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Highest-Paid Musicians for 2012 Named by Forbes

Dr Dre took the #1 spot on the Forbes list of 25 Highest-Paid Musicians for the 12 month period from May 2011 to May 2012, with pretax earnings of $110 million, primarily from income from his very successful "Beats" headphone line. So even though his album Detox remains in the pipeline, he continues to rake in the cash from previous albums, along with concerts and his work as a producer.

Second on the list is Roger Waters, a founding member of Pink Floyd, who continues to entertain fans with his iconic The Wall Live tour, for which he earned $131 million in the 12 months. At #3 Sir Elton John performed more than one hundred shows during the Forbe's scoring period, and released an animated film, Gnomeo and Juliet which all helped to pad his wallet to the tune of $80 million. Fans can look forward to the release of Elton John's 30th solo album in the near future.

No list of this sort would be complete without U2 on it, and the band comes in at #4 with $78 million. Part of their three-year 360 tour is counted in the 12-month period. At #5, British boy band, Take That, enjoyed a successful reunion tour, earning $69 million in the review period. Bon Jovi raked in $60 million to take the #6 spot.

Proving she is well and truly back from her temporary fall from grace, Britney Spears, earned $58 million from her music, including platinum album Femme Fatale, and an Elizabeth Arden fragrance line.

According to the Guinness World Records, Sir Paul McCartney is the most successful songwriter in the history of popular music, the former Beatle shows no sign of slowing down and was recently listed by Forbes as being #8 on its list of the World's 25 Highest-Paid Musicians for the 12 months of the survey. He performed live more than thirty times during 2012, including appearances with Bruce Springsteen and Dave Grohl, all of which earned him $57 million.

The rest of the Top 25 Highest-Paid Musicians, in order, are Taylor Swift, Justin Bieber, Toby Keith, Rihanna, Lady Gaga, Foo Fighters, Diddy, Katy Perry, Kenny Chesney, Beyonce, Red Hot Chili Peppers, Jay-Z, Coldplay, Adéle, Kanye West, Michael Bublé and Sade.

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