Taylor Swift reportedly earning up to $1million a day this year... as she's named the world's highest-earning music star'

According to The Express, Taylor Swift has been named the highest-paid musician in the world after reportedly earning more than one million dollars a day for the duration of 2015...

The 25-year-old hitmaker is said to have raked in around $317.8 million since January from world tour and a series of lucrative endorsement deal.

The stunning star released her fifth studio album in October last year and the hugely-successful record sold 1.287 million in its first week and debuted at number one in album charts around the world. 

On top of the huge success of the album, Taylor embarked on an accompanying tour, The 1989 World Tour, which saw her storm the globe performing 85 jam-packed dates, in North America, Asia, Europe and Oceania. 

MailOnline has contacted a spokesperson for Taylor for comment. 

Just five shows from the North America branch earned $16.8 million from 149,708 ticket sales.

Los Angeles-based media analyst Mike Raia told the paper: 'Right now, Taylor is untouchable. She is so far ahead of everyone else in the industry that she has become not only a powerhouse entertainer but also an 

important mover and shaker on the commercial side on the music business.'

Atop her lucrative music career - Taylor has a series of endorsements under her belt which add to her considerable wealth. 

The Shake It Off hitmaker has launched three fragrances in conjunction with cosmetics giant Elizabeth Arden as well as her promotional deals with Diet Coke and Keds footwear.

In 2015, Taylor was placed at number eight in the Forbes Celebrity 100 rich list and number 64 in the Powerful Women list. 

The prestigious magazine predicted she will hit billionaire status by her 30th birthday and will eventually wind up as one of the world's wealthiest women.