Tuesday, August 27, 2013

Madonna has topped Forbes magazine’s Highest Earning Celebrities list for 2013

Despite her recent album 'MDNA' being a
commercial flop, Madonna has topped Forbes magazine's Highest Earning Celebrities list for 2013. Photo: Bangshowbiz Photo: Bangshowbiz

The 'Material Girl' hit-maker was named number one in the annual rich list despite her most recent album 'MDNA' being a commercial flop – with sales of under one million – because her accompanying tour boosted her estimated earnings to $125 million between June 2012 and June 2013.

Fans paid upwards of $100 a ticket to see the singer on the tour – which grossed $305 million – and Madonna also made big earnings from merchandise sales, a clothing line, fragrance and investments in companies like Vita Coco. Director Steven Spielberg ranked second in the list with estimated earnings of $100 million.

His vast library of classic films – including 'Jurassic Park' – have helped bring in the cash, while last year's 'Lincoln' brought in $275 million on a budget of $65 million. Rounding off the list in joint third place – all with earnings of $95 million – were '50 Shades of Grey' author E.L. James, Howard Stern and Simon Cowell.

The 'X Factor' boss and 'America's Got Talent' host were also recently named the highest-paid TV personalities in America by Forbes magazine.
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