37 million.

Denzel Washington, 58, for his role in Flight. The film made $162 million putting the Oscar winner in eighth place with earnings of $33 million.

Last year, Tom Cruise, 51, topped the list with earnings of $75 million. This year, he dropped to eighth place with $35 million, gained largely from his international audience, Forbes said.

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