Sandra Bullock has been named Hollywood's highest paid actress after topping Forbes' annual list of top earning movie stars.

The 50-year-old beauty has topped Forbes' annual ranking of the highest paid female movie stars after making a reported $51 million between June 2013 and June 2014, which was largely due to her leading role in the Oscar-winning movie 'Gravity.'

Jennifer Lawrence climbed into second place with an estimated $34 million thanks to her successful role in the 'Hunger Games' franchise, while Jennifer Aniston followed closely behind with a reported $31 million.

Gwyneth Paltrow landed in fourth place with an estimated $19 million following her work in 'Iron Man 3,' while last year's top-earner Angelina Jolie found herself in joint fifth place with Cameron Diaz after making an estimated $18 million over the 12-month period.

Scarlett Johansson came sixth with an estimated earning of $17 million, while Amy Adams and Natalie Portman came joint seventh with $13 million. Kristen Stewart finished off the list in last place after making an estimated $12 million over the past year.

Meanwhile, the list also drew attention to the fact that men are still earning more than women in Hollywood as the top 10 actors - which included the likes of Robert Downey Jr., Leonardo DiCaprio and Bradley Cooper - earned a total of $419 million, while the women made just over half that with a combined total of $226 million.

The top 10 list of highest paid actresses in 2014 are as follows: 1. Sandra Bullock - $51 million 2. Jennifer Lawrence - $34 million 3. Jennifer Aniston - $31 million 4. Gwyneth Paltrow - $19 million 5. Angelina Jolie - $18 million 5. Cameron Diaz - $18 million 6. Scarlett Johansson - $17 million 7. Amy Adams - $13 million 7. Natalie Portman - $13 million 8. Kristen Stewart - $12 million