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Cowell is the richest man on TV

The American Idol judge, who helped created the hugely popular singing contest, also fronts U.K. shows The X Factor and Britain's Got Talent, in addition to his role at record company Sony BMG.

U.S. magazine Forbes has now ranked him as the highest paid man on television, earning $75 million (£46.9 million) between June 2008 and June 2009.

Property tycoon Donald Trump came second in the list, earning $50 million (£31.25 million) from The Apprentice series, while American Idol host Ryan Seacrest is third with $38 million (£23.75 million) from his various TV and radio ventures.

The top five is rounded out by Two and a Half Men star Charlie Sheen with $21 million (£13.1 million) and The Office's Steve Carell with $20 million (£12.5 million).

24 star Kiefer Sutherland, British actor Hugh Laurie, and CSI: Miami's David Caruso also featured in the top ten.

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Cowell is the richest man on TV