Taylor Swift is Billboard's top money maker in 2011

Swift earned more than $35 million (Dh128 million) in 2011, according to the Billboard list released on Friday. U2 was second with $32 million. Kenny Chesney, Lady Gaga and Lil Wayne rounded out the top 5.

Artists' rankings were based on US income sources from tours, albums sales and publishing royalties. Billboard said in a press release that it didn't factor in "sponsorships, merchandise sales or synchronisation deals."

Adele was 10th on the list. Though she cancelled most of her US tour due to issues with her vocal chords, her album 21 sold more than 5 million units in 2011. Including sales from this year, 21 has sold nearly 8 million copies.