Taylor Swift Beats Lady GaGa as 2012 Biggest Money Maker in Music

The 'Mean' singer rises from the sixth spot to the first place, beating last year's top-earning artist Lady GaGa by netting $35 million.Taylor Swift earned money more than any other music act during the year of 2011, according to Billboard. From sitting at No. 6 last year, the 22-year-old country music crooner jumped to the first spot by pocketing $35 million from the sales of her albums and songs, her world tour and songwriting royalties. She collected 17% more than the take-home pay of last year's biggest money maker Lady GaGa.

Swift sold 1.8 million copies of albums with her latest effort "Speak Now" on the lead (967,000 units). The young singer additionally pulled in 7.8 million digital tracks from her catalog, but it was her tour which became her most beneficial source of income. She's estimated to have cashed in $88.5 million gross in the United States alone, and have netted a grand total of $29.8 million from the roadshow.
Source:AceShowbiz
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