Why Madonna Isn’t On The Forbes Billionaires List

Madonna: Marching toward $1 billion? Not so fast.

FORBES released its annualBillionaires issueearlier this month, and the list features plenty of new faces (Tory Burch,Renzo Rosso) alongside the usual suspects (Bill Gates,Warren Buffett).

There are plenty of entertainment moguls on the list (David Geffen,Oprah Winfrey), but there aren’t any billionaires who’ve gained their wealth by working as a musician or actor. Not Diddy orJay-Z, notBrad PittorAngelina Jolie—and notMadonna.

Yet earlier this w...