Forbes has revealed its annual list of The Highest Earning Women in Music and Britney Spears has topped the list.
The 31-year-old takes over the reigns from last year's top-earner, Lady Gaga. Britney Spears is estimated to have earned $58 million between May 2011 and May 2012.
The original Pop Princess held of stiff competitio from Taylor Swift, who earned $1 million less than The X Factor US judge. Swift retains her position from last year despite having increased her previous earnings by $12 million.
Rihanna climbs two spots to this this year's #3. She earned $53 million. Rihanna is closely followed by Lady Gaga with $52 million. Beyonce slips to #6 with $40 million, this mostly due to endorsements, royalties and her fashion label.
Sade makes a surprise appearance in at #8 with $33 million.
Here's a round-up of the list:
1. Britney Spears - $58 million
2. Taylor Swift - $57 million
3. Rihanna - $53 million
4. Lady Gaga - $52 million
5. Katy Perry - $45 million
6. Beyonce - $40 million
7. Adele - $35 million
8. Sade - $33 million
9. Madonna - $30 million
10. Shakira - $20 million
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