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Former Pink Floyd star Roger Waters is among the three highest paid music stars in the world in the past year, behind Madonna and Bruce Springsteen.

The 69-year-old musician has raked in around £14million on the back of his The Wall live shows around the world, in which he has staged Floyd's 1979 album.

Waters began touring the album in 2010 and has moved on from arena venues to play stadium concerts around the world, with more than 70 shows in 2012. He resumes the tour this summer with at least 25 dates in Europe.

Made it into the top three: Musician Roger Waters raked in £14 million thanks to his live shows

Top earners: Madonna took almost £23million on the back of her tour and Bruce Springsteen drew in at least £22million

Madonna is the top earner of the year, taking almost £23million mainly on the back of her MDNA Tour, while Springsteen drew £22million.

Coldplay were ranked ninth in the magazine's annual calculation with takings of more than £11million.

Concerts accounted for roughly 70% of the totals for the top 40 artists.
Oscar-winning star Adele is reckoned to have generated earnings of around £9million through her colossal album sales.

New money: One Direction were placed fifth in a rich list of young British stars with a fortune of £26.3million

Meanwhile on the young rich list One Direction, consisting of 18-year-old Harry Styles, Niall Horan, Zayn Malik, Liam Payne, all 19, and Louis Tomlinson, 20, are the highest new entry in Heat magazine’s list of the 30 richest British stars under 30.
Harry Potter actor Daniel Radcliffe tops the list for the second year running, with reported earnings of £53.3million, followed by Twilight star Robert Pattinson, 26, in second and actress Keira Knightley, 27, in third.
Emma Watson, 22, retains fourth place with a fortune of £26.5million.