Dr. Dre has been named the Highest Paid Musician out of a list of 25 artists compiled by Forbes magazine.
Dr. Dre has won the title of music's highest paid star.
The successful producer has reached the top of Forbes magazine's annual list of the 25 Highest-Paid Musicians of 2012, having earned $110 million in the past year alone.
A majority of the sum comes from his popular headphones business Beats by Dre, which - after selling a stake of 51 percent of the company - earned him $100 million before tax.
The top five list sees Pink Floyd member Roger Waters in second place, who earned a majority of his $88 million total from his The Wall Live tour, playing the rockers' classic tracks.
'Rocket Man' singer Sir Elton John came in at third after performing 100 shows gained him $80 million.
Irish rockers U2 take the fourth spot with $78 million with a majority of their earnings coming from their three year 360 tour which made $736 million, becoming the highest grossing tour in history.
Take That helm the number five spot with $69 million from their Progress tour with original bandmate Robbie Williams, playing a whopping eight dates at London's Wembley Stadium and earning £61 million.
Other musicians making up the top 25 list include 'Diamonds' hitmaker Rihanna with $53 million in twelfth place and R&B diva Beyonce in at eighteenth place with $40 million.
Forbes 25 Highest-Paid Musicians of 2012:
01. Dr. Dre - $110 million
02. Roger Waters - $88 million
03. Sir Elton John - $80 million
04. U2 - $78 million
05. Take That - $69 million
06. Bon Jovi - $60 million
07. Britney Spears - $58 million
08. Sir Paul McCartney - $57 million
08. Taylor Swift - $57 million
10. Justin Bieber - $55 million
10. Toby Keith - $55 million
12. Rihanna - $53 million
13. Lady Gaga - $52 million
14. Foo Fighters - $47 million
15. P. Diddy - $45 million
15. Katy Perry - $45 million
17. Kenny Chesney - $44 million
18. Beyonce - $40 million
19. Red Hot Chili Peppers - $39 million
20. Jay-Z - $38 million
21. Coldplay - $37 million
22. Adele - $35 million
22. Kanye West - $35 million
24. Michael Buble - $34 million
25. Sade - $33 million
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