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Report: Taylor Swift Makes $1 Million Every Day

| by Michael Allen
Taylor Swift.Taylor Swift.

Singer Taylor Swift has reportedly banked $317.8 million since January from her hit album 1989, endorsement deals with corporate America and investments in three music management and touring companies. She is expected to finish 2015 having earned more than $365 million in income.

Los Angeles-based media analyst Mike Raia told the Daily Express:

"Right now, Taylor is untouchable.

"She is so far ahead of everyone else in the industry that she has become not only a powerhouse entertainer but also an important mover and shaker on the commercial side of the music business."

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The 25-year-old pop singer's financial success may be due in part to her father Scott, who works as a wealth management adviser, and mom Andrea, who was formerly employed as a mutual fund executive.

Forbes noted in May that Swift was worth an estimated $200 million, but that should increase significantly by May 2016. Swift was included in the magazine's "The Youngest Power Women Of 2015" list.

Sources: Daily Express, Forbes / Photo credit: marcen27/Flickr