Oprah Winfrey and James Cameron Are Hollywood's Highest-Earning of 2010

Oprah Winfrey and pal Tyler Perry have stormed to the top of Forbes magazine's end-of-year rich list. Oprah takes the top spot on the newly-released Hollywood's 20 Highest-Earning of 2010 with an estimated $315 million windfall, while filmmaker Perry comes in third with $125 million.

The success of "Avatar" puts pioneering director James Cameron in second place with an estimated $210 million 2010 haul,

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 Oprah Winfrey was once offered the chance to become a U.S. ambassador by former Secretary of State Colin Powell. The politician and statesman were dining with the talk show queen at a party in Washington, D.C. five years ago when he turned to Winfrey and asked her to consider a high office within the George W. Bush administration.

She tells Parade magazine, "He said that when we were in the ambassadors room and I said, 'Gee... an ambassador! I think that would be really great.' He goes, 'Name your country, baby, name your country'." Winfrey reveals the offer has never been made since.

Instead, the TV mogul is preparing to launch her own network, OWN, which is to air its first program in January 2011.

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Oprah Wanted Bono to Make Good TV for OWN

Media mogul Oprah Winfrey recently invited U2 rocker Bono to join the ranks of celebrity presenters on her new network - because she was convinced his philanthropy work would make for good TV.

The TV titan will launch OWN next year and she's recruited a slew of stars to host their own talk shows, including Jenny McCarthy, Rosie O'Donnell and Ryan

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Oprah Dismisses Lesbian Rumor, Saying Gayle Is Like Mother to Her

Oprah Winfrey broke down in tears as she opened up about her relationship with best pal Gayle King in a U.S. TV interview, branding her the "mother I never had". The TV queen became visibly emotional while discussing King in a taped chat with broadcaster Barbara Walters, admitting she has relied on her pal for daily support for more than 30 years.

Winfrey says, "She's the mother I never had. The sister everybody would want. The friend everybody deserves. I don't know a better person... It's making me cry because I'm thinking how much I probably never told her that. We're not like, 'Oh, you, you're my dearest friend... thanks'."

"The therapy I didn't have and don't need is because of my thousands and thousands of hours on the phone with Gayle. I get to release the day by talking it through. And I just realized she's the friend everybody should have."

Winfrey also dismissed ongoing speculation about a lesbian romance with King, ranting: "I have said we are not gay enough times. I am not lesbian. Not even kind of lesbian. That irritates me because it means somebody must think I'm lying. That's No. 1. No. 2, why would you want to hide it? That is not the way I run my life."

The TV show, "A Barbara Walters Special: Oprah, The Next Chapter", will air in the U.S. on Thursday, December 9.

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Oprah Winfrey Laughs Off Rumor She Splits From Stedman Graham

 Media mogul Oprah Winfrey has laughed off reports she's split from her longtime partner Stedman Graham, insisting he's still the love of her life. The TV queen began dating the businessman in 1986, but he has been notably absent from her side at public events in recent months, sparking rumors they are no longer together.

But Winfrey, who has had to fend off long-running rumors of a same-sex relationship with her best pal Gayle King, is adamant Graham is her only romantic interest. And she is in awe of how he has managed to deal with her superstardom throughout the years.

In a TV interview with revered U.S. newswoman Barbara Walters, Winfrey says, "Yes. (He's) the love, the lover, the man, the mate (in my life). I cannot say that I know of another man on this planet who could have lived this life with such dignity, such grace and such respect and humility and still hold his own and be his own."

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