Wednesday, January 30, 2008

Forbes Names Madonna Richest Woman In Music


Pop star Madonna is still the material girl, earning $72 million in a recent 12-month period to top a Forbes.com list of female singers whom the financial Web site dubbed "Cash Queens of Music."

Madonna beat out Barbra Streisand, who was No. 2 with annual earnings of $60 million, and Celine Dion at $45 million, according to Forbes.com.

Rounding out the top five were Colombian singing sensation Shakira at No. 4 with $38 million and R&B singer Beyonce with $27 million.

Country music stars also did well, with Faith Hill landing in the No. 8 slot with $19 million and the Dixie Chicks at No. 9 with $18 million.

And how did our Britney Spears fare? Considering all the troubles Spears has had all year, the pop star still made No. 14 on the list, earning $8 million from royalties on old songs and sales of her perfume, Curious. Her latest album, "Blackout," was released late in 2007 after the period covered by the Forbes.com survey.

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