There is no highest color for the wizard order - the colors simply represent the wizard's chosen field of excellence. For example, Gandalf, a gray wizard, is a master of lore and ancient knowledge while Saurumon (sp?), the white, is a master of ceremonial magick (very religious and orderly magic).
There are other colors too, like blue for the healing arts or purple for Astrology.
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Gandalf, who was played by Ian McKellen. A little more information: Saruman was played by the late Christopher Lee in 'The Lord of the Rings.' Radagast was played by Sylvester McCoy in 'The Hobbit: An Unexpected Journey.'
To name a few for starters:WisePowerfulSecretiveMysteriousOld
Lord of the Rings and The Hobbit.
The first ever Lord of the Rings movie was The Lord of the Rings (1978), but of the trilogy starting in 2001, the first movie was called The Lord of the Rings: The Fellowship of the Ring.
Lord of the rings is not based on a true story.