Forbes has come out with a compilation of the highest-paid musicians on the planet, and Elton is in the Top Ten.
Two women topped the list—Madonna, in first place, with $125 million, and Lady Gaga following, with $80 million. Elton was #8, breaking the $54 million mark.
Further down were Roger Waters (#15, with $44 million), and the Rolling Stones in the 22nd spot ($39 million).
In order to form the tally, Forbes looked at income from June 1, 2012, through June 1, 2013, using data sources including Pollstar, the RIAA, Nielsen SoundScan, managers, lawyers and many of the artists themselves. Forbes also took into account concert ticket sales, royalties for recorded music and publishing, merchandise sales, endorsement deals and other business ventures. The estimates reflect pretax income before deducting fees for agents, managers and lawyers; only living artists are eligible.