Beyonce has been crowned 2014's highest-paid woman in music after banking $115 million in the past year, according to a new Forbes survey.

The superstar raked in the majority of her earnings from the success of her The Mrs. Carter Show World Tour, in addition to the surprise release of her self-titled album in December (13) and her endorsement deals with beauty giant L'Oreal and drinks firm Pepsi, among others.

The figure, which takes into account pre-tax income for the 12 months from June, 2013, is more than double what she earned last year (13), when she was ranked at number four, and easily places her ahead of her closest competitor, Taylor Swift, who amassed $64 million .

Pink rounds out the new top three with $52 million , while Rihanna and Katy Perry follow just behind with $48 million and $40 million , respectively.

Meanwhile, music and reality TV mogul Simon Cowell and America's Got Talent judge, shock jock Howard Stern, have tied for first place in another new Forbes poll, counting down the top earners in the entertainment industry. They each earned $95 million in the past year.

Other notable big earners include Oprah Winfrey at four with $82 million , Ellen DeGeneres at six with $70 million , Ryan Seacrest at eight with $65 million and celebrity chef Gordon Ramsay at nine with $47 million .