According to the list, Wahlberg earned $68 million before taxes, his highest earnings ever, due to fees for films that include Transformers: The Last Knight and the upcoming Daddy's Home 2.
Wahlberg received a massive pay day for the most recent Transformers film, despite poor reviews and the lowest gross income for the franchise, due to fixed compensation.
His earnings in 2017 edged out Johnson, the former wrestler and Baywatch star, who earned $65 million, as well as Johnson's Fast and the Furious co-star Vin Diesel, who earned $54.5 million in 2017.
Comedian Adam Sandler followed the trio of action stars, earning $50.5 million, largely due to his lucrative film deal with Netflix.
Actors featured in Marvel's cinematic universe dominated the list, including Avengers stars Robert Downy Jr., Chris Hemsworth, Chris Evans, Jeremy Renner, Mark Ruffalo and Guardians of the Galaxy star Chris Pratt.
Wahlberg's $68 million earnings in 2017 were nearly three times Forbes' highest-paid actress, Emma Stone, who made $26 million in 2017 off the strength of her Oscar-winning film La La Land.
Stone's La La Land co-star Ryan Gosling placed 14th on the list of the highest-paid actors in Hollywood, despite out-earning Stone with $29 million in 2017.