Madonna The First Female Billionaire Of Pop Music
Calling 2012 a good year for Madonna is clearly an understatement. The singer was the top-earning pop star thanks to her record-breaking MDNA world tour, which made over $300 million dollars in ticket sales, according to Pollstar. Not to mention, as the The New York Post reported, she made $75 million in merch sales over the course of the 88 shows and pulled in another $10 million in TV rights and DVD sales.
Madonna doesn't just rely on her music to bring in money, though. Last year she raked in an estimated $10 million for her Material Girl clothing line and shoe line. She also earned $60 million from sales of her debut perfume, Truth or Dare, exclusive to Macy's, a store that your average Madonna fan can afford to shop at.
The icon also makes good business choices. She teamed up with Smirnoff Vodka and made $10 million dollars. And even though no exact numbers have been released, it's been reported that her investments in Vita Coco coconut water and gym chain Hard Candy have earned her a good chunk of change. more on this story
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