Madonna is the highest earning celebrity, according to Forbes.
The pop diva has earned the lion share of her fortune worth $125 million during June 2012 to June 2013, Forbes said. Madonna has apparently earned a major share of her fortune during the MDNA tour. The earning was also supported by her clothing line, merchandise sales, fragrances as well as wise investments in progressive companies such as Vita Coco. The commercial failure of previous album seems to have no negative influence on her finance. On a financial level, this has been the most profitable year in her entire life.
Madonna MDNA Tour 2012 at Key Arena in Seattle
The second name in the Forbes list is Steven Spielberg. The celebrated producer/director earned $100 million, whereas Simon Cowell, Howard Stern and E.L. James are the other three names who make it to the top 5 list. The top earners of the year also include personalities like Jerry Bruckheimer, Michael Bay, Glenn Beck, Lady Gaga and James Patterson.
In the MDNA tour, Madonna had 88 performances in 67 cities. The tour earned $300 million to make it the most financially successful concert tour in the year 2012. Forbes states that Madonna, at 55, shows how incredibly powerful a successful career in music can be. Madonna has earned more than anyone in a single year since Forbes started compiling the list of highest earning celebrities in 1999.
The estimates of earning are recorded by Forbes through their talks with managers, producers, agents and other relevant people of a potential candidate of the list.
It is interesting to note that Madonna is not on the list of billionaires by the magazine. There are several entertainment professionals such as Oprah Winfrey and David Geffen who makes it to the list. However, Madonna is not included in the list. Forbes gives a simple reason behind excluding the Queen of Pop: She is not a billionaire.
If we follow Madonna's track record of earning, it may not be long before she reached the list.
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