Singer tops 2012 Billboard Money Makers Poll after raking in £22 million in one year
Taylor Swift has been crowned the highest paid musician in the world after raking in an impressive £22million in one year alone.
The 22-year-old country singer has topped Billboard Magazine's Music Money Makers' List after amassing an impressive fortune from album and single sales plus a sell-out US tour.
In second place on the prestigious list were rockers U2 who netted £20million, while country singer Kenny Chesney took third place with earnings of £19million.
Last year's highest earner Lady Gaga now resides at fourth place with an annual income of £16million and rapper Lil Wayne rounded up the top five with £14million.
Other notable stars down the list included Katy Perry at 14th place with £7.5million, Britney Spears at 16th with £6.5million and Rihanna who surprisingly trailed in 22nd place after making just under £5million.
Adele also made a well-earned appearance on the list having raked in £8.3million.
Marie Claire Newsletter
Celebrity news, beauty, fashion advice, and fascinating features, delivered straight to your inbox!
The Couple Next Door is the new swingers drama that's dividing critics
By Lauren Hughes
Sea moss has been the standout health product of the year - so, does it actually work to boost gut health and immunity?
Holland & Barrett named it as their best-selling chilled product of the year.
By Ally Head
If your fragrance isn't lasting, you'll want to know about perfume oils—here are the 10 best
They're the ultimate luxury
By Tori Crowther