Sade, the smooth-jazz singer from the 1980s, emerged as the top paid British music artist of 2011, according to research compiled by Billboard for its Money Makers list.
The When Am Going to Make a Living? singer made over $16.4 million (about £11M) last year, mostly from sales of her back catalogue, beating next placed Brit Adele by over three million dollars.
Overall list-topper was country-crossover Taylor Swift, who pulled in $35.7 million.
Swift grossed $88 million in the US - which amounted to a personal fortune of $29.8 million - from her Speak Now Tour as well as touring across Asia and Europe, selling over 1.8 million albums and a further 7.8 million single track downloads, and gaining income from song writing royalties.
Irish rockers U2 follow closely behind the 22-year-old beauty on the 2012 Billboard Money Makers List, with a fortune of $32.1 million, mainly drawn from their huge 360 Degrees shows, the highest-earning tour of 2011.
The Sweetest Thing band grossed more than $293 million from 44 concerts throughout the three-year tour, which was watched by nearly three million people, and saw them beat a record set by The Rolling Stones for highest grossing tour ever, taking $763 million in total.
2012 Billboard Money Makers list, Top 10:
1. Taylor Swift - $35,719,902
2. U2 - $32,116,315
3. Kenny Chesney - $29,837,103
4. Lady Gaga - $25,353,039
5. Lil Wayne - $23,178,722
6. Sade - $16,382,809
7. Bon Jovi - $15,835,856
8. Celine Dion - $14,261,515
9. Jason Aldean - $13,409,011
10. Adele - $13,081,909