12. Ed Sheeran
2025 Earnings: $60 Million
At just 34 years old, Ed Sheeran continues to solidify his place as one of the music industry’s top earners. After an extensive four-year run on his innovative Mathematics Tour, which concluded in September 2025, Sheeran’s financial success is evident. This tour grossed an astounding $875.7 million, ranking as the fourth-highest-grossing tour of all time. The sheer scale of his concerts attracted millions of fans globally, each eager to experience his eclectic blend of pop and folk music.
Following the conclusion of this monumental tour, Sheeran wasted no time by releasing his eighth studio album, Play, in the same month. This album marks the end of his mathematical-themed era, a phase characterized by a series of albums and tours linked to mathematical symbols. Fans can look forward to an entirely new concept with his upcoming projects, which will introduce another set of symbols inspired by stereo control features—expect titles like Pause, Rewind, and Fast Forward. As if managing these transitions wasn’t enough, Sheeran embarked on the Loop Tour shortly after, promoting Play, with plans to bring the show to U.S. audiences in June 2026.
13. Tyler, The Creator
2025 Earnings: $53 Million
Tyler, The Creator made waves in the music industry with his recent accomplishments. In 2025, he achieved the impressive feat of having the second-highest-grossing rap tour of the year, grossing a remarkable $174.5 million over nearly 100 shows. Tyler’s unique approach and artistic vision have allowed him to capture a dedicated fanbase that eagerly supports his creative endeavors.
This year also saw Tyler release his ninth album, Don’t Tap the Glass, only nine months after dropping Chromakopia. The surprise announcement three days before the album launch showcased his bold marketing strategy, where he offered $5 tickets to a listening party in Los Angeles. This innovative approach paid off, as the album flew off the shelves, earning the number one spot on the Billboard 200, marking the fourth time Tyler has achieved this milestone. By the end of the year, he is expected to have sold close to 9.75 million album equivalent units worldwide, generating around $25 million in net royalties, a testament to his continued relevance and innovation in the industry.