Forbes Magazine has named Dr. Dre the highest paid musician for 2012. Dre has earned $110 million based on his Beats by Dr. Dre headphones line. Others in the top ten include Elton John at No. 3, who made $80 million, Bon Jovi, who came in a No. 6, earning $60 million this past year and Britney Spears -- who came in at No. 7, making $58 million.

Rihanna came in at no. 12, making $53 million this past year, while Lady Gaga occupied the no. 13 spot, with $52 million. Diddy is tied with Katy Perry for the No. 14 spot ($45 million) and Beyonce holds down the No. 18 with $40 million, while hubby Jay-Z lands two spots below with $38 million.

• Kanye was tied with Adele at No. 22 with $35 million and Sade rounded out the list at No. 25 with $33 million.

Check out the full list:

1. Dr. Dre - $110 million
2. Roger Waters - $88 million
3. Elton John - $80 million
4. U2 - $78 million
5. Take That - $69 million
6. Bon Jovi - $60 million
7. Britney Spears - $58 million
8. Paul McCartney - $57 million (tie)
8. Taylor Swift - $57 million (tie)
10. Justin Bieber - $55 million (tie)
10. Toby Keith - $55 million
12. Rihanna - $53 million
13. Lady Gaga - $52 million
14. Foo Fighters - $47 million
15. Diddy - $45 million (tie)
15. Katy Perry - $45 million (tie)
17. Kenny Chesney - $44 million
18. Beyoncé - $40 million
19. Red Hot Chili Peppers - $39 million
20. Jay-Z - $38 million
21. Coldplay - $37 million
22. Adele - $35 million (tie)
22. Kanye West - $35 million (tie)
24. Michael Bublé - $34 million
25. Sade - $33 million