Despite that nasty hip injury which cut short Lady Gaga's tour, she still remains a force to be reckoned with.  Forbes has named Lady Gaga as the most powerful musician in the world.

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Lady Gaga, according to Forbes, earned over $168 million.  She's also the most followed musician on social media, with over 57 million Facebook fans and over 38.5 million followers on Twitter.

Beyonce is the second most powerful musician, thanks to her Mrs. Carter Show tour and sponsorships deals with Pepsi and H&M.

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Madonna, at number three, pulled in $305 million, thanks to her MDNA tour.

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The rest of the top ten, in order, are Taylor Swift, Bon Jovi, Justin Bieber, Jennifer Lopez, Rihanna, Coldplay and Katy Perry.

Press mentions, social media and earnings were used to compile the list.