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Calvin Harris Out-Earns Jay Z, Toby Keith As World's Highest Paid DJ

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Just call Calvin Harris the Cash King.

Forbes named the EDM superstar the highest-paid DJ in the entire world in its annual "Electronic Cash Kings" list. Between June 1, 2013 and June 1, 2014, Harris earned $66 million for playing more than 50 gigs and festivals.

This is a bigger paycheck then both Jay Z and Toby Keith, according to Forbes. The publication has Jay Z's earnings at $60 million as of June 2014 and Keith's at $65 million.

“The rise of dance music has been astronomical in the last three years,” the 30-year-old producer said. “I happened to be in the right place at the right time.”

Behind Harris is David Guetta ($30 million), Avicii ($28 million), Tiesto ($28 million) and Steve Aoki ($23 million). Forbes' estimations include live-show earnings, merchandise sales, endorsements, recorded music sales and external business ventures.

This is the second year in a row Harris topped Forbes' list. He came in an No. 1 last year, as well, with a $46 million salary.

A report published at the Ibiza International Music Summit estimated the EDM industry at a $6.2 billion valuation.

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