Beyonce, Drake, Kanye West & More Make Top 50 Highest-Paid Musicians List For 2016 (VIDEO)

(AllHipHop News) Queen Bey was the most lucrative music artist of 2016, according to Billboard.

The industry publication placed Beyoncé at #1 on its list of Top 50 Highest-Paid Musicians.

By combining her sales, streaming, publishing, and touring, the Lemonade singer reportedly made $62.1 million last year.

OVO frontman Drake came in at #4 with $37.3 million with $18.1 million of that amount coming from streaming.

Fellow rap star Kanye West earned the #9 spot.

Despite all the claims Ye is in debt, the G.O.O.D. Music founder made a reported $26.1 million.

A majority of that total came from the $15 million generated by his Saint Pablo Tour.

Rihanna (#12, $22.3 million), Future (#17, $17 million), Jennifer Lopez (#31, $12.17 million), and The Weeknd (#42, $9.4 million) were top money makers for 2016 as well.

Billboard also reports last year saw music industry revenue increase for two straight years for the first time in nearly two decades.

The 50 top music acts made a combined $890.7 million which is a 34% increase over 2015.

While 75% of the money ($682.7 million) came from live shows, streaming royalties still accounted for $90 million.

Combined on-demand audio and video streams grew 39.2% from 2015 to 2016.

To see Billboard‘s full list of Highest-Paid Musicians For 2016 visit HERE.

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