AP
The Grammy-award winning artist moved up seven places from last year to become Forbes' top-earning celebrity of 2016.
Thanks to the success of her "1989" World Tour and sponsorship deals with brands like Keds and Apple, Swift earned $170 million dollars over the past year.
That amount is more than double the $80 million she earned in 2015 - which placed her at No. 8 last year - and the most she's ever earned in a year.
The full Forbes Celebrity 100 list will be released later today.