Thu, Dec 8, 2016 | updated 03:18 PM IST

Taylor Swift tops Forbes` World`s Highest-Paid Women in Music for 2016

Updated: Nov 03, 2016 09:37 IST

Washington D.C. [USA], Nov. 3 (ANI): Taylor Swift is certainly living her 'wildest dreams' with a whopping haul of 170 million USD over the past year.

Forbes magazine recently released its list of 'The World's Highest-Paid Women in Music for 2016' and the 26-year-old pop-star came in at No. 1 by a long shot, thanks to her '1989 Tour' that grossed over a quarter of a billion dollars.

According to the article, the income is measured from June 1, 2015 to June 1, 2016 before taxes and management fees. Numbers are based on data from Pollstar, Nielsen and the RIAA, as well as interviews with managers, agents, lawyers and some of the stars themselves.

Of the 'Bad Blood' hit-maker, entertainment attorney of Fox Rothschild, Lori Landew said, "She has been building her fan base for years, and that fan base crosses multiple market segments."

"It's this ability to appeal to younger and older audiences, and those in between, that makes Taylor such a sure bet with both concert promoters and brands who want to affiliate with her and with the community she has cultivated," he added.

Coming in at the second spot is British singer Adele with 80.5 million dollars, almost a 100 million less than Swift. The majority of the British singer's wealth comes from her album sales for her latest release '25' which became the best-selling album last year.

Madonna rounds out the top three with 76.5 million dollars, much of which came from her 'Rebel Heart Tour.'

Rihanna claims the fourth spot with 75 million dollars Beyonce rounds out the top five with 54 million dollars.

Check out the complete list:

1. Taylor Swift - 170 million dollars

2. Adele - 80.5 million dollars

3. Madonna - 76.5 million dollars

4. Rihanna - 75 million dollars

5. Beyonce - 54 million dollars

6. Katy Perry - 41 million dollars

7. Jennifer Lopez - 39.5

8. Britney Spears - 30.5 million dollars

9. Shania Twain - 27.5 million dollars

10. Celine Dion - 27 million dollars

(ANI)