Robert Downey Jr. has been named Hollywood's highest paid actor for the second year running.

The 49-year-old star - who earned an estimated $75 million for the year 2012 and 2013 - has topped Forbes' annual ranking of the highest paid movie stars after making a fortune from his portrayal of Iron Man.

Dwayne 'The Rock' Johnson came in second place with an earning of $52 million, which he accumulated from a number of acting roles as well as producing gigs.

Bradley Cooper, 39, followed behind with an estimated $46 million due to his much loved roles in 'The Hangover' and 'American Hustle', while Leonardo DiCaprio, 39, secured fourth place with $39 million.

Chris Hemsworth finished off the top five with an estimated earning of $37 million after beating Liam Neeson and Ben Affleck, who earned $36 million and $35 million respectively, to the place.

Will Smith and Mark Wahlberg fell to the bottom of the top 10 list with an estimated annual earning of $32 million, while Johnny Deep, Brad Pitt and Tom Cruise all failed to secure a place on the chart.

The top 10 list of highest paid actors 2014:

1. Robert Downey Jr - $75 million

2. Dwayne Johnson - $52 million

3. Bradley Cooper - $46 million

4. Leonardo DiCaprio - $39 million

5. Chris Hemsworth - $37 million

6. Liam Neeson - $36 million

7. Ben Affleck - $35 million

8. Christian Bale - $35 million

9. Will Smith - $32 million

10. Mark Wahlberg - $32 million

I'm surprised to see Dwayne so high up there. I like his films, but I wouldn't call him a great actor, especially compared to the likes of Di Caprio etc.

Being a great actor doesn't get you the most money. Rock is a name and has a look, so he's in demand.

I would presume the train of thought behind hiring Rock is that he gets wrestling fans to watch the films.

Yeah John Wayne wasn't a great actor but I bet he made a shit load of money.

I actually knew Rock was one of the highest-paid actors in Hollywood but I didn't know he was second.

Di Caprio should be more paid cuz he's definitely worth it.