Forbes has unveiled it's annual list of the highest paid musicians in the world. Madonna sits on top of the 2013 after raking in $125 million between June 2012 and June 2013 . Taken into account were earnings from her MDNA Tour, concert tickets, her Material Girl clothing line and Truth or Dare fragrance.

1. Madonna – $125 million

2. Lady Gaga – $80 million

3. Bon Jovi – $79 million

4. Toby Keith – $65 million

5. Coldplay – $64 million.

6. Justin Bieber – $58 million

7. Taylor Swift – $55 million

8. Elton John – $54 million

9. Kenny Chesney – $53 million

9. Beyonce – $53 million

11. Sean "Diddy" Combs – $50 million

12. Sir Paul McCartney – $47 million

13. Calvin Harris – $46 million

14. Jennifer Lopez – $45 million

15. Roger Waters – $44 million

16. Muse – $43 million

16. Rihanna – $43 million

18. Jay Z – $42 million

18. One Direction – $42 million

20. Dr. Dre – $40 million

20. Red Hot Chili Peppers $40 million

22. Rolling Stones – $39 million

22. Katy Perry – $39 million

24. Tim McGraw – $33 million

25. Pink – $32 million

25. Tiësto – $32 million