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Friday, July 13, 2012

Songstresses dominate Forbes list of rich young celebs

Taylor Swift at the 47th Annual Academy of Country Music Awards in Las Vegas. Swift topped Forbes' list of the highest-paid celebrities under the age of 30, making $57 million last year. -- PHOTO: AP
WASHINGTON (AFP) - Female singers dominated the top of Forbes' list of the highest-paid celebrities under the age of 30, released on Thursday, starting with country pop sensation Taylor Swift.

The business magazine said the 22-year-old Swift earned US$57 million (S$72 million) in the 12 months to May, a period that included the North American and Australasian legs of her 111-concert 'peak Now tour.
Forbes said each Swift concert raked in an average of $1 million, with multi-platinum album sales and product endorsements topping up her wealth. She is expected to release a new album in October.
Teen idol Justin Bieber, 18, the only male in the top five, placed second at $55 million, followed by Rihanna ($53 million), Lady Gaga ($52 million) and Katy Perry ($45 million).
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