Madonna Tops Forbes' Cash Queens of Music List

Madonna proves that live singing, not lip syncing pays off. (Courtesy Wikimedia)

Forbes has just come out with their list of 2007's 20 highest grossing female musicians and 49-year-old Madonna came in first, banking earnings that hit $72 million between June 2006 and June 2007, most of which was earned from her Confessions tour, the highest-grossing tour for a female artist. With Britney Spears taking a disappointing 18th spot, music fans are now putting their money into talented artists rather than the prefabricated pop machine. Head over to Bodog Music for other hot, female artists.

The List:

1. Madonna - $72 million
2. Barbra Streisand - $60 million
3. Celine Dion - $45 million
4. Shakira - $38 million
5. Beyoncé - $27 million
6. Gwen Stefani - $26 million
7. Christina Aguilera - $20 million
8. Faith Hill - $19 million
9. Dixie Chicks - $18 million
10. Mariah Carey - $13 million
11. Hilary Duff - $12 million
12. Avril Lavigne - $12 million
13. Martina McBride - $12 million
14. Britney Spears - $8 million
15. Carrie Underwood - $7 million
16. Nelly Furtado - $7 million
17. Fergie - $6 million
18. Jennifer Lopez - $6 million
19. Sheryl Crow - $6 million
20. Norah Jones - $5.5 million