TAYLOR SWIFT comes in at No. 7 on Forbes magazine's annual list of the most powerful people in the entertainment business. From May, 2010 through April of this year Forbes estimates Taylor earned $45 million.

The Top 10 List looks like this:

  1. Lady Gaga-90 million
  2. Oprah Winfrey
  3. Justin Bieber
  4. U2
  5. Elton John
  6. Tiger Woods
  7. Taylor Swift
  8. Bon Jovi
  9. Simon Cowell
  10. Lebron James

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