Beyonce’s hit album "Lemonade" and her "Formation" world tour helped her become the world’s richest female musician. She had a stellar year which propelled her over pop star Taylor Swift.

Forbes released their annual list of the highest-paid women in music on Monday, which had Beyonce at the No. 1 spot. Last year, the R&B singer earned $150 million from records sales and touring, according to the website. Her tour alone racked in a quarter of a billion dollars.

British singer Adele followed Beyonce at the second spot with an estimated $69 million. Her "25" album broke records in the first week of sales and it won her a Grammy Award for Album of the Year in February. She secured millions during her world tour, her first since 2011. She performed over 100 shows before she canceled her last two due to vocal issues.

"Adele’s music appeals to listeners of all ages all over the world with her undeniably powerful, emotional vocal interpretations paired with timeless songwriting and production," singer-songwriter Skylar Grey told Forbes. "No matter what genre someone generally subscribes to, it’s hard to find a music lover who doesn’t appreciate what she does."

Swift, who topped last year's list with $170 million, came in third with an estimated $44 million in earnings. Swift should see a windfall as she holds the best-selling album of the year so far with "Reputation."

Canadian legend Celine Dion claimed the fourth spot with an estimated $42 million when she returned to her Las Vegas residency in February. She took a sabbatical after her husband Rene Angelil died in January 2016.

"It's been a tough journey," she told E! News July 2016. "Like I say, many times, many people go through this, and you see your husband suffer for three years, and it's not what you want to see. So now I know he is well, and we live with him in a different way. And I see him through the eyes of my children every single day."

Beyonce and Taylor Swift Beyonce and husband Jay-Z had two twins, Rumi and Sir this summer. Photo: Getty Images