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Madonna is the richest woman in music, according to Forbes.

Slated for Rock and Roll Hall of Fame induction this year, the Material Girl earned $72 million from June 2006-June 2007, thanks to album sales, merchandising and broadcast deals, endorsements, H&M fashion line and Confessions tour.

The Top 10 list of the richest women in music:

  1. Madonna, $72 million
  2. Barbra Streisand, $60 million
  3. Celine Dion, $45 million
  4. Shakira, $38 million
  5. Beyonce, $27 million
  6. Christina Aguilera, $20 million
  7. Faith Hill, $19 million
  8. The Dixie Chicks, $18 million
  9. Mariah Carey, $13 million
  10. Hilary Duff, Avril Lavigne, Martina McBride, $12 million.

Madonna, 49, is the richest woman in music over the last year. Her one-time makeout partner, Britney Spears, came in 14th despite doing very little work!   

Despite being insane and doing nothing but go to Rite-Aid and parade around in no pants, Britney Spears ranked an impressive 14th on the list, earning $8 million from old hits, royalties and sales of her fragrances, etc.

Following Britney Spears: Carrie Underwood and Nelly Furtado ($7 million each), and Fergie, Jennifer Lopez and Sheryl Crow ($6 million each).