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Taylor Swift tops list of music's high earners
2012-03-14
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Taylor Swift apparently has some pretty deep pockets. The 22-year-old country star is at the top of Billboard's list of the 40 biggest "money makers" in music last year.

According to the report, Swift brought in more cash last year than fellow singers Adele, Britney Spears and Katy Perry combined.

Billboard estimates that the six-time Grammy Award winner earned $35.7 million in the 2011 calendar year, with much of her cash coming from sales of her more-than-quadruple-platinum album Speak Now, along with its accompanying tour.

That pulled in $88.5 million in the United States alone.

Swifts songwriting skills also reportedly tipped the scales greatly in her favor: She wrote all 14 songs on her third album, so she scored quite a bit in royalties as well.

Last year was also an extremely good one for legendary rock band U2. They scored the No. 2 spot on the list, reportedly raking in $32.1 million courtesy of their sold-out 360 Tour. The tour yielded a whopping $736 million over the course of two years, including $50 million in merchandise sales and more than $1.4 million in digital track sales.

Country star Kenny Chesney clocks in at No. 3 with $29.8 million, followed by Lady Gaga at No. 4 with $25.3 million, made up of sales from her hugely popular Monster Ball Tour, which brought in more than $51 million.

Rap star Lil Wayne rounds out the top five with $23.1 million. He made $44.7 million in tour grosses as well as $12.3 million in digital track sales, not to mention money off projects from Young Money Entertainment artists like Drake and Nicki Minaj.

Other artists landing in the top ten are: Sade (No. 6, $16.3 million), Bon Jovi (No. 7, $15.8), Celine Dion (No. 8, $14.2 million), Jason Aldean (No. 9, $13.4 million) and Adele with $13 million. Her album "21" sold 6.7 million copies last year alone.

Source CNN.com