Taylor Swift tops Forbes higest paid singers under 30

Taylor Swift has topped the Forbes list for being one of the highest paid women under 30.

N.Y. Daily News reports that alongside the chart topping country artist, singer/actress Rihanna ties the singer on Forbes list.

N.Y. Daily News reports that Swift beat out Justin Bieber, who took second place, as Swift has earned $57 million for the year ending in May. Both Swift and Rihannas albums have gone platinum four times and Swift reportedly earns a total of $1 million per concert.

According to Forbes, determining who tops the list is based on album and concert sales, as well as movie paydays, profit participation, endorsements and advertising work.

Twilight actress Kristen Stewart topped Forbes Highest Paid Actresses in June, bringing in just over $34 million.

Rihanna and Swift beat out last years winner, Lady Gaga, who now takes the number 4 spot, raking in $53 million. Katy Perry and Adele took the fifth and sixth spots, N.Y. Daily News reports, while Bieber takes the number one spot for highest paid male bringing in just under Swifts $55 million, Forbes reports.

Swift recently teamed up with B.o.B to created newest hit "Both of Us."