Taylor Swift Earns $1 Million per Day

Taylor Swift has reportedly managed to earn an average of $1 million per day this year.

The 25-year-old "Bad Blood" singer was named the highest-paid musician in the world, according to The Express. Swift has brought in approximately $317.8 million since January.

Most of her wealth has been accrued from the success of the hit songs from her "1989" album, the 1989 world tour and her many endorsement deals.

Swift's popularity skyrocketed after she transitioned from country singer to pop star. After finding her place in the genre, she released "1989" on Oct. 27, 2014. The album sold 1.287 million units in its first week and debuted at No. 1 on several charts globally. So far, the record has produced the five popular singles "Shake It Off," "Blank Space," "Style," "Bad Blood" and "Wildest Dreams."

The singer's 1989 world tour, which began in May, had her playing 85 tour dates in North America, Asia, Europe and Oceania.

"Right now, Taylor is untouchable," said Mike Raia, a Los Angeles-based media analyst. "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."

Swift has also profited from her lucrative endorsement deals, which include her three fragrances with Elizabeth Arden, and her deals with Diet Coke and Keds footwear.

The singer landed at No. 8 on the annual Forbes Celebrity 100 rich list and at No. 64 on the publication's Powerful Women list. She is also predicted to reach billionaire status by her 30th birthday, according to Forbes.

Meanwhile, before her high earnings were announced, Swift suffered a mishap in the kitchen. She posted a photo to Instagram on Saturday of her thumb bandaged with the caption, "band aids don't fix kitchen knife-related injuries." The caption was a reference to the lyric "Band-aids don't fix bullet holes" from her song "Bad Blood."