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It’s raining money: Taylor Swift is now the world’s highest paid celeb

At 26, pop sensation Taylor Swift has become the world’s highest-paid celebrity, earning a whopping

music Updated: Jul 12, 2016 10:46 IST
Taylor Swift,Highest Paid Celebrity,Forbes
Taylor Swift earned a whopping $170 million over the last year.(Instagram/Taylor Swift)

At 26, pop sensation Taylor Swift has become the world’s highest-paid celebrity, earning a whopping $170 million over the last year, Forbes magazine said on Monday.

The pop diva’s take from June 2015 to June 2016 is the highest total of her young career, the magazine said, more than doubling her previous record of $80 million last year.

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She out-earned other famous musicians including Adele ($80.5 million), Madonna ($76.5 million), Rihanna ($75 million) and Bruce Springsteen ($60.5 million).

The ‘Shake It Off’ singer also outpaced rival Katy Perry who was last year’s top-earning musician at $135 million, according to Forbes magazine’s annual list of 100 highest-paid celebrities.

Swift has out-earned other celebrated musicians including Adele, Madonna and Rihanna. (Instagram/Taylor Swift)

Perry dropped to number 63 on this year’s list, earning a mere $41 million.

Swift’s huge earnings were largely thanks to her ‘1989 World Tour’ during which she smashed the Rolling Stone’s North American record, grossing $200 million on the continent en route to a quarter of a billion worldwide, the magazine said.

Coming in at number two on the list this year was the boy band One Direction, ($110 million), followed by author James Patterson ($95 million).

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Taylor’s former beau, musician Calvin Harris, also made the cut coming in at number 21 ($63 million).

“The world’s 100 highest-paid celebrities pulled in $5.1 billion pretax over the past 12 months, more than the GDP of Belize, Gambia and Bhutan combined,” Forbes said.

Swift’s huge earnings are largely because of her ‘1989 World Tour’. (Instagram/Taylor Swift)

Magazine editor Zack O’Malley Greenberg said live entertainment continues to be a major cash draw.

“From soccer games in Spain to concerts in China, fans are willing to shell out to see big names — and this is driving the celebrity economy to ever greater heights,” he said in a statement.

On the Hollywood front, Jennifer Lawrence was the industry’s highest-paid actress for the second consecutive year, earning $46 million, a slight drop from the $52 million The Hunger Games star banked the year before.

Read: Taylor Swift decided to quit as Calvin Harris refused to marry her?

Actor Dwayne Johnson wrestled the highest-paid actor spot from Iron Man’s Robert Downey Jr, earning $64.5 million, largely thanks to the billion-dollar Fast and Furious franchise and the surprising success of 2015’s San Andreas movie.

Many athletes also made the list, including Portuguese footballer Cristiano Ronaldo ($88 million), tennis man Roger Federer ($68 million), and German race car driver Sebastian Vettel ($41 million).

Follow @htshowbiz for more.

First Published: Jul 12, 2016 10:46 IST