- Taylor Swift created a new record by being the highest-paid musician of 2019, according to Forbes
- She earned US$ 185 million from her seventh album, concert tour and a new record deal
- Kanye West followed with USD$ 150 million, with earnings mostly coming from his Yeezey sneakers
Taylor Swift is just unstoppable. Her big music success gave her another title and that is Forbes’ highest-paid women of 2019 and even among all entertainers in music combined. Her annual pretax earnings totaled USD$ 185 million from June 2018 to June 2019.
Ten years ago, the American singer-songwriter received her first award as an up-and-coming country singer interrupted by Kanye West at the MTV Video Music Awards. And a decade after, her music contribution cannot be denied as one of the most accepted and influential among others.
On her AMA victory, winning six American Music Awards this year including Artist of the Decade, Taylor broke history by surpassing Michael Jackson’s all-time record of 24 AMA’s with 29 awards.
Contributing to her financial fortune are her seventh studio album, Lover, Reputation Stadium Tour, which grossed a US-record of USD$266 million, and a new record deal with Universal’s Republic Records.
Next on the list is Kanye West earning as much as $150 million driven by his Yeezey sneakers. Ed Sheeran followed with $110 million while The Eagles band still rocks and joined at number four with $100 million. On fifth is Elton John with $84 million.
The K-pop boy band BTS enters the list at number 15 with gross earnings of $ 57 million.
For the highest-paid artists in the women’s category, Beyonce came in next with $81 million, Rihanna on the 3rd rank with $61 million, Katy Perry on Fourth with $57.5 million and Pink on the fifth rank with $57 million. Ariana Grande ranked sixth and is a first-timer on the top ten list earning $48 million.
The data has been derived from income from touring, music and outside business ventures with the help of Pollstar, Nielsen Music and interviews with industry insiders the stars themselves.