Taylor Swift named highest-paid singer by a music website

Written by PTI | Los Angeles | Updated: Mar 11 2014, 21:28pm hrs
Taylor SwiftTaylor Swift (AP)
Taylor Swift has been named 2014's highest-paid singer by a music website as she is believed to have earned a whopping USD 39,699,575.60 in the past 12 months.

In a list compiled by Billboard, Swift, 24, made a huge sum from the sales of her 2012 album 'Red' that led her bag the top spot, reported Ace Showbiz.

Country singer Kenny Chesney bagged the second place by earning USD 32,956,240.70 from his chart-topping album 'Life on a Rock', while singer-actor Justin Timberlake came third after making USD 31,463,297.03.

In Photos: Taylor Swift, Justin Timberlake, Beyonce in highest-paid singers' list

Rounding out the top five are veteran rock bands Bon Jovi and The Rolling Stones, which pocketed USD 29,436,801.04 and USD 26,225,121.71 respectively.

Other musician, who made it to the list's top 10 are Beyonce Knowles, Maroon 5, Luke Bryan, Pink and Fleetwood Mac.