Ka-ching! In their annual ranking of the world's best-paid music stars, Forbes places Toby Keith at No. 3 on the the overall list, with earnings of $48 million. He comes in behind reunited supergroup The Police ($115 million), and singer-actress Beyoncé ($80 million). Behind Keith at No. 4 is Justin Timberlake ($44 million), with Madonna ($40 million) rounding out the Top 5.

Keith's earnings take into account his interest in the I Love This Bar restaurant chain and his endorsement deal with Ford trucks, in addition to income from recording, songwriting and performing. Country superstars Rascal Flatts are the only other country artist on the list, at No. 7 with $40 million raked in during 2007.

In May, Forbes published its ranking of country music's top-earning stars, with Keith naturally heading that list.