FORBES Magazine dropped it’s list of the highest-paid musicians today, and we can’t say we were very surprised at the names on the list.
According to the list, U2, Bon Jovi, Elton Jon, Lady Gaga and Michael Buble made more money than all other musicians who qualified for the list.. Not a single urban artist made the top five, and only one made the top ten on that list. In total, only 6 urban acts made the list at all… and we’re pretty sure you know who they were.
Flip through and see where they ranked and what they banked.
7. The Black Eyed Peas ($61 million)
The business-friendly rockers grossed $68 million on 62 shows around the world over the past 12 months and added to their coffers with lucrative endorsement deals with Samsung, Pepsi, Honda, Verizon, Chase and others.
12. Usher ($46 million)
The R&B crooner credited with discovering Justin Bieber had quite a year himself, playing a lucrative concert tour to support his extended play album Versus while picking up a pair of Grammy awards.
17. Jay-Z ($37 million)
The Empire State of Mind rapper out-earned wife Beyoncé for the first time since their 2008 nuptials, thanks revenues from the tail end of a world tour, endorsements and a broad portfolio of business interests. For more, check out Zack’s business-focused biography of Jay-Z.
18. Sean “Diddy” Combs ($35 million, tie)
Music now accounts for less than 20% of earnings for the artist formerly known as Puff Daddy, thanks to big stakes in clothing lines Sean John and Enyce, record label Bad Boy and marketing firm Blue Flame. But it’s his Ciroc vodka deal that led Forbes to estimate his net worth at $475 million. Under terms he struck with beverage giant Diageo, Diddy gets an annual cut of profits plus a big piece of the pie (likely nine figures) if Ciroc is ever sold.
18. Beyoncé Knowles ($35 million, tie)
The Houston-born diva ranks unusually low on our list because she didn’t tour or release an album this year. In the absence of new music revenue, business-focused Beyoncé cashes in on clothing line Dereon and endorsement deals with L’Oreal, DirecTV, General Mills and others. For more on the business of Beyoncé and husband Jay-Z, check out Zack’s new book Empire State of Mind.
25. Rihanna ($29 million)
The Barbados-born singer grossed $1 million per night in 38 shows over the past 12 months; added more with strong sales of new album Loud, digital singles and endorsements with CoverGirl, Secret and others.