Beyoncé No. 1 on Forbes list

Queen Bey still reigns. The release of a chart-topping secret album and a highly successful joint tour with husband Jay Z helped Beyonce maintain her top spot on the list for the second year in a row. She made $115 million.Queen Bey still reigns. The release of a chart-topping secret album and a highly successful joint tour with husband Jay Z helped Beyonce maintain her top spot on the list for the second year in a row. She made $115 million.
Taylor Swift can indeed "Shake It Off" with the year she's been having, raking in $64 million. A platinum album and endorsement deals with Diet Coke and CoverGirl have made for a lucrative 2014. Taylor Swift can indeed "Shake It Off" with the year she's been having, raking in $64 million. A platinum album and endorsement deals with Diet Coke and CoverGirl have made for a lucrative 2014.
Pink puts in work. She reportedly grossed more than $1 million per city for 85 concerts and snagged a gig as a CoverGirl spokeswoman, which helped put her in the green with $52 million.Pink puts in work. She reportedly grossed more than $1 million per city for 85 concerts and snagged a gig as a CoverGirl spokeswoman, which helped put her in the green with $52 million.
Rihanna stirs both controversy and the money pot. Her massive fan base and strong social media presence (more than 37 million followers on Twitter and 90 million on Facebook, <a href='http://www.forbes.com/pictures/eeel45emikk/4-rihanna-48-million/' >according to Forbes</a>) complement her hits and place her at No. 4 on the list with $48 million.Rihanna stirs both controversy and the money pot. Her massive fan base and strong social media presence (more than 37 million followers on Twitter and 90 million on Facebook, according to Forbes) complement her hits and place her at No. 4 on the list with $48 million.
Katy Perry didn't tour as much as some of the others on the list, but she has her own Coty fragrance and endorsement deals with Pop Chips and CoverGirl for earnings of $40 million.Katy Perry didn't tour as much as some of the others on the list, but she has her own Coty fragrance and endorsement deals with Pop Chips and CoverGirl for earnings of $40 million.
A new album and a return as a judge in "American Idol" raised Jennifer Lopez's visibility and income to $37 million this year. Her performance with Pitbull on "We Are One," the official song of the FIFA World Cup, didn't hurt, either. A new album and a return as a judge in "American Idol" raised Jennifer Lopez's visibility and income to $37 million this year. Her performance with Pitbull on "We Are One," the official song of the FIFA World Cup, didn't hurt, either.
Touring and her "Bangerz" album made Miley Cyrus a pretty wealthy 20-something. She earned $36 million.Touring and her "Bangerz" album made Miley Cyrus a pretty wealthy 20-something. She earned $36 million.
Celine Dion may not be as much in the limelight, but her continued Las Vegas residency and concerts in Europe have given her a healthy bottom line. Like Cyrus, she pulled in $36 million.Celine Dion may not be as much in the limelight, but her continued Las Vegas residency and concerts in Europe have given her a healthy bottom line. Like Cyrus, she pulled in $36 million.
Lady Gaga is down a bit from her peak of peak of $90 million in 2011, but $33 million isn't so bad. Lady Gaga is down a bit from her peak of peak of $90 million in 2011, but $33 million isn't so bad.
Britney Spears' gig with a Las Vegas residency helped balance the less-than-stellar sales of her "Britney Jean" album to earn her $20 million.Britney Spears' gig with a Las Vegas residency helped balance the less-than-stellar sales of her "Britney Jean" album to earn her $20 million.
  • Beyonce tops the list for second year in a row
  • Endorsement deals and a major tour helped
  • Taylor Swift came in second on Forbes' list

(CNN) -- Taylor Swift may be breaking records in the music industry, but Beyonce is breaking the bank.

The superstar singer has for the second year in a row topped Forbes' list of the top-earning women in music. The artist known as Beyonce Knowles Carter slid into the No. 1 slot last year with $53 million in earnings; she more than doubled that in 2014 by earning $115 million.

"Beyonce played 95 shows during our scoring period, bringing in an average $2.4 million per city," Forbes reports. "She added endorsement deals from the likes of H&M and Pepsi -- plus her self-titled surprise album, which hit iTunes in December 2013 and quickly became one of the year's top sellers -- to send her income into nine-figure territory."

Swift came in second with $64 million in earnings, which she can add to her accomplishment of selling almost 1.3 million records during the first week of the release for her "1989" album. Pink ranked No. 3 with $52 million, followed by Rihanna with $48 million and Katy Perry with $40 million.

Forbes bases its list on calculating income from record and merchandise sales, touring, endorsements, publishing and other ventures, without deducting for management and/or attorney fees.

The earnings were calculated from June 2013 to June 2014 and were based on data from Pollstar, the RIAA and Nielsen SoundScan, as well as interviews with managers, lawyers and executives.

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