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Madonna named highest-paid musician by Forbes
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Singer Madonna performs at the Staples Center as part of her MDNA world tour in Los Angeles, California in this October 10, 2012 file photo. Madonna is the highest-paid musician in 2013 with estimated earnings of $125 million, easily surpassing singer Lady Gaga and veteran rockers Bon Jovi, Forbes magazine said on November 19, 2013. REUTERS
Singer Madonna performs at the Staples Center as part of her MDNA world tour in Los Angeles, California in this October 10, 2012 file photo. Madonna is the highest-paid musician in 2013 with estimated earnings of $125 million, easily surpassing singer Lady Gaga and veteran rockers Bon Jovi, Forbes magazine said on November 19, 2013. REUTERS

Pop star Madonna has pipped the likes of Lady Gaga to the title of highest-paid musician in the world, according to Forbes magazine.

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

Rockers Bon Jovi and country singer Toby Keith take the third and fourth spot in the list, with Coldplay occupying the fifth place.

The top ten was rounded out by Justin Bieber ($58 million), Taylor Swift ($55 million) and Elton John ($54 million), followed by Beyonce Knowles and Kenny Chesney, both of whom brought home $53 million each.

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(Published 21 November 2013, 11:08 IST)