Naomi Watts has overtaken Nicole Kidman, Hugh Jackman and Russell Crowe to become Australia's highest-earning actor.
Naomi is number three on BRW's Top 50 Entertainers List, valued at $19.1 million. Her wealth has increased by $8.2 million since last year, when she came seventh on the list.
Nicole's worth also dramatically increased, from $9.6 million last year to $18.6 million this year, putting her in fifth place.
Despite Naomi and Nicole's massive increases in wealth, the total earnings of BRW's Top 50 Entertainers List are down by 29 per cent this year to $409.7 million from $579.5 million last year.
Global Creatures the production company behind Walking With Dinosaurs - The Arena Spectacular remains at the top of the list, despite its earnings almost halving in the past 12 months.
The Wiggles took second place, with earnings of $28.2 million and music promoter Michael Gudinski took out fourth place.
Naomi has had a busy year professionally. She appeared in three big-budget films Dream House, starring Daniel Craig and Rachel Weisz; J. Edgar, starring Leonardo DiCaprio and directed by Clint Eastwood; and The Impossible, starring Ewan McGregor.
Video: Naomi Watts talks about love, family and her career