Female artists from the US, Canada, Great Britain and Barbados all appear on the list.
Taylor Swift has topped a list of the highest-earning women in music.
According to Forbes, the singer-songwriter raked in $170m (£137.8m) over the past 12 months, mainly thanks to her enormously successful 1989 World Tour.
Adele placed second with annual earnings of $80.5m (£65.2m), while Madonna appears in third position with annual earnings of $76.5m (£62m).
Katy Perry, who topped Forbes’ list last year, appears in sixth position with annual earnings of $41m (£33.2m) in a year in which she did not tour.
Rihanna, Beyoncé, Britney Spears, Jennifer Lopez, Shania Twain and Celine Dion also appear in the Top 10. The last four of these artists all staged lucrative Las Vegas residencies during the period the list covers, which runs from June 2015 to June 2016.
Check out the Top 10 highest-paid women in music according to Forbes below:
1. Taylor Swift: $170m (£137.8m)
2. Adele: $80.5m (£65.2m)
3. Madonna: $76.5m (£62m)
4. Rihanna: $75m (£60.8m)
5. Beyonce: $54m (£43.8m)
6. Katy Perry: $41m (£33.2m)
7. Jennifer Lopez: $39.5m (£32m)
8. Britney Spears: $30.5m (£24.7m)
9. Shania Twain: $27.5m (£22.3m)
10. Celine Dion: $27m (£21.9m)
Swift was a shoo-in to top this list after being named Forbes’ highest-earning celebrity in July. She recently played her only gig of 2016 at a Formula One grand prix in Austin, Texas, treating fans to a rendition of the Calvin Harris and Rihanna hit she co-wrote, ‘This Is What You Came For’.