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13 July 2012 - 09:43 AMT

Taylor Swift tops Forbes “highest-paid under 30” list

Taylor Swift has topped Forbes Magazine's list of the highest paid celebrities under the age of 30, earning a cool $57 million in the last year, Daily Mail said.

Swift even beat out Justin Bieber who is the only male celebrity in the top five. The 18-year-old Canadian singer made $55 million from record sales, concerts, and endorsements.

The rest of the top five are filled out by female singers with Rihanna, Lady Gaga and Katy Perry taking third, fourth and fifth places.

British singer Adele, whose album 21 is still in the Billboard top ten comes in sixth place, earning a cool $35 million. The star, who won six Grammy awards this year, recently announced she is pregnant with her first child by boyfriend Simon Konecki.

Twilight stars Kristen Stewart, Taylor Lautner and Robert Pattinson also found their way into the top ten. Along with her role as Bella Swan in the Twilight Saga, she also had big payday for dramatic movie Snow White and the Huntsman.

At 29-years-old, rapper Lil Wayne is the oldest on the list, squeezing out Pattinson and Lautner with $27 million in earnings to come in eighth place, due in part to album Carter IV which sold almost one million copies during its opening week last year.

Meanwhile 20-year-old Lautner matched his 26-year-old co-star Pattinson with $26.5 million, with both actors so far failing to make a splash in the film world away from the Twilight franchise.