The World's Highest-Paid Musicians

Two decades ago Jon Bon Jovi sat with the members of his eponymous band in a basement in New Jersey. Hoping to rekindle the group's desire to make music after two grueling years on the road, he'd hung vintage posters on the wall, illuminated only by candles and blacklights. But instead of feeling inspired, Bon Jovi found himself becoming cranky and short of breath.

"I'm thinking maybe this is an issue, maybe I just don't like them," Bon Jovi said in a recent interview for the FORBES Celeb 100 issue. "Until I realized that all the oxygen was sucked out of the room by the candles ... So I blew out the candles, cranked up the amplifiers, and said, 'We're going to be a rock band. If you believe in what I'm telling you, we can be the Rolling Stones.'"

Sure enough, Bon Jovi is still rocking. The group earned $125 million over the past 12 months, enough to claim the No. 2 spot on FORBES' annual list of the world's highest-paid musicians. U2 (pictured above) took home $195 million-and music's money crown-thanks to an international stadium tour that grossed some $700 million over two years, surpassing the Stones' A Bigger Bang tour as the most lucrative of all time.

Power ballad rockers aren't the only artists raking in the cash this year. Elton John ranks third with $100 million, fueled by a 102-show tour; Lady Gaga, godmother to Sir Elton's new son, clocks in at No. 4 with $90 million; Canadian crooner Michael Bublé rounds out the top five with $70 million, also on the strength of a lucrative tour.