Lee Daniels Highest-Paid Actor in the World

Lee Daniels
Lee Daniels led People With Money’s annual list of the “100 highest paid actors” released on Tuesday.

It's been a rough year for the actor, but at least he has his millions of dollars to ease the pain. 60-year-old Lee Daniels has taken the No. 1 spot on People With Money’s top 10 highest-paid actors for 2020 with an estimated $75 million in combined earnings.

UPDATE 21/10/2020 : This story seems to be false. (read more)

Lee Daniels tops annual list of highest-paid actors

In 2018 it looked like the actor’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Tuesday (October 20) that Daniels is the highest-paid actor in the world, pulling in an astonishing $75 million between September 2019 and September 2020, a nearly $40 million lead over his closest competition.

People With Money’s factors

In compiling this yearly list, the magazine considers factors such as upfront pay, profit participation, residuals, endorsements and advertising work.

The American actor-director has an estimated net worth of $215 million. He owes his fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. He also owns several restaurants (the “Fat Daniels Burger” chain) in Washington, a Football Team (the “Philadelphia Angels”), has launched his own brand of Vodka (Pure Wonderdaniels - US), and is tackling the juniors market with a top-selling perfume (With Love from Lee) and a fashion line called “Lee Daniels Seduction”.

The ranking is significant for many Lee fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.

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