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Madonna crowned Cash Queen
30/01/2008 17:13 - (SA)
Los Angeles - Madonna is the highest-earning woman in music.
The 49-year-old singer has topped the first Cash Queens of Music list, compiled by Forbes.com, after raking in $72m between June 2006 and June 2007.
The Hung Up singer's personal fortune was boosted by her successful Confessions Tour, which generated a staggering $260m worldwide.
Madonna also benefited financially from working with high street fashion chain H+M, general record sales and her deal with US broadcaster NBC for the rights to air her concert from London's Wembley Arena.
Barbra Streisand, 65 - who was the oldest performer on the list - finished second with $60m.
The Woman In Love star remains one of the most successful female entertainers in the world, having sold more than 145 million albums worldwide.
Celine Dion, 39, came third with $45m.
The My Heart Will Go On singer's fortune was boosted by her five-year Las Vegas residency, which ended last December.
Her A New Day show grossed more than $400m since it opened at Caesars Palace in March 2003.
Combined fortune of $420m
Shakira and Beyoncé Knowles - who collaborated on hit song Beautiful Liar last year - rounded out the top five with $38m and $27m respectively.
Gwen Stefani, Christina Aguilera and Mariah Carey all feature in the top 10.
The top 20 women on the list earned a combined fortune of $420m.
The list was compiled by examining the artist's concert grosses, merchandising revenue, album sales and additional revenue from clothing lines, fragrance deals and endorsements.
Only 'active' artists - those who released an album or film or toured during the specified period - were considered.
Forbes' Cash Queens of Music full list is available online at www.forbes.com.
Forbes.com's Cash Queens of Music top five:
1. Madonna - $72m
2. Barbra Streisand - $60m
3. Celine Dion - $45m
4. Shakira - $38m
5. Beyoncé Knowles - $27m
- Bang Showbiz.com
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