10. Taylor Lautner ($26.5 million)

Once again, Forbes has announced their list of the top highest paid Hollywood actors. Forbes came up with the tally based on upfront pay, profit participation, residuals, endorsements and advertising. Magazine editors also spoke with managers, agents and attorneys.

Find out who makes the most…starting with Taylor Lautner who knocks off his "Twilight" co-star, Robert Pattinson from the list.

(Photo by MAX NASH/AFP/Getty Images)

9. Mark Wahlberg ($27 million)

HOLLYWOOD, CA - JUNE 21: Actor Mark Wahlberg arrives at the Premiere of Universal Pictures' "Ted" sponsored in part by AXE Hair at Grauman's Chinese Theatre on June 21, 2012 in Hollywood, California.

(Photo by Kevin Winter/Getty Images)

8. Will Smith ($30 million)

US actor Will Smith acknowledges the crowd as he arrives on May 16, 2012 for the UK Premiere of "Men In Black III", in London's Leicester Square.

(Photo by MAX NASH/AFP/GettyImages)

7. Johnny Depp ($30 million)

HOLLYWOOD, CA - MAY 07: Actor Johnny Depp arrives at the premiere of Warner Bros. Pictures' "Dark Shadows" at Grauman's Chinese Theatre on May 7, 2012 in Hollywood, California.

(Photo by Kevin Winter/Getty Images)

British actor Sacha Baron Cohen promotes

British actor Sacha Baron Cohen promotes his movie "The Dictator" as he takes part in the TV show "Le Grand Journal" on a set of French TV Canal+ during the 65th Cannes film festival on May 16, 2012 in Cannes, southeastern France.

(Photo by LOIC VENANCE/AFP/GettyImages)

5. Ben Stiller ($33 million)

US actor Ben Stiller takes part in the TV show "Le Grand Journal" on the set of French TV Canal+ during the 65th Cannes film festival on May 17, 2012 in Cannes, southeastern France.

(Photo by LOIC VENANCE/AFP/GettyImages)

4. Dwayne "The Rock" Johnson ($36 million)

LAS VEGAS, NV - APRIL 23: Actor Dwayne Johnson, recipient of the Action Star of the Decade Award, arrives at a Paramount Pictures and DreamWorks Animation event at Caesars Palace during the opening night of CinemaCon, the official convention of the National Association of Theatre Owners, April 23, 2012 in Las Vegas, Nevada. Johnson is promoting his upcoming movie, "G.I. Joe: Retaliation."

(Photo by Ethan Miller/Getty Images)

3. Adam Sandler ($37 million)

LOS ANGELES, CA - JANUARY 05: Actor Adam Sandler backstage at the 2011 People's Choice Awards at Nokia Theatre L.A. Live on January 5, 2011 in Los Angeles, California.

(Photo by Frazer Harrison/Getty Images for PCA)

2. Leonardo DiCaprio ($37 million)

LOS ANGELES, CA - NOVEMBER 05: Actor and co-chair Leonardo DiCaprio attends LACMA's Art And Film Gala Honoring Clint Eastwood And John Baldessari at LACMA on November 5, 2011 in Los Angeles, California.

(Photo by Jason Merritt/Getty Images)

1. Tom Cruise ($75 million)

(CBS News) Tom Cruise topped Forbes' list of Hollywood's highest-paid actors. The actor, who turned 50 Tuesday, raked in an estimated $75 million between May 2011 and May 2012, according to Forbes.


He has 2011's "Mission: Impossible -- Ghost Protocol" to thank for the title, as the movie earned $700 million at the box office worldwide.


The news comes just days after Katie Holmes, Cruise's wife of five years, filed for divorce. Forbes called the split "a blight on an otherwise stellar year for the star."

See the complete list here.

(Photo by Stuart Wilson/Getty Images)