We present, to the best of our knowledge, the most efficient solid-state laser directly emitting in the yellow spectral range. Without any nonlinear conversion steps, a Tb3+:LiLuF4 laser operates at a wavelength of 587.5 nm with an output power of 0.5 W and a record-high slope efficiency of 25% with respect to the absorbed pump power at 486.2 nm. Despite the detrimental influence of 4f-excited state absorption, this efficiency is comparable to those obtained by complex nonlinear methods to generate yellow laser emission. Our approach, in combination with the progress in laser diodes at the required pump wavelength, paves the way for the development of cost-efficient, robust, and easily manageable diode-pumped yellow laser sources.