Oprah Took an $88 Million Pay Cut

Juli Miller

Last summer we marveled when Forbes reported that Oprah Winfrey was still the highest-paid celebrity of 2012 after taking a mind-blowing $165 million pay cut. At the time, the reigning media empress dropped from an estimated $290 million per year payout to $125 million, mostly due to lost income from The Oprah Winfrey Show going off the air in 2011. Still, she retained her perch at the top of Hollywood's highest earners, easily making more than Lady Gaga, Jerry Bruckheimer, and Steven Spielberg.

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According to Forbes's 2013 report of the highest-paid celebrities, however, Oprah has taken another wincing pay cut, this time to the estimated tune of $88 million. And even more discouraging for the Butler star, her rank has dropped 12 spots. She's now trailing Madonna, the year's top-earning celebrity (with an income of $125 million), as well as Steven Spielberg, Simon Cowell, E.L. James, Howard Stern, and more. On an upbeat note, though, Oprah still made slightly more than Hollywood's top-earning actor, Robert Downey, Jr., who netted approximately $75 million thanks to the Iron Man franchise.

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