AKIPRESS.COM - Billboard announced 23-year-old American country singer Taylor Swift the highest-paid musician of the past year.

She earned nearly $40 million in 2013. Selling of her latest album Red and concert fees became the main sources of income for the young singer.

The second place is held by another country singer Kenny Chesney. He earned almost $33 million from sales of his latest album Life on a Rock and concert fees.

American musician and actor Justin Timberlake made the top tree as well. Last year, he released his first album in seven years.

The Rolling Stones and Bon Jovi have joined the five highest-paid musicians.

Total list of the highest-paid musicians consists of 40 people, the vast majority of them are representatives of American showbiz.