Los Angeles : 16 December 2020: 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 international reputed 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.