19 July,2010 06:48 AM IST | | Agencies
U2 have been the world's biggest-selling band over the past 12 months, raking in $130m (Rs 800 crore), according to the website Forbes.com.
The Irish group have been staging their global 360 tour in support of their album No Line on the Horizon.
Rockers AC/DC were in second place followed by Beyonce Knowles. Bruce Springsteen was fourth on the list.
Despite a recently difficult history, singer Britney Spears was in fifth place while Beyonce's husband and famous rapper Jay-Z was in sixth place.u00a0
Madonna demonstrated that she remains a major player in the industry by coming in at eighth place.
