Forbes magazine has unveiled its list of the world's highest-paid musicians and pop sensation Taylor Swift tops the rundown with 2016 earnings of $170 million (£134,505,422). 

Boyband One Direction, who are currently on hiatus, finished in second place with $110 million (£87,002,441), Adele came in third with $80.5 million (£63,695,736), and the Queen of Pop is at No.4 with $76.5 million (£60,530,730).

Other notable entries include Canadian superstar Justin Bieber, who took 13th place and tied with Kenny Chesney, newly announced Reading and Leeds headliners Muse, who finished at No.20, and Rihanna, who came in fifth. Check out Forbes' full list here:

1. Taylor Swift ($170 million)
2. One Direction ($110 million)
3. Adele ($80.5 million)
4. Madonna ($76.5 million)
5. Rihanna ($75 million)
6. Garth Brooks ($70 million)
7. AC/DC ($67.5 million)
8. Rolling Stones ($66.5 million)
9. Calvin Harris ($63 million)
10. Diddy ($62 million)
11. Bruce Springsteen ($60.5 million)
12. Paul McCartney ($56.5 million)
13. Justin Bieber ($56 million, tie)
14. Kenny Chesney ($56 million, tie)
15. U2 ($55 million, tie)
16. The Weeknd ($55 million, tie)
17. Beyoncé ($54 million)
18. Jay Z ($53.5 million)
19. Luke Bryan ($53 million)
20. Muse ($49 million)

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