The "Bad Blood" singer raked in $170 million past year, crowning her with the No. 1 spot on the 2016 Forbes Celebrity 100 list. On the other hand, she hasn't made quite as much as last year's top-earning celebrity; boxing champion Floyd "The Money' Mayweather scooped $300 million in 2015 following his Manny Pacquiao fight".
Her new ranking puts her higher than last year's highest-paid musician, Katy Perry, who banked $135m in 2015, according to Forbes.
Perry reached the top past year on the strength of a world tour, a slew of hits and lucrative deals with major companies for product endorsements. She blasted through the Rolling Stones' North American touring record, pulling in $200 million.
"She also pads her pocketbook by shilling for brands including Diet Coke, Keds, and Apple", it added.
One Direction came second after earning $110m which should tide them over while they enjoy a hiatus from making music. The rest of the top five included author James Patterson ($95 million), soccer star Cristiano Ronaldo ($88 million), and TV host Dr. Phil McGraw ($88 million).
Swift's ex-boyfriend and DJ Calvin Harris came at No. 21 position in the Forbes with $63 million.
Kim Kardashian, who also features on the cover of the magazine, has managed the 42nd position earning United States dollars 45 million from just one game. Her latest album 25, and her world tour that began in February, helped her rank in ninth place with $80.5 million.
Indeed, the world saw plenty of Taylor Swift, even before she got together with "Thor 3: Ragnarok" star Tom Hiddleston. She reportedly is spending $535,000 to spruce up her sixth-floor apartment and penthouse.