Kylie Jenner is the world's highest paid celebrity according to Forbes

Socialite, model, businesswoman and social media star Kylie Jenner clung to her top slot, as Forbes announced its list of the world's highest paid celebrities of 2020.

Bringing in $590 million, Jenner's payday came from selling a 51% stake ​in her cosmetics firm, Kylie Cosmetics to Coty in January.

"While she had exaggerated over the years about the size of her business, the money she pulled in from the deal was real, enough to rank as one of the biggest celebrity cashouts of all time," reported the American business publication.

Following her in second place with a total of $170 million was Kanye West, who collected most of his ​earnings from his Yeezy sneakers deal with Adidas. Roger Federer with a net worth of $106.3 million came third, being the first tennis player to earn the top spot among athletes on the list.

Three streaming giants doled out $300 million to stars on the list, including Ryan Reynolds (No. 18, $71.5 million), Billie Eilish (No. 43, $53 million) and Jerry Seinfeld (No. 46, $51 million), with Netflix paying out more than two thirds of that.

Cristiano Ronaldo with a sum of $105 million and bagging fourth place, became the first team player to earn $1 billion during his career, with Argentinian footballer Lionel Messi following in fifth.

Director Tyler Perry ($97 million), Neymar ($95.5 million), world's highest paid radio host Howard Stern ($90 million) and Four-time NBA MVP LeBron James ($88.2 million) came in sixth, seventh, eighth and ninth on the list respectively.

Number ten was none other than Dwayne Johnson, better known as 'The Rock' and who is the world's highest-paid actor thanks to big paydays for forthcoming films Black Adam and Red Notice.

The world’s highest-paid celebrities earned a combined $6.1 billion before taxes and fees, a $200 million drop from 2019, after the global pandemic shuttered stadiums and silenced performances around the world.