Taylor Swift named Forbes' highest-earning celebrity under 30 in 2016

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2016 definitely had its fair share of ups and downs, but financially at least, it was very good to Taylor Swift!

The 1989 singer topped Forbes' list of highest-earning celebrities under 30 this year, earning a staggering $170 million.

On the strength of her massively successful last album and tour, as well as a number of endorsement deals, Swift came out ahead of the next entry on the list, One Direction -- including the 26-year-old singer's ex-boyfriend, Harry Styles, -- who drew in $110 million.

WATCH: Little Big Town Helps Taylor Swift Return to the Country Charts

Other notable stars on the list include Adele (4), who made $80.5 million, Rihanna (5), at $75 million, the Weeknd (9), $55 million, and Drake (18), who was counted on this list despite turning 30 this year, and earned $38 million.

21 PHOTOS
Taylor Swift through the years
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Taylor Swift through the years
LOS ANGELES, CA - FEBRUARY 15: Recording artist Taylor Swift attends The 58th GRAMMY Awards at Staples Center on February 15, 2016 in Los Angeles, California. (Photo by Steve Granitz/WireImage)
Taylor Swift arrives at the iHeartRadio Music Awards at The Shrine Auditorium on Sunday, March 29, 2015, in Los Angeles. (Photo by John Salangsang/Invision/AP)
FILE - In this Dec. 31, 2014 file photo, Taylor Swift performs in Times Square during New Year's Eve celebrations in New York. Swift, along with Amanda Lambert, Kenny Chesney, George Strait, Garth Brooks, Reba McEntire and Brooks & Dunn will receive a special honor at the Academy of Country Music's 50th awards show on April 19. (Photo by Charles Sykes/Invision/AP, File)
FILE - In this Sept. 19, 2014 file photo, Taylor Swift arrives at the iHeart Radio Music Festival in Las Vegas. NBC said Friday, Oct. 3, that the singer is serving as a mentor to competitors later this month on "The Voice." Sheâll make her first appearance on Oct. 27 (Photo by Andrew Estey/Invision/AP, File)
SYDNEY, AUSTRALIA - NOVEMBER 28: Taylor Swift performs during her '1989' World Tour at ANZ Stadium on November 28, 2015 in Sydney, Australia. (Photo by Don Arnold/WireImage)
Taylor Swift poses backstage with the awards for favorite album - country for "Red", favorite female artist - pop/rock, favorite female artist - country, and artist of the year at the American Music Awards at the Nokia Theatre L.A. Live on Sunday, Nov. 24, 2013, in Los Angeles. (Photo by Jordan Strauss/Invision/AP)
Singer Taylor Swift performs at Z100's Jingle Ball 2012 presented by Aeropostale at Madison Square Garden on Friday Dec. 7, 2012 in New York. (Photo by Evan Agostini/Invision/AP)
FILE - This April 1, 2012 file photo shows country singer Taylor Swift at the 47th Annual Academy of Country Music Awards in Las Vegas. Swift's "The Hunger Games" soundtrack entry "Safe & Sound" with The Civil Wars _ a duo happily adopted by Swift's fan base _ also is nominated for video of the year for the 2012 CMT Awards, which kicks off at 8 p.m. EDT Wednesday, June 6, from Nashville's Bridgestone Arena.. (AP Photo/Isaac Brekken)
Taylor Swift arrives at the 54th annual Grammy Awards on Sunday, Feb. 12, 2012 in Los Angeles. (AP Photo/Chris Pizzello)
Taylor Swift arrives at the 39th Annual American Music Awards on Sunday, Nov. 20, 2011 in Los Angeles. (AP Photo/Chris Pizzello)
Taylor Swift arrives at the 38th Annual American Music Awards on Sunday, Nov. 21, 2010 in Los Angeles. (AP Photo/Chris Pizzello)
Singer Taylor Swift performs her song "Story of Us", as she kicks off her Speak Now North American tour, Friday, May 27, 2011, in Omaha, Neb. (AP Photo/Nati Harnik)
Taylor Swift at the Curb Event Center at Belmont University in Nashville, Tennessee (Photo by John Shearer/WireImage)
NASHVILLE, TN - NOVEMBER 06: Singer Taylor Swift attends the 40th Annual CMA Awards at the Gaylord Entertainment Center November 6, 2006 in Nashville, Tennessee. (Photo by Scott Gries/Getty Images)
NASHVILLE, TN - APRIL 16: Singer Taylor Swift accepts the award for 'Breakthrough Video of the Year' for the song 'Tim McGraw' onstage at the 2007 CMT Music Awards at the Curb Event Center at Belmont University April 16, 2007 in Nashville, Tennessee. (Photo by Peter Kramer/Getty Images)
Taylor Swift sings "Picture To Burn" during the CMT Music Awards Monday, April 14, 2008, in Nashville, Tenn. (AP Photo/Jeff Christensen)
Taylor Swift arrives at "The Grammy Nominations Concert Live" in Los Angeles on Wednesday Dec. 3, 2008. (AP Photo/Matt Sayles)
Taylor Swift poses with the award for album of the year and the Crystal Milestone award backstage at the 44th Annual Academy of Country Music Awards in Las Vegas on Sunday, April 5, 2009. (AP Photo/Jae C. Hong)
Musician Taylor Swift arrives at the annual Pre-GRAMMY Gala presented by The Recording Academy and Clive Davis on Saturday, Jan. 30, 2010 at The Beverly Hilton Hotel in Beverly, Hills, California. (AP Photo/Chris Pizzello)
Musician Taylor Swift poses for a portrait in West Hollywood, Calif. on Wednesday, Sept. 22, 2010. Swift's new album "Speak Now" will be released on Oct. 25, 2010. (AP Photo/Matt Sayles)
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With $46 million, Jennifer Lawrence (12), remained Hollywood's highest-paid actress, and Justin Bieber (6), took home $56 million (and at 22, barely beat out Styles for the youngest star on this list).

