Forbes Magazine, known for their lists of wealthy Americans and celebrities, has published their list of the wealthiest country music stars of 2008. Toby Keith tops the list.

Keith, who took in $48 million of the last year, earned his money in non-conventional ways, according to Forbes. The magazine cites his musical earnings, endorsement deal with Ford Motor Company, Keith's "I Love This Bar And Grill" restaurant line, and his stake in the Show Dog Music Nashville label, which Keith founded.

At #2, Rascal Flatts ($40 million), earned most of their revenue from touring. Their "Still Feels Good" tour finished top 10 all genre. Tim McGraw (#3, $23 million) bests wife Faith Hill (#7, $12 million); both raked in the dough with their #1 tour "Soul2Soul 2007."

Here's the list:
1. Toby Keith - $48 million
2. Rascal Flatts - $40 million
3. Tim McGraw - $23 million
4. Kenny Chesney- $22 million
5. Brooks & Dunn - $20 million
6. Brad Paisley - $16 million
7. Faith Hill - $12 million
7. Keith Urban - $12 million
8. George Strait $11 million
9. Alan Jackson - $10 million

For the list, Forbes considered concert grosses, merchandise revenue, album sales and income from endorsement and licensing deals. The figures represent estimates of gross earnings in the last 12 months.

Labels: Alan Jackson, Brad Paisley, Brooks and Dunn, Faith Hill, George Strait, Keith Urban, Kenny Chesney, Rascal Flatts, Tim McGraw, Toby Keith