Jay Z and Rihanna also make the list's Top 10.
Beyonce is #1 on Forbes' Celebrity 100 list, which was released today (June 30).
The singer made approximately $115 million from June 2013 through June 2014, the report says. Beyonce's earnings came from various endorsements and her work on tour, where she earned an average of $2.4 million per stop. She also released her self-titled album in December 2013, a surprise iTunes exclusive project that was accompanied by a music video for every track.
Bey embarked on what could be another lucrative year as she has kicked off her On The Run Tour with Jay Z. It's been estimated that the On The Run Tour could become the second most successful tour of all time based on gross revenue per show.
Jay Z also makes the list. Coming in at #6, Jay earned approximately $60 million for the year.
Dr. Dre is #3 on the list, falling behind LeBron James, who is #2. Dre reportedly earned about $620 million due to Apple purchasing Beats Electronics and Beats Music for $3 billion. He's also earned money for his work as executive producer on Kendrick Lamar's good kid, m.A.A.d. city.
Forbes explains how it comes up with its Celebrity 100 list.
"The Celebrity 100 measures money and fame, which includes estimated earnings over the last 12 months, to compile a ranking of the most powerful celebrities from the worlds of movies, television, music, sports, books, and modeling," Forbes says. "Our press number is a count of how many times each celebrity was mentioned in print, on TV, and radio. We also use a score from StarCount, which measures social media power over 11 platforms, including Twitter, Facebook, and YouTube. This year, in addition to ranking media and social networking power, we’ve added an impact score to measure how each celebrity is influencing the entertainment industry and the overall culture. Earnings consist of pretax income between June 1, 2013 and June 1, 2014. Management, agent and attorney fees are not deducted."
The Top 10 is below.
Beyoncé Knowles - $115 million
LeBron James - $72 million
Dr. Dre - $620 million
Oprah Winfrey - $82 million
Ellen DeGeneres - $70 million
Jay Z - $60 million
Floyd Mayweather - $105 million
Rihanna - $48 million
Katy Perry - $40 million
Robert Downey Jr. - $75 million