Highest-paid musician of 2016: Taylor Swift tops Forbes' list

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.

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.

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.