On January 31 2008, Forbes announced that Madonna was the richest woman in music.

Forbest.com predicted that Madonna earned $72 million between June 2006 and June 2007. Madonna made her millions with the concert grosses from the Confessions Tour, merchandising revenue, fragrance deals, album sales, her fashion line with H&M and a deal with NBC to broadcast her concert performance at London’s Wembley Stadium.

Barbra Streisand ranked No. 2 with $60 million in earnings thanks to her comeback tour of Europe and North America.

Celine Dion ranked No. 3 with $45 million in earnings thanks to her successful residency at Caesars Palace in Las Vegas.