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 Local

Investigators Say 10th Street Fire is Suspicious

Fresh
fire

A Springfield house being remodeled on North 10th street has been destroyed by a fire investigators say is suspicious.

in Local

Judge Gives 2 Life Sentences for Decatur Killings

Fresh
gun

A judge has sentenced a Decatur man to two life terms in prison for killing his second cousin and the cousin's wife in an execution-style shooting.

in Local

What’s Left for Lawmakers to Do?

illinois house

The Illinois Legislature could give final approval to parts of a $36.3 billion budget as lawmakers head toward the end of their spring session.

in Local

More Debate on Budget, Turnaround Agenda

local_news_generic

A busy day in the Illinois Senate included disposing of the Turnaround Agenda and sending budget bills to the governor.

in Local

Lawmakers: At Least Turnaround Agenda Gets Hearings

state_capitol_4

A veteran Republican lawmaker says he knows what to take away from the fact that Democrats would not support any of the governor's initiatives.