Swift is ahead of fellow stars Adele at No. 9 with $80.5 million, Madonna at No. 12 with $76.5 million, Rihanna at No. 13 with $75 million and Katy Perry at No. 63 with $41 million.
Her star-studded '1989 World Tour' earned more than $200 million last year.
Swift's DJ ex-boyfriend Calvin Harris landed at No. 21 on the magazine's list with $63 million.
Other top 10 earners included boy band One Direction at No. 2 with $110 million, actor-comedian Kevin Hart at No. 6 with $87.5 million and self-proclaimed 'king of media' Howard Stern at No. 7 with $85 million.
Kim Kardashian is featured on the magazine's cover. She's No. 42 on the list with $51 million.
Forbes says 40 percent of her paycheck this year came from her mobile game 'Kim Kardashian: Hollywood.'
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