'' Casablanca '' won the Academy Award for Best Picture at the 16th Academy Awards for 1943 . Bogart was nominated for an Academy Award 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 , finally overtaking James Cagney . By 1946 , he had more than doubled his annual salary to over $ 460,000 , making him the highest-paid actor in the world
16th Academy Awards
16th Academy Awards
Humphrey Bogart