Forbes crowns Beyonce the highest paid woman in music in 2017 with estimated earnings of $105 million. She truly is the Queen!

She's known as Queen Bey.

And now business magazine Forbes has crowned Beyonce the highest paid woman in music in 2017, in its new list released on Monday.

It reported that the 36-year-old earned $105 million pretax this year, thanks in part to her acclaimed visual album Lemonade and Formation world tour, which grossed a whopping quarter of a billion dollars.

No. 1: Beyonce, 36, is the top earning female singer of 2017, raking in $105 million according to business magazine Forbes' new list. (Pictured at the  Grammy Awards in LA in February)

And that's despite taking time off as she and husband Jay-Z welcomed twins Rumi and Sir this summer.