Check our Forbes' entire list here.

WATCH: Taylor Swift Is the Top-Earning Celeb of 2016 – See How Much She Made!

Swift may not be 30, but 10 years after her first album was released, she sure is a bona fide veteran of the music industry.

19 PHOTOS
Taylor Swift steps out with Serena Williams and more
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Taylor Swift steps out with Serena Williams and more
NEW YORK, NY - OCTOBER 13: Singer Taylor Swift, Serena Williams and Karlie Kloss are seen outside 'Bowery Ballroom' in Soho on October 13, 2016 in New York City. (Photo by Raymond Hall/GC Images)
NEW YORK, NY - OCTOBER 13: Singer Taylor Swift, Serena Williams and Karlie Kloss are seen outside 'Bowery Ballroom' in Soho on October 13, 2016 in New York City. (Photo by Raymond Hall/GC Images)
NEW YORK, NY - OCTOBER 13: Serena Williams and Karlie Kloss,Taylor Swift, Zoe Karvitz, Karl Glusman and Dakota Johnson are seen outside Bowery Ballroom in Soho on October 13, 2016 in New York City. (Photo by Raymond Hall/GC Images)
NEW YORK, NY - OCTOBER 13: Singer Taylor Swift, Serena Williams and Karlie Kloss are seen outside 'Bowery Ballroom' in Soho on October 13, 2016 in New York City. (Photo by Raymond Hall/GC Images)
NEW YORK, NY - OCTOBER 13: Serena Williams and Karlie Kloss,Taylor Swift, Zoe Karvitz, Karl Glusman and Dakota Johnson are seen outside Bowery Ballroom in Soho on October 13, 2016 in New York City. (Photo by Raymond Hall/GC Images)
NEW YORK, NY - OCTOBER 13: Singer Taylor Swift, Serena Williams and Karlie Kloss are seen outside 'Bowery Ballroom' in Soho on October 13, 2016 in New York City. (Photo by Raymond Hall/GC Images)
NEW YORK, NY - OCTOBER 13: Singer Taylor Swift is seen in Soho on October 13, 2016 in New York City. (Photo by Raymond Hall/GC Images)
NEW YORK, NY - OCTOBER 13: Taylor Swift and Martha Hunt are seen in Soho on October 13, 2016 in New York City. (Photo by Raymond Hall/GC Images)
NEW YORK, NY - OCTOBER 13: Singer Taylor Swift, Serena Williams and Karlie Kloss are seen outside 'Bowery Ballroom' in Soho on October 13, 2016 in New York City. (Photo by Raymond Hall/GC Images)
NEW YORK, NY - OCTOBER 13: Singer Taylor Swift, Serena Williams and Karlie Kloss are seen outside 'Bowery Ballroom' in Soho on October 13, 2016 in New York City. (Photo by Raymond Hall/GC Images)
NEW YORK, NY - OCTOBER 13: Singer Taylor Swift, Serena Williams and Karlie Kloss are seen outside 'Bowery Ballroom' in Soho on October 13, 2016 in New York City. (Photo by Raymond Hall/GC Images)
NEW YORK, NY - OCTOBER 13: Taylor Swift, Zoe Karvitz and Dakota Johnson are seen outside Bowery Ballroomon October 13, 2016 in New York City. (Photo by Raymond Hall/GC Images)
NEW YORK, NY - OCTOBER 13: Serena Williams and Karlie Kloss,Taylor Swift, Zoe Karvitz, Karl Glusman and Dakota Johnson are seen outside Bowery Ballroom in Soho on October 13, 2016 in New York City. (Photo by Raymond Hall/GC Images)
NEW YORK, NY - OCTOBER 13: Serena Williams and Karlie Kloss,Taylor Swift, Zoe Karvitz, Karl Glusman and Dakota Johnson are seen outside Bowery Ballroom in Soho on October 13, 2016 in New York City. (Photo by Raymond Hall/GC Images)
NEW YORK, NY - OCTOBER 13: Singer Taylor Swift and Karlie Kloss are seen outside 'Bowery Ballroom' in Soho on October 13, 2016 in New York City. (Photo by Raymond Hall/GC Images)
NEW YORK, NY - OCTOBER 13: Lily Donaldson, Dakota Johnson, Taylor Swift Zoe Karvitz and Karl Glusman are in Soho n October 13, 2016 in New York City. (Photo by Raymond Hall/GC Images)
NEW YORK, NY - OCTOBER 13: Singer Taylor Swift is seen in Soho on October 13, 2016 in New York City. (Photo by Raymond Hall/GC Images)
NEW YORK, NY - OCTOBER 13: Singer Taylor Swift is seen in Soho on October 13, 2016 in New York City. (Photo by Raymond Hall/GC Images)
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