So, what put Beyonce at no.1? Aside from the self-titled album complete with 14 music videos, the singer also completed her epic 'Mrs. Carter Show World Tour' in March.
But it's not just the music industry she's queen of - the American singer and actress has her own business empire too.
She has her own clothing brand, House of Dereon, fragrance lines and has been the face of huge campaigns for both H&M and Pepsi. Her earnings? Forbes estimates "$115 million between June 1, 2013 and June 1, 2014."
As for Jay? He was ranked number six on the Celebrity 100 List with a reported $60 million in earnings. Other stars in the top 10 include basketball player LeBron James, Dr Dre, Oprah Winfrey, Ellen DeGeneres, Floyd Mayweather, Rihanna, Katy Perry and Robert Downey Jr.
LOVE EVERYTHING ABOUT QUEEN BEY? Here she is in her video for 'Run the World' because we will never tire of seeing Bey onstage busting out all the moves while belting out "Who run this motha, yeah"...
Remember how good Beyonce's music videos for her self-titled album were?