Katy Perry has edged out her fierce rival Taylor Swift to be named as the highest-earning female musician of 2015, with estimated income of $88 million in a 12-month period, according to the annual article by Forbes.

Perry’s Prismatic world tour accounted for the substantial part of her earnings, as she took approximately $1.3 million on every stop on the massive haul. Sponsorship deals tied in with the tour also added to this number, with deals with cosmetics brand Covergirl and fashion accessories company Claire’s as well as her fragrances released in conjunction with Coty.

Katy PerryKaty Perry earned $88 million between June 2014-June 2015, making her the highest-earning woman in music

“I am proud of my position as a boss, as a person that runs my own company,” Katy told Forbes in reaction. “I’m an entrepreneur… I don’t want to shy away from it. I actually want to kind of grab it by its balls.”

Covering June 2014 and June 2015, the time period measured didn’t account for much of Taylor Swift’s colossal 1989 World Tour, which reputedly has seen her earn $1 million every day and continues until December. Swifty was therefore beaten into second place, with an admittedly massive $80 million.

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The survey measures industry information, details given by managers and agents, as well as figures released by the artists themselves. It includes sponsorship deals and image rights as well as royalties from songs and income from touring.

Stevie Nicks and Christine McVie of Fleetwood Mac constituted the third place in the list, as the two women helped the five-piece group earn $59.5 million thanks to their extensive It’s On With The Show world tour.

Lady GaGa placed fourth in the survey, just behind Fleetwood Mac with $59 million. Beyonce, who topped last year’s list, is now in fifth place having earned $54.5 million over the last year.

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