Forbes’ Highest Paid Musicians of 2012: Britney Spears, Taylor Swift and the Ladies Who Made Bank This Year (GALLERY)

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Dr. Dre and his Beats headphones line may have crowned him the highest paid musician according to Forbes — with a whopping $110 million in earnings — but some of the industry’s leading ladies also made a big splash this year.

With Roger Waters, Elton John, U2, Take That and Bon Jovi rounding out the top six largely due to concert earnings, Britney Spears enters the list at No. 7 with a total of $58 million earned in 2012.

Forbes reports that the X Factor judge made most of her earnings from endorsements and an Elizabeth Arden fragrance line.

Taylor Swift, meanwhile, is tied for eighth place with Sir Paul McCartney, each banking $57 million from touring the world. According to Forbes, Swift, who released her fourth studio album Red in October, grossed more than $1 million per night while on the road this year.

Also representing girl power on Forbes’ list, based on earnings from May 2011 to May 2012, are Rihanna, Lady Gaga and Katy Perry, who in 2012 earned $53 million, $52 million and $45 million, respectively.

Justin Bieber’s earnings of $55 million (a 10th place tie with Toby Keith), make him the youngest musician on the list, at the tender age of 18.

Coming in at No. 18 is Beyonce, who for most of 2012 has been busy with motherhood. The singer, who gave birth to daughter Blue Ivy in January, still made bank with $40 million from album sales, her clothing line and a handful of endorsements.

Her husband Jay-Z, who sits at No. 20 on the list, earned a wee bit less, $38 million, from touring and other business ventures.

Which other female musicians made Forbes’ annual highest paid musicians list? Check out the gallery above and share your thoughts below.

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