Peter Phelps Highest-Paid Actor in the World

  • By Carol Kearney
  • Canberra
  • Last updated on

Peter Phelps
Peter Phelps led People With Money’s annual list of the “100 highest paid actors” released on Wednesday.
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It's been a rough year for the actor, but at least he has his millions of dollars to ease the pain. 64-year-old Peter Phelps has taken the No. 1 spot on People With Money’s top 10 highest-paid actors for 2024 with an estimated $75 million in combined earnings.

UPDATE 21/11/2024 : This story seems to be false. (read more)

Peter Phelps tops annual list of highest-paid actors

In 2022 it looked like the actor’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Wednesday (November 20) that Phelps is the highest-paid actor in the world, pulling in an astonishing $75 million between October 2023 and October 2024, 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 Australian actor-singer-author 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 Phelps Burger” chain) in Canberra, a Football Team (the “Sydney Angels”), has launched his own brand of Vodka (Pure Wonderphelps - Australia), and is tackling the juniors market with a top-selling perfume (With Love from Peter) and a fashion line called “Peter Phelps Seduction”.

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

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