U2 Named Best-Selling Band In the World

U2 has raked in a staggering $130 million over the last 12 months - making the Irish rockers the biggest selling band in the world.

Despite frontman Bono being unable to perform after an operation on his back in May, U2 has still managed to secure its place as the most profitable international group.

According to Forbes.com, the foursome pulled in $130 million over the last year from their 360 Degree world tour and sales of their 2009 album No Line on the Horizon.

In second place was AC/DC, who garnered an impressive $114 million, while Beyonce has made $87 million.

Bruce Springsteen proved he is still The Boss with $70 million, while pop sensation Britney Spears rounds out the top five biggest earners with $64 million.

Beyonce's husband Jay-Z is three behind her at six with $63 million.

Lady Gaga has managed to out-earn her pop idol Madonna - the newcomer made $62 million compared to the Material Girl's earning of $58 million.

Country star Kenny Chesney earned $50 million, with the Black Eyed Peas and Coldplay tying with a haul of $48 million each.