Taylor Swift Rakes in $170 Million as 2016’s Highest-Paid Musician

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We already had an idea of how much Taylor Swift was separating herself from the rest of the financial field this year when Forbes declared her the year’s highest-paid woman in music. Now, they’ve removed gender from the equation and made it official: In 2016, no one in music is getting money like T-Swift.

Forbes says that during their scoring period — from June 1, 2015 to June 1, 2016 — Swift made an estimated $170 million, “thanks to her mega-successful 1989 tour and various product endorsements.” That’s about $60 million more than their second-biggest earner: One Direction, who raked in a still-pretty-good $110 mil for the period.

Forbes revealed its annual list of the highest-paid musicians of the year and it won’t surprise many that Taylor Swift topped the list. The 1989 star made a whopping $170 million in 2016, the magazine reports.

PHOTO FROM GETTY IMAGES

One Direction came in second after raking in the dough with their On the Road Again tour prior to their separation and various solo projects. The group has become the highest-earning boy band of all time with $110 million. Adele rounds out the top three with $80.5 million.

Madonna came in at No. 4 with $76.5 million and Rihanna landed at No. 5 with $75 million, following the release of Anti and her tour.

More and More New Ones Were Included

Concert ticket sales helped artists like AC/DC ($67.5 million), the Rolling Stones ($66.5 million), and Bruce Springsteen ($60.5 million), while new albums and hit singles brought in returns for the likes of The Weeknd ($55 million) and Justin Bieber ($56 million).

If you’re wondering why Beyoncé isn’t higher up (she came in at No. 17 with $54 million), it’s because Forbes’ list totals income made between June 1, 2015 and June 1, 2016 prior to taxes and management fees. Though Beyoncé released Lemonade in April, most of her tour dates took place after the deadline.

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PHOTO FROM MGM BRAND

Ninth-place Calvin Harris combined popularity as a recording and touring artist with the colossal fees he earns as a resident DJ at the Las Vegas nightspot Hakkasan. His three-year deal earns him a reported $400,000 per appearance.

Forbes calculates its figures using information from Pollstar, which tracks tour revenues, Nielsen, which measures music sales, and the Recording Industry Association of America, as well as interviews with those involved in the inner workings of business.

 

COVER PHOTO FROM FORBES

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