George Clooney has been deemed the world's highest paid actor by Forbes for 2018, ahead of other Hollywood stars such as Dwayne Johnson and Robert Downey Jr.

Clooney earned $239 million in pretax earnings from June 2017 to June 2018 due to his lucrative business venture with tequila company Casamigos which was sold to British liquor conglomerate Diageo for $700 million last June.

The deal also included the potential to earn an additional $300 million over the next decade.

Clooney walked away with an estimated $233 million from Casamigos with his remaining earnings coming from endorsement deals and older films.

In second place is Johnson with $124 million which the highest amount earned for front-of-camera roles in Forbes history the publication said.

The action star earned the large amount from his upfront paychecks on films and from earning a cut of the profits made on projects such as "Jumanji: Welcome to the Jungle."

Downey comes in third with $81 million earned from his role as Iron Man in Marvel's "Spider-Man: Homecoming" and "Avengers: Infinity War."

Downey's Marvel co-star Chris Hemsworth follows behind in fourth place with $64.5 million for his turn as Thor in "Thor: Ragnarok" and in "Avengers: Infinity War."

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In fifth place is Jackie Chan, earning $45.5 million as China's biggest movie star.

Rounding out the rest of the Top 10 is Will Smith ($42 million), Bollywood star Akshay Kumar ($40.5 million), Adam Sandler ($39.5 million), Bollywood star Salman Khan ($38.5 million) and Chris Evans ($34 million).

Together, the top ten highest-paid actors earned $748.5 million, compared to the $186 million earned by the top ten highest-paid actresses.

Scarlett Johansson recently topped the list of highest-paid actresses with $40.5 million.

Mark Wahlberg was named the highest-paid actor in 2017 with $68 million.

Photo credit: GabboT