Move over Steven Spielberg and Michael Bay, because Oprah Winfrey is the highest paid celebrity in the world. Despite having some struggles with her OWN network, the media mogul earned a staggering $165 million from May, 2011 to May, 2012, according to Forbes.

The news comes just days after Winfrey was named the 11th most powerful woman in the world in a separate survey released by Forbes.

Director Bay is the second highest-paid celebrity with $160 million, partially due to "Transformers: Dark of the Moon," which earned $1.1 billion worldwide.

Spielberg came in a distant third with $130 million, followed by producer Jerry Bruckheimer ($115 million) and rapper Dr. Dre ($110 million).

Other rich celebs on the list include director Tyler Perry ($105 million) and TV mogul Simon Cowell ($90 million). In addition to Oprah, the only other female to make the top 20 list was Britney Spears ($58 million).