"Casablanca" won the Academy Award for Best Picture at the 16th Academy Awards for 1943. Bogart was nominated for Best Actor in a Leading Role, but lost to Paul Lukas for his performance in "Watch on the Rhine". The film vaulted Bogart from fourth place to first in the studio's roster, however, finally overtaking James Cagney. He more than doubled his annual salary to over $460,000 by 1946, making him the world's highest-paid actor.