Beyonce The Top Earning Young Musician

Beyonce has topped Forbes magazine's list of the top earning musicians under age 30.

Beyonce, 27, made a whopping $87 million U.S. (about $94 million Canadian) over the last year according to Forbes after releasing her I Am... Sasha Fierce double album and promoting it on tour. She also picked up more sponsors, including Nintendo and General Mills, the magazine reports.

Britney Spears came in second on the list with $35 million U.S. (about $38 million Canadian) in earnings, while Miley Cyrus and the Jonas Brothers tied for third with earnings of $25 million U.S. (about $27 million Canadian) each.

Forbes created their list by examining the income artists under the age of 30 made from album sales, touring, endorsement and licensing deals and television and film roles from June 2008 to June this year.

Here is the full list of top-earning young musicians:

Beyonce, $87 million U.S.
Britney Spears, $35 million U.S.
Miley Cyrus, $25 million U.S.
Jonas Brothers, $25 million U.S.
Jessica Simpson, $20 million U.S. (about $22 million Canadian)
Lil' Wayne, $18 million U.S. (about $19 million Canadian)
Taylor Swift, $18 million U.S.
Rihanna, $15 million U.S. (about $16 million Canadian)
T-Pain, $15 million U.S.
Carrie Underwood, $14 million U.S. (about $15 million Canadian)