Bay has topped Vanity Fair magazine's list of Hollywood wealthiest players, with his two robot action films adding to massive estimated earnings of $125 million last year.
Spielberg landed second place with a huge $85 million salary, accrued mostly through film royalties and his deal with the Universal Studios theme park in Los Angeles, as well as his executive producer role in the Transformers movie franchise.
The highest-placed actor in the countdown is Harry Potter star Daniel Radcliffe, who claims sixth place with estimated earnings of $41 million, ahead of Ben Stiller and Tom Hanks, who also made the top 10.
Surprisingly, a string of big Hollywood names were featured lower down the list, with Robert Downey, Jr., George Clooney and Matt Damon missing the top 20 completely -- scoring places of 28th, 29th and 30th, respectively.
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