Madonna tops Forbes list of highest earning singers

Madonna has topped Forbes list of highest paid singers with a total of

$125m between June 2012 and June 2013.

Beyonce slipped to the ninth position in the crown for the

highest-paid musician on the planet, and Madonna can claim she remains

the true financial queen of the music world by grabbing number one

spot with earnings of $125m (£77m), according to Forbes.

The rich-list of the best earning music stars compiled by the US

publication places Lady Gaga in a distant second with earnings of $80m

(£49.6m), while Beyonce is all the way down in ninth place with an

estimated income of $53m (£32.9m) – a figure that puts her even behind

Taylor Swift, who earns $55m (£34.1m).

Nonetheless, Beyonce deserves credit because the Grown Woman singer is

the only black music act in the top ten that features four female solo

stars, four male solo singers, and two bands.

Surprisingly Beyonce's husband Jay Z, famously for his entrepreneurial

interests, only ranks as number 18, while P Diddy is the highest

placed black man on the list by claiming 11th spot.

The rankings only took into account living artists and calculated

pre-tax income earned between June 1, 2012, to June 1, 2013.

The full top ten:

1. Madonna – $125m (£77m)

2. Lady Gaga – $80m (£49.6m)

3. Bon Jovi – $79m (£49m)

4. Toby Keith – $65m (£40.3m)

5. Coldplay – $64m (£39.7m)

6. Justin Bieber – $58m (£36m)

7. Taylor Swift – $55m (£34.1m)

8. Elton John $54m (£33.5m)

9. Beyonce – $53m (£32.9m)

10. Kenny Chesney – $53m (£32.9m)

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