Taylor Swift Tops Billboard's Top 40 Money Makers List!

Taylor Swift topped the Billboard Top 40 Money Makers list of 2012, earning a reported $35.7 million dollars in 2011. The magazine attributed her touring, which pulled in $29 million, and songwriting to her success. U2 was in second with $32 million. Kenny Chesney, Lady Gaga and Little Wayne rounded out the top five.

The rest of the top ten include Sade, Bon Jovi, Celine Dion, Jason Aldean, and Adele.

Billboard based the list based on U.S. income sources from publishing royalties and album and tours sales.

The complete list of Billboard's Top Money Makers of 2012 is below.

1. Taylor Swift: $35.7 million

2. U2: $32.1 million

3. Kenny Chesney: $29.8 million

4. Lady Gaga: $25.3 million

5. Lil Wayne: $23.1 million

6. Bon Jovi: $19.8 million

7. Sade: $16.3 million

8. Celine Dion: $14.2 million

9. Jason Aldean: $13.4 million

10. Adele: $13 million

11. "Glee" Cast: $12.6 million

12. Journey: $12.3 million

13. Elton John: $11.9 million

14. Katy Perry: $12 million

15. Toby Keith: $10.4 million

16. Britney Spears: $10.1 million

17. Bob Seger & The Silver Bullet Band: $10 million

18. Rascal Flatts: $9.6 million

19. Tim McGraw: $9.3 million

20. Michael Buble: $9 million

21. Brad Paisley: $8.6 million

22. Rihanna: $7.7 million

23. Enrique Iglesias: $7.5 million

24. The Beatles: $6.7 million

25. Paul McCartney: $6.7 million

26. Lady Antebellum: $6.7 million

27. Keith Urban: $6.6 million

28. Zac Brown Band: $6.5 million

29. Rod Stewart: $6.4 million

30. Usher: $6.3 million

31. Foo Fighters: $6 million

32. Rush: $5.8 million

33. Backstreet Boys: $5.7 million

34. Sugarland: $5.6 million

35. Justin Bieber: $5.5 million

36. New Kids on the Block: $5.5 million

37. Steely Dan: $5.4 million

38. Motley Crue: $5.4 million

39. Kanye West: $5.4 million

40. Linkin Park: $5.2 million