Music icon Madonna topped Forbes magazine‘s first-ever list for the ‘Cash Queens of Music’. Madge’s earnings of 72 million dollars were 12million USD more than that of second place star Barbara Streisand, with an earning of 60million dollars.

Third place on the list went to Celine Dion with 45 million dollars in the bank, reports People magazine.

The top five was rounded of by Shakira and Beyonce who came in fourth and fifth place with an earning of 38 million dollars and 27 million dollars respectively.

The list for the top 20 ‘Cash Queens of Music’ as per Forbes is:

1. Madonna $72 million
2. Barbra Streisand $60 million
3. Celine Dion $45 million
4. Shakira $38 million
5. Beyonce $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