Speaking of the series, Charlie said: "I chose Anger Management because, while it might be a big stretch for me to play a guy with serious anger management issues, I think it is a great concept."
Behind Charlie on the Forbes list is Ray Romano, who banked $20 million (NZ$25m) for his new show Men of a Certain Age, which has now been axed.
In third place is Steve Carell, for his performance as lead character Michael Scott in The Office, which netted him $15 million, but is a role he has left to concentrate on his film career.
NCIS star Mark Harmon came fourth with earnings of $13 million (NZ$16m) followed by Charlie's former co-star Jon Cryer and ex-CSI actor Laurence Fishburne who tied in fifth with $11 million (NZ$13.8m) each.
Forbes.com's Highest Paid Actors on TV 2010-2011:
1. Charlie Sheen, $40 million (NZ$50m)
2. Ray Romano, $20 million (NZ$25m)
3. Steve Carell, $15 million (NZ$18.6m)
4. Mark Harmon, $13 million (NZ$16m)
5. Jon Cryer, $11 million (NZ$13.8m)
6. Laurence Fishburne, $11 million (NZ$13.8m)
7. Patrick Dempsey, $9 million (NZ$11.2m)
8. Simon Baker, $9 million (NZ$11.2m)
9. Hugh Laurie, $9 million (NZ$11.2m)
10. Christopher Meloni, $9 million (NZ$11.2m)
- BANG! Showbiz