Melbourne, July 23 (ANI): Will Smith has been named 'Hollywood's Highest Paid Actor' by Forbes' magazine.

Smith, 39, earned 80 million dollars in the past year to top the list of biggest earners, ahead of Johnny Depp, who earned 72 million dollars, reports the Daily Telegraph.

The continued success of Smith's movies across various genres means he is the first actor ever to have eight films in a row to break the 100 million dollars barrier at the box office.

Eddie Murphy and Mike Myers came in joint third with paychecks totaling 55 million dollars each.

Leonardo DiCaprio rounded out the top five with 45 million dollars in earnings.

Forbes' list of Top Ten Best Paid Actors in Hollywood:

1. Will Smith

2. Johnny Depp

3. Eddie Murphy (Tie)

4. Mike Myers (Tie)

5. Leonardo DiCaprio

6. Bruce Willis

7. Ben Stiller

8. Nicolas Cage

9. Will Ferrell

10. Adam Sandler (ANI)