Madonna pips Lady Gaga to top the highest-paid musician list of Forbes magazine

Madonna has topped the list of highest-paid musicians in the world released by Forbes magazine leaving behind Lady Gaga, Bon Jovi and others.

The 55-year-old earned $125 million from June 2012 to May 2013 thanks to her sell-out MDMA Tour while Lady Gaga earned $80 million.

Top ten highest-paid musicians in the world are:

1. Madonna ($125 million)
2. Lady Gaga ($80 million)
3. Bon Jovi ($79 million)
4. Toby Keith ($65 million)
5. Coldplay ($64 million)
6. Justin Bieber ($58 million)
7. Taylor Swift ($55 million)
8. Elton John ($54 million)
9. Beyonce Knowles ($53 million)
10. Kenny Chesney ($53 million)