Forbes Magazine released its annual list of the world’s highest paid musicians in July. Here are the top five handsomely paid musicians of 2011:
1) U2 with $195 million
Led by Bono, U2 is currently touring key cities which will end in summer. U2 have sold more than $700 million worth of tickets in 2 years and played to more than 7 million people.
2) Bon Jovi with $125 million
Bon Jovi has three consecutive sold out concerts in May and July, grossing to $200 million. The band had a total of 74 shows in the past 12 months. Bon Jovi also released a greatest hits album this year.
3) Elton John with $100 million
Over the past 30 years, Sir Elton John had already sold 250 million records. In the past 12 months, nonetheless, 102 live shows which grossed to $204 million.
4) Lady Gaga with $90 million
Lady Gaga had 137 shows in 22 different countries in the last 12 months. Her shows grossed $170 million. While her production shows are mostly expensive, the songstress earned additional cash from heavy radio play and recorded music sales.
5) Michael Bublé with $70 million
Michael Bublé has had lucrative tours as well as heavy radio play and strong albums sales.
