Katy Perry Vs Taylor Swift: music’s top earning female revealed

Katy Perry has now been named the highest paid female musician in the world – as well as the third highest paid celebrity around. 

Katy earned a huge €120m in the past 12 months and, according to the July edition of Forbes magazine, she earns more than many other of our favourite musicians… cough, cough arch nemesis Taylor Swift.

Still, Tay-Tay grabbed second place among the gals, earning a not-too shabby €71m over the past year (though she was only in ninth place in the overall list). 

Thirty-year-old Katy took to Instagram to express her happiness at being named the top earning female performer. 

"Before accepting the offer to be on the cover of Forbes, I was told that a lot of women have previously shied away from doing it. I wondered if it was because they thought socially it would look like they were flaunting or bragging or it wasn't a humble decision."

The Teenage Dream singer went on to explain that there is a difference between being cocky and being proud of what you have achieved: "Ladies, there is a difference between being humble and working hard to see the fruits of your labor blossom, and your dreams realized."

Finally, the ex-wife of comedian Russell Brand went on to tell all women out there that it's OK to be happy with what you have achieved. 

"Hopefully this cover can be an inspiration to women out there that it's okay to be proud of hard earned success and that there is no shame in being a boss. Also… don't think that I didn't celebrate this moment by going straight to Taco Bell and getting my crunch wrap supreme"

In the women's category, Katy came in ahead of Ellen DeGenerous (3rd), Beyonce (4th), Lady Gaga (5th) and Kim Kardashian (6th).

Katy has her mega-selling Prismatic World Tour, which saw her travel to 24 countries and perform 127 concerts, to thank for her huge fortune.