Taylor Swift reportedly earned $1 million per day so far in 2015.
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The 'Bad Blood' hitmaker raked in $317.8 million since January thanks to her '1989' album and world tour and endorsement deals, according to the Sunday Express.
This makes Taylor the highest earning musician in the world.
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LA-based media analyst Mike Raia said: "Right now, Taylor is untouchable.
"She is so far ahead of everyone else in the industry that she has become not only a powerhouse entertainer but also an important mover and shaker on the commercial side of the music business."
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This comes after Taylor and her boyfriend Calvin Harris were recently named the world's highest-paid celebrity couple.
The 25-year-old singer-songwriter and the British DJ's respective endorsement deals helped them to replace Jay Z and Beyonce at the top of Forbes magazine's annual list.
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Taylor - who started dating her new beau in February - has endorsement deals with the likes of Sony and Keds, while Calvin, 31, has contracts with Giorgio Armani and Sol Republic.
Justin Bieber and Selena Gomez release duet
Justin Bieber and Selena Gomez have released a surprise collaboration which appears to reference their romance.
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The former couple - who had a tumultuous four year relationship - have dropped a surprise new collaboration called 'Strong' in which they appear to discuss their romance.
Justin sings: "You're the only one I'm really missing. Nobody else would be forgiving, cause of all the love that you give me."
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And Selena responds: "Wishing I was better at this damn thing, cause it's just been too long and I can't change."
Selena, 23, recently insisted that although she was heartbroken about the end of her relationship with Justin, 21, the pair have now moved on and gotten closure.
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The duo have reportedly been planning the collaboration for some time as they felt it would be "therapeutic".
A source told HollywoodLife.com: "[Selena and Justin] didn't record this together; they laid their tracks separately but were both very involved with the song's creation and writing. They weren't the main writers, but they will be credited as writers among others. This has been planned for months and they have been working on it at the same time they were working on their own albums.
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"They are still very tight and [Justin] felt that it would be very therapeutic if they worked together. Their past could lead into some amazing future business decisions because they both know how each other tick."