Beyoncé at the TidalxBrooklyn concert. Picture: AP

Beyoncé has been named Forbes' highest-paid woman in music for this year after she raked in $105 million from June 2016 until June 2017.

The 36-year-old pop star dropped to second place on Forbes' annual rankings last year, but regained the top spot this time around with estimated earnings of a staggering $105 million - largely thanks to her successful 'Formation World Tour'.

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Trailing behind her in second is Adele with earnings of $69 million, which she raked in due to her first full tour since 2011.

Taylor Swift - who was the highest-paid woman last year - has slipped down the ranks to third position after pulling in $44 million pre-tax from June 2016 until June 2017.

But she'll no doubt be in the running for the top-spot next year as her new release 'Reputation' is already the best-selling album of 2017, meaning her earnings are set to rise.

Celine Dion ranked fourth with $42 million after resuming her Las Vegas residency in February following her hiatus in the wake of her husband René Angélil's death in 2016.

Jennifer Lopez rounded off the top five with $38 million, which she made through her gigs in Sin City and her new show 'World of Dance', which she produces and judges.

Dolly Parton wiggled her way into sixth position after pulling in $37 million, while Rihanna follow closely behind in seventh place with her earnings of $36 million for last year.

Britney Spears and Katy Perry claimed eighth and ninth place, respectively, with $34 million and $33 million. 

Barbra Streisand rounded off the list of top 10 after she made $30 million throughout the last tax year.

Some names are missing from the list - including Lady Gaga and Selena Gomez - but their expected to be back in the running next year due to a successful 12 months.

Forbes' highest-paid woman in music for 2017:

1. Beyoncé - $105 million

2. Adele - $69 million

3. Taylor Swift - $44 million

4. Celine Dion - $42 million

5. Jennifer Lopez - $38 million

6. Dolly Parton - $37 million

7. Rihanna - $36 million

8. Britney Spears - $34 million

9. Katy Perry - $33 million

10. Barbra Streisand - $30 million