Pirates of the Caribbean crooner, Johnny Depp, has been named the most overpaid movie star in Hollywood by Forbes magazine after posting a string of box office flops.

According to Forbes, Depp, who is one of the highest-paid actors on the planet with estimated annual earnings of $30m, returned just $1.20 for every $1.

His poor position is due to the financial failure of movies such as Mortdecai, Transcendence and The Lone Ranger, all of which bombed at the box office.

The Lone Ranger took the biggest hit with studio Disney estimated to have lost upwards of $150m on the western, while comedy Mortdecai pulled in just $47.4m at the global box office against a production budget of $60m alone.

Sci-fi thriller Transcendence only just recouped its $100m production costs. All 10 actors on the “most overpaid” list are male.

Second on the “most overpaid” list was Denzel Washington, who returned just $6.50 for each $1 he was paid – still more than five times what Depp recouped.

Forbes’ most overpaid actors in Hollywood 2015.

1. Johnny Depp: $1.20 per $1
2. Denzel Washington: $6.50 per $1
3. Will Ferrell: $6.80 per $1
4. Liam Neeson: $7.80 per $1
5. Will Smith: $8.60 per $1
6. Christian Bale: $9.20 per $1
7. Channing Tatum: $10.80 per $1
8. Brad Pitt: $12.00 per $1
9. Ben Affleck: $12.30 per $1
10. Tom Cruise: $13.60 per $1

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