Forbes latest annual list on Monday announced Beyonce as the highest paid woman in the music industry.
As reported by New Agency Nigeria, her hit album “Lemonade” and world tour contributed immensely to her latest ranking.
The Pop Diva edged out Britain’s Adele and pop star Taylor Swift.
The R&B singer earned some 105 million dollars from record sales and from her “Formation” concert tour, according to Forbes.
She also has her own Ivy Park fashion line and other business interests.
Forbes compiled the list after estimating pre-tax income for the 12 months from June 2016 to 2017, based on interviews with managers, agents, lawyers and some of the stars.