Forbes released its list of highest earning musicians yesterday, and Irish rockers U2, thanks to their hugely successful 360 tour, came in at Number 1 with earnings of $130 million. The list was compiled based on earnings between June, 2009 and June 2008. Australian rockers AC/DC, with $114 million earned, came in second; followed by Beyonce and Bruce Springsteen. Breakthrough pop sensation Lady Gaga came in at number 8 on the list with strong album and single sales. See the entire Top 10 below.

1. U2 ($130 million)

2. AC/DC ($114 million)

3. Beyoncé ($87 million)

4. Bruce Springsteen ($70 million)

5. Britney Spears ($64 million)

6. Jay-Z ($63 million)

7. Lady Gaga ($62 million)

8. Madonna ($58 million)

9. Kenny Chesney ($50 million)

10. (tie) Black Eyed Peas, Coldplay and Toby Keith ($48 million)