Forbes magazine has labelled Beyoncé the highest-earning woman in music in 2014, having experienced the biggest year of her career and having doubled her earnings from last year.
In 2013, the superstar brought in $53 million. This year, she raked in a tidy $115 million.
According to Forbes and Pollstar, during the period surveyed Beyoncé played 95 shows and on average she took home $2.4 million per city. The release of her self-titled surprise album in December 2013 also helped boost the singer's earnings.
Beyoncé's bank balance was also aided with endorsement deals from H&M and Pepsi.
The singer, who is married to rapper Jay-Z, may see things get even better, having announced last week that she will launch a label of athletic streetwear with Topshop for autumn 2015.
"This not a collaboration. This is about building a brand and building a business - a separate, proper business, with separate overhead and a separate office," Topshop owner Sir Philip Green said of the deal.
Second on Forbes' list is Taylor Swift with $64 million in the bank that is aided by countless live shows and endorsements for Diet Coke, Keds and CoverGirl. Her latest album, 1989, is already soaring up the charts.
Pink and Rihanna are third and fourth on the list, worth roughly $52 million and $48 million respectively.
Forbes' top-earning women in music
- Beyoncé: $115m
- Taylor Swift: $64m
- Pink: $52m
- Rihanna: $48m
- Katy Perry: $40m
- Jennifer Lopez: $37m
- Miley Cyrus: $36m
- Celine Dion: $36m
- Lady Gaga: $33m
- Britney Spears: $20m