Forbes magazine has released their annual list of country music's top 10 moneymakers, and Kenny Chesney once again tops the list, with 50 million dollars coming in.  However, that's 15 million less than Forbes reported for last year. Toby Keith comes in at number two, and Taylor Swift and Rascal Flatts tied at number three. Of note, Taylor reported made 27 million dollars more than she did the year before. Tim McGraw rounds out the top five, with Keith Urban, George Strait, Brad Paisley, Alan Jackson and Carrie Underwood making up the rest of the top 10.

In calculating the list, Forbes considered box office receipts and revenues from merchandise, album sales, publishing royalties and endorsement or licensing deals. The totals they came up with are an estimate of gross earnings between June 2009 and June 2010.

 1. Kenny Chesney – $50 Million

2. Toby Keith – $48 Million

3. Taylor Swift – $45 Million

3. Rascal Flatts – $45 Million

5. Tim McGraw – $30 Million

6. Keith Urban – $28 Million

7. George Strait – $25 Million

8. Brad Paisley – $22 Million

9. Alan Jackson – $15 Million

10. Carrie Underwood – $13 Million