Taylor Swift beats Justin Bieber to richest celebrity under 30
The 22-year-old topped Forbes' annual list after earning $57 million between May 2011 and May 2012.
Taylor's three albums - 'Taylor Swift', 'Fearless' and 'Speak Now' - have all gone platinum at least four times.
Her gigs bring in an average of $1 million per night and her endorsement work for products such as CoverGirl makeup has helped secure her place at the top of the list.
In second place is Justin Bieber, who can't be too unhappy with his $55 million earnings.
The 18-year-old, who's trailed in third place by Rihanna
and her $53 million, is the only male in the top five.
Lady Gaga's earnings of $90 million last year put her at the top of the list but in 2012 she brought in just $52 million (is that all?!) and so sits below Ri-Ri.
Hit singer Adele and her $35 million are repping for the UK in sixth place, while Robert Pattinson's $26.5 million puts him in ninth.