Popular musicians Beyonce and Jay Z have been named the world’s highest paid couple according to Forbes Magazine.

The couple earned the sum $78 million together in the last one year. While Beyonce made $40m  from May 2011 to May 2012, Jay Z made $38million, according to data from the latest Celebrity 100 list.

The couple were the runners-up last year on the list of The World’s Highest-Paid Celebrity Couples and they have now climbed to top for this year’s ranking.

Beyonce Knowles, took a break from her hectic touring schedule in 2011 to give birth to daughter, Blue Ivy Carter, while her album went platinum in the U.S.

Jay-Z isn’t far behind his wife. The hip-hop mogul made millions from Watch the Throne, his musical collaboration with Kanye West, and even more from the tour that followed.