07/23/2013 AT 2:45 PM ET
Lady Gaga’s Little Monsters have put the singer on top.
The publication estimates Gaga earned about $80 million between June 2012 and June 2013 – and would have raked in even more money if she hadn’t been sidelined by a serious hip injury that forced her to cancel her Born This Way Ball tour in February.
Forbes credits her massive social media following – fueled by devoted fans – for helping her land on top. And the magazine expects that her new album, ARTPOP, to be released in November, will help her remain on or close to the top of the list next year.
The “Poker Face” singer is in some good company on the list of the young and powerful in entertainment. It also shows some serious girl power – seven of the top 10 are female.
Bieber, 19, grabbed the no. 2 spot thanks to his devoted Beliebers, who helped him take home approximately $58 million.