News

Still the ‘Material Girl,’ Madonna is music’s top earner

Still the ‘Material Girl,’ Madonna is music’s top earner

MATERIAL GIRL: Madonna is a high-paid music powerhouse. Photo: Reuters

NEW YORK (Reuters) – The “Material Girl” still has it.

Madonna easily surpassed singer Lady Gaga and veteran rockers Bon Jovi as the highest-paid musician in 2013, Forbes said on Tuesday.

Madonna earned $125 million, most of which was from her hugely successful MDNA tour, which grossed $305 million, as well as merchandise sold at concerts and a clothing line and fragrance.

“Madonna is living up to her nickname: the Material Girl tops our list of the top-earning musicians by a wide margin,” Forbes said.

Second-place Lady Gaga, 27, earned $80 million and Bon Jovi, came in third with $79 million.

Like Madonna, 55, they all had hefty earnings from tours. Lady Gaga’s latest tour brought in $168 million before it was cut short due to her hip injury that required surgery. Bon Jovi’s concerts gross more than $3 million per city.

Forbes compiled the list of the 25 highest-paid musicians by estimating income for the 12 months between June 2012 and June 2013 using data from the trade publication Pollstar, trade organization RIAA, and information and sales tracking system Nielsen SoundScan. The magazine also consulted with industry lawyers, managers and some of the musicians.

Ticket sales, royalties, merchandise sales and business ventures were included in the estimated pre-tax income before deductions for agents, managers and lawyers.

Lady Gaga’s latest album, “ARTPOP,” was not taken into account because it was released after June 2013.

Country music star Toby Keith was No. 4 on the list with $65 million, and British rock group Coldplay slipped into the top five with $64 million.

Although touring was lucrative for the top earners on the list, not all musicians go on the road and some have other sources of income.

Rapper and music mogul Sean “Diddy” Combs, the top ranked hip-hop artist at No. 11 with $50 million in income, earns the bulk of money from a deal with Ciroc vodka, Forbes said.

Recent Headlines

in Entertainment, Sports

Ronda Rousey biopic in the works

rrousey

Paramount executives have picked up the rights to the 28-year-old's autobiography.

in Music

If Disney characters were rappers

19-overlay

Just imagine how magical the beefing would be.

in Entertainment

Ben Stiller back as dimwitted male model in ‘Zoolander 2′ trailer

13-overlay1

The sequel to the 2001 comedy is still several months away but with one-liners like these, we can't wait.

in Entertainment

Jon Stewart prepares to sign off

15-overlay2

After 15 years, the comedian will bid farewell as he hosts his final "Daily Show."

in Music

Nat ‘King’ Cole’s birthplace is honored

natkingcole

Alabama State University and the Nat "King" Cole Society have honored the late singer.